Investables.ai

Compare · Preqin

Preqin alternatives and competitors, with pricing and Preqin vs PitchBook compared

Preqin is an alternative assets database: fund performance, fund managers, institutional investors and their commitments across seven private asset classes, sold on an annual contract through a sales process. Investables.ai is a public-market research layer: one structured card per public asset, both sides of the argument, risk flags surfaced, in seconds, on a monthly subscription. They do genuinely different jobs, and the only reason they appear on the same page is that a lot of Preqin searches come from people whose real question is about public companies.

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Preqin is the reference dataset for alternative assets: roughly 190,000 funds, 60,000 fund managers and 30,000 institutional investors across private equity, venture, private debt, real estate, infrastructure, natural resources and hedge funds. It is quote-only, and across three independent procurement datasets a real contract clusters around $50,000 a year. Entry configurations are reported near $25,000 and enterprise deployments past $120,000. That price is why most of these searches happen.

One warning before the comparison, because it has misled a lot of budgets. Several widely copied pages list Preqin tiers at "$2,083 per year", "$4,167 per year" and "$6,667 per year". Those are monthly figures with an annual label. Multiply by twelve and you get $25,000, $50,000 and $80,000, which matches the annual range the same pages quote in their own headlines. The entry Preqin tier is about $25,000 a year, not $2,083.

One more thing changed recently. BlackRock acquired Preqin for GBP 2.55 billion and closed in March 2025, and by early 2026 had folded the data into Aladdin alongside eFront. Preqin is no longer an independent vendor you evaluate in isolation, which matters at renewal.

Investables.ai sits at the bottom of the comparison for one narrow and honest reason. A large share of people who reach a Preqin pricing page are not doing private markets work at all: they need to understand public companies quickly and reached for the most serious-looking platform they could find. Paste any ticker, ETF or crypto token and Investables.ai returns a structured research card: a plain-language thesis, an explicit bull case, an explicit bear case, key metrics, comparables and labeled risk flags. It holds no private company data, no fund performance data and no LP records. It is informational research, not personalized investment advice, and it never places a trade.

The short answer

What is the best Preqin alternative?

It depends which half of Preqin you use. For private company financials and deal comps, PitchBook at a median $31,875 a year. For venture and emerging technology intelligence, CB Insights, reported from about $60,000. For sourcing private companies cheaply, Tracxn at a reported $1,000 to $1,500 a month or Crunchbase at $99. For European coverage, Dealroom from about EUR 12,500. For US fund performance specifically there is no true substitute, though public pension board materials carry much of the same data free. For public company research, Investables.ai from $29 a month. Preqin itself is quote-only near $50,000 a year.

Last updated August 2026

What each one costs

Preqin pricing vs Investables.ai pricing

Preqin publishes no usable price list and quotes every contract. Everything below is what buyers, comparison sources and procurement marketplaces reported publicly as of August 2026. The most useful number to budget against is about $50,000 a year for a small team, and the row explaining the mislabeled $2,083 figure is the one that saves people the most trouble.

Plan or deployment Price (USD) What you get
Preqin Pro, single asset class Reported about $25,000 / year One alternative asset class, standard platform access
Preqin Pro, multi-asset Reported about $50,000 / year Several asset classes, broader fund and investor coverage
Preqin Enterprise Reported about $80,000 / year Wide coverage, more users, dedicated support
Small team, 2 to 5 users Reported $20,000 to $50,000 / year The band most emerging managers and boutiques land in
Mid-sized team, 5 to 15 users Reported $50,000 to $120,000 / year Two to four asset classes across a working desk
Enterprise, 15+ users Reported $120,000 to $250,000+ / year Multi-asset class plus API access
Median contract, marketplace data $49,334 / year, range $27,674 to $77,221 Verified purchase data; a second source reports $58,168 from only 5 deals
API and data feeds Reported to add 30% to 60% on base Programmatic delivery, quoted separately as Data Solutions
Onboarding, training, escalator Reported $2,000 to $10,000 setup, 5% to 8% per year The two line items buyers most often miss at signing
⚠️ The mislabeled figure Ignore "$2,083 / year" That is a monthly number with an annual label; x12 gives the real $25,000
Investables.ai Analyst $29 / month 50 research cards a month with thesis, bull case, bear case, metrics and risk flags
Investables.ai Pro $79 / month 300 cards a month plus earnings call and filing summaries, exports
Investables.ai Team $249 / month 5 seats, 1,500 cards a month, shared watchlists and audit-ready exports

Preqin pricing is quote-only and every figure above is a publicly reported third-party range gathered August 2026, not an official quote. Contact Preqin for accurate pricing. Investables.ai holds no private company data, no fund performance data and no LP records.

Want the full procurement breakdown? Our Preqin cost guide works through the sourced pricing data, what drives the quote and where the negotiation leverage sits.

The full landscape

Preqin competitors and alternatives, compared

The platforms buyers shortlist against Preqin, grouped by what they actually replace. Private markets datasets sit at the top; adjacent and public-market tools sit below and do a narrower job for far less money. Prices are list or publicly reported figures gathered August 2026.

Tool Reported price (USD) What it is, and who shortlists it
Preqin Quote only, median near $50,000 / yr Alternative assets: fund performance, LP commitments, GP benchmarking across 7 asset classes.
PitchBook Median $31,875 / yr, single user from $12,000 Private company financials, deal comps and valuations. The most common head-to-head.
CB Insights Quote only, reported from about $60,000 / yr Venture-stage startup intelligence and market maps. Strong on emerging technology.
S&P Capital IQ Pro Quote only, reported $10,000 to $50,000+ / seat Public and private financials plus M&A comps and an Excel plug-in. The banking default.
AlphaSense Quote only, reported $10,000 to $20,000 / seat Broker research, transcripts and document search. Bought for the corpus.
Dealroom Premium from about EUR 12,500 / yr, 3-seat minimum European private company and venture coverage. The regional budget option.
Tracxn Reported $1,000 to $1,500 / month Private company sourcing at a fraction of the price. Thinner on fund performance.
Crunchbase Pro $99 / month, Business $199 / month Company and funding basics. Genuinely cheap, and correspondingly shallow.
Public filings, direct Free Pension board materials, SEC Form ADV and Form D. Covers more than most people assume.
Investables.ai $29 to $249 / month A structured AI research card per public asset: thesis, bull case, bear case, metrics, comparables and risk flags. No private markets data.

Enterprise pricing in this table is quote-only and the figures shown are publicly reported third-party ranges gathered August 2026, not official quotes. Confirm current pricing with each vendor before budgeting. Investables.ai holds no private company data, no fund performance data and no LP records.

Side by side

Preqin vs Investables.ai, honestly

A fair look at what each does well. Both are capable tools. Here is where they differ.

What matters Investables.ai Preqin
Core job Understand a public asset fast: thesis, bull case, bear case, metrics, comparables, risk flags Research private funds, fund managers and the institutions that allocate to them
Private fund performance data None. This page will not pretend otherwise The core product, and the reason the price is what it is
LP and GP contact records Not covered Yes, and one of the main reasons placement agents buy it
Public equities, ETFs and crypto The whole product Largely out of scope; Preqin is a private markets dataset
Both sides of the case Every card states an explicit bull case and bear case plus labeled risk flags Neutral reference data you interpret yourself
API access Exports on paid plans Available, quoted separately, reported to add 30% to 60%
Buying process Card payment, monthly, cancel any time Sales cycle, quote, annual contract, 5-day trial once per business entity
Price $29 to $249 a month Quote only, reported median near $50,000 a year
Best suited for Individual investors, RIAs, analysts and small funds working public markets LPs, GPs, consultants, placement agents and fund service providers

Comparison reflects general, publicly understood positioning. Capabilities change, so check each product for the latest.

Why analysts pick Investables.ai

One structured research card for every name you study

Check whether your question is about funds or companies

Preqin answers questions about funds and the people who allocate to them. PitchBook answers questions about companies and the deals done on them. CB Insights answers questions about which startups are emerging in a technology category. Firms that buy the wrong one of the three almost always did so because a comparison article treated them as interchangeable, then found out eight months into an annual contract that the coverage they needed sat in a different product entirely.

Cut asset class scope before you argue about seats

Asset class breadth is the largest single driver of a Preqin quote, and unlike a seat reduction, cutting it costs nobody their login, which makes it politically easy inside a firm. Most teams can name the one or two asset classes their workflow actually runs on; the rest were bought during a period of strategic expansion that then did not happen. This lever alone frequently moves a quote by a third. Cap the 5% to 8% renewal escalator too, because an uncapped one gives back the whole multi-year discount by year three.

A written case, not a wall of reference data

On the public markets side, Investables.ai returns a written thesis with the bull case, the bear case and the risk flags already surfaced, so the reading is done and the judgment is still yours. It issues no ratings, picks or price targets, and it is informational research meant to speed up your own work rather than financial advice.

Good questions

Preqin vs Investables.ai, answered

Preqin is quote-only with no usable published price list. Across three independent procurement datasets a real contract clusters around $50,000 a year: one marketplace reports a median of $49,334 with a range of $27,674 to $77,221, a second reports $58,168 from only five deals, and a third puts the typical band at $25,000 to $81,000. Small teams of two to five users are reported at $20,000 to $50,000 and enterprise deployments at $120,000 to $250,000 or more. Figures gathered August 2026.
Because that is a monthly figure with an annual label, and it is the most repeated pricing error about Preqin on the open web. Several comparison pages list the tiers at $2,083, $4,167 and $6,667 per year. Multiply each by twelve and you get $25,000, $50,000 and $80,000, which is exactly the annual range those same pages state in their own headlines. A page cannot offer plans from $25,000 to $80,000 a year and also cap its top tier at $6,667. The entry tier is about $25,000 a year.
BlackRock. It agreed to acquire Preqin in mid-2024 for GBP 2.55 billion, roughly $3.2 billion in cash, and closed in March 2025. Founder Mark O Hare, who started Preqin in 2002, joined BlackRock as a Vice Chair. By early 2026 BlackRock had folded Preqin into Aladdin alongside eFront and launched a combined end-to-end private markets workflow. Preqin contributed about $65 million of revenue in the fourth quarter of 2025.
No, Preqin is generally the more expensive of the two. Verified purchase medians put Preqin near $50,000 a year and PitchBook at $31,875 across a much larger 130-transaction sample, with a single PitchBook user reported at $12,000 to $20,000. They are not substitutes though. Preqin covers funds, fund managers and institutional allocators; PitchBook covers private companies, deals and valuations. Price should be the second question, after which dataset answers your actual work.
Yes, but a short one. Preqin runs a free trial of Preqin Pro that is typically five days and redeemable once per business entity, arranged through its sales team rather than by self-serve signup. Five days is enough to audit whether the coverage you need exists and not enough to run a real research project. There is also a free account tier with limited headline statistics and selected publications, useful for a one-off market number and insufficient for fund-level work.
In practice no. Preqin sells to institutions on annual contracts through a sales process, with no monthly billing, no student tier and no individual plan, and enquiries from single users rarely convert. The entry configuration is reported near $25,000 a year, and a single-user contract is not meaningfully cheaper than a three-user one because the floor is set by configuration rather than headcount. Individuals researching public markets are better served by tools priced for them.
There is no free equivalent, but a surprising amount of the underlying data is public if you are willing to assemble it. US public pension funds publish private equity performance in board materials and annual reports, and those disclosures are the original source behind a meaningful share of the fund performance data vendors resell. SEC Form ADV covers registered advisers and Form D covers private offerings. It is slow and fragmentary, which is precisely the labor Preqin charges for, but for a single question it often beats a procurement cycle.
Preqin quotes API and feed access separately as Data Solutions, with no published pricing. Reported figures put it at 30% to 60% on top of the base subscription, so roughly $15,000 to $30,000 more on a $50,000 contract. The pricing logic is redistribution risk rather than bandwidth: once data leaves the screen and lands in your systems, the vendor can no longer meter who sees it. If you plan to show the data to your own clients, that is a different license again and worth raising early.
It depends whether your work is repeatable. Preqin earns its cost when a team runs the same private markets process continuously: benchmarking every fund in a pipeline, refreshing an LP target list quarterly, or answering allocator questions with defensible third-party numbers. It does not earn its cost for one-off questions, for teams whose real need is public market research, or for firms paying for five asset classes they never open. Ask for named-user activity data before every renewal, because Preqin has it.

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