As a SourceX referral partner, you play a key role in connecting qualified US companies with the opportunity to license their data through SourceX. Understanding how your referral rewards are calculated is straightforward. We offer a transparent model where partners earn a share of the platform fees SourceX collects from successful licensing deals.
How SourceX Referral Rewards Work
When you refer a company that successfully licenses its data through SourceX, you earn 25% of the eligible platform fees SourceX actually collects from that company's licensing deals. It's important to note that rewards become payable only after the buyer pays and SourceX receives its fee. A lead, meeting, or signed agreement alone does not trigger payment.
There is also a reward cap: rewards are capped at $100,000 cumulative per referred company. This means that for any single referred company, your total referral earnings will not exceed this amount, even if the total collected fees would otherwise lead to a higher reward.
Crucially, your partner reward is a share of SourceX's fee and is never deducted from what the company receives. SourceX is the enterprise data transaction layer for AI, managing data licensing from sourcing and rights review to delivery and payment. We enable US companies with 50+ full-time employees at peak, years of operating records, rights to license the data and an authorized sponsor to monetize their data responsibly.
Illustrative Payout Examples Template
Use the template below to input your own hypothetical figures and see how the 25% reward rate and $100,000 cap apply. Remember, these examples are illustrative only and do not represent expected results or guarantees. Actual earnings depend on many factors, including the success and value of licensing deals, and the fees SourceX collects.
To use the template, replace the placeholder values in the 'Illustrative Input' column with your own numbers. The 'Illustrative Payout Calculation' and 'Illustrative Referral Payout' columns will show the result.
| Scenario | Illustrative Input (SourceX Collected Fees) | Illustrative Payout Calculation | Illustrative Referral Payout |
|---|---|---|---|
| :------- | :---------------------------------------- | :------------------------------ | :--------------------------- |
| Small Deal | $5,000 | $5,000 x 25% = Calculated Value | Minimum(Calculated Value, $100,000) |
| Medium Deal | $100,000 | $100,000 x 25% = Calculated Value | Minimum(Calculated Value, $100,000) |
| Large Deal (Below Cap) | $200,000 | $200,000 x 25% = Calculated Value | Minimum(Calculated Value, $100,000) |
| Very Large Deal (Above Cap) | $500,000 | $500,000 x 25% = Calculated Value | Minimum(Calculated Value, $100,000) |
_Instructions:_ Replace 'Calculated Value' with (Input x 25%). For 'Illustrative Referral Payout', compare the 'Calculated Value' to the $100,000 and use the lower of the two. This helps you visualize how the cap impacts potential rewards.
Key Considerations for Partners
- Who can join? Anyone can join, from any supported country. Licensed professionals should check their own rules on referral fees.
- Attribution: Credit goes to the first valid referrer whose introduction leads to a verified company application within the attribution window.
- Company Qualification: Introduce US companies with 50+ full-time employees at peak (contractors excluded), years of operating records, rights to license the data and an authorized sponsor. These are the companies SourceX seeks.