Glowlit is a platform that gives users free regionally based price reports on a range of animal feed additives. The platform crowdsources the price data directly from purchasing managers and then verifies each data point using a specialized algorithm. Entries are anonymous and shared only as part of an aggregate report.
The Glowlit platform aims to create value for industry players by serving as a real-time benchmarking tool for material price quotes and ultimately sells this crowdsourced alternative data as an aggregate to large buyers of such reports.