Latopis

Proprietary data: turn your operating record into revenue.

Short answer: a construction company’s proprietary data is the operating record it produced and owns: email, chat, job files, estimates, field photos, drawings and CAD it made, and the books. Buyers license it, typically for $100K to $2M. The buyer pays the company; the company pays nothing and keeps its files.

Check your data   Get a rough value range first

What counts as proprietary data for a construction company?

The operating record: the working history of how the company does its work, which the company itself produced.

Not proprietary to the company: drawings the project owner still owns, and records you hold for your own clients as their agent. Those stay out.

Why does proprietary data have value?

Buyers who license the operating record want the real history of how the work gets done. Years of operating history, and how much of the work is visible in the files, move the value more than raw volume. Read how the record is valued, or get a rough range from the data value calculator.

How does licensing proprietary data work through Latopis?

  1. Check your data. Three questions: your systems, the company, then who can sign. About two minutes. Nothing is uploaded.
  2. A buyer reviews. Latopis reads the intake and introduces one buyer if the record fits. The buyer reads a sample before pricing it, usually within one to two weeks. You approve what is included.
  3. The company is paid. The buyer pays the company for a defined license once the data is approved, shared, and anonymized, often net 30 to 60.

The terms are set in a license; see what a data licensing agreement covers.

Does the company keep its proprietary data?

Yes. It is a license, not a sale. The company keeps its files and the right to keep using them. There is no listing, no marketplace, and nothing about the company is made public.

Questions owners ask

What is proprietary data for a construction company?

The operating record the company produced and owns: email, chat, job files, estimates, field photos, drawings and CAD it made, and the books.

Who qualifies?

Construction companies with a real operating record, including general contractors, trade contractors, fabricators, and suppliers. Buyers usually start around twenty full-time people; a long record can still fit below that.

How much can proprietary data earn?

Licenses typically land between $100K and $2M, and run higher for a long record. The buyer prices it after reading a sample.

Do we lose ownership of our data?

No. It is a license for a defined term. The company keeps its files and the right to keep using them.

Is personal information shared?

No. Names, emails, phone numbers, and account numbers are removed before a buyer sees the record.

What does it cost the company?

Nothing. The buyer pays the company, and Latopis is paid by the buyer only if a license closes.

More answers in the FAQ

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