S&P's private-markets data now runs through With Intelligence

The record

S&P Global Market Intelligence maintains a private-capital and venture data offering distinct from the desk's more frequently cited providers, delivered through its S&P Capital IQ Pro platform. As archived on 31 August 2026, the product's private-markets page states that With Intelligence data is "now available in S&P Capital IQ Pro," bringing that firm's coverage of investors, fund managers and funds across private equity, private credit and real assets into the platform, alongside S&P Global's own data on "60M+ private companies worldwide."

What the sources establish

A separate "Private Equity and Venture Capital" solutions page, archived from Market Intelligence's industry section, bundles private equity and venture capital together as one persona-level offering built on S&P Capital IQ Pro and the separate iLEVEL portfolio-monitoring software, aimed at both general partners and limited partners. Neither page describes venture capital as a dataset with its own separately stated collection methodology; venture-specific figures sit inside a broader private-capital and private-company data layer rather than a dedicated venture series with its own disclosed rules.

Scope and revision

That structure matters for comparability. Where a dedicated venture-data provider states how it defines a venture round or a portfolio company's stage, S&P's own pages describe integrated workflow tools -- fundraising, due diligence, benchmarking, portfolio monitoring -- built on top of licensed and proprietary data, without publishing the kind of stage or round-type definitions a data-focused provider typically discloses. A reader cannot tell from these two pages alone whether a venture-capital figure surfaced in S&P Capital IQ Pro originates from With Intelligence's own collection, from S&P's private-company database, or from a blend of the two, because the pages describe the platform's capabilities rather than one named methodology.

The decision in front of you

Editorially: treat an S&P Capital IQ Pro venture-capital figure as coming from an integrated data layer rather than a single-methodology venture series, and ask which underlying source -- With Intelligence, S&P's own private-company data, or both -- a specific number traces back to before citing it as comparable to a dedicated venture provider's total.

• Does this figure originate from With Intelligence's coverage, from S&P's own private-company data, or from a combination the platform does not separately disclose?
• Is a venture-specific definition, such as round type, stage or post-money threshold, stated anywhere for this figure, or only a general private-markets description?
• Would this figure be double-counted or omitted if compared directly against a dedicated venture-data provider's own series for the same period?

S&P Global Market Intelligence's entry into venture data looks less like a standalone venture desk and more like a private-markets layer stitched from an acquired research firm and the company's own private-company records -- a structure worth naming before any single figure from it is treated as a venture-specific benchmark.