Pewter

For established US business owners

AI developers may pay license fees for your firm's records.

Labs license de-identified copies of the email, files and operating records firms already keep. Deals published in 2026 ran from about $110,000 to $1.2 million, and some firms receive less or no offer. Pewter sizes your records, brings you a written offer from our licensing partner and coordinates the deal through payment.

Start without filesOwners pay nothingWritten approval of every term is yours

Indicative range

$385K to $895K

Example: a 100-person firm, 10 years in business. Move the sliders for yours.

100
10

A scenario, not a valuation. Many firms are offered less, and some receive no offer once their records are reviewed.

Get a real estimate

Range from our licensing partner's payout model for US firms (October 2026), using headcount and years in business only. What your records hold, who owns them and what a buyer accepts decide the real number.

Could your firm qualify?

Signs of a suitable records fit

  • 20+ peopleFull-time employees, now or at your peak.
  • 3+ yearsEmail, files and records that remain available.
  • US-basedEnglish is the main working language.
  • Any statusStill eligible if operating, winding down or closed, as long as records remain.

    Demand is strongest for records that capture skilled work in a stepwise way: accounting, logistics, construction, engineering, distribution, manufacturing, trades and professional services. Some regulated, privileged or third-party records can be excluded. Satisfying these criteria does not ensure an offer.

  • Questions before you start

    Questions owners bring to their first call

    Is this an actual opportunity, or just a pitch?

    There is a real market. According to our licensing partner, firms with 60 to 100 people have received $350,000 to $650,000. A federal court filing also shows Google's $10 million winning bid for Spirit Airlines' records. Those transactions involved other firms, not us. You'll receive your offer in writing before making a commitment, and many firms are offered less than these amounts.

    What will it cost me?

    You pay nothing at any point. When a transaction closes, Pewter receives a fee from its licensing partner. No completed deal means no fee.

    Who handles each part, and who is your client?

    Pewter qualifies and finds the opportunity, assesses your records, presents the offer and coordinates the transaction. The offer comes from its licensing partner, who pays you and signs the license with you. You'll know the partner's identity before signing anything. Because the partner pays Pewter's fee, Pewter isn't your lawyer or agent. Pewter isn't a law firm or registered broker-dealer, and recommends that your own counsel review the agreement.

    Will my data be taken away?

    No. The license covers an agreed copy that is de-identified. You keep your original files and ownership of them stays the same.

    Could staff or clients be identified?

    Before delivery, contact details, names, payment details, credentials and account numbers are removed or replaced. Regulated, privileged or third-party records may be excluded. Since no method eliminates every risk, you review a sample and the process before signing. How records are handled.

    Who has access to my records before I sign?

    Only with your permission. Pewter might ask you for a small sample to assess quality before an offer; Pewter or its licensing partner may review it. You decide what goes in and may decline. The complete export happens only once you sign.

    What will users do with the data?

    Authorized AI developers will train and evaluate models with the data, as your agreement defines. The terms you approve specify exclusivity and permitted uses. Our free owner's guide, Before You Sell Your Data, covers terms and questions to resolve before you sign.

    How much time will this require from my team?

    Expect to spend a few hours on two or three calls and a short inventory of your systems. For an export, your IT person or provider handles the run while Pewter coordinates. No one has to generate new data or tidy anything up.

    What if I don't know what data we have?

    That's true for most owners. On the call, tell us which tools you've used over time, including email, shared drives and your operating or accounting system, and we'll identify what's available. Prefer to estimate the amount yourself first? Our free guide explains how to locate the figures in Slack, Google, Microsoft 365 and a dozen other tools.

    Why move now?

    Purchases are underway at labs. A single AI data company has committed $1 billion for the next twelve months. The valuable material is your retained history: once subscriptions lapse or a business winds down, deleted archives take that value with them.

    Roles and responsibilities

    You retain control; we take care of the work.

    From the initial estimate until payment, Pewter is your contact. Its licensing partner pays you, makes the offer and signs the license with you.

    What you'll do

    A few hours

    • Respond to several questionsTwo minutes is all it takes; no files or logins are needed.
  • Join two or three callsEach call is about 30 minutes.
  • Fill out a brief data inventoryIdentify the systems in use and the number of years you have used each.
  • Review a sample, then approve the termsYour lawyer can examine the agreement. Licensing won't happen unless you sign.

    What Pewter handles

    • SizingPewter gives you a clear answer on whether your records are likely to sell.
  • Negotiation and the offerAn offer comes from the licensing partner. Pewter presents it in writing and discusses exclusivity, scope and price with you.
  • De-identification and exportPewter works with your IT person. Before delivery, identifying details are removed.
  • Payment and closingPewter tracks each agreement milestone through payment.

    No cost if there is no offer

    It costs nothing to ask

    Owners never pay a fee, and may leave the process at any time. Pewter might request permission to inspect a small sample before an offer to assess quality. The complete export takes place only when you have approved the terms in writing. How records are handled.

  • For data buyers and AI labs

    Need data to buy? Let us know what you want next.

    We work with owners of established US firms whose operating records can't be found on the open web. Describe the sector, workflow and volume you need, and we'll tell you honestly whether we can source it.

    • Records from real operationsSystem records, tickets, email and documents from distribution, logistics, accounting, engineering, trades and services businesses.
  • Owners who have agreedBefore delivery, every firm puts its approved terms and exclusions in writing.
  • Under written terms, de-identifiedA license agreement defines the scope and permitted use; identifying details are removed before delivery.
  • The people you'll work with

    Introducing the team

    The three enterprise sellers built their careers around buying decisions at large companies. Chelunor and Troy first met as Gartner sales interns, and Troy later worked alongside Nick at OpenWater. Pewter Data began in October 2026. Learn more about us.

    Chelunor (Lawrence) Nwajei

    Chelunor (Lawrence) Nwajei

    Managing Partner · New York

    For a decade, sold data and AI products to CIOs and security and legal teams at Dell, Adobe and Salesforce. Responsible for seller relationships and deal structure.

    LinkedIn
    Nick Konstantinidis

    Nick Konstantinidis

    Managing Partner · St. Pete Beach

    Nick co-founded BuzzLead and leads its research and targeting; his earlier roles were at OpenWater and Paychex. Responsible for market research and seller sourcing.

    LinkedIn
    Troy Aitken

    Troy Aitken, MBA

    Managing Partner · St. Pete Beach

    After beginning at Gartner, he held sales roles at OpenWater and Flock Safety before co-founding BuzzLead. Responsible for outreach and the commercial process.

    LinkedIn

    Request an estimate

    Check whether your records might sell

    Indicative range

    $385K to $895K

    Example: 10 years in business · 100 employees

    • A call comes within one business dayLawrence or Troy will ask what you have and offer a realistic assessment.
  • Kept confidentialNo files are requested. With your consent, your firm's name, size and industry are shared with our licensing partner so it can prepare an offer.
  • No offer means no costYou may leave at any time before signing.

    There is no cost or obligation, and we call within one business day.

    Prefer to talk first? Book a call