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SimpleClosure helps United States-based corporations and LLCs shut down their operations. It uses technology to streamline the dissolution process, handling all legal and administrative steps so the shutdown takes days or weeks instead of months or years, while lowering legal and accounting costs. The platform provides comprehensive support, ensuring regulatory compliance and giving clients clear visibility into required tasks, fees, and timelines. Unlike traditional firms, SimpleClosure emphasizes transparent, affordable service with predictable pricing and a risk-free path to avoid fines or penalties. Its goal is to help entrepreneurs and business owners wind down their companies efficiently and affordably, so they can focus on their next ventures.
Industries
Consulting
Enterprise Software
Legal
Company Size
51-200
Company Stage
Series A
Total Funding
$20.5M
Headquarters
Los Angeles, California
Founded
2023
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Total Funding
$20.5M
Meets
Industry Average
Funded Over
3 Rounds
Industry standards
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Unlimited Paid Time Off
Flexible Work Hours
Hybrid Work Options
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What your assets are worth. What 350+ startup datasets reveal about the value of company data and what makes some assets worth more than others. CEO, SimpleClosure September 3, 2026 For years, founders thought about company value in familiar terms: revenue, customers, IP, maybe patents. AI is changing that equation. At SimpleClosure, Simple Closure, Inc. is building a fast-growing marketplace connecting companies with buyers looking for real-world data and code for AI training. Since launching AssetHub in April, 350+ companies have offered assets through the marketplace, representing nearly 500 million lines of code across 3,000 repositories, 1.7 million commits, 200,000 pull requests, and 3,200 contributors. In April Simple Closure, Inc. launched WorkSpace in beta, adding collaboration systems and docs, allowing Simple Closure, Inc. to increase returns to founders even further. Building the leading marketplace of real company data for AI training gives Simple Closure, Inc. a growing view into what buyers actually value. What Simple Closure, Inc. is seeing: company assets can represent tens of thousands to hundreds of thousands of dollars in value, and potentially even millions at enterprise scale. But more data doesn't necessarily mean more value. Simple Closure, Inc. dug into its data to understand the characteristics of the highest valued assets. Here's what Simple Closure, Inc. found. What could your company's assets be worth? Company size and history are a good starting point. More employees and more years operating generally mean more code, projects, decisions and proprietary data that could hold value. Simple Closure, Inc. has helped facilitate deals in the tens to hundreds of thousands of dollars for unique assets, including assets from companies that are still operating. And there isn't necessarily a ceiling. Larger companies with longer histories and larger bodies of usable data can represent significantly greater opportunities, with enterprise asset sales reaching into the millions. But company size alone doesn't determine value. What you've built, how differentiated it is and how difficult that data is to find can matter just as much. Your assets may be bigger than your codebase. Buyers aren't just looking for a dump of files. Increasingly, they want to understand how real work actually got done. A product launch, for example, might span GitHub code, Figma designs, Jira tickets, Slack conversations and documentation in Drive. Together, those systems capture the decisions and iterations behind the final output. Increasingly, buyers want to see that work in sequence, almost like a timeline of how a project moved from idea to decision to final output. And that context is already sitting inside the tools companies use every day. Among the workspaces Simple Closure, Inc. evaluated, 95% use Slack, 87% Google Drive and 82% GitHub. Together, these systems capture the context behind the work, which is increasingly where buyers see value. Surprisingly, AI tools were listed for sale in just 3% of workspaces today. Simple Closure, Inc. expect that number to grow as buyers increasingly seek data on how real-world companies use AI, and what business outcomes it can drive. "The opportunity isn't about selling everything a company has accumulated. It's about identifying the work that's genuinely proprietary, useful and difficult to recreate, and being thoughtful about what gets included. That's where we're seeing buyers place value." - Dori Yona, Co-founder and CEO, SimpleClosure Sellers remain in control of what's included. Sensitive employee, compensation and health information is excluded, and sellers determine what is in and out of scope. More code doesn't automatically mean more value. One of the clearest findings from its analysis: a bigger codebase isn't necessarily a better one. Across the codebases Simple Closure, Inc. analyzed, roughly 37% of raw code disappeared after removing third-party/generated code and internal duplication. The takeaway here: breadth beats bulk. Buyers care about what's actually proprietary and useful. Testing, documentation, engineering rigor and differentiation can matter more than sheer line count. You don't need the biggest codebase to have a valuable one. Scarcity can work in your favor. What buyers want most isn't always what exists in abundance. Its dataset spans everything from developer tools and fintech to enterprise SaaS, healthcare, media and industrials. Developer tools and infrastructure account for the largest share of code Simple Closure, Inc. has analyzed, although that may partly reflect the types of companies entering its dataset rather than buyer demand. Buyers are often looking for what's harder to find. Simple Closure, Inc. is seeing demand for data in industries like manufacturing, energy, banking and insurance, professional services and logistics, where real-world operational data can be much less abundant. The same applies to code. Roughly half of what Simple Closure, Inc. has analyzed is TypeScript or JavaScript, making less common languages and specialized datasets potentially more interesting. For founders, there's a counterintuitive upside: being in a niche industry can work in your favor. And you don't have to be an AI company to have data that's valuable to AI. What does an asset sale look like? You don't have to be shutting down to realize value from your assets. If you're still operating: licensing can create a new revenue stream while allowing you to continue using the underlying assets. If you're winding down: an outright sale can help capture additional value and return more to stakeholders. In either case, the process is relatively straightforward: The seller controls what's in scope, and sensitive information is removed or de-identified before any data is licensed to a downstream recipient. Your company may be worth more than you think. Years of building create more than a product. They create code, data and a record of how real work gets done. How much those assets are worth depends on their scale, quality, differentiation and scarcity. But there is now a market for assets founders may have historically left behind. Before assuming yours are worthless, understand what you actually have. So, what are your assets worth? Find out what the code, data and work your company has built could be worth. It's time to get the closure you deserve. Tell Simple Closure, Inc. about your business, Simple Closure, Inc.'ll build your custom dissolution plan.
SimpleClosure, a startup dissolution service, has launched Asset Hub, a platform enabling founders to sell assets from shutting down companies. The first product, Source Code, is now live, with Workspace Data in beta. The platform addresses an estimated trillions of dollars in abandoned startup assets annually, including codebases, documentation and operational knowledge. SimpleClosure has analysed approximately 3 billion tokens, with nearly 100 participating companies achieving a 20% success rate for source code sales, generating millions in total value. Demand for AI training data has driven growth, with demand-side contracts up 150% quarter over quarter. The company, backed by TTV Capital and others with over $20 million raised, plans to expand into domains, patents and physical equipment.
We are delighted to announce that famed tech incubator and investor, Y Combinator, will be taking part in Legal Innovators California, on June 11 + 12. At the same time we can also announce the members of our Startup Gallery at the landmark event in San Francisco.Plus, to provide additional insights into the field of investing into legal tech we will be hearing from Chris Fisher, Founder Managing Partner, Myriad Venture Partners, and Zach Abramowitz, CEO of Killer Whale Strategies.And, for the young companies taking part in our Startup Gallery – which we developed in order to support founders in the early stages of their business – each day we will be holding a pitch competition in front of the audience, with the prize simply the kudos of winning.At present we have the following taking part in the Startup Gallery section of the conference:. Riskaway – Risky is an AI legal agent for companies. Risky can autonomously complete legal tasks or engage human lawyers when needed.Beagle – Beagle is the end-to-end AI-native eDiscovery platform that speeds up document review, surfaces key info quickly, organizes findings, and provides insightsAi – Agentic AI for end-to-end patent prosecution litigation workflows in one secure, collaborative workspace.TrialKit – Simplify discovery review, save time on data management, streamline case preparation, and focus on strategic victories.SimpleClosure – Closing your startup is hard. We make it easy.LegalMed – Virtual Urgent Care Visit and Entry Injury Assessment with Legal Documentation PricingCrimson – the AI productivity platform designed for litigation lawyers.Answer case-specific questions, find key evidence and streamline case management.MyAIDrive – AI Workflows for All Your Documents. Chat with multiple PDFs for free! Unlock advanced AI agents, folder chat OCR. Now, back to Y Combinator
Build or invest: Carta acquired SimpleClosure, a startup branding itself as "the TurboTax of shutting down."
SimpleClosure, a company dissolution startup, has raised $15 million in Series A funding. The funding round was led by TTV Capital and included participation from The LegalTech Fund, along with other new and existing investors.
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Industries
Consulting
Enterprise Software
Legal
Company Size
51-200
Company Stage
Series A
Total Funding
$20.5M
Headquarters
Los Angeles, California
Founded
2023
Find jobs on Simplify and start your career today