A Better Way To Fail: How This Platform Aims To Turn Startup Shutdowns Into Something Salvageable
By Mary Ann Azevedo
Published on April 22, 2026.
Los Angeles-based startup SimpleClosure has launched Asset Hub, a marketplace for founders to recover value from their assets, from source code and operational data to domain names and equipment during the shutdown process. The company was founded in 2023 and has raised over $20 million from investors including Infinity Ventures, TTV Capital, Anthemis, The LegalTech Fund and Carta. The Asset Hub offers two initial offerings: Source Code and Workplace Data. SimpleClosure's CEO, Dori Yona, discusses the new product and the rise in startup shutdown activity, noting that in Q1 2026, 2.6x more companies closed compared to Q1 2025. The process for ending a startup is becoming more complex and more formal, with more formal valuation considerations or licensing opportunities. The move towards AI-based automation is being replaced by 'Cognitive Partner', which aims to help founders make nuanced decisions about the process.
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