Caplight vs PitchBook
A side-by-side comparison of Caplight and PitchBook — two options for data & market intelligence. Pricing, features, and honest pros and cons.
Category
Data & Market Intelligence
Data & Market Intelligence
Rating
4.0 / 5
4.6 / 5
Pricing
Enterprise / Custom
Enterprise / Custom
Best for
Funds valuing or trading late-stage secondary positions
Funds of all sizes as the default data backbone
Key features
- Secondary market bid, ask, and trade data
- Mark-to-market pricing on pre-IPO companies
- Historical price trend charts
- Structured secondary transaction execution
- Valuation data API
- Company, deal, and valuation profiles
- Fund performance and benchmarking data
- LP and investor intelligence
- Round terms and post-money valuations
- Excel plugin and API
Pros
- Real transaction-based pricing, not just last-round marks
- Valuable for both valuation and execution
- Growing coverage of late-stage names
- Broadest well-maintained private markets dataset
- Fund benchmarks are essential when raising from LPs
- Excel plugin fits analyst workflows
Cons
- Liquidity data is thin outside popular names
- Most useful for late-stage-focused funds
- Premium per-seat pricing stings for small funds
- Private company financials are often estimated