Bloomberg Terminal vs PitchBook
A side-by-side comparison of Bloomberg Terminal and PitchBook — two options for data & market research. Pricing, features, and honest pros and cons.
Category
Data & Market Research
Data & Market Research
Rating
4.5 / 5
4.6 / 5
Pricing
From $28,320/seat/yr
Enterprise / Custom
Best for
Funds with active capital markets and credit workflows
PE, VC, and advisory firms of all sizes
Key features
- Real-time market data across every asset class
- News, research and analyst estimates
- Fixed income and leveraged loan analytics
- M&A and comparable-deal screening (MA, PEER)
- Instant Bloomberg (IB) chat network
- Private company and investor profiles
- Deal, fund, and LP data
- Comps, valuations, and multiples
- Fund performance benchmarking
- Excel plugin and API
Pros
- Unrivalled breadth and speed of market data
- IB chat is still where credit and capital markets talk
- Deep debt-market data matters for LBO financing work
- Broad, well-maintained private markets dataset
- Strong benchmarking and comps tooling
- Excel plugin fits analyst workflows
Cons
- Very expensive per seat and prices rise almost annually
- Private-company coverage is weak versus PE-specific tools
- Dated interface with a steep learning curve
- Premium pricing per seat
- Private financials are often estimated