Reference Guide March 16, 2026

Alternative Data Sources for Private Equity

A working reference covering 20 categories of alternative data — from card panels and satellite imagery to free government datasets — with the providers and price ranges PE firms actually encounter.

20
Categories
100+
Providers
Free–$1M+
Annual Cost

Data has become critical in the private equity industry. The firms that consistently source, integrate, and act on differentiated data are the ones making better investment decisions — from sourcing and diligence through portfolio management and exit. We’re often asked where we get some of our data from. Over the years, we’ve explored a wide range of alternative datasets across the investment lifecycle. We’ve gathered them here for convenience.

Pricing reflects typical enterprise contracts at the time of writing. Actual costs vary significantly based on scope, seats, data granularity, and negotiation. Many vendors offer modular pricing, so you can start narrow and expand over time.

Consumer Transaction & Spending Data

Real consumer purchasing behavior at the card, receipt, or POS level — one of the most direct ways to gauge a target company's revenue trajectory before you ever see their financials.

Data Type Key Providers Where to Source Approx. Annual Cost
Credit/Debit Card Panels Second Measure, Earnest Research, Bloomberg Second Measure Direct vendor contracts; Bloomberg Terminal add-on $100K–$500K+
Mastercard SpendingPulse Mastercard Mastercard Data & Services sales team $150K–$400K
Receipt & Invoice Data Edison Trends, Measurable AI Direct vendor API or dashboard $50K–$200K
POS Transaction Data NIQ (NielsenIQ), Circana Enterprise license via vendor $100K–$1M+
BNPL Transaction Trends Afterpay/Block, Klarna (aggregated) Third-party aggregators or vendor partnerships $50K–$150K

Web & Digital Presence Data

Online visibility, traffic, app engagement, and digital brand health. Useful for evaluating consumer-facing businesses and tech companies alike.

Data Type Key Providers Where to Source Approx. Annual Cost
Website Traffic & Engagement SimilarWeb, Semrush SaaS subscription via vendor website $10K–$100K
App Downloads & DAU Apptopia, Sensor Tower, data.ai SaaS subscription; API access available $30K–$150K
Online Reviews & Sentiment Thinknum, ReviewTrackers SaaS subscription or API $15K–$80K
Social Media Analytics Sprout Social, Brandwatch, Meltwater SaaS subscription $15K–$100K
SEO & Domain Authority Semrush, Ahrefs, Moz SaaS subscription $5K–$30K
Price & Assortment Tracking Prisync, Competera, custom scraping SaaS or custom engineering $10K–$100K

Employment & Talent Data

Hiring momentum, organizational structure, talent quality, and employee sentiment. Often one of the earliest signals of a company's growth or distress.

Data Type Key Providers Where to Source Approx. Annual Cost
Job Postings Volume LinkUp, Thinknum, Revelio Labs SaaS or data feed subscription $30K–$200K
LinkedIn Headcount & Composition Revelio Labs, Coresignal, People Data Labs Direct vendor; bulk data feed or API $50K–$300K
Employee Satisfaction Glassdoor (Fishbowl), Comparably, Blind Glassdoor API (limited); vendor platforms $10K–$50K
H-1B Visa Filings U.S. DOL (OFLC) Free download from dol.gov; vendors enrich Free (raw)
Executive Tracking BoardEx, Equilar, RelSci Enterprise subscription $30K–$150K
Turnover & Tenure Analytics Revelio Labs, Lightcast (Emsi) Data feed or dashboard $50K–$200K
Wages, Employment & Labor Market BLS — QCEW, JOLTS, OES, CPI/PPI Free download from bls.gov Free

Geolocation & Foot Traffic

Mobile device signals measuring physical visits, dwell time, and trade area dynamics. Essential for retail, restaurant, and real estate diligence.

Data Type Key Providers Where to Source Approx. Annual Cost
Foot Traffic Analytics Placer.ai, SafeGraph (Dewey), Unacast SaaS subscription or bulk data license $30K–$200K
Dwell Time & Visit Frequency Placer.ai, Near Intelligence SaaS dashboard $30K–$150K
Trade Area & Customer Origin Placer.ai, Spatial.ai SaaS subscription $25K–$100K
Parking Lot Vehicle Counts Orbital Insight, Geotab Enterprise license; satellite imagery $50K–$250K
Demographics & Market Sizing U.S. Census Bureau — ACS, Economic Census, CBP Free download from census.gov Free

Satellite & Aerial Imagery

Macro-level physical intelligence on infrastructure, agriculture, commodities, and commercial activity — data you can't get any other way.

Data Type Key Providers Where to Source Approx. Annual Cost
Retail Parking / Vehicle Counts Orbital Insight, RS Metrics Enterprise subscription $75K–$300K
Crop Health & Yield Forecasting Planet Labs, Gro Intelligence, Descartes Labs SaaS or API subscription $50K–$500K
Oil Storage Tank Levels Orbital Insight, Ursa Space, Kayrros Enterprise license $100K–$500K
Construction Progress Nearmap, EagleView, Cape Analytics SaaS subscription $25K–$150K
Shipping & Port Activity Spire Global, Orbital Insight Data feed subscription $50K–$300K
Mining & Extraction Activity Planet Labs, Descartes Labs Enterprise license $75K–$400K

Supply Chain & Logistics

The movement of goods through ports, shipping lanes, rail, and freight networks. Helpful for evaluating manufacturing, distribution, and import-dependent businesses.

Data Type Key Providers Where to Source Approx. Annual Cost
Import/Export & Customs Records ImportGenius, Panjiva (S&P Global), Descartes Datamyne SaaS subscription $10K–$100K
AIS Vessel Tracking MarineTraffic, Spire Global, VesselsValue API or data feed $15K–$150K
Freight Rate Indices Freightos Baltic Index, DAT, Xeneta SaaS or API subscription $10K–$75K
Rail Car Loadings AAR (Association of American Railroads) Weekly report subscription $1K–$10K
Warehouse & Inventory Proxies CBRE, Prologis research; freight aggregators Research subscriptions $10K–$50K
Air Traffic, Freight & VMT DOT / BTS — T-100, CFS, freight analysis Free download from bts.gov Free

Patent & Intellectual Property

Innovation intensity, competitive moats, and technology positioning. Particularly relevant for tech, life sciences, and industrial PE deals.

Data Type Key Providers Where to Source Approx. Annual Cost
Patent Filings & Citations PatSnap, Orbit Intelligence (Questel), Google Patents SaaS subscription; Google Patents is free $15K–$100K
Trademark Applications USPTO (TESS), WIPO Global Brand Database Free public databases Free
Patent Litigation Tracking Lex Machina, Darts-ip (Clarivate), RPX SaaS subscription $20K–$100K
IP Valuation Proxies ktMINE, Ocean Tomo (J.S. Held) Enterprise licensing $25K–$150K

Regulatory & Government Filings

Government data sources that reveal regulatory risk, compliance posture, and market access. Many of the best datasets here are free.

Data Type Key Providers Where to Source Approx. Annual Cost
FDA Approvals & 510(k) FDA.gov, Evaluate Pharma, BioMedTracker FDA.gov is free; analytics platforms $50K+ Free–$200K
EPA Permits & Violations EPA Enforcement (ECHO) Free at epa.gov Free
OSHA Inspections OSHA.gov, Good Jobs First Free public database Free
Building Permits & Zoning BuildZoom, Construction Monitor, local gov sites SaaS or direct from municipalities $5K–$50K
Government Contract Awards USAspending.gov, GovWin (Deltek), Bloomberg Gov USAspending is free; GovWin $15K+ Free–$100K
State Licensing Data Individual state agencies; Definitive Healthcare Varies by state; Definitive HC $30K+ Free–$150K
SBA Loan Data SBA.gov Free public download Free
Lobbying Disclosures OpenSecrets, Senate.gov LDA Free public access Free
Federal Contractor Registrations SAM.gov Free public search and bulk extract Free

Financial & Credit Data

Business creditworthiness, lending activity, and financial distress signals.

Data Type Key Providers Where to Source Approx. Annual Cost
Business Credit Scores Dun & Bradstreet, Experian BIS, Equifax Commercial Enterprise subscription $25K–$200K
UCC Filings Secretary of State databases; Dun & Bradstreet State sites free; enriched data via vendors Free–$50K
Bankruptcy & Court Dockets PACER, BankruptcyWatch, Epiq PACER $0.10/page; vendors $10K+ $1K–$50K
Bank Call Reports (FFIEC) FFIEC Central Data Repository Free download from ffiec.gov Free
FDIC Bank Profiles & Financials FDIC BankFind Suite Free at fdic.gov; bulk download available Free
SEC Full-Text Filings & XBRL SEC EDGAR — full-text search, XBRL Free at sec.gov and efts.sec.gov Free
CDS & Bond Spreads Bloomberg Terminal, ICE Data Services Terminal subscription $24K–$30K/seat
AP/AR Aging Proxies Dun & Bradstreet Trade Exchange, Creditsafe Enterprise subscription $25K–$100K

Pricing & Product Intelligence

Competitor pricing, promotional strategies, and product assortment changes. Particularly useful for consumer and retail portfolio companies.

Data Type Key Providers Where to Source Approx. Annual Cost
E-Commerce Price Scraping Prisync, Competera, Intelligence Node, custom builds SaaS subscription or custom engineering $10K–$100K
MAP Compliance Monitoring MAP Policy, PriceSpider, Vorys eControl SaaS platform $15K–$60K
SKU & Assortment Changes Profitero, DataWeave, e.fundamentals SaaS subscription $20K–$150K
Commodity & Input Cost Tracking Bloomberg, Fastmarkets, S&P Global Platts Terminal or data feed $10K–$50K

Sentiment & News Analytics

NLP-driven scoring of media, earnings calls, and public discourse. Useful for early warning signals and reputation monitoring across the portfolio.

Data Type Key Providers Where to Source Approx. Annual Cost
News Sentiment Scoring RavenPack, Amenity Analytics, Accern Enterprise data feed or API $50K–$300K
Earnings Call NLP AlphaSense, Sentieo (now AlphaSense), Amenity SaaS subscription $20K–$100K/seat
Social Media & Forum Sentiment Brandwatch, Talkwalker, Sprinklr SaaS subscription $15K–$100K
Consumer Complaints CFPB database, BBB, NHTSA complaints Free public download Free
ESG Controversy Monitoring RepRisk, Sustainalytics, MSCI ESG Enterprise subscription $25K–$150K

Real Estate & Property Data

Commercial and residential market data for real estate-focused strategies and any deal involving significant property assets.

Data Type Key Providers Where to Source Approx. Annual Cost
Commercial Lease Comps & Vacancy CoStar, CBRE Econometric Advisors, REIS (Moody's) Enterprise subscription $30K–$200K+
Property Transactions Real Capital Analytics (MSCI), Reonomy Enterprise subscription $25K–$150K
Residential Pricing Trends Zillow, Redfin, CoreLogic, Black Knight Some data free; enterprise feeds $20K+ Free–$150K
Housing Price Indices & Fair Market Rents HUD, FHFA House Price Index Free download from hud.gov and fhfa.gov Free
Construction Starts & Completions Dodge Data (Avitru), ConstructConnect Enterprise subscription $15K–$75K
Cell Tower & Data Center Leases TowerXchange, Wireless Estimator, FCC ASR FCC ASR free at fcc.gov; commercial sources $5K+ Free–$50K

Healthcare-Specific Data

Specialized data for healthcare PE — one of the most active and data-intensive sectors in private equity.

Data Type Key Providers Where to Source Approx. Annual Cost
Medical & Rx Claims IQVIA, Symphony Health, Komodo Health Enterprise data license $100K–$1M+
Prescription Volume IQVIA, Definitive Healthcare Enterprise subscription $50K–$500K
Clinical Trial Data ClinicalTrials.gov, Citeline (Informa), Evaluate ClinicalTrials.gov free; analytics $30K+ Free–$200K
Hospital Referral Networks Definitive Healthcare, Trilliant Health Enterprise subscription $30K–$150K
Payer Mix & Reimbursement CMS.gov, Turquoise Health CMS free; Turquoise $25K+ Free–$100K
EHR Market Share KLAS Research, Definitive Healthcare Subscription $20K–$75K

Energy & Commodities

Physical and market data for energy-focused investments. Several high-quality government sources are available for free.

Data Type Key Providers Where to Source Approx. Annual Cost
EIA Production & Inventory U.S. EIA (eia.gov) Free public data Free
Rig Count Data Baker Hughes Free weekly report Free
Pipeline Flow Data Genscape (Wood Mackenzie), S&P Global Platts Enterprise subscription $50K–$300K
Renewable Energy Generation EIA, IRENA, Wood Mackenzie EIA free; analytics platforms $25K+ Free–$150K
Carbon Credit & REC Pricing Xpansiv CBL, Verra, Gold Standard Trading platform access or data feeds $10K–$75K
Flaring Data (Satellite) Capterio, World Bank Global Gas Flaring World Bank free; commercial $25K+ Free–$100K

Technology & Infrastructure

Signals on technology adoption, developer activity, and infrastructure decisions. Helpful for evaluating SaaS, IT services, and tech-enabled businesses.

Data Type Key Providers Where to Source Approx. Annual Cost
Tech Stack Detection BuiltWith, Wappalyzer, HG Insights SaaS subscription $10K–$75K
GitHub Activity & Dev Engagement GitHub API, Cauldron.io, Open Source Insights GitHub API free (rate-limited); enriched data via vendors Free–$50K
Cloud Spend Proxies Intricately, HG Insights Enterprise subscription $25K–$100K
DNS & SSL Certificate Data SecurityTrails, Censys, crt.sh Free tier available; enterprise $10K+ Free–$50K

Consumer Survey & Panel Data

Direct consumer feedback on brand perception, purchase intent, and market trends. Valuable for validating thesis assumptions during diligence.

Data Type Key Providers Where to Source Approx. Annual Cost
Brand Tracking Surveys Morning Consult, YouGov BrandIndex Enterprise subscription $50K–$250K
NPS Benchmarking Bain & Company, Satmetrix, Qualtrics XM Platform subscription $25K–$100K
Purchase Panel Behavior NIQ (NielsenIQ), Circana, NPD Enterprise data license $100K–$1M+
Purchase Intent Surveys Suzy, Attest, Morning Consult Per-survey or subscription $20K–$100K

ESG & Sustainability Data

Increasingly required by LPs and regulators. Good ESG data also surfaces operational and reputational risks that traditional diligence misses.

Data Type Key Providers Where to Source Approx. Annual Cost
Carbon Emissions CDP, Trucost (S&P), ISS ESG Enterprise subscription $25K–$200K
Environmental Violations EPA ECHO, state environmental agencies Free public data Free
Board Composition & Governance ISS Governance, BoardEx, Equilar Enterprise subscription $25K–$100K
Climate Risk Exposure Jupiter Intelligence, Four Twenty Seven (Moody's) Enterprise license $50K–$300K
Supply Chain Labor Audits Sedex, EcoVadis, amfori BSCI Membership-based platforms $5K–$50K
DEI Metrics Revelio Labs, DiversityInc, Equileap Enterprise subscription $20K–$100K

Legal & Litigation Data

Legal exposure, regulatory actions, and litigation trends. A must-check during diligence and ongoing portfolio monitoring.

Data Type Key Providers Where to Source Approx. Annual Cost
Federal Court Dockets PACER, Lex Machina (LexisNexis) PACER $0.10/page; Lex Machina $20K+ $1K–$100K
Class Action & Mass Tort Securities Class Action Clearinghouse (Stanford), Lex Machina Stanford free; commercial analytics $20K+ Free–$100K
Regulatory Enforcement SEC EDGAR, FINRA BrokerCheck, state AG offices Free public access Free
Antitrust Investigations MLex (LexisNexis), Global Competition Review Subscription $5K–$30K

Telecom & Connectivity

Digital behavior and infrastructure data useful for tech and telecom investments.

Data Type Key Providers Where to Source Approx. Annual Cost
Mobile Device Usage App Annie (data.ai), Apptopia SaaS subscription $30K–$150K
Broadband & Coverage Mapping FCC Broadband Data Collection, Ookla (Speedtest) FCC free at broadbandmap.fcc.gov; Ookla enterprise $25K+ Free–$100K
IoT Device Telemetry Berg Insight, IoT Analytics Research reports and data platforms $5K–$50K

Education & Workforce

Human capital pipelines and skills market dynamics. Relevant for education sector investments and workforce planning across the portfolio.

Data Type Key Providers Where to Source Approx. Annual Cost
University Enrollment IPEDS (NCES), individual institutions Free from nces.ed.gov Free
Workforce Skills Gap Lightcast (Emsi Burning Glass), Revelio Labs Enterprise subscription $30K–$150K
Online Learning Trends Class Central, Coursera/Udemy marketplace data Class Central free; vendor data by partnership Free–$50K
Certification & Credentials Credly, professional association databases Varies by organization $5K–$25K

Costs vary widely depending on number of users, data scope, geographic coverage, and contract terms. Many vendors require custom quotes. Inclusion in this guide does not constitute an endorsement of any vendor.

Need help putting this to work?

We help PE firms evaluate, integrate, and operationalize alternative data across the investment lifecycle. Get in touch if you’d like to discuss.

Talk to Us →