Is License My Data legit? Who you would sign with, and who pays it

License My Data passes owners of business, clinical or video data to an unnamed “specialist processor” that de-identifies the material before it is licensed for AI training, and it says it is “paid out of the transaction”, not by the owner (as of October 2026). The owner is paid on each placement under a non-exclusive license, or once, upfront, by the processor for an exclusive buyout. Its business-data criteria describe operating companies of 30 or more employees, and the site is run by Minimus Ventures LLC of Newbury Park, California.

Who would I sign a license with?

The site does not name the party you sign with; it describes a processor that License My Data introduces and the licensees that receive the data. Its homepage describes three parties: the owner, who chooses what goes in and keeps ownership; a processor that “establishes the rights position and de-identifies the material — in your environment or theirs”; and a licensee that receives only de-identified material. Neither processors nor licensees are named. Its privacy policy says that if an enquiry leads to an introduction to a processing company, “we will tell you who before we do it.”

Scope is defined “in a signed exhibit — systems, date ranges and exclusions,” and the site says board, legal, finance, HR and M&A records can all be left out. It also says nothing on the site is an offer and no arrangement exists until a written agreement is signed. The site links a privacy policy but no terms of service, so the agreement you are shown is the first full statement of terms. Check whose name is on it: the processor’s, the licensee’s or both.

Who pays License My Data, and who pays me?

The deal pays you, and License My Data is paid from the same deal. As of October 2026 the site describes these payments:

Payment	Who pays	Who receives	What License My Data says
Non-exclusive license fee	Not stated	Your company	“paid on each” placement with a buyer. It does not say whether the money passes through the processor.
Exclusive buyout	The processor	Your company	“pays once, upfront, from a processor building its own library.”
License My Data’s fee	Not stated	License My Data	“Nothing is payable to us. We are paid out of the transaction.”
A fee to an introducer who brought you	You, if you agreed one	That introducer	“Any fee is between you and them.”
Commission for originating a deal	License My Data	Brokers and introducers	Shared under a written agreement covering origination, split and non-circumvention

“Paid out of the transaction” leaves open whether License My Data’s share comes out of the price before it reaches you, or is paid separately by the processor or licensee, and the site gives no amount. Ask for both in writing. The last row matters if someone else suggested License My Data to you: its brokers section says “There is a fee in it for you” to people who bring it archive holders and operating companies, and its enquiry form has an “I am a broker or introducer” option. Ask anyone who refers you whether License My Data pays them.

What does “six and seven figures” mean here?

A description of the market, not a record of License My Data’s own deals. The site says business-data “placements in this category have reached six and seven figures,” driven by headcount, the number of systems in use, how much history they hold and how distinctive the operational knowledge is. It does not say those placements were its own, gives no examples, and publishes no figures for clinical or video data. How much is my company’s data worth? sets out the ranges other providers publish.

Its two business tracks set the bar for who can apply:

• Operational knowledge (SOPs, documentation, project workflows, CRM metadata, internal communications): companies with “30 to 200+ employees, strong operational maturity, well-defined workflows.”
• Workplace records (email, CRM, project tools, finance software and code repositories): companies with 100 or more employees and four or more years of history across “three or more systems in active use.”

Should I take a non-exclusive license or an exclusive buyout?

Choose by whether you want one payment now or a payment each time the data is placed; License My Data offers both. A non-exclusive license “keeps your material available, so it can be placed with several buyers and paid on each”; an exclusive buyout “pays once, upfront, from a processor building its own library.” Either way, the site says “Ownership never transfers,” your company is never named to the buyer, your data is pooled with other sources, and every licensee signs NDA and non-circumvention terms with re-identification prohibited by contract.

It does not say how long a license lasts or how soon after signing either kind pays. Under a non-exclusive license, ask who decides on each further placement and how you will hear about it. Upfront payment or revenue share? covers the general trade-off.

Who runs License My Data, and what can I check?

A company, with no named people. The footer names Minimus Ventures LLC of Newbury Park, California, and the privacy policy calls it “a California limited liability company.” A listing of California business registrations shows a Minimus Ventures LLC registered there in March 2023 as a Delaware company, so ask which entity, formed in which state, would sign. The licensemydata.com domain was registered on September 5, 2026, the date on its privacy policy.

As of October 5, 2026 the site names no people, investors, processors or licensees, and claims no completed placement of its own. Data Licensing Report found no independent coverage of it. Because the processor handles your data and the processor or a licensee pays you, their names and records matter more to your deal than License My Data’s own; Is it a scam? covers how to check an unfamiliar party.

What should I ask License My Data before an introduction?

Before an introduction, find out which processor License My Data would introduce you to and which licensees that processor has placed data with. Ask whether the licensee or the processor pays you, and how soon after signing; how long a license lasts and what happens to the data when it ends; and which entity signs the agreement and where it is registered. Add the three questions raised above: License My Data’s own fee and who pays it, who approves further placements under a non-exclusive license, and whether the person who referred you earns a commission.