How long does a data licensing deal take?
From first call to payment, here is the typical timeline.
Timelines vary, but the process follows seven steps: assess, meet the labs, lab vetting, share your file list, get a quote, get a contract, and get paid.
The fast parts
Once a lab has your file list, a quote typically arrives within 24 to 48 hours. Companies with 80 to 100 or more employees can often close in under a week.
Payment
After signing, payment typically arrives within 3 days to 3 weeks, depending on the deal.
What slows things down
Unclear rights and missing information. Preparing your inventory and rights checklist in advance keeps things moving.
Our average deal size is between $250K and $1M. Find out what your records are worth in a few quick questions.
See what your data is worth