For investors and wind-down advisors

Can a portfolio company license its data before it closes?

Last checked 7 November 2026

Can a portfolio company license its data before it closes?
Company size50 or more staff at peak
Range$100K to $2M
Fee to the fundNone
Fee to the companyNone
Answer

Yes. A portfolio company winding down can license a copy of its internal records to AI labs before its accounts close. The company's board decides and the fee is paid to the company, so it reaches shareholders only after creditors.

Why it matters to a fund

A shutdown usually recovers little beyond cash and hardware. The records the team produced over several years are deleted with the software accounts. A licence turns them into proceeds without delaying the wind-down.

Who decides

The company, not the fund. The fund introduces us, and we deal with the board, the officer running the wind-down, or the assignee if there is one. Nothing is signed on the fund's behalf.

Several companies at once

A fund closing more than one company can send them together. Each gets its own estimate and its own licence, and none is bundled with another.

Refused whatever the company

Medical and clinical records about any person, privileged client files, classified or export-controlled material, and anything under a litigation hold.

What to send first

For each company: name, peak headcount, the years the records cover and the systems they sit in. Estimates come back in a few business days.