PitchBook moves Seattle HQ to bigger, brighter downtown location
September 14, 2015
We got so big, we had to move!
I'm proud to announce today that PitchBook has moved its Seattle headquarters from our longtime home on the waterfront to a new space in the 901 5th Avenue building. Our new downtown office is bigger, brighter and located in the heart of our city's growing Central Business District. It's hard to believe that when we moved into our previous building on Pier 56 in 2010, we had 45 employees and annual revenue of $600,000. We now employ over 400 research analysts, salespeople, customer success managers, product managers, marketers and more worldwide—and have a run rate of over $30 million. Since we don’t plan on slowing down anytime soon, we’ve already started making room for expansion to another floor of our new building. Here are some quick facts about our new space and the growth of the PitchBook Platform, our award-winning software that covers global M&A, PE and VC activity:
Our new HQ spans 35,000 square feet—more than twice of the size of our previous space on Pier 56
We’ve added over 200 employees since the start of 2014 across locations in Seattle, New York and London
PitchBook has surpassed 1,300 customers (and over 5,000 users) across 37 countries, including firms like Silver Lake, Kleiner Perkins Caufield & Byers, Credit Suisse and Dell
PitchBook has recorded a CAGR of 118.67% over the last five years
PitchBook has been completely self-funded through our sales revenue following a September 2009 investment
PitchBook was recently recognized as one of Inc. 5000’s fastest-growing private companies
So what's next? In the coming months, we’ll be scouting for office space in San Francisco. In 2016, we’re planning to continue our international growth, particularly in Asia. I’d like to extend extra thanks to Kinzer Real Estate for helping us find a space where we can continue to grow, innovate and meet our customers' needs. Thanks also to JPC Architects for designing an office space that fits our fun, ambitious and collaborative company culture.
Finally, none of this growth would be possible without our amazing clients. We’re honored to help investment professionals, limited partners, investment banks, law and accounting firms, advisories, consulting firms, commercial real estate groups, startups and other players in the M&A, PE and VC markets find the data and insight they need to inform their decisions. It’s your continued feedback and requests for new data and features that keeps the PitchBook Platform growing. Here’s to more years of amazing growth!