Crunchbase
Crunchbase tends to fit when
You need a quick look at who invested in whom, a first pass at comps, and you will click through with skepticism. Fine for founder research. Confirm anything you will say in a memo.
Crunchbase vs PitchBook
Crunchbase vs PitchBook: public-enough data versus a paid research terminal
Reviewed August 21, 2026 by Robb
Crunchbase is the layer most operators can open without a procurement fight. PitchBook is a paid dataset firms live in. Both will be wrong about your company if you do not correct them — and both will be wrong about someone else’s round sizes more often than slide decks admit. Use them to learn the market. Do not use them as your own financials.
PitchBook
PitchBook tends to fit when
Someone is paying for professional coverage — a fund, a banker, a later-stage process. Deeper, still not gospel. If you cite a number, know the as-of date.
Comps are not a valuation
A table of ‘similar’ raises is a conversation starter. It is not your 409A and it is not your priced round. We model your stack, your revenue, your cash — then look at comps as color, not as a formula.
Claim your record
Wrong round sizes on the public internet become the story. When you can, correct them. When you cannot, do not argue with a partner using a page you have not read.
Data vendors are not diligence
A lead will still want your room. Paid databases do not replace a trial balance. Keep the spend on research proportional to the raise, not to anxiety.
Frequently asked questions
Should I buy PitchBook as a seed founder?
Usually no. Crunchbase plus people you trust is enough until a process requires more.
Why don’t these sites match our last round?
Reporting lags, SAFEs that never hit a headline, and errors. Your cap table is the record. Act like it.
Can I use their comps in the deck?
If you label them and they are not doing the work of your numbers. A comps slide that hides a weak P&L still hides a weak P&L.