Preqin

What Preqin does

Preqin is a private markets data and intelligence platform that aggregates, validates, and distributes structured information on alternative asset classes including private equity, venture capital, hedge funds, private credit, real estate, infrastructure, secondaries, and natural resources. The company was founded in London in 2003 by Mark O'Hare and bootstrapped for over two decades before being acquired by BlackRock for $3.2 billion (£2.55 billion) in March 2025, becoming a wholly-owned subsidiary integrated into BlackRock's Aladdin technology platform. Preqin's core product, Preqin Pro, provides access to a proprietary database covering 48,000 firms, 135,000+ funds, and 20,000+ investors, supported by 500+ multilingual researchers who maintain direct relationships with industry professionals. Complementary products include Preqin Benchmarks (industry-standard performance indices), Term Intelligence (LPA terms benchmarking), Transaction Intelligence ($5.4 trillion transaction repository), Insights+ (premium research subscription), Preqin Sustainability (ESG data), and Company Intelligence (deal and company data).

The platform is built on a hybrid architecture combining human-curated primary research with AI/ML-assisted data collection and validation. Data is delivered through Preqin Pro (web platform), Enterprise Data Solutions (API and data feeds with OAuth 2.0), and pre-built integrations with channel partners including Dealcloud, Juniper Square, Backstop, Rimes, and Dynamo Software. Preqin also distributes data into AI-research platforms (Hebbia, Rogo, Finster AI) and has expanded its LSEG partnership for inclusion in LSEG's private markets intelligence offering. The technology stack spans structured data, text processing, and multimodal data modalities.

Preqin operates a high-quality B2B subscription business model, generating approximately 99% of revenue from recurring annual subscriptions with quote-based enterprise pricing. Estimated 2024 revenue was approximately $240 million, with the company achieving 34x revenue growth over 14 years (from $8 million to $235 million) prior to acquisition. The go-to-market motion is enterprise field sales targeting fund managers, institutional investors (LPs), investment consultants, banks, placement agents, fund administrators, and advisory firms across global markets. The customer base spans 67,000+ firms and 200,000+ professionals worldwide, with operations in Europe, USA, India, Philippines, and Singapore, and dedicated Asian operations leadership.

Name

Preqin

Legal name

Preqin Ltd

Website

https://preqin.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Preqin is a private markets data and intelligence platform serving 200,000+ alternative assets professionals globally. Founded in 2003 and now a BlackRock subsidiary, it provides subscription-based access to comprehensive private equity, venture capital, hedge fund, and private credit datasets.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Subscription Data Services: Preqin generates the vast majority of revenue (~99%) from recurring subscription fees for access to its data platform and analytics tools. The subscription model provides predictable, recurring revenue with high retention rates. Revenue was approximately $235-240 million in 2024 with strong growth trajectory.
2. Enterprise Data Licensing: Licensing of Preqin data to third-party platforms, data providers, and enterprise clients for integration into external systems and workflows.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Preqin provides a private markets data and analytics platform serving alternative asset professionals globally. Its flagship Preqin Pro platform delivers comprehensive datasets and analytics tools covering private equity, venture capital, hedge funds, real estate, infrastructure, private credit, secondaries, and natural resources, supported by AI/ML-augmented research from 500+ multilingual researchers. Revenue is generated primarily (~99%) through recurring annual subscriptions to the platform and complementary products including Preqin Benchmarks, Term Intelligence, Company Intelligence, Transaction Intelligence, Insights+ research, and Enterprise Data Solutions (API/data feeds).

Product overview

Preqin operates as a private markets data and intelligence platform offering a unified portfolio of products centered on Preqin Pro, its core alternative assets data platform. The platform provides comprehensive coverage across private equity, venture capital, private credit, hedge funds, real estate, infrastructure, secondaries, and natural resources. Additional products include Private Markets Research (Insights+) for exclusive research content, Term Intelligence for LPA benchmarking, Preqin Benchmarks for performance data, and Enterprise Data Solutions for API and data feed delivery. The product ecosystem also includes Preqin Sustainability for ESG data, Company Intelligence for deals/companies data, and Transaction Intelligence for deal flow analysis. Supporting offerings include Preqin Academy for education, Preqin Profiles for entity information, Preqin Awards and League Tables for industry recognition. Since March 2025, Preqin has been a subsidiary of BlackRock, with its data integrated into BlackRock's Aladdin and eFront platforms for institutional investors.

Differentiator

Problem solved

Functional benefit

Brands

• Preqin Pro: Alternative assets data platform providing comprehensive private capital and hedge fund datasets and analytics tools
• Preqin Insights+
• Term Intelligence
• Preqin Benchmarks
• Preqin Sustainability
• Company Intelligence
• Enterprise Data Solutions
• Transaction Intelligence

Products and services

• Preqin Pro

Quantifiable outcome

• In 2019, fund manager subscribers raised nearly twice as much capital as non-subscribers
• +1 more outcomes

Named customers3 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability8 records

Feature7 records

Partnerships

Five partnerships are on record, tiered core and minor.

• RogocoreTechnology or Integration · 23 March 2026Rogo partnered with Preqin to integrate private market data into Rogo's AI platform for finance professionals, enhancing access to private market insights and improving transparency and decision-making.
• SuperReturnminorGTM or Marketing Partner · 5 March 2026SuperReturn, an event series for private capital professionals, launched InvestorInsights in partnership with Preqin to provide market intelligence for sponsors at their events, offering detailed insights on investors, strategies, and assets.
• HebbiacoreTechnology or Integration · 19 January 2026Hebbia integrated Preqin's private markets data into its AI-powered research and workflow platform, enabling investment professionals to query fund performance, manager track records, and capital flow data within existing research workflows. The integration addresses fragmented private market information challenges.
• LSEG (London Stock Exchange Group)coreTechnology or Integration · 29 October 2025LSEG expanded its partnership with BlackRock to integrate Preqin data into its private markets intelligence offering, enhancing data depth for investors alongside renewed integrations with BlackRock's Aladdin platform and FTSE Russell benchmarks.
• Juniper SquarecoreTechnology or Integration · 28 October 2025Juniper Square integrated Preqin data into its AI CRM for Investor Relations, enabling general partners to access enriched LP data directly within the platform for targeted capital raising. The partnership supports over 2,000 GPs managing over $1 trillion in LP capital.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Crunchbase: Crunchbase offers private company, funding, and investor data with strong coverage in venture capital and startups, overlapping with Preqin's VC and early-stage coverage. It targets a broader, more SMB-leaning audience at lower price points than Preqin.
• Juniper Square: Juniper Square is a fund-administration and investor-relations platform for GPs with deep LP-data capabilities; it integrates with Preqin but also competes for the GP-side workflow that Preqin serves. Over 2,000 GPs managing $1T+ LP capital use its platform, overlapping with Preqin's GP customer base.
• Dealroom.co: Dealroom provides private markets and startup intelligence, particularly strong in Europe, with comparable coverage of investors, funds, and deals. It serves a similar LP/GP/corporate audience at competitive price points and competes directly with Preqin's Company and Transaction Intelligence.

Broad incumbents

• Bloomberg Terminal: Bloomberg is the dominant financial data terminal used by institutional investors and includes growing private-markets coverage through Bloomberg Intelligence and partnerships. While not a pure-play private-markets data provider, it competes for the same enterprise wallet share and increasingly for alternative-asset workflows.
• S&P Capital IQ Pro: S&P Capital IQ Pro is a broad financial-data platform with growing private-markets coverage, offering public-company and private-company intelligence to enterprise finance professionals. It bundles private-markets data into a wider data terminal, competing with Preqin Pro on enterprise deals.
• Refinitiv (LSEG): Refinitiv, owned by LSEG, provides broad financial-market data and analytics infrastructure and has an explicit partnership with Preqin to integrate Preqin's private-markets feeds into its offering. It competes at the data-infrastructure level and is both a partner and partial competitor.
• Mergermarket (Acuris): Mergermarket, part of Acuris (now Delinian), provides M&A intelligence and deal data, overlapping with Preqin's Transaction Intelligence and serving similar corporate development and advisory customers with comparable subscription products.

Others

• Bain & Company (Private Equity Reports): Bain & Company produces the widely cited Global Private Equity Report and adjacent alternatives research, overlapping with Preqin's Insights+ subscription research products in market intelligence and benchmarking content for institutional investors and the broader alternatives industry.

Direct peers

• CB Insights: CB Insights provides market intelligence on private companies, deals, and emerging technology markets, overlapping with Preqin's Company Intelligence and Transaction Intelligence offerings. Both sell subscription-based intelligence to enterprise strategy, corporate development, and investment teams.
• PitchBook (Morningstar): PitchBook is Preqin's closest direct competitor, offering private equity, venture capital, and M&A data and intelligence to institutional investors, GPs, and corporate development teams. The two are consistently cited as the top alternatives in private-markets data, with overlapping product, customer base, and go-to-market.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Preqin
• YouTubeyoutube.com/channel/UCOSSwdWLWEDF-_audb5S_fw
• Facebookfacebook.com/people/Preqin/100063552974258
• LinkedInlinkedin.com/company/preqin
• Instagraminstagram.com/preqin

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Preqin