Rogo Pricing 2026 and Rogo AI Cost Per Seat

Rogo does not publish pricing. It sells enterprise contracts through its sales team, and the only per-seat figure in circulation, about $3,300 a year, is a third-party estimate from the research firm Sacra. Checked against Rogo's own disclosure of more than 35,000 users and Sacra's estimate of $53 million in annual recurring revenue, the average works out nearer $1,500 per user a year. Data from LSEG and PitchBook needs your own separate license on top. This guide separates what is on the record from what is estimated, shows the arithmetic, and prices the data licenses most Rogo budgets leave out.

How much does Rogo AI cost?

There is no list price. Rogo's site offers a demo request and no plans page, and there is no self-serve checkout or card signup. What you can put in a spreadsheet today is a short list of numbers with very different levels of reliability:

The honest answer to the headline question is a range, not a number: expect a quote in the low thousands of dollars per seat per year, with the per-user figure falling as seat count rises, and a separate budget line for every data vendor you want Rogo to read from.

Does Rogo publish pricing?

No. Rogo sells to investment banks, private equity firms, hedge funds and asset managers, and every contract is negotiated. Its named clients include Rothschild & Co, Jefferies, Lazard, Moelis and Nomura, which tells you who the price is set against. Pages that appear to show Rogo tiers are either placeholder tables that say "contact sales" or aggregator reviews restating the Sacra estimate. Search results for the name are also polluted by an unrelated crypto token, so a price chart you see there has nothing to do with the software.

Does the $3,300 per seat figure hold up?

Not as an average, and the reason is in two numbers that are both public. Rogo's April 29, 2026 Series D announcement says more than 35,000 financial professionals across more than 250 institutions use the platform. Sacra estimates Rogo's annual recurring revenue at $53 million in August 2026, up from about $15 million at the end of 2025.

If all 35,000 users paid $3,300, recurring revenue would be about $115.5 million, more than twice the estimate. Divide the estimate by the user count instead and you get roughly $1,514 per user a year. At least one of three things must be true: the average paid seat is well below $3,300, a large share of those 35,000 people sit on pilots or firm-wide licenses that are not priced per head, or the revenue estimate is low. Our read is that the first two both apply, because firm-wide rollouts at large banks are exactly where per-user prices collapse.

That matters for a small buyer, and not in your favor. The low average is produced by enterprise deals with thousands of users. A five-person advisory boutique should not walk into a negotiation expecting $1,500 a seat. The $3,300 figure is a more realistic anchor for a small team, and the gap between the two numbers is your evidence that volume discounts are steep.

How much does a Rogo subscription cost per year?

For planning, use $3,300 per seat per year as the starting point for a small team, then ask for the discount that the averages suggest large clients receive. Five seats at that estimate come to $16,500 a year, and twenty seats to $66,000, before data licenses and before any implementation work. Third-party reviews report multi-year enterprise terms, credited pilots and seat true-ups, none of which Rogo confirms publicly, so ask for all three in writing: term length, whether a paid pilot is credited against the contract, and how seats added mid-term are billed.

What does data cost on top of a Rogo seat?

This is the line that turns a modest seat price into a large contract. Rogo connects to LSEG, S&P Capital IQ, PitchBook, Preqin, Crunchbase and Dow Jones, but a connector is not a data license, and the vendors say so.

When LSEG announced its partnership with Rogo on August 20, 2025, it said the integration gives real-time access to its data to Rogo customers "with a Workspace license." A full LSEG Workspace seat is reported around $22,000 per user per year; our LSEG Workspace cost guide covers the stripped-back configurations and why published figures disagree. PitchBook's setup guide for its Premium Connector in Rogo says you need a seat-based, unlimited or trial PitchBook license, single sign-on and a paid Rogo account. PitchBook seats are reported at $12,000 to $20,000 a year, and the PitchBook subscription cost guide has the federal contract figures behind that range. Fundamentals data follows the same rule: Daloopa lists Rogo among its connector partners, but Daloopa's MCP access comes only with a paid Core or Premium plan quoted by its sales team, which our Daloopa pricing and API pricing breakdown covers plan by plan.

Put the reported numbers together for one banker who wants Rogo reading PitchBook data: about $3,300 for the Rogo seat plus $12,000 to $20,000 for PitchBook is $15,300 to $23,300 a year. Most of that bill goes to the data vendor, not to Rogo. If your firm already licenses PitchBook or LSEG, Rogo is an increment. If it does not, the AI layer is the cheap part.

Which costs more, Rogo or Hebbia?

On the estimates available, Hebbia costs more per seat. Hebbia is reported at about $10,000 a year for a Professional seat and $3,000 to $3,500 for a Lite seat, against about $3,300 for Rogo, and both sets of numbers come from Sacra rather than from the vendors. Neither publishes a price, both sell annual or longer enterprise contracts, and both depend on the same third-party data licenses. The products also aim at different work: Rogo leans toward banking workflows such as deal screening, CIM drafts and buyer outreach, while Hebbia is built around reading large document sets. Our Hebbia pricing and license cost breakdown goes through its public record, including why its federal contracts reveal no seat price.

Is Rogo worth it?

For a banking team screening deals, drafting CIMs and building buyer lists every week, probably yes, if a pilot shows real hours saved per deal. Baird's chief operating officer for global investment banking is quoted on Rogo's site describing value for both senior and junior bankers, and that is the buyer the product is built for. The test is simple: measure analyst hours on two or three live mandates during the pilot, and price the contract against those hours rather than against the list of features.

It is much harder to justify for one person or a small investment team whose work is reading public companies. You would be paying an enterprise seat price, plus data licenses, for workflows built around deal execution. If your credit work is specifically about lending decisions rather than market research, a purpose-built AI loan underwriting tool that reads borrower financials is a closer fit than a banking copilot.

What is a cheaper alternative to Rogo for public company research?

If the job is forming a view on a listed company, you do not need an enterprise AI contract. Investables.ai turns any US ticker into a structured research card: what the business does, the key market figures and comparables, an explicit bull case, an explicit bear case and labeled risk flags. It costs $49 to $249 a month on a published rate card, with no sales call, no seat minimum and no annual term. It does not draft CIMs or read your data room, and it is not meant to. For a one-person buyer comparing platforms, our single-seat cost comparison across Bloomberg, FactSet, Capital IQ, PitchBook and Preqin shows what the institutional alternatives charge one user.

How do you negotiate a Rogo contract?

Start from the gap between $3,300 and $1,514. It is public evidence that Rogo prices volume aggressively, so ask for the per-seat rate at a seat count above your current need and negotiate a ramp rather than paying list for a small start. Second, make the pilot paid and credited, with a written success metric. Third, inventory the data licenses you already hold before the demo, because connectors to vendors you already pay for are where Rogo's value is highest and your incremental cost lowest. Finally, ask how seats are counted: named users, active users or firm-wide, since the answer changes the math more than the headline rate.

The short version

Rogo has no public pricing. The quoted $3,300 per seat per year is an unverified Sacra estimate, and Rogo's own 35,000 user count against an estimated $53 million in recurring revenue implies about $1,500 per user, which reflects large firm-wide deals rather than what a small team will pay. LSEG and PitchBook data inside Rogo require your own licenses, and those typically cost several times more than the Rogo seat. Hebbia is reported to cost more per Professional seat. For public company research by one person or a small team, a $49 to $249 a month research card plan covers the job without an enterprise contract.