Research & analysis · Tegus pricing
Tegus pricing, Tegus cost and Tegus subscription cost after the AlphaSense deal
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Thesis, bull and bear case, key metrics, comparables and risk flags, synthesized into one structured tear-sheet.
Thesis
Bull case
Bear case
This name is not publicly listed, so there is no market data to show. The card covers the thesis, both sides of the argument and the risk flags.
Key metrics
Comparables
Risk flags
Market data from public sources, as of . Informational only, not financial advice. Qualitative card, no public market data for this name. Informational only, not financial advice.
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Tegus no longer has a price list of its own. Since AlphaSense closed its $930 million acquisition on July 8, 2024, the old tegus.com/pricing address redirects to an AlphaSense pricing page that shows two tiers, Market Intelligence and Enterprise Intelligence, both with an Expert Transcript Library and neither with a dollar figure. The Tegus transcript library and the Tegus call service are now sold as modules inside an AlphaSense contract, and we found no evidence that a standalone Tegus license is still offered.
The numbers that do exist are older and have to be read with their dates attached. A 2022 profile of the company reported subscriptions starting at $20,000 to $25,000 per seat a year, and expert calls at $300 to $400 against $1,000 or more at a traditional network. Tegus's own vendor listing put the average call at $325 an hour, billed at the expert's cost plus transcription. Vendr's marketplace shows a median annual contract of $30,000, with one to three users usually landing between $25,000 and $50,000. An expert-network directory reports that buyers saw prices rise after the acquisition, which is anecdotal but consistent with a bundle moving into a larger platform.
Investables.ai is a different and far smaller purchase at $49 to $249 a month. Enter a ticker and you get a structured research card: what the business does, the metrics that matter, the bull case, the bear case and the risks. If your team needs a library of expert transcripts to build conviction on a private deal, Tegus inside AlphaSense is built for that. If you need the first written read on a public company before you spend an expert hour on it, you do not need an enterprise seat to get it.
Both sides bull and bear
Risk flags on every card
The short answer
How much does Tegus cost?
Tegus has no public price list and is now sold inside AlphaSense contracts. Before the 2024 acquisition, seats were reported at $20,000 to $25,000 a year and expert calls at about $325 an hour. Vendr reports a median annual contract of $30,000, with small teams of one to three users usually paying $25,000 to $50,000.
Why it works
What changed in Tegus pricing when AlphaSense bought it
One license became one module inside a bigger contract
In February 2024 Tegus moved to a single platform license that bundled transcripts, Canalyst models and BamSEC filings, replacing a structure where each of those needed its own seat. Five months later AlphaSense agreed to buy the company. Archived pricing pages show the progression: separate seats in 2023, one license with seat-based and team-based pricing through late 2024, and a redirect to AlphaSense from mid 2025. What you now negotiate is an AlphaSense seat with Tegus Expert Insights and Tegus Expert Call Services attached, so the Tegus share of the bill is no longer visible on its own.
Expert calls are priced at cost, and that is the cheap part
Tegus built its reputation on not marking up the expert. Its own listing described calls at the expert's cost plus transcription, with an average of about $325 an hour, against the $1,000 or more a traditional network charges per call. Calls were bought pay as you go or through prepaid packages that carried bonus dollars. The expensive part was always the platform seat, reported at $20,000 to $25,000 a year in 2022. A team that books ten calls a quarter spends more on the seat than on the calls, which is the number to push on in a renewal.
AlphaSense averages about $85,700 per customer, which sets the anchor
AlphaSense said in June 2026 that it passed $600 million of annual recurring revenue across more than 7,000 enterprise customers. Dividing one by the other gives about $85,700 per customer a year. That is our arithmetic, it blends very large banks with small funds, and it includes everything AlphaSense sells, not Tegus alone. It still tells you where the sales conversation starts. For comparison, Vendr puts the median Tegus contract before the bundle at $30,000, so a buyer who only wants transcripts should expect to be moved toward a larger package.
What you get
Public company research without an AlphaSense seat
Enter any ticker and the research card lays out what the business does, the key market figures and the comparables, the bull case, the bear case and the labeled risks. No sales call, no annual term and no call package to prepay.
- Turns any US ticker into a structured research card in seconds
- Costs $49 to $249 a month against a reported $20,000 to $25,000 Tegus seat
- Puts the bull case and the bear case side by side with labeled risk flags
- Needs no sales call, no seat minimum and no prepaid call package
- Gives you a sharper question list before you book an expert call
- Covers small and mid caps that sell-side research rarely reaches
Thesis
Dominant AI accelerator supplier. The debate is the durability of data-center demand versus a cyclical capex peak.
Bull
CUDA moat, near-monopoly share
Bear
Customer concentration, cycle risk
Side by side
Tegus cost, what is on the record and what is only reported
Each row names its source and says whether the figure is a company disclosure, a third-party report or our own arithmetic. Dates matter here, because the product changed owners in 2024.
| Item | Figure | Status | Source |
|---|---|---|---|
| Published Tegus price list | None. tegus.com/pricing redirects to AlphaSense | Confirmed, September 2026 | Tegus and AlphaSense websites |
| Seat price before the deal | $20,000 to $25,000 a year | Third-party report, 2022 | Not Boring company profile |
| Expert call, average | About $325 an hour | Company listing, undated | Tegus Call Services vendor listing |
| Expert call, reported range | $300 to $400 a call | Third-party report, 2022 | Not Boring company profile |
| Median annual contract | $30,000 | Third-party estimate, undated | Vendr marketplace |
| One to three users | $25,000 to $50,000 a year | Third-party estimate, undated | Vendr marketplace |
| Acquisition price | $930 million, closed July 8, 2024 | Company disclosure | AlphaSense press release |
| Tegus ARR at sale | Over $120 million | Third-party report | Inex One expert network directory |
| AlphaSense per customer | About $85,700 a year | Our arithmetic | Over $600m ARR across over 7,000 customers, June 2026 |
| BamSEC Pro, a Tegus product | $69 a month, billed annually | Published price | BamSEC pricing page |
| Investables.ai, for scale | $49 to $249 a month | Published rate | Investables.ai pricing page |
We searched SEC EDGAR full text for any filing that names a fee paid to Tegus and found none. Estimates are labeled as estimates. Ask AlphaSense for a written proposal that separates the platform seat, the Tegus Expert Insights module and any prepaid call credits before you budget.
Why Investables.ai
From a reported $20,000 seat to $49 a month
Tegus seats were reported at $20,000 to $25,000 a year before the AlphaSense deal, and Tegus content is now sold as modules inside AlphaSense contracts. If what you need is a fast, structured first read on a listed company before you book an expert, that is a much smaller purchase.
Both sides, every time
The bull case and the bear case sit side by side, so you weigh the argument instead of reading a single take. Informational only, never a recommendation.
Risks on the page
Valuation, concentration and regulatory risks are flagged explicitly, so the downside is visible up front rather than buried in a footnote.
Faster diligence
A structured first pass in seconds means you spend your time on judgement, not on gathering, across stocks, ETFs, crypto and startups.
Good questions
Questions about tegus pricing
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