Tegus pricing in 2026: a $30,000 median contract, now sold through AlphaSense

By Jan Suski. I go deep on every review, checking every number against its source and digging up details other coverage misses, a habit from six years of SEO and link building for tech companies. Bylines at Surfer, Brand24, and Senuto. How the scoring works.

Published 6 October 2026Prefer this source on Google

Tegus pricing runs around a $30,000 median annual contract, the midpoint of the Tegus purchases tracked by Vendr, with the cheapest at $13,000 and the dearest at $65,200. Expert calls bill on top. Each one runs at the expert's own rate, which AlphaSense puts at about $450 an hour on average, plus a flat $75 transcription fee.

Tegus here means the expert-call transcript library and expert network that AlphaSense bought for $930 million in 2024. Every figure below prices that product, and every source was checked on 6 October 2026.

This page is for analysts at hedge funds, private equity firms and corporate strategy teams pricing a transcript seat or a block of calls, and for procurement leads holding an AlphaSense quote with Tegus content inside it. The AlphaSense review covers the platform Tegus now lives in. The AlphaSense pricing report splits that platform's seats and tiers.

The signed quote is the final price. Tegus's terms make payment obligations non-cancelable and fees nonrefundable for the whole subscription term.

How much Tegus costs in 2026

Tegus doesn't publicly list a subscription price, and each contract is negotiated case by case. Its legacy pricing page says "Pricing varies based on user count" and closes on an offer to build "a custom proposal." The parent company answers the same question on its own pricing page with "annual subscriptions for all team sizes, ranging from enterprise packages to per-seat options," then a contact form.

That leaves procurement data as the only Tegus contract figures with a sample behind them. Vendr's tracked Tegus purchases run from $13,000 to $65,200 around the $30,000 median, a 5-to-1 spread. Two levers move a quote along that line: how many people get a login, and which Tegus products the login opens.

Even the cheapest tracked deal is worth more than 24 average one-hour calls.

What Tegus sells now that AlphaSense owns it

AlphaSense agreed to buy Tegus for $930 million on 11 June 2024, alongside a $650 million raise at a $4 billion valuation, and the deal closed on 8 July 2024. At signing, Tegus brought 100,000+ expert call transcripts, financial data on 4,000+ public companies and research coverage of 35,000+ companies.

Tegus.com is now a signpost. Its home page leads with "Tegus is now part of AlphaSense," and its Free Trial button opens an AlphaSense trial request form. The same page counts 300,000+ Tegus transcripts, 4K+ Canalyst financial models, 500M+ documents and 1,500 broker partners in the combined product.

Packaging follows the ownership. AlphaSense's pricing page lists the Expert Transcript Library as included content in both of its plans, Market Intelligence and Enterprise Intelligence, and sells expert calls and Canalyst financial models as add-ons. A Tegus quote in 2026 comes from AlphaSense's sales team.

Tegus transcript library

The library counted 300,000+ transcripts in an AlphaSense help center article dated 15 September 2026, across 32,000+ public and private companies. AlphaSense says more than 50% of Midas List VCs use it. The legacy pricing page on marketing.tegus.com still cites 55,000-plus interviews, a count the library had passed well before the 2024 deal.

Clients feed the library. Tegus's terms of use say transcripts of a client's own calls can go into the repository "for viewing by other clients," with the client's name removed. One clause tends to fly under the radar: the same terms bar using any Tegus content with a third-party AI tool, LLM or API.

At the median, a year of access works out to $0.10 per transcript in the library, $30,000 spread across 300,000 documents.

Tegus expert call services

Calls are the one Tegus product with a published formula: the expert's rate plus "a flat $75 transcription fee," billed on minutes used and rounded up to the nearest 15. Clients book 30, 45 or 60-minute slots, pay as they go or buy prepaid packages that never expire, and sign no minimum commitment.

Three add-ons carry their own quotes. Pay-to-delay buys a longer embargo before a transcript reaches other clients, a concierge runs the call on your behalf, and translation comes live or after the call. Compliance is bundled into the call price: AlphaSense lists pre- and post-call checks, transcript reviews and standardized embargo periods.

AlphaSense's AI-led call FAQ, dated 7 April 2026, prices calls run by its AI interviewer the same way, at the hourly expert rate plus $75.

Canalyst models and BamSEC filings

Tegus ran two more products before the sale. Canalyst financial models now ship as an AlphaSense add-on with industry-specific KPIs, non-GAAP metrics and Excel tooling. BamSEC, the SEC filings tool covered by the same Tegus terms, kept a public price: BamSEC Pro lists at $69 a month billed annually, $828 a year.

The legacy page says Transcripts, Models and Filings "require separate seats," bought à la carte or mixed and matched. An analyst who wants transcripts and models holds two seat types.

What a Tegus expert call costs

An hour with an average Tegus expert runs $525, the ~$450 rate plus the $75 fee. Shorter slots cut only the expert's share, so the fee weighs more as the call gets shorter: a 30-minute call comes to about $300 and a 45-minute call about $412.50.

Inex One publishes $1,050 for 60 minutes and $840 for 30. A half-hour Tegus call runs about a third of Inex One's $840. AlphaSense puts the average saving against traditional networks at 70%, and against Inex One's one-hour price the saving is 50%.

The economics came straight from the horse's mouth when an engineering leader at Tegus spoke anonymously to Sacra for a piece published 25 August 2025:

"Our cost was more like $300 or $400 a call as opposed to $1,000 a call as a normal market price."

Unnamed Tegus engineering leader, Sacra interview, 25 August 2025

The expert keeps the lion's share. At the $450 average rate, 86% of a $525 call reaches the person on the line, and the Tegus expert page says experts set their own rates and get paid within 15 business days. The expert network cost breakdown sets the Tegus formula against other networks' published rates.

What drives a Tegus quote

Every Tegus contract rests on an annual subscription to the transcript library, charged in advance, and seats set its size. The terms count an Order Form's quantity as Active Users, ban password sharing, and let a client swap a departing user for a new one on written request. A team that outgrows its seats gets 30 days' notice, then an invoice for the excess at the Order Form rate.

Each product needs its own seat type, which makes the product mix the second driver. Calls form the third: the subscription buys library access, and every call bills separately at the expert's rate plus $75, a drop in the bucket at 0.25% of the median subscription. The legacy pricing page adds that prepaid call packages earn bonus dollars toward later calls.

Term length sets the last lever. The terms renew a subscription automatically for the expiring term or one year, whichever is shorter, so a multi-year price exists only where the Order Form writes it down.

Going around the network is off limits too. After Tegus introduces an expert, a client can't solicit a business relationship with that person without Tegus's written consent, unless it can document a relationship that existed before.

Contract terms that add cost

The Tegus terms of use, last revised 12 May 2025, carry the clauses that turn a quote into a bill, and the devil's in the details:

• Payment obligations are non-cancelable, paid fees are nonrefundable, and partial use of a subscription earns no refund.
• Seat quantities can't be decreased during the Subscription Term; seats added mid-term are prorated to the time left.
• Fees for Tegus Platform content fall due on the Services Start Date and stay nonrefundable even when a client terminates for Tegus's own breach.
• Invoices are due in 30 days, and overdue balances accrue interest at 1.5% a month.
• An account 30 days overdue, or 7 days on a card, can be accelerated and suspended after 7 days' notice.
• Taxes and outgoing wire fees sit with the client.
• Subscriptions renew automatically unless either side gives notice of non-renewal at least 30 days before the term ends.

The late-interest clause has a price on it. On a $30,000 invoice, 1.5% a month is $450, the cost of an average expert's hour, for every month the bill sits unpaid.

Renewal is the bigger exposure. The terms cover only the renewal's length and its 30-day notice window, so any cap on an annual price increase at renewal has to be negotiated into the Order Form. A team that misses the boat on the notice date rolls into up to another year.

What buyers pay against the median

Vendr's numbers make Tegus the second-cheapest of the four vendors charted. The AlphaSense median is $18,375 across 40 purchases, ranging from $9,750 to $51,300. Guidepoint sits at $48,000, and AlphaSights costs an arm and a leg at $78,980, 2.6 times the Tegus figure.

Spread tells a buyer more than the midpoint does. Tegus's highest tracked deal is 5.0 times its lowest, against 5.3 for AlphaSense. Guidepoint's top deal, $131,000, is 27 times its $4,790 bottom one, and AlphaSights runs from $71,596 to $987,796.

The Sacra interview also gives a per-seat figure, from the same former Tegus engineering leader describing the company's target at the time:

"As you'd imagine, it's a pretty wide range, but the ideal target at that time was about $25K just for one seat for the transcription library."

Unnamed Tegus engineering leader, Sacra interview, 25 August 2025

Vendr's $30,000 median is $5,000 above that one-seat target.

What users say about the price

G2 lists four Tegus reviews averaging 4.6 out of 5, and two of the four come back to the per-call transcript charge. The G2 moderation report covers how the platform vets reviewers.

"The pricing is good as well," wrote Cory M., COO at a mid-market company, on G2 on 30 April 2026. The same review named the fee as a drawback:

"First, their system requires paying for a transcript, which isn't necessary for me since I take my own transcripts."

Cory M., COO, mid-market company, G2, 30 April 2026

Mark S., a technology consulting manager at an enterprise firm, put it shorter on G2 on 3 July 2026: "I also am not fond of having to pay for some things like transcripts."

Experts see the other side of the ledger. A verified G2 reviewer in computer software wrote on 10 October 2025, "You can make money by sharing your experience with their clients." On Hacker News, an expert who lists Tegus among the networks they've worked with explained why rates climb:

"Folks who use these services are not cost sensitive. They may often pick the most expensive expert in the hope of learning as much as they can in the fewest number of calls."

tpurves, Hacker News, 31 October 2024

Another Hacker News commenter put a ceiling on most expert fees in the same week: "If you are a surgeon or something rare you could command something like 200-500," wrote kingkongjaffa on 29 October 2024.

How to negotiate a Tegus quote

Fix the seat count before signing, because the terms set it in stone for the whole Subscription Term: quantities can go up at a prorated price and never down. Count the analysts who'll search transcripts every week, since a password can't be shared and a seat moves only when someone leaves.

Write the renewal into the Order Form. The terms cover renewal length and the 30-day notice, so a price cap or a multi-year rate exists only if the Order Form states it. Ask what discount a two- or three-year term carries against a single-year renewal, and get any annual price increase at renewal capped in writing. Put the notice date in the calendar on signing day.

Buy calls in prepaid packages once volume is predictable. AlphaSense says those packages never expire, and the legacy pricing page promised bonus dollars on them, so get the bonus in writing.

Price the bundle both ways. AlphaSense includes the Tegus transcript library in both of its plans, and its Vendr median runs $11,625 below the Tegus one, so request an AlphaSense quote with the library switched on next to any Tegus-only renewal. Two live quotes in the same week put the buyer in the driver's seat.

Tegus against its alternatives

Expert networks and research platforms bill on different meters, so Vendr's annual medians are the one unit that compares across them. The table sets Tegus against AlphaSense, which now owns it, and against two networks that sell calls.

Every dollar figure marked ^* is a Vendr median, lowest or highest annual contract value from tracked purchases, read on vendr.com on 6 October 2026. The table carries no vendor list prices, since none of the four vendors publishes one for these contracts. The last column divides each median by Tegus's $30,000.

Market data terminals compete for the same research budget. The Bloomberg Terminal pricing and FactSet pricing reports price those seats, and the financial data providers ranking scores AlphaSense against Bloomberg and FactSet. The investment research platforms ranking sets it against Koyfin, TIKR and other investor tools.

The alternative data providers ranking covers the Tegus library inside AlphaSense's entry, and the market intelligence platform pricing report prices the wider platforms a strategy team weighs against it.

Who Tegus is priced for

The terms limit the sites to users 18 or over who are "professional investors, corporations, or consultancies" with market knowledge, their compliance staff, or individuals "otherwise knowledgeable of markets." Disputes go to arbitration, with any hearings held in Cook County, Illinois.

Heavy call users get the best of both worlds. AlphaSense's call page quotes an unnamed hedge fund customer that ran "about 20 calls per year" with its previous expert network and "roughly 15x" that volume on Tegus. At the $525 average, 300 calls a year add up to $157,500, more than five times the median subscription.

AlphaSense counts 7,000+ enterprise customers, life sciences companies among them, and lists corporate strategy, competitive intelligence and M&A among the functions it serves. The life science intelligence tools ranking covers its pitch to pharma.

What to budget for Tegus

Zero in on the call count first, then price one transcript subscription at Vendr's $30,000 median plus 20 one-hour calls at the $525 average. The calls add $10,500, for a year-one total of $40,500 before translation, concierge or pay-to-delay charges. Switch to 30-minute calls and the call line drops to $6,000.

AlphaSense sells calls pay-as-you-go with no minimum commitment, and bookings run through its Call Portal "once you have access to the platform," so a calls-only budget needs the platform access priced in the same quote.

Expert calls compete for the same primary research money as surveys and group sessions. The market research cost breakdown prices surveys, the focus group cost report prices moderated groups, and the guide to market research methods sets out when an interview answers the question best.

Frequently asked questions

How much does Tegus cost?

Tegus contracts run a $30,000 median a year on Vendr's data, from $13,000 to $65,200. Calls bill extra at the expert's rate, about $450 an hour on average, plus $75 each.

How much does a Tegus subscription cost?

A Tegus subscription is quoted per Active User and per product, and AlphaSense now includes the Tegus transcript library in both of its plans. A former Tegus engineering leader told Sacra the target was about $25K for one transcript seat, and Vendr's tracked contracts center on $30,000.

How much does Tegus pay for a call?

Tegus pays the rate the expert sets. Payment is prorated, rounded up to the nearest 15 minutes and sent within 15 business days through Tipalti. The average expert rate is about $450 an hour, and Tegus issues a 1099-NEC to experts it pays over $600 in a year.

Was Tegus acquired by AlphaSense?

Yes. AlphaSense agreed to buy Tegus for $930 million on 11 June 2024 and closed the deal on 8 July 2024.

Is Tegus now AlphaSense?

Tegus runs as a brand inside AlphaSense. Its home page reads "Tegus is now part of AlphaSense," its free trial opens an AlphaSense form, and its calls are sold as Tegus Expert Call Services, "a service offering from AlphaSense."

Is Tegus Consulting a legitimate company?

Tegus, Inc. is a real company whose terms of use are governed by Illinois law, and AlphaSense paid $930 million for it. On Hacker News, an expert who has earned "well into the 6 figures" from advisory calls listed Tegus among the legitimate networks they'd worked with.

Bottom line

Tegus runs a $30,000 median a year on Vendr's tracked contracts, and every expert call adds the expert's rate plus $75, about $525 for an average hour. Since July 2024 that price comes from AlphaSense, which lists the Tegus library inside both of its own plans.

The terms carry the charges a quote leaves out: seats that can't be reduced, nonrefundable fees, 1.5% monthly late interest and a renewal that rolls unless someone gives 30 days' notice. Fix the seat count, write the renewal into the Order Form, and price AlphaSense's bundle next to any Tegus-only quote.