37A Research
vsPreqin
37A Research vs Preqin
Preqin is built for institutional LPs with large budgets. Their Form D coverage is partial and lags EDGAR by days or weeks. There's no free tier.
Side-by-side comparison
| Feature | 37A Research | Preqin |
|---|---|---|
| Price | $0 free / $29/month pro | $2,000–$20,000/year |
| Free tier | Yes — instant access | No |
| SEC Form D coverage | Every filing, daily | Partial |
| AI analysis per filing | Yes — structure, context, LP flags | No |
| Real-time EDGAR ingestion | Every business day | No |
| No demo or sales call required | Yes | No |
| Named manager profiles | Yes | Varies |
Which tool is right for you?
LP at a family office or endowment
If you're monitoring which managers are actively raising — and you don't have a $20,000/year data budget — 37A Research gives you the same Form D signal Preqin does, free. If you need IRR benchmarking or LP-to-fund relationship mapping, Preqin is worth the cost.
Placement agent tracking competitor raises
For monitoring who is in market, at what size, and in which strategy, 37A Research's daily digest is often faster than Preqin — we ingest EDGAR directly each business day. For building LP target lists from relationship data, Preqin is more useful.
Emerging manager pre-raise research
Understanding what comparable managers raised, when, and at what size is entirely available from Form D data. 37A Research covers this for free. You don't need Preqin for this use case.
What Preqin has that we don't
Preqin's real differentiators are fund performance data (IRRs, multiples, DPIs), LP relationship intelligence derived from pension fund disclosures, and 15+ years of historical fundraising data. These are genuinely proprietary — not derivable from EDGAR. If you need to benchmark fund returns or understand LP relationships at an institutional level, Preqin is the right tool.
What 37A Research does better
- Every SEC Form D filing — all strategies, every business day, from EDGAR directly
- AI-generated analysis per filing: fund structure signals, manager context, LP due diligence flags
- In-depth articles on notable raises ($100M+) from recognized managers
- Manager profiles tracking cumulative fundraising history across all filings
- Free tier with no demo, no sales call, and no credit card required
- Real-time ingestion — new filings appear the same day our pipeline runs
Try 37A Research free
No demo. No credit card. Instant access to every SEC Form D filing.
Get free access →
Frequently asked questions
What does Preqin cost?
Preqin typically costs $2,000–$20,000 per year depending on the modules and seat count. Enterprise licensing for institutional teams can be significantly higher. There is no public free tier.
Is there a free alternative to Preqin for Form D data?
Yes. All SEC Form D filings are public domain data from EDGAR. 37A Research makes this data free to access with AI-generated analysis, manager profiles, and daily updates — at no cost for the core tier.
What does Preqin have that 37A Research doesn't?
Preqin has fund performance data (IRRs, multiples), LP relationship intelligence, and a broader historical database going back 15+ years. These are not available from Form D filings and represent Preqin's genuine proprietary advantage.
How current is 37A Research's Form D data vs Preqin?
37A Research ingests directly from EDGAR every business day. New filings typically appear the same day they are processed. Preqin's Form D coverage tends to lag EDGAR by several days to weeks.
Also compare