PitchBook Direct Data is priced separately from the platform license — by data volume, refresh frequency, and technical specifications — via application programming interface (API) or scheduled data feed. It's a small but growing extension of the platform that doesn't require a platform license to access. In practice, many PitchBook Direct Data clients also hold platform licenses, since PitchBook's proprietary intellectual property (IP) — VC Exit Predictor, Manager Scores, Valuation Estimates — is only available on the platform.