LightBox, a proptech company that provides commercial, geographical, spatial, and environmental data for specific buildings, is expanding an existing partnership with nonprofit 501(c)(3) research and technology group First Street Foundation to incorporate climate risk information in its products, "making it easier to identify and measure climate risks ranging from floods and wildfires to extreme heat," according to a press release.

LightBox has products for location intelligence, brokers and investors, due diligence, and lending. The systems all use a unique property identifier called a LightBox identifier, or LID, that enables "seamless indexing across property-centric relational databases," Zach Wade, vice president or data science at LightBox, tells GlobeSt.com. "This suite not only uniquely identifies properties, but each of the constituent pieces including structures and addresses."

LightBox provides such property data as "parcel boundaries, building footprint boundaries, granular addresses, tax assessor records, and deed and recorder data" to First Street through the former's SmartFabric software, which integrates the geospatial data to provide mapping, Wade notes. "Before LightBox released our SmartFabric solution, it was a complex process for consumers of these data to stitch them together. The SmartFabric product attaches unique identifiers to each component, integrating all data points back to a property."