Research & analysis · Third Bridge pricing
Third Bridge pricing with Third Bridge rates, cost and Forum subscription price from its audited accounts
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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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Third Bridge does not publish a price list, and the pages that rank for its pricing are mostly written for the other side of the market: experts wondering what Third Bridge pays them per hour, or smaller networks selling against it. Those hourly figures, anywhere from $350 to over $1,000, describe expert pay or competitor estimates. None of them is sourced to a contract.
There is a better record. Third Bridge Group Limited, the London company that runs the business, files full audited accounts at Companies House every year. The accounts for 2025, filed on 10 September 2026, report revenue of $73.4 million, up 14.9%, and they do something almost no vendor in this market ever does: they name two clients and state exactly what each paid. Astorg Partners and IK Partners London, both European private equity firms and both shareholders in Third Bridge's ultimate parent, bought $2,157,670 and $753,939 of Third Bridge services in 2025. The same filings set out, in the accounting policy, how the contracts are structured: prepaid hour packages that expire, pay as you go billed in arrears, and Forum transcript access paid up front for an agreed number of users.
Investables.ai is not an expert network and does not compete with one. It costs $49 to $249 a month. Enter a ticker and you get a structured research card: what the business does, the key market figures and the comparables, the bull case, the bear case, comparables and labeled risk flags. It is informational research only rather than investment advice, and it helps you decide which questions are worth an expert hour before you spend one.
Both sides bull and bear
Risk flags on every card
The short answer
How much does Third Bridge cost?
Third Bridge does not publish prices, but its audited UK accounts name two clients. Astorg Partners, a private equity firm, paid Third Bridge $2,157,670 in 2025, and IK Partners London paid $753,939. Calls are sold as prepaid hour packages that expire at the end of the term, or pay as you go billed after the call. Forum transcript access is paid up front for an agreed number of users.
Why it works
What the audited accounts show that the price guides do not
Two private equity firms' Third Bridge bills are a matter of public record
Related party rules make Third Bridge disclose what its own shareholders buy from it, and two of them are exactly the kind of client this page is for. Astorg Partners bought $2,088,985 of Third Bridge services in 2023, $2,312,067 in 2024 and $2,157,670 in 2025. IK Partners London bought $547,131, then $546,539, then $753,939. Both are European private equity firms running buyout funds, so these are the working expert research budgets of two active deal shops, audited, over three years. Two things stand out. The spread is roughly four to one between two firms of broadly similar type, which tells you contract size follows how many processes you run rather than a standard tier. And spend moves: Astorg cut 6.7% in 2025 while IK Partners added 37.9%, so the annual number is renegotiated in both directions. If a sales team tells you a fund your size needs a seven figure commitment, these are the two audited comparisons to put on the table.
Unused hours expire, and the accounts say so in plain terms
Third Bridge's revenue note describes its call business, which it calls Connection services, as a package contract based on a set number of hours of consultation that can be used at any time during the contract term. It then adds that turnover associated with contracted hours that have subsequently expired is recognised once Third Bridge has no further obligation to deliver them. In plain English, hours you do not use by the end of the term are gone and the money stays with Third Bridge. The same note confirms a second route: certain pay as you go clients are billed in arrears after the consultations happen. Deal flow is lumpy, so the expiry clause is where money gets wasted. Size the package to your quiet quarters, ask for rollover of unused hours into the renewal, and keep pay as you go as the fallback for spikes.
Forum is a seat licence paid up front, and prepayments are growing faster than revenue
The accounts describe Forum, the transcript and specialist content library, as continued access for the duration of the contract for an agreed number of users specified by the client, paid as an upfront payment and recognised evenly over the term. So Forum is priced per named user and paid before you use it, not metered by transcript. Third Bridge says the library covers more than 75,000 private and public companies and more than 100,000 expert transcripts, and it now also offers access through an MCP connection for AI tools. The balance sheet shows how much of this is paid in advance: deferred income, cash received for services not yet delivered, rose 17.9% to $22,162,848 in 2025, faster than the 14.9% growth in revenue and equal to about 30% of a year's sales. That is the vendor's leverage at renewal. Yours is the user count, so agree it by name and ask for mid term step downs.
What you get
Public company research without an hour package
Enter any ticker and the research card lays out what the business does, the key market figures, the listed comparables, the bull case, the bear case and the labeled risks. Nothing to prepay and no hours that expire.
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- Costs $49 to $249 a month against six and seven figure expert network budgets
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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
Third Bridge cost and revenue, from its audited Companies House accounts
Figures are taken from the full accounts of Third Bridge Group Limited (company number 06263699) for 2024 and 2025, filed at Companies House on 25 July 2025 and 10 September 2026. Each set of accounts also reports the prior year, which is where the 2023 client figures come from. The 2023 revenue figure is our own arithmetic from the stated 17.8% growth and is labeled as such.
| Line | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue, Third Bridge Group Limited | about $54.3m (our arithmetic) | $63,913,375 | $73,426,866 |
| Revenue growth | Not reported here | 17.8% | 14.9% |
| Sales to Astorg Partners (private equity) | $2,088,985 | $2,312,067 | $2,157,670 |
| Change in Astorg spend | Base year | up 10.7% | down 6.7% |
| Sales to IK Partners London (private equity) | $547,131 | $546,539 | $753,939 |
| Change in IK Partners spend | Base year | down 0.1% | up 37.9% |
| Deferred income at year end (paid, not yet delivered) | Not extracted | $18,803,272 | $22,162,848 |
| Average number of employees | Not extracted | 406 | 408 |
| Investables.ai, for scale (published rate) | $49 to $249 a month | No hour package | No upfront payment |
The two client figures are sales by the UK company to shareholders of its ultimate parent, Tremolo Topco Sarl, which the accounts describe as sales in the ordinary course of business. They may bundle calls, Forum access and other services, and they exclude anything billed by other group companies such as Third Bridge US Inc, so read them as what two real buyers paid this entity, not as a rate card. Educational only, not procurement or investment advice. Investables.ai pricing is our own published rate.
Why Investables.ai
From a six figure prepayment to $49 a month
Third Bridge bills its private equity clients in the hundreds of thousands to low millions of dollars a year, mostly up front. If the job is the first structured read on a listed company before you spend an expert hour on it, that is a monthly 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.
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Questions about third bridge pricing
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