Effective: August 12, 2019
Information We Collect
Information you provide us.
We receive information about you if you choose to provide it to us, such as when you register for and create a profile on our Website. This information may include your name, address, phone number, email address, photo, Social Security number, date of birth, net worth, income, status as an accredited investor, your biography, and your website. If you choose to invest in a business through our Website, we will collect payment information from you, such as financial account information or payment card information, and we may collect information to verify your income, such as a bank statement or W-2 form. Please note that we do not store your payment card information, but we do store other financial information. If you choose to add an investment entity to your profile, we will also collect information about the entity.
If you would like to raise funding for your business with our Website, we collect information about you and your business, your fundraising terms, and payment information.
We also collect information when you post questions or comments on our Website, send or receive direct messages from other users, or when you contact us, including via email, phone, or social media.
When you visit our Website.
We automatically collect certain information when you use our Website, including: (i) information about your interaction with our Website, including the actions you take, the pages or other content you view or otherwise interact with, and the dates and times of your visits; and (ii) device information, such as your IP address, operating system information, and web browser and/or device type and language.
Information from other sources.
In order to provide the services on our Website, including verifying your identity and other information you provide us, we collect information about our users from third parties and combine it with other information we receive from or about our users.
Third party services.
If you decide to register through or otherwise grant access to a third party social networking or authentication service that we may make available (“Integrated Service”), such as LinkedIn we will collect certain personal information that you have provided to the Integrated Service (such as your name, email address, photo, and other information you make available via the Integrated Service) and an authentication token from the Integrated Service. The personal information collected from the Integrated Service may be used to register you on our Website and to provide some of the features of our Website. You may revoke our access to your account on the Integrated Service at any time by updating the appropriate settings in the account preferences of the respective Integrated Service. You understand that certain features of our Website may not be available to you if you choose to remove our access to your account with the Integrated Service.
Cookies and other technologies.
When you visit our Website, we and our service providers collect certain information through the use of “cookies” and other technologies to better understand how our users navigate through our Website, learn what content is being viewed, and administer and improve our Website. Cookies are small text files that web servers place on an internet user’s computer that are designed to store basic information and to recognize your browser. We may use both session cookies and persistent cookies. A session cookie disappears after you close your browser. A persistent cookie remains after you close your browser and may be used by your browser on subsequent visits to our Website. We use Google Analytics cookies for data analytics purposes, and you can find more information on how Google uses data from these cookies at www.google.com/policies/privacy/partners/. Please consult your web browser to learn the proper way to modify its cookie settings. Please note that if you delete, or choose not to accept, cookies from our Website, you may not be able to utilize the features of our Website to their fullest potential.
How We Use Information We Collect
We may use the information that we collect for the following purposes:
To provide, improve, and personalize our Website;
To monitor and analyze usage trends and preferences;
To process payments and investments;
To communicate with you, including for administrative, informational, promotional, and marketing purposes, and to respond to your requests or inquiries;
How We Share Information We Collect
Businesses You Invest In.
We may share your information with businesses that you invest in. The information about you that we share with the businesses you invest in may include your public profile information.
Other Users and the Public.
Please note that your profile page is viewable by other users. Any comments or information you submit or share on areas of the Website, such as questions for founders, your bio, or a description of your business, can be read, collected, or used by other users. We are not responsible for the information you choose to submit or share on the public areas of our Website, such as your public profile. We also share your information with other users when you send or receive direct messages from other users. Affiliates, Banks, and Partners. In order to provide the services on our Website, we may share your information with our affiliates and third parties, such as banks, portfolio companies, investment banking firms, accountants, and similar entities.
We use service providers to provide certain services to us, such as analytics services, fraud detection, payment processing, and advertising and marketing services. We only provide our service providers with the information necessary for them to perform these services. Our analytics providers may collect information about your online activities over time and across different online services when you use our Website.
We may disclose information about you to third parties if (a) we believe that disclosure is reasonably necessary to comply with any applicable law, regulation, legal process, or governmental request, (b) to enforce our agreements, policies, or terms of service, (c) to protect the security or integrity of our Website, (d) to protect the property, rights, and safety of us, our users, or the public, (e) to respond in an emergency which we believe in good faith requires us to disclose information to assist in preventing the death or serious bodily injury of any person, or (f) to investigate and defend ourselves against any third-party claims or allegations.
Choices You Have With Your Information
You can update the information you provided us by accessing your account settings. Through your account settings, you can also hide some portions of your profile from other users or the general public on the Internet as well as hide your profile from search engines that collect information from our websites.
You can also opt out of promotional email communications at any time by clicking on the unsubscribe link in an email your received from us. You can also update your communication preferences through your account settings on our Website.
Links to Other Websites
Security of Your Information
The security of your information is important to us. We have implemented reasonable security measures to help protect the information in our care. However, no data transmission over the Internet or method of storage is 100% secure. As a result, while we strive to protect your information, we cannot and do not guarantee or warrant the security of information collected or otherwise obtained by us in connection with our Website.
Our Website is not intended for children under the age of 13, and we do not knowingly collect personal information from children under the age of 13. If we learn that we have collected the personal information from a child under the age of 13, we will take steps to delete the information. If you are aware that a child under 13 has provided us with personal information, please contact us at firstname.lastname@example.org.
Do Not Track
Some web browsers incorporate a “Do Not Track” (DNT) feature. Because there is not yet an accepted standard for how to respond to a DNT signal, our websites do not currently respond to such signals.
Processing in the United States
ELECTRONIC CONSENT AND ELECTRONIC DELIVERY OF DOCUMENTS
I agree that any time I click or have clicked on an “I Agree,” “I Consent” or other similarly worded button or entry field with my mouse, keystroke or other device, my agreement or consent is legally binding and enforceable against me and is the legal equivalent of my handwritten signature on an agreement that is printed on paper. I agree to be bound by any affirmation, assent or agreement that I transmit, or have transmitted, to or through this website (the “Platform”) by computer or other electronic device, including internet, telephonic and wireless devices, including but not limited to any consent I give or have given to receive communications from Fundr Capital, Inc. or any of its affiliatesrr(“Fundr”) solely through electronic transmission.
I understand that, to the fullest extent permitted by law, any notices, disclosures, forms, privacy statements, reports or other communications, including any tax-related information or documents to the extent provided below (collectively, “Communications”), regarding the investments available on the Platform, and my investment in any such investments, may be delivered by electronic means, such as by e-mail or through Fundr.ai. I consent to electronic delivery as described in the preceding sentence. In so consenting, I acknowledge that e-mail messages are not secure and may contain computer viruses or other defects, may not be accurately replicated on other systems or may be intercepted, deleted or interfered with, with or without the knowledge of the sender or the intended recipient. I also acknowledge that an e-mail from Fundr may be accessed by recipients other than me and may be interfered with, may contain computer viruses or other defects and may not be successfully replicated on other systems. I understand that Fundr gives no warranties in relation to these matters.
I consent to the delivery of tax documents (such as Internal Revenue Service (“IRS”) Form 1099-INT) through Fundr.ai. I understand that I may withdraw this consent before my tax document is furnished. In providing this consent, I also acknowledge that I have received Fundr's Information on the Electronic Delivery of Tax Documents, included below.
I further understand and agree to each of the following:
As long as my consent remains in effect, Fundr may provide all Communications to me electronically in lieu of providing paper Communications.
Hardware and software that I will need. Electronic Communications may be provided to me via e-mail and/or the Platform. In order to view and retain the Communications, my computer hardware and software must, at a minimum, be capable of accessing the Internet, with connectivity to an Internet Service Provider or any other capable communications medium, and with software capable of viewing and printing a *.pdf file created by Adobe Acrobat. Further, I must have a personal e-mail address capable of sending and receiving e- mail messages to and from Fundr. To print the documents, I will need access to a printer compatible with my hardware and the required software.
If these software or hardware requirements change in the future, Fundr will notify me through the Platform.
To facilitate these services, I must provide Fundr with my current e-mail address and update that information as necessary. Unless otherwise required by law, I will be deemed to have received any electronic Communications that are sent to the most current e-mail address that I have provided to Fundr.
Fundr will not assume liability for non-receipt of notification of the availability of electronic Communications in the event my e-mail address on file is invalid, my e-mail or Internet service provider filters the notification as “spam” or “junk mail,” there is a malfunction in my computer, browser, Internet service and/or software, or for any other reasons beyond the control of Fundr.
Information on Electronic Delivery of Tax Documents
These provisions relate to my consent above to Fundr's provision of tax documents to me electronically. Prior to furnishing the tax documents electronically, the IRS requires that Fundr provide each investor with the following information:
If I do not consent to receive the tax document electronically, a paper copy will be provided.
My consent continues for every tax year until I withdraw my consent.
I may log into My Account at Fundr.ai to access and print my tax documents. I may need Adobe Acrobat Reader to open the document and a device connected to my computer that can print. In the event a tax document is too large to open in the browser, I will be prompted by a dialog box to save the file to a location on my computer and open it using Acrobat Reader.
To withdraw consent, I may email Fundr at email@example.com to request to withdraw my consent.
If My Account is closed, my request for electronic delivery of tax documents will automatically terminate, and I will receive a paper copy of my tax documents by mail at the address that I have provided to Fundr.
I may update my contact information by emailing Fundr at firstname.lastname@example.org.
My tax documents are maintained for 10 years on Fundr.ai in case I ever need to access them again.