SimpleClosure Launches Asset Hub to Unlock Value Startups Leave Behind
SimpleClosure Launches Asset Hub to Unlock Value Startups Leave Behind
New platform lets founders recover value from the codebases, documents, and IP to recover trillions in startup assets left behind every year
SANTA MONICA, Calif.--(BUSINESS WIRE)--SimpleClosure, the easiest and most trustworthy way to shut down your startup, today announced the launch of the SimpleClosure Asset Hub, a platform that gives founders a way to sell the assets they built and recover real value from companies when they wind down. The first product, Source Code, is now live. Workspace Data, which includes operational documents such as email, Slack, Notion, and Google Drive, is available in beta.
"Our mission from the beginning has been to help founders recover as much value as possible from everything they built." –Dori Yona, Founder and CEO of SimpleClosure
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SimpleClosure manages the end-to-end dissolution of venture-backed companies. Sitting with thousands of founders over the years, the team observed the same pattern: when a company shuts down, the assets it built do not disappear — they get discarded. Full production codebases, years of internal documentation, and hard-won operational knowledge go unrecovered. Across the millions of companies that dissolve every year, SimpleClosure estimates there are trillions of dollars in abandoned assets that are never captured. The Asset Hub is built to change that.
"Our mission from the beginning has been to help founders recover as much value as possible from everything they built," said Dori Yona, Founder and CEO of SimpleClosure. "Most founders assume that when the company shuts down, the work just disappears. It doesn't. The Asset Hub gives that work a second life and puts real money back in founders' and investors' hands—making wind-down recovery possible for founders who assumed there was nothing left."
The launch arrives as two trends converge. Dissolution rates on SimpleClosure accelerated through 2024 and 2025, creating a large supply pipeline. At the same time, demand for verified, real-world AI training data has surged — demand-side contracts have grown 150% quarter over quarter and datasets licensed have increased 50% in the same period. Companies such as AI labs, and reinforcement learning researchers are actively sourcing production codebases, capturing how teams actually build software across real stacks, real decisions, and real operational context. Publicly available repositories and synthetic data increasingly do not meet the bar. The Asset Hub fills that gap.
Simple Closure’s Asset Hub’s first offering, Source Code, offers full Git repositories and production application code from Pre-Seed through Series C+ companies across SaaS, Fintech, Healthcare, Entertainment, and Consumer Products. Meanwhile, Workspace Data (in beta) extends the platform to operational documentation created across the lifecycle of a startup, including email, Slack, Notion, Google Drive, and internal process documents. Both products can be licensed for model training, reinforcement learning, or enterprise AI development.
Since launching the program, SimpleClosure has:
- Analyzed approximately 3B tokens across different platforms and surfaces
- Reached nearly 100 participating companies with a 20%+ success rate for Source Code sales
- Generated millions in total value to founders and investors
- Grown demand-side contracts 150% quarter over quarter and increased datasets licensed 50% in the same period
SimpleClosure typically manages the full transaction, including data collection, PII removal, and transfer to the buyer, and returns value to founders and investors in the process. Source Code and Workspace data is where the Asset Hub starts, not where it ends. Additional asset categories including Domains, Patents, Trademarks, and Physical Equipment are actively in development.
"SimpleClosure not only made shutting down Lucinetic easier, they helped us honor what we built. With patience and support, they guided me through the process, helped me find a buyer for our IP, and turned it into real value," said Olga Batygin, co-Founder and CEO, Lucinetic.
SimpleClosure was named to FastCompany's Most Innovative Companies 2025 and is a winner of the 2024 LegalTech BreakThrough Awards. The company has raised over $20 million in total funding, backed by TTV Capital, Infinity Ventures, Anthemis, Vera Equity, The LegalTech Fund, and Carta.
To learn more about the SimpleClosure Asset Hub, email assethub@simpleclosure.com or visit https://www.simpleclosure.com/product/asset-hub
About SimpleClosure
SimpleClosure was founded with a simple but critical mission: to make a complicated and confusing startup shutdown process feel like a manageable reality, the unlock founders were looking for. We handle the paperwork, legal filings, and compliance. This is our sole focus, and we make sure it gets done right. We also help founders uncover and unlock the value still sitting in their company, from IP to codebases to workspace data. To date, we have helped thousands of venture-backed companies wind down cleanly, while protecting remaining value. To learn more, please visit www.simpleclosure.com or contact press@simpleclosure.com
