Updated November 2026
Is Polyshares legit? What can be verified and what cannot
Polyshares, Inc. names two managing partners, Nathan Mathews and Ryan Lock, and lists four deals, but keeps the sellers' names confidential, so no outsider can confirm those deals. Its site gives no state of incorporation, street address or terms of service, polyshares.com was registered on May 8, 2024, and the current site was first archived on September 23, 2026.1,2,3,4
A crypto site used polyshares.com in 2023. We found nothing tying it to today's Polyshares, so ask, and older reviews or complaints may not be about this business.4
Key facts
Polyshares in its own words and others'
| Fact | Value and source |
|---|---|
| Polyshares company details (October 30, 2026) | The footer reads "Polyshares, Inc." and the team page lists Nathan Mathews and Ryan Lock as managing partners; the site gives no state of incorporation, street address or phone number |
| polyshares.com history | polyshares.com was registered on 2024-05-08; a 2023 archive copy of the domain shows a crypto investment site |
| Polyshares deals it lists | Lists four deals with names kept confidential, among them a $300,000 general contractor, a $275,000 solar company and a $110,000 global marketing agency |
| Polyshares: published policies | polyshares.com/terms returns a not-found error and the footer has no terms link; its Privacy page covers site analytics only, not what happens to a company's licensed data |
On the record
What Polyshares puts its name to
Polyshares publishes a track record page with licenses such as $300,000 for a general contractor, $275,000 for a solar company and $110,000 for a marketing agency, and a homepage quoting an offer 1-2 weeks after intake with payment Net 30-60 once the data is approved, anonymized and delivered. Those are Polyshares' own statements. We found no press coverage of the company or either partner.2,5,6,1
The policies are thinner. polyshares.com/terms returns a not-found error, the footer has no terms link, and the Privacy page covers site analytics rather than what happens to licensed data. The fullest statement of how data is treated is its data handling page.3,7
Why owners ask
An older crypto site used this domain
A 2023 archive copy of polyshares.com shows a crypto investment site, and the domain's current registration dates from May 8, 2024. We found nothing tying that site to today's Polyshares, so ask, and old complaints or reviews under the name may be about that site and not this business.4
Polyshares' own pages also disagree in three places that affect a deal. Its track record calls its licenses perpetual and exclusive, while its data handling page says a defined term. Its homepage says any company with real operating history qualifies, while its October 2026 note to brokers asks for 50 or more employees. Its homepage also says no marketplace and no listing, while its data handling page describes buyer-portal listings that carry a code instead of your name.8,7,9,10,11
Five minutes
Four checks on Polyshares you can run yourself
Read the Trustpilot page with that in mind. The page for polyshares.com is an unclaimed profile listed as an investment and cryptocurrency service, and all 5 of its reviews are from 2023, before the current registration of May 8, 2024.12,4
Open polyshares.com in the Wayback Machine at web.archive.org and pick a 2023 date, so you can see the old site for yourself and tell it apart from any search results you find.4
Search for Polyshares, Inc. in a state business register. The site does not say which state, so Delaware's free name search is a reasonable start, and if nothing turns up, ask Polyshares where it is registered.1
Look up Nathan Mathews and Ryan Lock on LinkedIn, which the Polyshares footer also links to, and make sure the person writing to you is one of them or works with them. Polyshares pays people who refer companies, so the person contacting you may not work for it, and you can ask whether they earn a referral fee.1,13
What to ask
What Polyshares should give you before you send anything
Ask Polyshares for its state of incorporation and a street address, and for the agreement that would govern your deal, since no terms are published. Ask whether your license is perpetual or for a set term, and ask it to name the outside partner it says strips personal data, because the site does not. Then ask to speak with the owner behind one of the four listed deals. Polyshares may decline, but you will learn what it can back up.1,3,7,14
Polyshares says it charges sellers no fee and asks brokers for companies with 50 or more staff, three or more years in operation and five core systems, with exceptions for software codebases and for companies that are closing. If that is your company, our match checks it against Polyshares and the other buyers we work with, so you may have a second offer to weigh those answers against.15,10,16,17
Process
How it works with each buyer
In each buyer's own words. Where a buyer publishes nothing, we say so.
Check first
How to check Polyshares, or any buyer
The same checks for every company we profile. We state facts; you decide.
- 1.Find the company behind the ad: a legal name, a registered address and named people.
- 2.Ask for a written offer and a sample agreement before you send any data.
- 3.Ask who removes personal data, by what method, and approve it before anything is exported.
- 4.Ask which AI labs will receive the data, and whether you will be told.
- 5.Ask how they are paid: by you, by the buyer, or from a share of your deal.
- 6.Get terms from at least one other buyer before you answer.
Reader reviews
What people who worked with Polyshares say
7.9/10
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FAQ
Questions, answered with sources
Before you sign
Questions to talk through with your buyer
Every business is different, so these are best talked through with the buyer you're working with. Their team goes over them with you before anything is signed.
Questions for this kind of business
- Which company signs our license, and where is it registered?
- Do customer, supplier or platform contracts, NDAs or API terms restrict this?
Questions for any buyer
- Is the license exclusive, and for how long?
- Can you sublicense the data, and to whom?
- Which AI labs will receive it, and will you tell us?
- How long do you keep it, and how is it deleted?
- What is your liability cap, and who indemnifies whom?
- Will the contract ban re-identification of people in the data?
- Who removes personal data, by what method, and do we approve it first?