VC and M&A in private market intelligence
Dealroom maps 419 companies in private market intelligence: companies that sell data and research on private companies, funds and deals, and the software investors use to run those deals. Since 2015, 91 of them were acquired, merged or bought out, and together they raised $13.0B of venture capital. Two more maps cover the financial data companies around them and adjacent data businesses such as sales intelligence and alternative data.
The four maps
Market intelligence and deal execution make up private market intelligence. The other two maps show the financial data incumbents and the adjacent data businesses around it.
M&A
Acquisitions peaked at 17 in 2025
Acquisitions, mergers and buyouts of market intelligence and deal execution companies. 2026 is to date.
Source: Dealroom.co
Largest acquisitions and buyouts since 2015
Deals with a disclosed value.
Source: Dealroom.co
Datasite bought 7 companies on the maps since 2023
Buyers with two or more deals since 2015.
Source: Dealroom.co
Buyers paid a median of 7.6 times revenue
Acquisitions and buyouts of market intelligence and deal execution companies since 2015 where the price and revenue are known. Bubble size shows the price.
Source: Dealroom.co. Price is enterprise value: the price of the shares plus the company’s debt, minus its cash. Revenue at the time of the deal.
Who bought market intelligence and deal execution companies
Acquisitions since 2015, by where the buyer sits.
Source: Dealroom.co
Venture capital
VC investment peaked at $5.4B in 2021
Market intelligence and deal execution companies. 2026 is to date.
Source: Dealroom.co
Capital Formation & LP Access companies raised the most since 2022
Source: Dealroom.co
Most active VC investors since 2022
By number of market intelligence and deal execution companies they backed.
Source: Dealroom.co
Largest VC rounds since 2024
Lead investors shown where recorded.
Source: Dealroom.co
The incumbents and adjacent markets
The same figures for all four maps, each company counted once.
VC and acquisitions by map since 2015
Source: Dealroom.co
Latest deals
VC rounds and acquisitions in the last 12 months
Market intelligence and deal execution companies.
Source: Dealroom.co
What this means
There were more acquisitions in private market intelligence in 2025 and 2026 so far than in any earlier year since 2015. The buyers are data companies such as Datasite and Morningstar, exchanges such as Nasdaq and Deutsche Börse, and private equity firms such as Permira and Thoma Bravo. Most venture money has gone into software for running deals and funds. The data companies raised less, but investment in them is higher this year than in any year since 2015, led by AlphaSense, 9fin, Rogo and Chronograph.
Explore these companies in DealroomCompanies on Dealroom’s four private market intelligence maps, each counted once, on the first map it appears on. VC, M&A and rankings cover the Market Intelligence and Deal Execution maps. The startup-banking segment is left out. VC rounds and deals since 2015.