Tegus
EnterpriseExpert call transcript library and AI research platform used by top investors to shortcut primary research
What is Tegus?
Tegus is an expert-call transcript library used by investors to accelerate primary research. Instead of paying $1,000+ per hour to expert networks for bespoke calls, Tegus sells access to a growing library of over 100,000 pre-recorded, searchable transcripts with industry experts, former executives, and customers across every sector. Each transcript is fully text-searchable and tagged by company, industry, and topic. In recent years Tegus has layered on AI features: Tegus AI can answer natural language questions across the full transcript corpus ("what do former Salesforce sales leaders say about competitive pressure?"), generate summaries, and pull citations. Tegus is primarily sold to hedge funds, private equity shops, and corporate strategy teams who want to drastically reduce the cost and time of expert research. In late 2024, Tegus was acquired by AlphaSense in one of the largest fintech M&A deals of the year, creating a combined research platform that spans filings, broker research, transcripts, and expert calls. Tegus remains sold as a distinct product while integrations with AlphaSense content roll out.
⚡ Quick Verdict
Hedge funds, private equity, and corporate strategy teams needing fast primary research
Retail investors, individuals, or anyone needing real-time market data
Enterprise only · Typically $15,000+/seat/year
No — enterprise contracts only
Massive library of searchable expert transcripts with AI-powered question answering
Expensive, enterprise-only, and overlaps with parent AlphaSense's expert content
Bottom line: Scores 4.4/5 — Changed how institutional investors do primary research. Expensive but can replace far pricier expert network fees for high-volume users.
Pricing
Enterprise only: Tegus doesn't publish pricing. Per-seat pricing is typically $15,000+/year depending on transcript volume, seat count, and add-on modules. Multi-year contracts are common and discounts are available at scale. Tegus is sold by AlphaSense reps following the 2024 acquisition.
Transcript contribution: Tegus historically offered free or discounted access in exchange for contributing your own expert call transcripts to the library. This program still exists for select investors.
Key Features
- 100,000+ expert call transcripts across all sectors
- Full-text search with AI-ranked passages
- Tegus AI — natural language Q&A across the corpus
- Company and industry tagging with mosaic search
- Request new expert calls routed through Tegus' network
- Integration with AlphaSense filings and broker content
- Notebook for tagging, annotating, and sharing research
- SOC 2 Type II compliance and enterprise security
Pros & Cons
Pros
- Dramatic time savings vs. traditional expert networks
- AI Q&A is genuinely useful for thematic research
- Growing library — new transcripts added weekly across every sector
- Replaces or reduces reliance on GLG, Third Bridge, and AlphaSights
Cons
- Enterprise-only with no retail or small-fund tier
- Transcripts are one-sided — no follow-up questions beyond AI Q&A
- Overlap with AlphaSense content post-acquisition
FAQ
What exactly do you get with Tegus?
A searchable library of over 100,000 expert call transcripts where former executives, customers, and industry specialists answer questions about companies, competitive dynamics, and sector trends. You can search full-text, filter by company or topic, and use Tegus AI to ask natural language questions. Each transcript is a one-hour conversation that was conducted and recorded by Tegus on behalf of a paying client, then added to the library.
How does Tegus compare to GLG or Third Bridge?
GLG, Third Bridge, and AlphaSights are traditional expert networks — you pay per hour (often $500–$2,000) to schedule custom calls with vetted experts. Tegus flipped the model: pay a flat subscription and get unlimited access to a growing library of pre-recorded calls. For high-volume users, Tegus is dramatically cheaper. For bespoke questions, traditional networks are still better because you can drive the conversation in real time.
Is Tegus AI better than searching transcripts manually?
For broad thematic questions ("what do former AWS customers say about cost pressure in 2025?"), Tegus AI is much faster than manual search because it synthesizes across multiple transcripts and cites the sources. For specific factual queries where you know the exact quote, search is often still faster. Most users blend both approaches.
Is Tegus worth the cost for a small hedge fund?
Depends on your process. Funds that depend heavily on primary research and were already paying for expert networks typically see Tegus as a massive cost saver. Funds that do mostly quantitative or public-filings-based work may not get enough value. The break-even is usually around 2–3 scheduled expert calls per month per analyst.
Are Tegus transcripts compliant and legally obtained?
Yes. Tegus uses its own network of vetted experts and obtains written consent for each call. Transcripts are redacted for material non-public information and reviewed for compliance before being added to the library. Tegus maintains MNPI policies and trains users on expert-network compliance best practices. Large asset managers have approved Tegus for internal use.
How has Tegus changed since the AlphaSense acquisition?
Since late 2024, Tegus has started integrating with AlphaSense's broader content library. Cross-platform search, unified AI Q&A, and shared notebooks are the current roadmap priorities. Tegus is still sold as a distinct product but existing AlphaSense customers can now add Tegus more easily, and vice versa. Expect more integration over the next 1–2 years.
Can I listen to Tegus calls in audio form?
Some transcripts include audio, but the core product is text. Tegus emphasizes searchable, skimmable transcripts because analysts can consume 10× more content that way than by listening. For calls where tone or hesitation matter, audio is available on selected transcripts.
📋 Good to know
Contact AlphaSense sales for Tegus pricing and access. Onboarding includes compliance training and a product tour.
SOC 2 Type II. All transcripts reviewed for MNPI and compliance. Your searches and notebooks are private to your firm.
When your analyst team does more than 3 expert calls per month — Tegus usually pays for itself at that volume.
Low — analysts are productive on day one. Mastering AI Q&A takes a bit more practice.