Closing a company? Sell its code and workspace history before it's deleted.
We connect companies that are winding down, or already in insolvency, with vetted buyers for their code, chat history, tickets and docs. No upfront fees. You sign with the buyer directly.
When a company shuts down, its data usually gets deleted.
Years of Slack threads, tickets, code and docs disappear when the workspace subscriptions lapse and the cloud bills stop getting paid. Nobody decides to throw it away. It just goes.
That history now has buyers. Data companies pay for real operating records from real companies. But they can only buy what still exists, so the earlier you reach out, the more options you have.
Before the workspace lapses: this week
Five things that keep your options open. None of them commit you to selling.
- List the end dates.Write down when each paid workspace, code host and docs tool renews or ends. That list is your real deadline.
- Hold off on deleting.Don't close workspaces or delete repos until you know whether the history has a buyer.
- Keep one admin login working.Keep one on each tool, so the history can still be exported later.
- Tell whoever signs.Your board, or your appointed practitioner, should know the records may be an asset.
- Send the short email.Buyers can only buy what still exists.
How it works
Four steps. You stay in control the whole way, and the data never passes through us.
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Send a short email
Tell us what the company did, roughly how many people, how many years, and which tools you used. A quick call can follow if it helps.
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We check rights and find buyers
We confirm who holds the rights, then take a short, anonymized summary to the buyers whose criteria fit. Your company's name is shared only once you agree.
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You pick an offer
Offers come back in writing. If one works for you, you sign directly with that buyer. We are not a party to the contract.
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The buyer handles transfer
Export, de-identification and transfer happen under your agreement with the buyer. We never touch the data.
For founders and CEOs
Shutting down is hard enough. This is one thing that can still pay out, and it takes very little of your time.
Email Matthew- A second payout from years of workMarket reports put shutdown deals at roughly $10K to $1M+, depending on size and history. We can't promise a number; the offers decide.
- No upfront feesIn most deals the buyer pays our fee, not you.
- Small teams welcomeAround three people and a year or more of history can be enough to start a conversation.
- You decideYou see the offers, you choose whether to sell, and you sign with the buyer yourself.
For trustees, administrators and liquidators
Also assignees running an assignment for the benefit of creditors (ABC). Workspace and code data can be an estate asset. We bring qualified buyers to you, in writing, while the records still exist.
Discuss an estateMore value for the estate
Data that would otherwise be lost can become a recovery for creditors.
The rights holder signs
You, or the company acting through you, contract directly with the buyer. We are the introducer, nothing more.
Fits a court process
Introductions and offers are in writing, and any sale can go through whatever court or creditor approval your process needs.
Clear on fees
Our fee is usually paid by the buyer. If a fee would ever come from the estate, it is disclosed up front and subject to the approvals that apply.
What data typically sells
Buyers want the everyday record of how a real company worked.
What makes it more valuable
More people, more years and a more complete archive. A full record across several tools usually beats a single source.
What is usually left out
HR files, legal and privileged material, and health data are normally excluded from these deals.
Privacy and rights, up front
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Only the rights holder can sell
The company, or its trustee, administrator or liquidator, must own the data and have authority to sell it. We check this before anything else.
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Buyers de-identify personal data
Buyers de-identify personal data before use, under terms you agree in the contract.
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Business data only
Consumer data and data from individuals are out of scope. We work with company operating records.
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We never take custody
Aethryos does not hold, store or process the data. It goes straight from you to the buyer under your agreement.
What to put in your first email
Five lines is plenty. Skip anything you don't know yet.
Email Matthew- What the company did, in one sentence.
- Roughly how many people at its largest, and how many years it ran.
- Where the history lives: chat (Slack or Teams), tickets (Jira or similar), code (GitHub or GitLab), docs, CRM, support.
- When the first workspace subscription ends, if you know.
- Who can sign: an officer or the board, or an appointed trustee, administrator, liquidator or assignee.
Don't attach any data. We only need the description. The data itself goes straight from you to the buyer.
Questions
Anything else, just email Matthew. Still operating? See selling or licensing while you run.
What does this cost us?
No upfront fees. In most deals the buyer pays our finder's fee. If a deal ever needed a fee from your side, we would agree it with you in writing before any introduction, and it would only be due if a deal closes.
Who pays Aethryos?
Usually the buyer, under a referral agreement we sign with them. We are paid when a deal is done, not for introductions that go nowhere.
How much is our data worth?
It depends on headcount, years of history and how complete the records are. Market reports put deals in this market at roughly $10K to $1M+ depending on size and history.
We can't promise a number. The real answer comes from the offers buyers make.
How long does it take?
It varies. Timing depends on the buyer, how quickly rights can be confirmed, and the paperwork. Sales that need court approval follow the court's timetable. Reaching out early helps, because the data has to still exist.
Do you hold or see our data?
No. We never hold, store or process it. We only need a description: what tools you used, roughly how many people, and how many years. The data itself goes straight from you to the buyer.
Is this confidential?
Yes. We treat what you tell us as confidential, and we only share your company's name with a buyer once you have agreed to it.
Which regions do you cover?
The United States, Canada, Europe including the UK, Australia and New Zealand.
We are already in bankruptcy or administration. Is it too late?
Not necessarily. The sale then runs through your trustee, administrator or liquidator, plus any court or creditor approval your process requires. Mention it to your appointed practitioner, or have them email us directly.
Start with a short email.
Use the checklist above, or just send three lines. You will hear back from Matthew within one business day.
matthew@aethryos.com