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Fees and disclosure

How Sleeping Asset is paid, and how we handle the conflict

The short answer

Sleeping Asset is paid by buyers, never by sellers. When a licence completes, the AI data buyer pays us an introduction or referral fee under its own published programme. Because that creates a conflict for an agent acting for you, we disclose every fee in writing before you sign and show you every offer, whatever it pays us.

On this page

Below we publish what each buyer could pay us and how AI data broker fees compare across the market.

Key points

  • You pay no valuation fee, retainer or success fee. If no licence completes, nobody pays us.
  • Published rewards differ a lot: USD 50,000 at micro1 on enterprise deals up to USD 700,000, 6% at Mode for a UK company, no published amount at Mercor1,7,4.
  • Being paid by the buyer, at rates that vary by buyer, is a conflict of interest. We manage it with written disclosure and your informed consent21.
  • On insolvency cases the estate pays nothing: the buyer pays our fee, disclosed in writing to the office-holder before any licence.

Who pays Sleeping Asset?

The buyer does. When a licence completes, the buyer pays Sleeping Asset an introduction or referral fee; the seller pays nothing at any stage.

The trigger is the buyer's own rules. micro1 pays only after the referred company's data has been transferred and approved1; Scale AI only if it signs a partnership agreement3; Mercor "when they become a paid partner"4. So we are paid late, and only if your deal completes.

The fee is a separate payment from the buyer to us, not a deduction from what your licence pays you. Buyers do not publish whether they factor referral costs into their offers, so we cannot tell you that.

What could we earn from each buyer?

This table shows each buyer's published referral reward, its conditions and what it says about UK companies. Amounts are in US dollars, as published, and every row is dated because programmes change often.

Buyer Published referral reward Key conditions What it says about UK companies Checked on
micro1, Enterprise Data Partnership USD 50,000 for deals up to USD 700,000, or 7.5% of the whole deal value for deals above USD 700,0001 Company registers itself through the referrer's unique link and completes its own data manifest; manual introductions do not replace this; no retroactive attribution; paid after data is approved1 "US and Western markets"; FAQ says demand is strongest in the US, UK and Canada1,2 12 Nov 2026
micro1, Defunct Company Data Partnership micro1's page shows USD 75,000 for deals up to USD 1 million, or 7.5% of the whole deal value above that size1. See the note below the table As above; 30 or more employees; English1 "10+ Countries"; UK not named1 12 Nov 2026
Scale AI "Up to USD 50,000"3 Paid only if Scale signs a partnership; one referral per deal3 No position stated on its own page3 12 Nov 2026
Mercor No amount published4 An "up to USD 100K per referral" figure appeared in July 2026 and was gone by 22 September 20265,6 No position stated on its own page4 12 Nov 2026
Mode (BizBuyData.com) US: greater of USD 50,000 or 6% for the first five deals. Outside the US: 6%, no minimum7 Its referral page says 10 or more staff (legal), 15 or more (accounting, medical, finance), 50 or more (others)7; its main site shows lower floors (see the buyers page) "United States, Canada, United Kingdom, and Australia only"7 12 Nov 2026
Ventra 50% of what Ventra makes when a referred company signs9 Ventra's margin is not published, so the amount cannot be worked out in advance Sellers with 30 or more staff in the US, UK or Canada10 12 Nov 2026
Grepped 50/50 split of Grepped's spread11 Spread not published No position stated on its own page11 12 Nov 2026
Polyshares No referral programme found; no fee to sellers12 Not applicable No position stated on its own page12 12 Nov 2026

micro1's reward for companies no longer operating may be changing. micro1's own page, checked 12 November 2026, shows USD 75,0001. A third-party report says new defunct-company referrals move to the same USD 50,000 terms as enterprise deals from 8 November 2026, except for applications made by 7 November24. We will confirm with micro1 which terms apply before either figure appears in a fee disclosure to you.

Mode's October press release gave the reward simply as the greater of USD 50,000 or 6%8; its referral page, which we use, now pays 6% with no minimum outside the US7. No buyer endorses or partners with Sleeping Asset. We ask each buyer to confirm in writing that it accepts UK companies, and Augustova Ltd as a referrer, before we introduce you. What each buyer pays sellers is on our buyers page.

Worked examples (arithmetic, not forecasts). A USD 300,000 micro1 enterprise licence would pay us USD 50,000; a USD 1,000,000 one, 7.5% or USD 75,0001. A Mode licence paying a UK company USD 300,000 would pay us 6%, or USD 18,0007. The same licence could earn us USD 50,000 or USD 18,000 depending on the buyer. That gap is why the next section exists.

Why is being paid by the buyer a conflict, and how do we manage it?

An agent who acts for you but is paid by the other side has a conflict of interest. The law's answer is full disclosure and your fully informed consent, so that is what we give you, in writing, before you sign.

In Hopcraft v Close Brothers (1 August 2025), the Supreme Court described a "secret commission" as a payment to an agent made without the principal's knowledge and consent21. It said a fiduciary's liability to account for profits "can be avoided if full disclosure (of all material facts) is made and the principal gives his or her fully informed consent"21. We act for the seller, so we hold ourselves to that standard: full written disclosure, and your consent before you sign.

Our rules:

  1. Written fee disclosure before you sign: each shortlisted buyer's reward, its conditions and what we expect to receive in your case.
  2. Every offer shown, including from buyers that pay us less, or nothing.
  3. Reasons on file. If our preferred buyer also pays us more, we say so.
  4. Every buyer payment in the disclosure. Whatever a buyer would pay us in connection with your licence is in the written disclosure you see before you sign.
  5. Your decision. You choose the buyer, or none, and your own solicitor approves the licence. See how it works.

What do AI data brokers and agents charge?

AI data broker fees follow three models: the buyer pays the agent, the seller pays the agent a success fee, or both. None is wrong in itself; what matters is knowing which applies, how much it is, and whether you are told in writing before you sign.

Firm Who pays the agent Fee, in the firm's own words where published Source
Sleeping Asset Buyer An introduction or referral fee under the buyer's own programme, disclosed to you in writing before you sign; sellers pay nothing This page
AIData.Broker Buyer Buyers "pay us for it, so it costs you nothing" 17
AI Training Data Broker Buyer "The AI lab buying the data pays our broker fee" 18
Cognor Labs Buyer "You never pay us" 19
OpenTrain AI Buyer A buyer "may pay us a referral reward" 20
Pewter Data Seller 10% of the licence price, paid only when a deal closes 13
Jottings Seller Typically 20 to 30% of proceeds, agreed in writing first 14
Your Data Value Both A percentage of what clients are paid15 15
Polyshares No intermediary Buys direct: "No fee, no commission. We pay you." 12

Checked 12 November 2026; the AIData.Broker row is from a capture made on 11 November 2026, because its live page returned a security checkpoint to automated readers17.

A seller-paid fee lines the agent up with your price; a buyer-paid fee costs you nothing directly but creates the conflict above. For what to ask any agent before you sign, see how to choose an AI data broker or licensing agent.

What happens if a buyer has no referral programme?

You still pay nothing, and we earn nothing from that buyer. We tell you at shortlist stage which buyers would pay us nothing, and we still put their offers in front of you.

It happens two ways. Some buyers publish no programme: we found none at Polyshares12. And fees are lost on attribution: micro1 will not credit a referral if your company registered first1, and Scale AI pays one referrer per deal3.

How do fees work on insolvency cases?

The estate pays nothing. The buyer pays our fee, and we disclose it in writing to the office-holder before any licence, so it can be reported to creditors.

  • SIP 9 (England and Wales, effective 1 April 2021) asks office-holders to disclose payments to themselves and their associates, and to treat anyone a reasonable and informed third party might see as associated as an associate22.
  • The Insolvency Code of Ethics (from 1 October 2025) bars the insolvency practitioner, their firm or an associate from accepting referral fees during an appointment unless they are paid into the estate and disclosed23.

See our insolvency practitioners page and the office-holder guide.

Accountants and advisers can read how introducing a client works. Who we are is on our About page and the service on our homepage. Start with a free valuation, and read how personal data is removed in our anonymisation standard.

Ask for our written fee disclosure on a free, confidential 30-minute call. We reply within one working day.

FAQ

Questions about AI data broker fees

Do sellers pay Sleeping Asset anything?

No. Sellers pay no valuation fee, retainer or success fee. When a licence completes, the buyer pays Sleeping Asset an introduction or referral fee under its own published programme, such as micro1's USD 50,000 on enterprise deals up to USD 700,0001. That fee is separate from your payment, and we disclose it in writing before you sign.

Why would a buyer pay you if you act for the seller?

Buyers want introductions to established companies with years of records, and micro1, Scale AI, Mercor, Mode and Ventra all publish referral programmes to get them1,3,4,7,9. The buyer pays for the introduction, not our loyalty. Because the payment comes from the other side of your deal, we treat it as a conflict, managed by written disclosure and your informed consent.

Will you recommend the buyer that pays you most?

Not because it pays us most. Rewards differ: on a USD 300,000 licence, micro1's programme would pay us USD 50,000 and Mode's 6%, or USD 18,000, for a UK company1,7. So we show you every offer, including from buyers that pay us nothing, give our reasons in writing, and say plainly when our preferred buyer also pays us more.

When do you tell us what you will earn?

Before you sign anything with a buyer, and usually before you register with one. Once we agree a shortlist, we send a written fee disclosure listing each buyer's published referral reward, its conditions and what we expect to receive in your case, in the buyer's currency. If a buyer changes its programme before you sign, we update the disclosure.

What happens if the buyer pays no referral fee?

You still pay nothing, and we earn nothing from that buyer. Some buyers, such as Polyshares, publish no referral programme, and others will not pay us if your company registered with them before working with us. We tell you at shortlist stage which buyers would pay us nothing, and we still put their offers in front of you.

Sources

  1. 1micro1, Refer a company to micro1, earn USD 50,000+ (process, reward table and FAQ)micro1.ai · Read 12 Nov 2026
  2. 2micro1, Monetize your company's operational data (data partnerships page and FAQ)micro1.ai · Read 12 Nov 2026
  3. 3Scale AI, Data Partnerships (FAQ: How do referrals work?)scale.com · Read 12 Nov 2026
  4. 4Mercor, Mercor Data (Refer a business)mercor.com · Read 12 Nov 2026
  5. 5UsagePricing, Mercor discloses a USD 100K company-referral bonus cap on its Data page, 29 Jul 2026usagepricing.com · Read 12 Nov 2026
  6. 6UsagePricing, Mercor rebuilds data monetization: payout base doubles to 100+ tools, USD 100K referral figure withdrawn, 22 Sep 2026usagepricing.com · Read 12 Nov 2026
  7. 7Mode, Refer a Company. Earn USD 50,000+ (referral programme terms)data.mode.inc · Read 12 Nov 2026
  8. 8Mode.Inc via Business Wire on Yahoo Finance, Mode.Inc Launches USD 5 Billion Enterprise Data Monetization Initiative, 13 Oct 2026 (paid press release)finance.yahoo.com · Read 12 Nov 2026
  9. 9Ventra, homepage (referral partner programme)joinventra.com · Read 12 Nov 2026
  10. 10Ventra, Company datajoinventra.com · Read 12 Nov 2026
  11. 11Grepped, homepage (Partner with us)grepped.ai · Read 12 Nov 2026
  12. 12Polyshares, homepage and FAQpolyshares.com · Read 12 Nov 2026
  13. 13Pewter Data, homepage and FAQpewterdata.com · Read 12 Nov 2026
  14. 14Jottings, We get paid when you do (How we get paid)jottings.ai · Read 12 Nov 2026
  15. 15Your Data Value, homepage (How it works and legal footer)yourdatavalue.com · Read 12 Nov 2026
  16. 17AIData.Broker, homepage (screenshot capture; live page returned a security checkpoint to automated readers)aidata.broker · Read 11 Nov 2026
  17. 18AI Training Data Broker, homepage and FAQaitrainingdatabroker.com · Read 12 Nov 2026
  18. 19Cognor Labs, homepage and FAQcognorlabs.com · Read 12 Nov 2026
  19. 20OpenTrain AI, Sell or License Company Data to AI Buyers in the UK (disclosure)opentrain.ai · Read 12 Nov 2026
  20. 21UK Supreme Court, Hopcraft and another v Close Brothers Ltd and related appeals [2025] UKSC 33, press summary, 1 Aug 2025supremecourt.uk · Read 12 Nov 2026
  21. 22ICAEW, Statement of Insolvency Practice 9 (England and Wales), Payments to insolvency office holders and their associates from an estate, effective 1 Apr 2021 (PDF)icaew.com · Read 12 Nov 2026
  22. 23ICAEW, Insolvency Code of Ethics 2025, applies from 1 Oct 2025 (PDF), sections 2330 and 2340icaew.com · Read 12 Nov 2026
  23. 24Onfolio Reviewed, Companies That Buy Business Data for AI (2026): 9 Compared, 21 Oct 2026, updated 7 Nov 2026 (secondary source; discloses it may earn a referral fee from Polyshares)onfolio.com · Read 12 Nov 2026

Every source was read on the date shown. Buyers change their terms often; if you spot something out of date, email support@sleepingasset.com and we will correct it.