Terms of Service

1.1 These Terms of Service (the “Terms”) constitute a legally binding agreement between you (“User”, “you”, or “your”) and Fundable Oy, a company organised under the laws of Finland (“Fundable”, “we”, “us”, or “our”), governing your access to and use of the Fundable platform, website, application programming interfaces, and any related services (collectively, the “Service”).

1.2 By accessing, browsing, uploading content to, or otherwise using the Service, you acknowledge that you have read, understood, and agree to be bound by these Terms and by our Privacy Policy, which is incorporated herein by reference. If you do not agree to these Terms, you must not access or use the Service.

1.3 If you are entering into these Terms on behalf of a company or other legal entity, you represent and warrant that you have the authority to bind such entity to these Terms, in which case “User” shall refer to such entity.

1.4 You must be at least eighteen (18) years of age and have the legal capacity to enter into a binding contract in order to use the Service.

2.1 Fundable provides an artificial-intelligence-driven startup audit tool that enables founders to submit textual descriptions or PDF pitch decks and receive, within approximately sixty (60) seconds, an automated analysis comprising numerical scores, identified strengths, identified risks, and an overall verdict (the “Audit Output”).

2.2 Fundable additionally offers a business-to-business feature (the “Investor Feature”) allowing investors and investment firms to integrate their inbound email or deal-flow channels with the Service, such that incoming pitch materials are automatically forwarded to Fundable, analysed, and presented on a private investor dashboard.

2.3 Informational Purposes Only. The Audit Output and any other information, recommendations, scores, verdicts, summaries, or content generated by the Service are provided strictly for general informational and illustrative purposes. The Audit Output does NOT constitute, and shall not be construed as, financial advice, investment advice, legal advice, tax advice, accounting advice, or professional advice of any kind. You should consult qualified professional advisors before making any decision based, in whole or in part, on the Service.

2.4 Outputs of generative artificial intelligence systems are probabilistic in nature and may contain inaccuracies, omissions, or errors. Fundable makes no representation or warranty as to the accuracy, completeness, or fitness for any particular purpose of the Audit Output.

3.1 User Ownership. As between you and Fundable, you retain one hundred percent (100%) ownership of all right, title, and interest, including all intellectual property rights, in and to any pitch deck, document, text, idea, business plan, financial projection, or other material you submit to the Service (collectively, “User Content”). Fundable claims no ownership of, and asserts no proprietary rights over, your User Content or the underlying business ideas, concepts, or know-how contained therein.

3.2 Limited Processing Licence. You grant Fundable a non-exclusive, worldwide, royalty-free licence to access, store on a transient basis, transmit, reproduce, and process the User Content solely and exclusively for the purpose of providing the Service to you (i.e., generating the Audit Output and delivering it back to you or, in the case of the Investor Feature, to the authorised investor recipient). This licence terminates automatically upon completion of the analysis, in accordance with our deletion protocol set forth in the Privacy Policy.

3.3 No Training Use. Fundable shall NOT use, and is contractually prohibited from using, any User Content to train, fine-tune, retrain, evaluate, or otherwise improve any machine-learning model, large language model, or artificial-intelligence system, whether proprietary to Fundable or operated by a third party.

3.4 Fundable Materials. All rights in and to the Service itself, including its software, source code, user interface, trademarks, logos, designs, structure of the Audit Output, scoring methodology, and underlying technology, remain the sole and exclusive property of Fundable and its licensors. No rights are granted to you other than as expressly set forth in these Terms.

4.1 Investors who activate the Investor Feature (each, an “Investor User”) acknowledge and agree that they bear sole responsibility for ensuring that all pitch materials forwarded to or processed by Fundable through their integrated inbound channels have been received under terms that permit such forwarding and automated analysis.

4.2 Each Investor User represents and warrants that (a) it has obtained any consents, permissions, or legal bases required from the submitting founders or third parties for the transmission and processing of such materials by Fundable; (b) it shall maintain an appropriate privacy notice and contractual framework with its inbound senders; and (c) it shall not use Fundable to process materials in a manner that violates any confidentiality obligation, non-disclosure agreement, or applicable law.

4.3 Investor Users shall keep their account credentials confidential and shall be solely responsible for all activities conducted under their account. Investor Users shall promptly notify Fundable of any unauthorised access.

4.4 Where Fundable processes personal data on behalf of an Investor User, the parties shall enter into a separate Data Processing Agreement in accordance with Article 28 of the General Data Protection Regulation (Regulation (EU) 2016/679, “GDPR”).

5.1 You agree not to (a) submit content that infringes any third-party intellectual property right or violates any law; (b) attempt to reverse-engineer, decompile, or circumvent any security feature of the Service; (c) use the Service to develop a competing product; (d) submit malware, illegal content, or personal data of third parties without lawful basis; or (e) use the Service in any manner that could disable, overburden, or impair its functioning.

6.1 No Funding Guarantee. Fundable does not guarantee, and makes no representation, that use of the Service will result in any investment, funding, introduction, business opportunity, or commercial outcome. The Service is an informational tool only.

6.2 No Liability for Investment Decisions. To the maximum extent permitted by applicable law, Fundable shall not be liable for any investment, financing, hiring, strategic, or commercial decision made by any User, Investor User, or third party on the basis of, or in reliance upon, the Audit Output or any other output of the Service.

6.3 Cap on Damages. To the maximum extent permitted by applicable law, the aggregate liability of Fundable, its officers, directors, employees, and affiliates arising out of or relating to these Terms or the Service, whether in contract, tort (including negligence), or otherwise, shall not exceed the greater of (i) the total amounts paid by you to Fundable in the twelve (12) months preceding the event giving rise to the claim, or (ii) one hundred euros (EUR 100).

6.4 Excluded Damages. In no event shall Fundable be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, including without limitation loss of profits, loss of revenue, loss of business opportunity, loss of goodwill, or loss of data, even if advised of the possibility of such damages.

6.5 Nothing in these Terms excludes or limits liability that cannot be excluded or limited under applicable mandatory law, including liability for wilful misconduct or gross negligence.

7.1 The Service is provided on an “AS IS” and “AS AVAILABLE” basis. To the maximum extent permitted by law, Fundable disclaims all warranties, whether express, implied, statutory, or otherwise, including any warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, or uninterrupted availability.

8.1 You agree to indemnify, defend, and hold harmless Fundable and its affiliates, officers, directors, employees, and agents from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys’ fees) arising out of or in connection with (a) your User Content; (b) your breach of these Terms; or (c) your violation of any law or third-party right.

9.1 These Terms remain in effect for so long as you use the Service. Fundable may, at its sole discretion and without prior notice, suspend or terminate your access to the Service for any breach of these Terms or for any reason permitted by law.

9.2 Sections that by their nature should survive termination (including, without limitation, Sections 3, 6, 7, 8, 10, and 11) shall survive termination of these Terms.

10.1 These Terms and any non-contractual obligations arising out of or in connection with them shall be governed by, and construed in accordance with, the laws of Finland, without giving effect to any conflict-of-laws principles.

10.2 Any dispute, controversy, or claim arising out of or relating to these Terms, or the breach, termination, or validity thereof, shall be finally settled by the courts of Helsinki, Finland, provided that, where mandatory provisions of consumer law apply, the User retains the right to bring proceedings before the competent court of their place of residence within the European Union.

10.3 Nothing in this Section limits any User’s rights under applicable consumer protection law of the EU Member State in which the User resides.

11.1 Entire Agreement. These Terms, together with the Privacy Policy and any Data Processing Agreement executed between the parties, constitute the entire agreement between you and Fundable concerning the Service.

11.2 Severability. If any provision of these Terms is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

11.3 No Waiver. Fundable’s failure to enforce any right or provision shall not constitute a waiver of such right or provision.

11.4 Assignment. You may not assign or transfer these Terms without Fundable’s prior written consent. Fundable may assign these Terms in connection with a merger, acquisition, or sale of assets.

11.5 Amendments. Fundable may amend these Terms from time to time. Material changes will be notified through the Service or by email. Continued use of the Service after the effective date of any amendment constitutes acceptance of the revised Terms.

11.6 Contact. Questions regarding these Terms may be addressed to: legal@fundable.app.