# Financial Data APIs Compared (2026)

> Compare APIs of Bloomberg, LSEG, FactSet, Capital IQ, PitchBook, Crunchbase, Harmonic, Multiples, Massive, FMP and Intrinio on cost, data coverage, and redistribution rights.

- Canonical: https://multiples.vc/compare/api
- Facts last verified: 2026-08-20
- Method: https://multiples.vc/compare/methodology (estimates labelled *; corrections: hi@multiples.vc)

## Key takeaways

- **Who buys a financial data API?:** Not just developers. The AI revolution enabled non-technical teams to build their own tools, and move from legacy "cookie-cutter" platforms to fully customized workflows. Investors, M&A firms and corporate development teams now seek API access to build their own toolsets: portfolio trackers, dealflow monitors, financial modelling dashboards.
- **What types of financial data API are there?:** Three segments: institutional public equity feeds (Bloomberg, LSEG, FactSet, Capital IQ, Multiples). Private markets APIs (PitchBook, Multiples, Crunchbase, CB Insights, Harmonic). Cheap, limited market data APIs (Massive, FMP, Intrinio, Alpha Vantage).
- **What does an institutional data API cost?:** Most quote per dataset, and per use case, but expect $40-100k+ for Bloomberg Data License, LSEG, FactSet or Capital IQ Xpressfeed. Across providers offering institutional grade data, consider Multiples - it licenses equity data from FactSet and Morningstar, at much more attractive pricing (from $1,499/mo).
- **What is an "institutional quality API" and why should I care about it?:** Underlying numbers at API providers like FactSet, Multiples, Morningstar, S&P or LSEG are licensed from investment banking research teams (think Goldman Sachs, JP Morgan, Morgan Stanley). These platforms guarantee the highest quality data and the broadest geo + sector coverage. Cheap API providers build their datasets from public filings and scraping, usually with no formal equity research behind them.
- **Quick verdicts:**
  - Public markets data with consensus estimates: Multiples or FactSet
  - Real-time public markets data: Bloomberg Data License
  - Private markets data, M&A/VC deals: Multiples or PitchBook
  - Cheap stock data, not institutional-grade: Alpha Vantage or Massive

## Institutional-grade public markets APIs

These are the highest quality, investment-grade stock data API vendors. Underlying financials and coverage sourced from investment banking equity research desks.

|  | Multiples | Bloomberg | LSEG | FactSet | Capital IQ |
| --- | --- | --- | --- | --- | --- |
| License cost | from $1,499/mo | $32k/yr; API quoted* | $25k-$100k+/yr* | $30k-$100k+/yr* | $30k-$100k+/yr* |
| Type | REST | SDK | REST · SOAP | REST | REST · bulk file |
| Geo coverage | Global | Global | Global | Global | Global |
| Consensus estimates | Yes (Licensed from FactSet) | Yes | Yes | Yes | Yes |
| Real-time prices | No | Yes | Yes | Yes | Yes |
| Metrics coverage | Basic fundamentals, estimates, prices, valuation ratios | Fundamentals, estimates, prices, news | Fundamentals, estimates, prices, news | Fundamentals, estimates, prices, news | Fundamentals, estimates, prices, news |
| Cross asset coverage | No | Yes | Yes | Yes | Yes |
| Pre-computed ratios | Yes | No | No | Partial | Partial |
| Time to first call | Minutes | Weeks+ | Weeks+ | Weeks+ | Weeks+ |

_* = reported figure, vendor does not publish pricing. Contracts vary with datasets, volume and redistribution rights. Prices are stated as they stand in August 2026._

## Low-cost public markets data APIs

Emerging financial data APIs, usually at lower price point, limited coverage (mostly US-only).

|  | Massive | FMP | Intrinio | Alpha Vantage |
| --- | --- | --- | --- | --- |
| License cost | From $29/mo | From $22/mo | From $150/mo | From $49.99/mo |
| Type | REST · WebSocket · flat files | REST · WebSocket | REST | REST |
| Geo coverage | US | US-centric | US-centric | US-centric |
| Public companies | Yes | Yes | Yes | Yes |
| Private companies | No | No | No | No |
| Cross asset coverage | Yes | No | Partial (Equities, options) | Yes (FX, crypto, commodities) |
| Consensus estimates | No | Partial (Not institutional-grade) | Partial (Not institutional-grade) | Partial (Not institutional-grade) |
| Metrics coverage | Prices, financials, ratios, corporate actions, news | Fundamentals, prices, basic ratios, transcripts | US fundamentals, options, basic ratios | Fundamentals, prices, FX, crypto, economic data |
| Pre-computed ratios | Yes | Partial (Basic ratios) | Partial (Basic ratios) | No |
| Real-time prices | Yes | Yes | Yes | Yes |
| Time to first call | Minutes | Minutes | Same day | Minutes |

## Private markets APIs

These companies deliver transaction data - M&A deals, funding rounds, private company profiles, investor activity, etc.

|  | Multiples | PitchBook | Crunchbase | CB Insights | Harmonic |
| --- | --- | --- | --- | --- | --- |
| License cost | from $1,499/mo | $70k+/yr* | $30k+/yr* | Quote only* | Quote only* |
| Type | REST | REST | REST | REST | REST · GraphQL |
| Geo coverage | Global | Global | Global | Global | Global |
| M&A data | Yes (165,000+ deals) | Yes | Partial (Limited coverage) | Partial | Partial |
| VC data | Yes (330,000+ rounds) | Yes | Yes | Partial | Yes |
| Deal multiples | Yes | Yes | No | Partial | No |
| People data | No | Yes | Partial (No contact data) | No | Yes |
| Time to first call | Minutes | Weeks+ | Days | Weeks+ | Days |

_* = reported figure, vendor does not publish pricing. Contracts vary with datasets, volume and redistribution rights. Prices are stated as they stand in August 2026._

## Financial data APIs at a glance

| Platform | Overview | Best for | Use cases | Skip if |
| --- | --- | --- | --- | --- |
| Multiples | Emerging financial data API provider, with investment-grade public coverage licensed from FactSet and Morningstar. Private markets API also available. Affordable pricing, starts at $1,499/mo. | Developers, M&A firms, VC/PE funds, companies | Custom internal data workflows, programmatic deal sourcing | You need real-time prices, FX, bonds, other asset classes |
| Bloomberg Terminal | Bloomberg’s terminal covers every asset class with live prices and news. The API included with a seat is licensed for that user’s desktop only. Server-side access needs Data License or B-PIPE, priced separately. | Enterprise clients (banks, investors, large software providers) | Trading systems, live pricing feeds, risk, reference data | You don't need real-time pricing, newsfeed, want to get up and running faster |
| LSEG Data & Analytics | Formerly Refinitiv, owned by the London Stock Exchange. Covers FX, fixed income and equities, with Reuters news and I/B/E/S consensus estimates. Each content set is licensed separately. | Enterprise clients (banks, investors, large software providers) | Market data plumbing, FX and bond analysis, news feeds | You only need equity data, valuation multiples |
| FactSet | A legacy research provider for public markets. Deepest consensus estimates of the major platforms and full analyst revision history. M&A data is a separate add-on. Licenses data to Multiples. | Enterprise clients (banks, investors, large software providers) | Portfolio analytics, quant research, deep equity analysis | You are budget conscious, don't need that level of depth |
| S&P Capital IQ Pro | Used the most in investment banking. Delivery either via API or bulk data feed. High quality analyst estimates data, on par with FactSet and Multiples. | Enterprise clients (banks, investors, large software providers) | Corporate finance workflows, equity research, deep equity analysis | You are budget conscious, don't need that level of depth |
| PitchBook | The most complete private markets API. It has deal data, fund returns, LP commitments, email contact data, etc. Delivery via programmatic API or a bulk data feed. Very expensive - reported from $70,000 a year. | Enterprise clients (banks, investors, large software providers) | Programmatic deal sourcing, fundraising research | You are budget conscious, don't need datasets beyond transactions |
| Crunchbase | A popular startup API. Returns data on funding rounds, amounts raised, investors and company profiles. No public comps data, no valuation multiples and other deal terms. The free tier was discontinued. Reported from $30,000 a year. | Sales and business development teams, startups, angel investors | Programmatic CRM management, tracking VC activity | You need public companies data, valuation data |
| CB Insights | A tech research platform. Data on company ownership, internal signals, plus sector research data. Reported at $40,000-$100,000 a year. | Corporate strategy teams, VCs, growth equity, governments | Programmatic insights on market trends, enrichment with proprietary/curated data | You need public companies data |
| Harmonic | A startup discovery tool built around its API. Tracks 30 million companies and 200 million people. Does not have public comps data. | VC and growth equity funds | Automated deal sourcing, spotting stealth startups | You need public companies data |
| Massive | Formerly Polygon.io, rebranded to Massive in October 2025. Live and historical data on US stocks, options, indices, FX, crypto and futures. No consensus estimates and no deal data. From $29 a month. | Budget conscious developers, individual investors, hobby builders | Internal dashboards, light financial products, non-commercial use cases | You need global coverage, consensus estimates, or deal data |
| Financial Modeling Prep | Full fundamentals coverage across primarily US stocks. Lacks institutional licensed data (compared to FactSet, Cap IQ or Multiples). From $22 a month, billed annually. | Budget conscious developers, individual investors, hobby builders | Internal dashboards, light financial products, non-commercial use cases | You need investment-grade estimates, deal data, global coverage |
| Intrinio | US fundamentals, share prices and options data, with redistribution terms. From $150 a month. | Budget conscious developers, individual investors, hobby builders | Internal dashboards, light financial products, non-commercial use cases | You need companies outside the US, deal data |
| Alpha Vantage | Full coverage across share prices, company accounts, EPS forecasts, currencies, crypto, commodities and economic indicators. Free for 25 calls a day, then from $49.99 a month. | Budget conscious developers, individual investors, hobby builders | Internal dashboards, light financial products, non-commercial use cases | You need investment-grade estimates, deal data, global coverage |

## Which financial data API should I choose?

| Platform | I need stock data and public comps | I need consensus estimates | I need M&A and VC data | I need tier-1 institutional quality | I need global coverage | I am budget-conscious |
| --- | --- | --- | --- | --- | --- | --- |
| Multiples | Yes | Yes | Yes | Yes | Yes | Partially ($1,499/mo - far below the institutional feeds, but above "cheap" developer APIs) |
| Bloomberg Terminal | Yes | Yes | Yes | Yes | Yes | No |
| LSEG Data & Analytics | Yes | Yes | Partially (Separate module) | Yes | Yes | No |
| FactSet | Yes | Yes | Partially (Separate module) | Yes | Yes | No |
| S&P Capital IQ Pro | Yes | Yes | Partially (Separate module) | Yes | Yes | No |
| PitchBook | Partially (Public company data is thinner than the institutional feeds) | Partially (Limited estimate coverage next to FactSet, Multiples, Capital IQ) | Yes | Yes | Yes | No |
| Crunchbase | No | No | Partially (Rounds and amounts only - no valuation data) | No | Yes | No |
| CB Insights | No | No | Yes | Yes | Yes | No |
| Harmonic | No | No | Yes | No | Yes | No |
| Massive | Partially (US data only) | No | No | No | No | Yes |
| Financial Modeling Prep | Yes | Partially (Limited coverage) | No | No | Partially (US-focused coverage) | Yes |
| Intrinio | Yes | Partially (Limited coverage) | No | No | Partially (US-focused coverage) | Yes |
| Alpha Vantage | Yes | Partially (Very limited) | No | No | Yes | Yes |

## FAQ

### What is the best financial data API?

Depends on your use case. For high quality public comps data, plus great M&A/VC coverage - Multiples. For real-time, cross-asset coverage, Bloomberg Data License. For deepest equity analytics, FactSet. For the most comprehensive private markets data, choose PitchBook.

### Is there a free financial data API?

Alpha Vantage allows for a free key with 25 requests per day, also Massive (formerly Polygon.io) and FMP both run free tiers. All three are limited to raw prices and statements. These platforms are not institutional quality though.

### How much does the Bloomberg API cost?

The Desktop API is included with a terminal seat, reported at $31,980 per year in 2026, but it is licensed for one user’s desktop and cannot be used server-side. Server-side access needs Data License or B-PIPE, quoted per dataset and use case.

### Which financial data APIs have high-quality consensus estimates?

FactSet (own estimates, with full revision history), LSEG (I/B/E/S), Bloomberg, S&P Capital IQ, and Multiples (which licenses data from FactSet directly). Emerging providers provide estimates from secondary, non-institutional sources and lack depth/analyst coverage.

### Can I get EV/EBITDA and EV/Revenue from an API?

Yes. Multiples delivers them pre-computed (across FY, LTM, NTM). The other platforms return mostly raw data.

### Is there an API for M&A and funding round data?

Yes. Multiples carries 165,000+ M&A deals and 330,000+ funding rounds. PitchBook has the broadest private markets coverage. Crunchbase and CB Insights feature round info and amounts, but often not valuations or deal terms.

### Which financial data APIs cover companies outside the US?

Bloomberg, LSEG, FactSet, Capital IQ and Multiples are all global. Massive, FMP and Intrinio are US-centric. Alpha Vantage features global tickers, but its fundamentals are strongest for US names.

### How long does it take to get access to a financial data API?

Self-serve APIs - Multiples, Massive, FMP, Intrinio and Alpha Vantage - issue a key in minutes. Bloomberg, LSEG, FactSet, Capital IQ and PitchBook run weeks to months, because scoping, use-case licensing and compliance review must be completed before the contract is signed.

### Which financial data API works with ChatGPT or Claude?

You can plug in Multiples data to AI assistants via an MCP server.

### Can I use a financial data API in Excel?

Yes. Most providers (Capital IQ, FactSet, Multiples and others) feature an Excel add-in built on the same data as the API. The low-cost APIs have no native add-ins, so you can connect through Power Query or a script.

### What is the cheapest, high-quality API for public valuation multiples?

Multiples at $1,499 per month. Cheaper APIs lack coverage depth, consensus estimates, or are not made for institutional purposes.

## Keep comparing

### Compare alternatives

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- [FactSet alternatives](https://multiples.vc/compare/factset-alternatives)
- [Capital IQ alternatives](https://multiples.vc/compare/capital-iq-alternatives)
- [CB Insights alternatives](https://multiples.vc/compare/cb-insights-alternatives)
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### Compare APIs

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- [FactSet API alternatives](https://multiples.vc/compare/factset-api-alternatives)
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- [FMP API alternatives](https://multiples.vc/compare/fmp-api-alternatives)
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### Compare pricing

- [All financial data providers pricing](https://multiples.vc/compare/pricing)
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- [Multiples pricing](https://multiples.vc/pricing)
- [Comparison methodology](https://multiples.vc/compare/methodology)