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Pitchbook

PitchBook is a financial data and research firm providing information, valuations, and analysis on venture capital, private equity, and M&A markets.

Known aliases

  • Pitchbook

Relationships

No evidence-backed relationships are recorded.

Current stories

product3 publishers

Modulate raises $25 million to sell voice-agent builders a separate audio-analysis layer

Modulate raised $25 million to put models that analyze raw call audio, not transcripts, in front of more developers. Its pitch to teams running voice agents is a separate layer that spots cloned voices and grades how agents handle callers.

Perspective Coverage

3 publishers
Builder
Builder 40%
Operator
Operator 33%
Investor
Investor 27%

Reality

Evidence58
Adoption45
Hype gap+20
Incentives65
Confidence60
product3 publishers

OpenAI builds eleven licensed data providers into its finance ChatGPT

OpenAI's financial-services ChatGPT arrives with market data licensed from the vendors banks already pay, and without a published price the buy-or-keep comparison cannot be run. Its own benchmark still misses about three answers in ten.

Perspective Coverage

3 publishers
Builder
Builder 32%
Operator
Operator 40%
Investor
Investor 28%

Reality

Evidence55
Adoption
Insufficient
Hype gap+35
Incentives65
Confidence60
invest8 publishers

Investors open talks that value OpenAI 20% above the IPO it postponed

The Financial Times says the suggestion came from investors: $1.2 trillion, 41% above the round OpenAI closed in March and 1,200 times the annualized advertising revenue it disclosed last month. The talks are early.

Perspective Coverage

8 publishers
Builder
Builder 9%
Operator
Operator 18%
Investor
Investor 73%

Reality

Evidence50
Adoption55
Hype gap+30
Incentives65
Confidence55
invest1 publisher

Dilution alone cuts a 0.25% startup grant to 0.153% by Series C

Of Dollars And Data walks a quarter-point grant through vesting, dilution, preferences and exercise costs. Vesting ends years before a typical exit, and most of the markdown comes from events beyond the employee's control.

Publishers:ofdollarsanddata.com

Reality

Evidence58
Adoption
Insufficient
Hype gap+15
Incentives22
Confidence62

Earlier coverage

  1. Anthropic's IPO asks public markets to double a $965bn private mark

    Invest · September 10, 2026 · 1 publisher

  2. A $3B venture fund now needs four of the 81 companies worth $25B

    Invest · September 9, 2026 · 1 publisher

  3. PE is sitting on $860bn it should already have sold, and LPs pay for the delay

    Invest · August 26, 2026 · 1 publisher

  4. Google's bank agent can read FactSet. The licence, not the model, decides how much.

    Invest · August 26, 2026 · 1 publisher

  5. PE's $860bn zombie shelf sits in funds past seven years, and the GP still holds the clock

    Invest · August 25, 2026 · 1 publisher

  6. General Intuition's reported $6B ask reprices physical AI in weeks, not quarters

    Invest · August 24, 2026 · 1 publisher

  7. Instinct's terms of service grant a perpetual license and the power to bind users to deals

    Product · August 24, 2026 · 1 publisher

  8. New York Passes the Bay Area on Tech Headcount and Stays Fourth in the Ranking

    Product · August 21, 2026 · 2 publishers

  9. Greg Brockman, not Sam Altman, is the one running OpenAI day to day

    Product · August 20, 2026 · 1 publisher

  10. European defence money went late-stage: $4.7B of a record $8.7B in 2025

    Invest · August 17, 2026 · 1 publisher

  11. Physician practice roll-ups have collapsed to 105 deals, and state review laws are the suspect

    Science · August 16, 2026 · 1 publisher

  12. Canva's $7.1bn markdown is an inference bill, not a mood swing

    Product · August 14, 2026 · 1 publisher