Selling or closing the company

Internal tool company closing or for sale? Buyers of its data

Updated

When a company that built its own tools is sold or wound down, the apps and the work recorded in them can be licensed or sold on. The buyers say what they take on their own pages.

Ask about my internal tools

Who takes operating data and tools?

Mercor says it licenses, packages and pays for the data a business generates and asks the company to link its accounts from a list of over 100 supported tools. micro1 licenses data from a company's everyday operations and names CRM data, sales processes and playbooks. Nyne turns de-identified operational workflows into training data.

Source: Internal tool data buyers

What if the company is closing?

SimpleClosure's AssetHub helps companies that are shutting down sell source code and workspace data to AI buyers. A company closing without a liquidator, for example by striking off, sells its records through its directors; once a liquidator is appointed, solvent or not, the directors' powers cease and the liquidator sells, as an administrator or trustee does in an insolvency, and the ownership rules decide what any of them can pass on.

Source: Internal tool data buyers

What do buyers say about rights?

Maryah says licensing grants specified rights to use the data, not ownership. OpenAI's data partnership page says it is not seeking datasets with sensitive or personal information or information that belongs to a third party, which rules out most customer tables.

Source: Internal tool data buyers

If you advise companies like this

Accountants, IT providers and insolvency practitioners who look after such companies can send the owner here, or fill in the form on the owner's behalf and give their own role, so we know who to answer.

Elsewhere on Sell Internal Tools to AI

Which builders let the data out is on the home page board, and the builders themselves are compared on internal tool builder.

Tell us about the internal tools your company built

3 of the 17 builders we read keep some use of customer data. Tell us which ones your tools run on and where the company stands, and we will reply about your own case.

What your team built

What is most of what you built?

  • A person reads every internal tools enquiry
  • No app builder on the board hears about your enquiry
  • We never ask for logins, API keys or exports in the form

Sources

This site's own datasets, every figure quoted from its source and dated:

No.SourcePublished by
[1]Appsmithappsmith.com
[2]ToolJettooljet.com
[3]Retooldocs.retool.com
[4]Budibasebudibase.com
[5]ToolJetdocs.tooljet.com
[6]Airtableairtable.com
[7]Glideglideapps.com
[8]Retooldocs.retool.com

Ask what your internal tools could be licensed as

3 of the 17 builders we read keep some use of customer data. Tell us which ones your tools run on and where the company stands, and we will reply about your own case.

Ask about my internal tools