Updated October 2026
Is selling your company data to AI a scam?
What is real
The parts that are on the record
Money is on the table in public. Google's $10M bid beat Mercor's $7.5M for Spirit Airlines' archive in a bankruptcy court process; the court has not yet ruled on the sale. Cielo24 sold 13 years of Slack, Jira and email for what was reported as hundreds of thousands of dollars. SimpleClosure says it has done 150+ data deals for wound-down startups.1,5,6,7
The buyers are funded companies. micro1's $1B program is financed by Citi and Hercules Capital, and micro1 said it completed 50+ data transactions in 45 days. Mercor is valued at $10B after a $350M Series C.8,9,10
What to watch
The facts that should slow you down
Lead forms instead of websites. Most of these ads open a Meta Instant Form, so you hand over your name and number before reading a single term. Meta has also removed some micro1 ads for not following its Advertising Standards, in September and October 2026; Meta does not say what the ads said.4,11
Unnamed operators and unchecked claims. Some advertisers give you no company to look up, and some appear to resell to a bigger buyer without saying so. The payout stories in broker ads name no business we can check.4,12,13,14
A buyer you cannot see. MIT Technology Review reported that sellers often cannot see which AI lab ends up with their data. Ask by name, and ask whether you will be told.15
The money test
Who pays whom is the clearest test
In every legitimate offer we found, money flows to you. Most buyers charge nothing, and brokers and marketplaces can take 8-30%, but only from the proceeds, never up front. Anyone asking you to pay to get an appraisal, a listing or a buyer introduction is working a different model from all of these.16,17,18,19,20,21,22,23,24,25
Five checks
Five checks before you share a single file
One, find a real website with a named company and a street address, not only a form. Two, ask which AI lab will receive the data. Three, ask for a written offer before anything leaves. Four, never hand a buyer the passwords to your live systems; Frankfurt Kurnit, a law firm, advises no direct system access, and buyers that connect should take read-only or approved access only. Five, pay nothing up front. The buyers we introduce you to through the quiz each have a named company and a website you can read before you talk.20,26,27,28,29
FAQ
Questions, answered with sources
Every business is different, so this one is best talked through with the buyer you're working with. Their team goes over it with you before anything is signed.
Before you sign
Questions to talk through with your buyer
Every business is different, so these are best talked through with the buyer you're working with. Their team goes over them with you before anything is signed.
Questions for this kind of business
- What remedies do we have if the buyer or broker breaks the agreement?
- Who owns this data: the company, an estate, or someone else?
- Do customer, vendor or platform contracts, NDAs or API terms restrict this?
Questions for any buyer
- Is the license exclusive, and for how long?
- Can you sublicense the data, and to whom?
- Which AI labs will receive it, and will you tell us?
- How long do you keep it, and how is it deleted?
- What is your liability cap, and who indemnifies whom?
- Will the contract ban re-identification of people in the data?
- Who removes personal data, by what method, and do we approve it first?