A percentage, only if assets are successfully sold or licensed[2]
Referral bounty
Not published
Deal terms
Deal terms: SimpleClosure
Deal structure
License (seller keeps underlying assets) or outright sale[2]
Exclusivity
Not published
Term
Not published
Field of use
Not published
Onward transfer
Once SimpleClosure or an affiliate acquires assets, it may license or sell them to third parties without further consent from or compensation to the seller, except as set out in a separate asset assignment or purchase agreement[1]
Seller keeps ownership
Yes under a license deal; no under an outright sale[2]
Privacy and data handling
Privacy and data handling: SimpleClosure
De-identification
Before data is made available, assets undergo a multi-pass de-identification protocol designed to detect and replace personal and sensitive information (names, emails, credentials, keys, customer identifiers)[3]
Raw data deletion
Not published
Certifications
Not published
Personal data handling
PII such as names, addresses and phone numbers scrubbed before sharing[8]
Process
Process: SimpleClosure
Steps
Submit details on your assets (short form or connect GitHub)
Talk to an AssetHub specialist, or connect GitHub[2]
Who they sell to
Who they sell to: SimpleClosure
Sells to
AI foundation labs, Reinforcement learning environment builders, Other technology companies[2]
Track record
Named deals
A founder winding down his crypto startup netted roughly $25,000 for its code base and a still-pending amount (likely around $15,000) for workspace data in Google, Notion, Figma and Slack; the sale was brokered by SimpleClosure (reported)[9]
Lucinetic: customer testimonial says SimpleClosure helped it find a buyer for its IP during shutdown[2]
Coverage
MIT Technology Review: Asset Hub has handled 150+ deals; 47% of SimpleClosure deals now include code or data sales (reported)[9]
Forbes México: in the prior year SimpleClosure handled nearly 100 transactions for closed companies, typically paying $10,000–$100,000 per company (per CEO Dori Yona) (reported)[10]
Watch for
Terms let SimpleClosure itself (or affiliates) acquire submitted assets and later resell or license them to third parties without further compensation to the seller, except as set out in a separate asset assignment or purchase agreement[1]
Seller represents and warrants it has given all required notices to, and obtained all required consents from, individuals whose personal information may be in the submitted assets, including employees, contractors, customers, investors and vendors[1]
Press reports founders in wind-down data sales have little visibility into who buys the data (reported)[9]
Sources
Terms & Conditions | SimpleClosure, simpleclosure.com. Published May 6, 2026. Accessed October 30 and November 3, 2026. (company's own site)