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Investment Analytics · head to head

Clarity AI vs PitchBook

Clarity AI logo

Clarity AI

Investment Analytics

AI-driven sustainability, climate and SFDR data for investors and banks

From
On request
Free plan
No
Full reviewWebsite
PitchBook logo

PitchBook

Investment Analytics

Private capital market data on companies, deals, funds and investors

From
On request
Free plan
No
Full reviewWebsite

The short version

  • Each has a real cost: Clarity AI no prices are published for any module; the site routes every enquiry to Talk to an Expert, checked November 2026.; PitchBook no price is published anywhere on PitchBook's sites; the pricing page is a request form, so cost cannot be compared without a sales conversation.
  • They diverge on capability: Clarity AI covers Customisable ESG ratings, PitchBook covers Company, deal and investor profiles.
  • Prices and features above were last checked on 12 November 2026.

Where they differ

Only the attributes on which Clarity AI and PitchBook actually diverge.

Attributes where Clarity AI and PitchBook differ
AttributeClarity AIPitchBook
PlatformsWeb, APIWeb, iOS, Android, Chrome, API

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (Investment Analytics).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Clarity AI

  • Customisable ESG ratings
  • SFDR and EU regulatory reporting
  • Asset-level physical climate risk
  • Climate transition and carbon footprint
  • Source traceability
  • Fund and private company coverage
  • Retail banking carbon footprint
  • API, datafeeds and MCP connectors

Only in PitchBook

  • Company, deal and investor profiles
  • Screeners and search
  • Valuations and comps
  • Fund performance and benchmarks
  • PitchBook Credit, powered by LCD
  • Navigator
  • Excel plugin and Chrome extension
  • Direct Data: API, data feed and CRM

What people use each for

The jobs each tool is most often brought in to do.

Clarity AI

  • Producing SFDR PAI statements and Article 8 and 9 periodic disclosuresnot PitchBook
  • Testing whether holdings qualify as sustainable investments under a firm's own SFDR methodologynot PitchBook
  • Assessing physical climate risk across a portfolio or loan book at asset levelnot PitchBook
  • Matching client sustainability preferences to products under MiFID IInot PitchBook
  • Checking fund names against ESMA naming guidelinesnot PitchBook
  • Showing retail banking customers the carbon footprint of their card spendingnot PitchBook

PitchBook

  • Sourcing private companies and building target or buyer lists for M&Anot Clarity AI
  • Pricing a deal against comparable transactions and valuation multiplesnot Clarity AI
  • LP due diligence and manager selection using fund returns and benchmarksnot Clarity AI
  • Tracking VC and PE activity, fundraising and exits by sector or regionnot Clarity AI
  • Enriching CRM records with company, investor and deal datanot Clarity AI
  • Following leveraged loan and private credit markets through LCD news and datanot Clarity AI

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Clarity AI

  • No prices are published for any module; the site routes every enquiry to Talk to an Expert, checked November 2026.
  • The Glass Lewis merger closed in September 2026 with branding and product integration still to be settled, so buyers are signing up to a roadmap that will change; the company says existing products stay supported during a phased integration.
  • Coverage figures differ between pages: the homepage cites around 98,000 issuers, the ESG ratings page 60,000+ companies and the SFDR PAI page 65,000+, so the coverage for a given dataset needs confirming rather than assuming.
  • Heavy use of AI estimation fills gaps that analyst-led providers leave empty, but an estimated figure is still not a reported one, and users should check confidence levels before relying on it in regulatory disclosures.
  • The physical risk web app with an interactive hazard map was only scheduled for July 2026; before then the asset-level physical risk product was datafeed only.
  • Glass Lewis is majority owned by Peloton Capital Management and Stephen Smith and also issues proxy voting recommendations, so ratings and stewardship advice now sit in one group; the company publishes conflict-of-interest controls, but it is a structural change from an independent data vendor.

PitchBook

  • No price is published anywhere on PitchBook's sites; the pricing page is a request form, so cost cannot be compared without a sales conversation.
  • Programmatic access is a separate Direct Data product (API or data feed) rather than part of the platform licence, so the all-inclusive description applies to the desktop product, not to feeding the data into internal systems.
  • Coverage figures differ between PitchBook's own pages, with company counts ranging from about 6 million to 12.3 million depending on the page, which makes it hard to tell what a given licence actually covers.
  • Navigator launched covering companies, transactions and market themes only; PitchBook says the full scope of its data will be added over time, so AI answers do not yet reach every dataset.
  • It is a research and data product, not a trading or portfolio system: there is no order management, real-time market data desk or risk engine of the kind found in a terminal or in Aladdin.
  • Private company financials depend on what companies disclose or PitchBook can collect, and the platform does not publish what share of profiles carry verified financials.

Pricing, plan by plan

Clarity AI

On request
  • Enterprise$undefined/mo
    • Priced by quotation through Talk to an Expert or the contact form
    • Licensed by module: climate, ESG risk, regulation, impact and retail banking
    • Delivered via web app, API, datafeed, MCP or partner platforms

PitchBook

On request
  • PitchBook Platform$undefined/mo
    • No prices published; pricing is given on request
    • Described by PitchBook as all-inclusive: data, research and tools under one subscription
    • Free trial available on request
  • Direct Data$undefined/mo
    • Priced separately by quotation
    • API (selected à la carte) or predefined data feed
    • CRM integration

Which should you pick?

Choose Clarity AI if

  • You need customisable esg ratings.
  • You work on Web, API.
  • You also want sfdr and eu regulatory reporting.
Clarity AI review

Choose PitchBook if

  • You need company, deal and investor profiles.
  • You work on Web, iOS, Android, Chrome, API.
  • You also want screeners and search.
PitchBook review

Questions people ask

Is Clarity AI or PitchBook better?
Neither clearly leads. Clarity AI starts at On request and PitchBook at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Clarity AI or PitchBook?
Clarity AI starts at On request and PitchBook at On request.
Does Clarity AI or PitchBook run on more platforms?
Clarity AI runs on Web, API. PitchBook runs on Web, iOS, Android, Chrome, API.
What is Clarity AI best used for?
Clarity AI is most often used for producing sfdr pai statements and article 8 and 9 periodic disclosures, testing whether holdings qualify as sustainable investments under a firm's own sfdr methodology, assessing physical climate risk across a portfolio or loan book at asset level, matching client sustainability preferences to products under mifid ii. Of those, producing sfdr pai statements and article 8 and 9 periodic disclosures and testing whether holdings qualify as sustainable investments under a firm's own sfdr methodology are not what PitchBook is typically brought in for.
What can Clarity AI do that PitchBook cannot?
Clarity AI covers Customisable ESG ratings, SFDR and EU regulatory reporting, Asset-level physical climate risk, Climate transition and carbon footprint. PitchBook covers Company, deal and investor profiles, Screeners and search, Valuations and comps, Fund performance and benchmarks.

Answered from the vendors’ own pages

Clarity AI: What does Clarity AI cover?

Sustainability and other extra-financial data for companies, funds and governments. The company cites coverage of around 98,000 issuers, 2.3 million private companies, more than 450,000 funds and 400-plus sovereigns, across climate, ESG risk, EU regulation and impact.

Source
PitchBook: How much does PitchBook cost?

PitchBook does not publish prices. Its pricing page asks prospects to request pricing or a free trial, and describes the subscription as all-inclusive, covering its data, research and tools rather than charging separately for database access.

Source
Clarity AI: How are Clarity AI ESG ratings built?

They are rules-based and use SASB materiality, drawing on more than 100 data sources with AI estimation and validation. Users can build custom profiles that choose topics, set weights and decide how missing data is handled, and trace each figure to its source.

Source
PitchBook: Who owns PitchBook?

Morningstar, Inc. Morningstar had held a minority stake since 2009 and completed its acquisition of the whole company on 1 December 2016. PitchBook continues to operate under its own brand as a Morningstar subsidiary.

Source
Clarity AI: Does Clarity AI help with SFDR reporting?

Yes. It calculates PAI indicators at entity and product level with portfolio look-through and produces pre-filled SFDR Annex I entity reports, Annexes II to V product disclosures for Article 8 and 9 funds, and the European ESG Template for distributors.

Source
PitchBook: Does PitchBook have an API?

Yes, as part of Direct Data. The API returns specific data on demand and has a sandbox for testing calls; the alternative is a scheduled data feed with hundreds of data points per entity. A CRM integration under the same heading sends PitchBook data directly into the CRM.

Source
Clarity AI: What happened between Clarity AI and Glass Lewis?

The two companies combined in a transaction that closed on 21 September 2026 and was announced on 24 September. Terms were not disclosed. Existing products remain supported and will be integrated in phases, with Madrid named as the centre of excellence for sustainability, data and AI.

Source
PitchBook: What is PitchBook Navigator?

A generative AI feature inside the PitchBook Platform, announced on 10 November 2025, that answers natural-language questions on companies, deals and market trends with references to the source data. At launch it covered companies, transactions and market themes, with the rest of PitchBook's data to follow.

Source
Clarity AI: How is Clarity AI data delivered?

Through a web app, APIs, datafeeds, standalone apps and MCP connectors for AI agents. It is also available inside platforms such as Aladdin, eFront, Clearstream and Allfunds.

Source
PitchBook: Does PitchBook cover private credit and leveraged loans?

Yes. Morningstar bought Leveraged Commentary & Data from S&P Global in 2022, and PitchBook integrated LCD research in May 2023 and LCD credit news and debt deal data in August 2023. It is sold as PitchBook Credit.

Source
Clarity AI: Is Clarity AI regulated under the EU ESG Ratings Regulation?

Clarity AI Europe S.L. has applied to ESMA for authorisation of its ESG ratings products under Regulation (EU) 2024/3005, which has applied since 2 July 2026. The disclosures page states that over 98% of ESG rating revenue comes from investor-paid subscriptions.

Source
PitchBook: Can PitchBook data be used in Excel?

Yes. The Excel plugin brings PitchBook data into spreadsheets to create and update financial models, and platform results can also be downloaded to Excel, PDF, PNG and PowerPoint.

Source
Clarity AI: What does Clarity AI cost?

Prices are not published. The site directs buyers to Talk to an Expert or the contact form for a quote.

Source
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