Venture Track
This document is an unreviewed draft. It still contains unfilled placeholders and has not been reviewed by legal counsel. It is not yet binding and must not be relied on.

Venture Track — Terms of Service

Effective date: [DATE] Last updated: [DATE]

DRAFT — NOT LEGAL ADVICE. Generated by an AI assistant and not reviewed by a lawyer. See docs/legal/README.md before publishing.

These Terms of Service ("Terms") govern your access to and use of the Venture Track platform ("Service"), operated by [LEGAL ENTITY NAME], a [STATE/COUNTRY] [ENTITY TYPE] ("Venture Track", "we", "us").

By accessing the Service, accepting an invitation, or clicking to accept these Terms, you agree to be bound by them. If you are agreeing on behalf of a firm or other organization, you represent that you have authority to bind that organization, and "you" refers to that organization.

1. The Service

Venture Track is a subscription software platform that monitors public and licensed information sources for signals relevant to companies you track, and produces analysis of that information with citations to underlying sources.

1.1 What the Service is not

The Service does not provide investment advice. Nothing produced by the Service is a recommendation to buy, sell, or hold any security or interest in any company, and nothing in it should be treated as a substitute for your own due diligence or professional advice.

Venture Track is not a registered investment adviser, broker-dealer, or financial advisor in any jurisdiction. You are solely responsible for investment decisions you make.

1.2 About automated analysis

The Service uses automated systems, including large language models, to summarize and analyze source material. These systems can produce output that is incomplete, out of date, or incorrect, including output that appears well-supported but is not.

The Service is designed to attach source citations to factual claims so you can verify them. That design does not relieve you of the obligation to verify. You must independently confirm any material fact before relying on it. We make no warranty that any analysis, score, summary, or signal is accurate, complete, or fit for any particular decision.

2. Accounts and access

2.1 Eligibility and invitations

Access is currently by invitation. Invitations are issued to a specific email address, are single-use, and expire. You may not transfer an invitation.

2.2 Account security

You are responsible for all activity under your account and for maintaining the confidentiality of sign-in links and credentials. Sign-in links sent by email grant access to your account; treat them as you would a password. Notify us promptly at [SECURITY EMAIL] if you believe your account has been accessed without authorization.

2.3 Seats and users

Subscriptions are licensed per seat. A seat is assigned to one named individual and may not be shared between people. You may reassign a seat when someone leaves your organization. Adding users beyond your purchased seat count requires purchasing additional seats.

2.4 Your administrators

Users you designate as firm administrators can manage your organization's users, billing, and data, including deleting data and cancelling the subscription. You are responsible for who you grant that role to.

3. Your data

3.1 Ownership

You retain all rights to the data you upload, enter, or generate through the Service ("Customer Data"). We claim no ownership of it.

3.2 Our licence

You grant us a limited, non-exclusive licence to host, process, transmit, and display Customer Data solely to provide the Service to you, to maintain and improve its security and reliability, and as otherwise permitted by these Terms and our Privacy Policy.

3.3 Confidentiality and isolation

Customer Data is confidential. We do not sell it, and we do not disclose it to other customers. The Service is multi-tenant, and access controls restrict each organization's data to that organization's users.

3.4 Model training

We do not use Customer Data to train machine-learning models, and we contract with our model providers on terms that prohibit them from doing so. See the Privacy Policy for the current list of subprocessors.

3.5 Your responsibilities for Customer Data

You represent that you have the rights necessary to provide any Customer Data you submit, and that submitting it does not violate any confidentiality obligation, non-disclosure agreement, or applicable law. You are responsible for determining whether material non-public information may lawfully be uploaded.

4. Acceptable use

You may not:

  • resell, sublicense, or provide the Service to third parties as a service;
  • use the Service to make automated trading decisions without human review;
  • reverse engineer the Service or extract its underlying models or data other than your own Customer Data;
  • scrape, bulk-export, or systematically extract source content or signals except through features we provide;
  • circumvent usage limits, seat limits, or access controls;
  • upload malicious code, or use the Service to gain unauthorized access to any system;
  • use the Service in violation of securities laws, including in furtherance of insider trading or market manipulation.

We may suspend access without notice where we reasonably believe continued access presents a security risk or a risk of legal liability.

5. Third-party sources

The Service aggregates information from third-party sources, including news publishers, academic databases, patent offices, regulatory filings, and market data providers. We do not control and are not responsible for the accuracy, availability, or licensing of third-party content. Source availability may change, and features that depend on a particular source may change or be withdrawn.

Links and citations to third-party materials are provided for verification and do not imply endorsement.

6. Fees, trials, and billing

6.1 Free trial

New organizations receive a 30-day free trial. No payment method is required to begin. At the end of the trial, access to paid features stops unless you have started a paid subscription. We may extend a trial at our discretion.

6.2 Subscription fees

Fees are per seat, billed monthly or annually in advance, in US dollars, at the rates shown at the time of purchase. Annual subscriptions are billed for the full term at the start of that term.

6.3 Payment

Payments are processed by Stripe. By subscribing, you authorize us to charge your payment method on a recurring basis until cancelled. We do not store your full payment card details.

6.4 Automatic renewal

Subscriptions renew automatically at the end of each billing period at the then-current rate, until cancelled. You may cancel at any time through the billing portal; cancellation takes effect at the end of the current period.

6.5 Seat changes

Adding seats mid-period is charged on a prorated basis. Reducing seats takes effect at the next renewal; we do not refund unused seats mid-period.

6.6 Usage limits

Each plan includes limits on tracked companies, watchlists, and analyses per month. Reaching a limit restricts the corresponding feature until the next period or an upgrade. We will not silently bill you for exceeding a limit.

6.7 Price changes

We may change prices with at least 30 days' notice before the change takes effect for you. Changes never apply to a term already paid for. If you do not accept a price change, you may cancel before it takes effect.

6.8 Failed payments

If a payment fails, we will retry and notify you. Access may be suspended if payment remains outstanding after the retry period. See the Refund Policy for refunds.

6.9 Taxes

Fees exclude taxes. You are responsible for applicable sales, use, VAT, or similar taxes, which may be added at checkout.

7. Term, suspension, and termination

7.1 Term

These Terms apply while you have an account.

7.2 Your termination

You may cancel at any time. Cancellation stops future billing; it does not retroactively refund the current period except as set out in the Refund Policy.

7.3 Our termination

We may suspend or terminate your access if you materially breach these Terms and do not cure the breach within 15 days of notice, or immediately in the case of unlawful use, security risk, or non-payment after the retry period.

7.4 Effect of termination

On termination, your right to access the Service ends. You may export Customer Data during the subscription and for 30 days afterward. After that period we delete Customer Data in accordance with the Privacy Policy, except where retention is legally required.

8. Service availability and support

We aim for high availability but do not commit to a specific uptime percentage under these Terms. Scheduled maintenance and third-party source outages may affect the Service. Any uptime commitment must be agreed in a separate written agreement.

Support is provided by email at [SUPPORT EMAIL] during business hours. Plan tiers may include differing response expectations as described at purchase.

9. Intellectual property

The Service, including its software, interface, models, scoring methodology, and documentation, is owned by us and our licensors and is protected by intellectual property law. These Terms grant you a limited, non-exclusive, non-transferable right to use the Service during your subscription. No other rights are granted.

Feedback you provide may be used without restriction or obligation to you.

10. Disclaimers

EXCEPT AS EXPRESSLY STATED IN THESE TERMS, THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED OR ERROR-FREE, OR THAT ANY OUTPUT, ANALYSIS, SIGNAL, SCORE, OR CITATION WILL BE ACCURATE OR COMPLETE.

11. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW:

(a) NEITHER PARTY IS LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR LOST PROFITS, LOST REVENUE, LOST INVESTMENT RETURNS, OR LOST DATA, EVEN IF ADVISED OF THE POSSIBILITY.

(b) OUR TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS WILL NOT EXCEED THE AMOUNT YOU PAID US IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

(c) WITHOUT LIMITING THE ABOVE, WE ARE NOT LIABLE FOR ANY INVESTMENT DECISION MADE IN RELIANCE ON THE SERVICE, OR FOR ANY LOSS ARISING FROM INACCURATE, INCOMPLETE, OR OUT-OF-DATE INFORMATION.

These limits do not apply to liability that cannot be limited by law, or to either party's breach of confidentiality obligations.

12. Indemnification

You will defend and indemnify us against third-party claims arising from (a) Customer Data you submitted, including claims that it infringes rights or was submitted in breach of a confidentiality obligation, or (b) your use of the Service in violation of these Terms or applicable law.

13. Changes to these Terms

We may update these Terms. For material changes we will give at least 30 days' notice by email or in-product before they take effect. Continued use after the effective date constitutes acceptance. If you do not accept a material change, your remedy is to cancel before it takes effect.

14. General

Governing law. These Terms are governed by the laws of [JURISDICTION], without regard to conflict-of-laws rules. The parties submit to the exclusive jurisdiction of the courts of [VENUE].

Entire agreement. These Terms, the Privacy Policy, the Refund Policy, and any DPA form the entire agreement between the parties on this subject.

Assignment. You may not assign these Terms without our written consent. We may assign them in connection with a merger, acquisition, or sale of assets.

Severability. If any provision is unenforceable, the rest remains in effect.

No waiver. Failure to enforce a provision is not a waiver of it.

Notices. Legal notices to us: [LEGAL NOTICE ADDRESS]. Notices to you: the email address on your account.

Contact: [LEGAL EMAIL] · [REGISTERED ADDRESS]