Dealum Terms of Service

By using the Dealum platform you agree to be bound by our Terms of Service.
  1. REGISTERING THE USER ACCOUNT
  2. YOUR RESTRICTIONS AND OBLIGATIONS
  3. COMPANY PROFILE
  4. DEAL ROOM
  5. MATCHMAKING SERVICES
  6. CONFIDENTIALITY
  7. INTELLECTUAL PROPERTY OF DEALUM
  8. YOUR PRIVACY AND COLLECTION OF DATA
  9. FEES AND BILLING
  10. CANCELLING SUBSCRIPTION AND DELETING YOUR USER ACCOUNT
  11. EXTERNAL SERVICES
  12. LIMITATION OF LIABILITY
  13. INDEMNIFICATION
  14. SEVERABILITY
  15. ASSIGNMENT OF OBLIGATIONS
  16. NO WAIVER
  17. CHANGES
  18. GOVERNING LAW
  19. DISPUTES


dealum.com and its subdomains (“Website”), including its related services, are run by Dealum OÜ, registry code 14238426, a limited liability company registered in the Republic of Estonia with the registered address at Raekoja plats 16, Tartu, 51004, Estonia (hereafter referred to as “Dealum”, “us”, “we”).

Dealum provides a platform for connecting companies and startup ecosystem entities (such as investors, accelerators, incubators, funds, networks, events, competitions, corporates, and other ecosystem participants). The Dealum platform consists of various services to facilitate the communication and information sharing between companies and startup ecosystem entities (“Services”).

By registering an account on the Website or using any part of the Services you acknowledge that you have read, understood, and agree to be bound by these terms (“Terms”). We emphasize that these Terms are inextricably linked to our Privacy Policy, which provides an overview of the processing of your personal information. The categories of the collected data and the collection process are in some respects described in these Terms.

REGISTERING THE USER ACCOUNT

To use the Services, you must register an individual user account as a natural person. One individual user account can belong to multiple company profiles and deal rooms.

To create an account, we require you to submit your name, email address, and password. Optionally, you can add more personal and background information to your user profile which may be made visible, fully or partially, to other users of the Website.

By registering an account on the Website and using any part of the Services, you agree:

  1. to maintain the confidentiality of your password and other information related to the security of your account;
  2. to be fully responsible for all use of your account and for any actions that take place through your account, including responsibility for compliance with all laws and regulations that are applicable to you or the content you create, share, or use in connection with the Services;
  3. not to register more than one personal user account;
  4. to provide and keep the information requested by Dealum about you and/or your business entity accurate, current, and complete.

By agreeing to these Terms, you represent that you are at least the age of majority in your state or province of residence, or that you are the age of majority in your state or province of residence, and you have given us your consent to allow any of your minor dependents to use this site.

After registering an account, Dealum may review your user profile. If Dealum suspects that the information you have provided is incorrect or you might use the Services in violation of these Terms, then in its sole discretion, Dealum may prohibit your access to the Website and Services.

YOUR RESTRICTIONS AND OBLIGATIONS

When using the Website and/or the Services, you must not do any of the following:

  1. share your personal user account with any other individuals;
  2. carry out any activities in the course of using the Services that are illegal, libelous, defamatory, abusive, threatening, harassing, hateful, offensive, cause damage to Dealum or any third party, or otherwise violate any law or infringe upon the right of any third party;
  3. decompile, reverse engineer, or otherwise attempt to obtain the source code of the Services and/or the Website;
  4. modify the software underlying the Website in any manner or form or use modified versions of such software, including (without limitation) for the purpose of obtaining unauthorized access to the Website, certain Services, or content;
  5. publish, post, upload, e-mail, distribute, or disseminate any inappropriate, profane, defamatory, misleading, false, infringing, obscene, indecent, or unlawful content;
  6. transmit files that contain viruses, corrupted files, or any other similar software or programs that may damage or adversely affect the operation of another person’s computer, Services, Website, any software or hardware, or telecommunications equipment;
  7. probe, scan, test the vulnerability of the Website, or circumvent any security mechanism used by the Website;
  8. cause or launch any programs or scripts for the purpose of scraping, indexing, surveying, or otherwise data mining any portion of the Services;
  9. use the Website for mass mailing;
  10. take any action that imposes an unreasonably or disproportionately large load on the infrastructure of the Website and/or Services;
  11. use, publish, or otherwise exploit or make available the information you have gained access to in the course of using the Services or which another user has disclosed to you that can be considered as confidential according to the Confidentiality section in these Terms.

You agree not to reproduce, duplicate, copy, sell, resell, or exploit any portion of the Services, use of the Services, access to the Services, or any contact on the Website, without express written permission by us.

You warrant that you own or have sufficient legal right to the intellectual property rights in any content you post or upload to the Website and posting or using such content does not violate applicable law or the rights of any third party. You acknowledge and agree that you are solely responsible for all content you submit, provide, or upload on the Website and the consequences for submitting, providing, or uploading it. You hereby grant Dealum and its affiliates a lifetime, worldwide, irrevocable, royalty-free, nonexclusive, sublicensable right to use, reproduce, create derivative works of, distribute, publicly perform, publicly display, transfer, transmit, distribute, and publish the content you post on the Website for the purposes of providing the Services.

Using the Services and providing any content will not deem you to be a maker of any database provided on the Website in the meaning of EU Database Directive 96/9/EC.

You hereby acknowledge that Dealum may, but has no obligation to, monitor the content you post on the Website. We may disclose any information necessary or appropriate to satisfy our legal obligations, protect Dealum or our customers, operate the Website or Services properly, or improve the Website or Services. Dealum, in its sole discretion, may remove, require you to remove, or refuse to publish any of your content, in whole or in part, alleged to be unacceptable, undesirable, inappropriate, or in violation of these Terms, Privacy Policy, or applicable laws.

Dealum reserves the right to suspend or terminate access to the Website and/or Services immediately to any user, whose activity is disrupting, causing harm to the Services infrastructure or third parties, or otherwise violates the Terms. If Dealum terminates your access to the Services due to your breach of these Terms, you shall forfeit any right to any refund for the subscription fees paid. You agree to reimburse Dealum for any expenses or costs, including consequential damages, we or anyone else may incur as a result of a breach of these Terms.

COMPANY PROFILE

Upon registering a personal account you may create a company profile. Company profile is intended for start-ups, scale-ups, and other companies and projects for the purpose of engaging with startup ecosystem entities.

By creating a company profile, you represent that (i) you are a legal representative of the entity for which a profile is created; (ii) you have the authority to legally bind the entity; and (iii) you have the right to transmit and receive messages via the Website on behalf of the entity.

You are forbidden to create a profile of a company that you are not eligible to legally represent. Simultaneously, you (i) are forbidden to create a company profile, if such profile has already been created by another user eligible to represent the company and (ii) you must otherwise refrain from creating more than one profile per company.

The owner of a company profile may give permission to other individual users to manage the company profile.

Any information you provide in the company profile must be kept accurate and up to date at all times. We may supplement your profile information with data available from public databases. If you detect that any part of such information is incorrect, please inform us and we shall do our best to swiftly amend or remove the incorrect information. However, we do not assume any liability regarding the correctness of such information.

Please note that (i) certain information on the company profile may be available to all Website visitors and (ii) in order to use certain Services it may be necessary to provide some additional information.

By submitting an application to an organization using the Services, you share all or parts of your company profile information with the respective organization’s deal room owners and they can make all or some of the data available to users who are members in their deal rooms. You can choose the level of details shared with deal room owners.

Every time you add or modify company information in the profile section or on an application, a new profile revision is created. Updated data on the company profile and periodic reports may be automatically made available to all deal rooms you have submitted an application to and regarding which you have not revoked their right to receive updates.

In case you revoke the right for updates regarding a specific deal room, their members will not receive any further information updates, but will continue to be able to access the data submitted prior to revocation.

DEAL ROOM

A deal room is a closed workspace where members of a startup ecosystem entity manage their deal flow, investment processes and communication, and collaborate with partners. It provides a set of functions that can be used by deal room members and corresponds to deal room’s subscription plan and setup preferences. Information provided in a deal room will be accessible only to the users who are members of that deal room.

By creating a deal room, you represent that (i) you are a legal representative of the entity for which a deal room is created; (ii) you have the authority to legally bind the entity; and (iii) you have the right to transmit and receive messages via the Website on behalf of the entity.

You are forbidden to create a deal room for an entity that you are not eligible to legally represent. Simultaneously, you (i) are forbidden to create a deal room if it has already been created by another user eligible to represent the entity and (ii) you must otherwise refrain from creating duplicate deal rooms for the entity unless agreed otherwise with us.

The owner of a deal room may give permission to other individual users to manage the deal room.

Upon creating a deal room, you must provide certain basic information such as the name of the entity, its country of residence etc. The information provided may be available to all Website visitors.

Any information you provide in the deal room profile must be kept accurate and up to date at all times.

MATCHMAKING SERVICES

As one of its Services, Dealum may provide matchmaking services to its users. By using the Website, you agree to give Dealum the permission to process and use your data, including but not limited to user, company, and deal room profiles and activity, for the purpose of identifying a match and making a recommendation to connect with another user, company, or entity. You are not obliged to submit an application based on a recommendation and have the right to reject other party’s request to connect.

CONFIDENTIALITY

All information provided by the companies, deal room entities, or users in course of using the Website shall be considered as confidential, unless such information is public knowledge or the disclosing user has deemed it as non-confidential. Each receiving user undertakes to keep confidential and not to use or disclose to any third party or to enable or cause any person to become aware of any confidential information. The confidential information may be shared only with the employees, management board members, shareholders, or associates of your business entity that are relevant to making the investment, cooperation, application, or other decisions related to the disclosing user.

Should you (or your employee, management board member, shareholder, or associate) breach the confidentiality obligation indicated above, the disclosing user shall have the right to request you to (i) immediately terminate such breach; (ii) surrender to the disclosing user any revenues received in connection with such breach; and (iii) compensate the disclosing user for damages caused by such breach.

INTELLECTUAL PROPERTY OF DEALUM

All copyrights and any other intellectual property rights in relation to Website and/or Services shall remain the sole and exclusive property of Dealum and you shall have no claim to it insofar as not stated differently herein.

Dealum grants you personal, non-exclusive, time limited, non-transferable, non-licensable, and revocable license to use the Website and our Services, for so long as you comply with the Terms. All rights not expressly granted in the Terms are reserved. You may use the content on the Website and the Services only for your personal use in connection with the Services. You are forbidden to modify, publish, transmit, participate in the transfer or sale of, reproduce, create derivative works of, distribute, publicly perform, reverse engineer, publicly display, or in any way exploit any of the software, materials, data, or content of the Services or the Website in whole or in part, unless as prescribed otherwise in these Terms or on the Website.

Dealum may at all times and without prior notice make functional, procedural, or technical changes or improvements to the Website or the Services. Dealum is under no circumstances obliged to adjust or add any specific functionality to the Website or Services.

YOUR PRIVACY AND COLLECTION OF DATA

Dealum acts in accordance with all applicable data protection regulations and will do its best to keep safe any information you have provided. Our policies regarding the collection, use, and disclosure of personal information are described in our Privacy Policy.

FEES AND BILLING

Registering an individual user account with Dealum is free. However, access to certain Services requires you to have a subscription plan. The list of these Services and the subscription plan fees are described on the Website under the Pricing section.

You can choose between monthly or annual subscription and pay the respective subscription fee via credit card, unless mutually agreed otherwise during the negotiations. A recurring credit card payment is provided by default. The recurring payment in force will be cancelled automatically when you terminate or upgrade your subscription. Access to Services included in the chosen subscription plan will be granted after the payment has been received.

Services and subscription plan fees do not include any taxes that may be additionally added depending on the jurisdiction where you make the purchase and/or use the Services. You are fully responsible for complying with the applicable tax laws and taxation and paying the added taxes.

There are no refunds of any fees or other amounts paid by you in connection with the provision of Dealum Services.

In case we plan to change our fees, we give at least 30-day notice in advance. If no objection is given by you to us during this period and you continue to use the Services and/or the subscription, we have the right to declare this as your acceptance of the changes in fees.

CANCELLING SUBSCRIPTION AND DELETING YOUR USER ACCOUNT

You can terminate your subscription at any time under the Settings menu on the corresponding profile. You may delete your user account, company profile, or deal room at any time on the Website under the Settings menu or by contacting the support. Support cannot delete your company profile if you have applied for governmental services, e.g., Startup Visa. Dealum does not grant refunds for terminated subscriptions or upon deletion of the user account.

If you have not logged into your user account for 1 year, your account is considered to be inactive, and we have the right to delete it.

EXTERNAL SERVICES

Certain services operated by third parties (“External services”) may be made available to you on, through, or in connection with the Website or Services. External services may access, process, and transmit your information if you have so authorized.

Dealum does not endorse any External services and is not responsible or liable for your use of such services or any losses or damages arising from your dealing with any External services. Your use of External services is solely at your own risk and in accordance with any agreements that you have with the External service providers.

Dealum does not make any representations or warranties, and disclaims all representations, warranties and conditions, whether expressed or implied, related to any External services, including, without limitation: (a) the legality, accuracy, completeness, reliability, suitability, availability, security or timeliness of such services, or the ability of such services to meet your requirements or provide specific results; (b) the performance, merchantability, quality, fitness for a particular purpose, quiet enjoyment, non-infringement, or title of any information, material, content, software, goods, or services on or made available through any External services; (c) the operation of any External services or that such services will be uninterrupted or error free, that defects or errors in such services will be corrected, or that such services will be free from viruses or other harmful components; or (d) the collection, use, storage, disclosure, or security of any information or content that you provide to such External services.

LIMITATION OF LIABILITY

DEALUM MERELY PROVIDES A PLATFORM AND CERTAIN TOOLS TO CONNECT COMPANIES WITH STARTUP ECOSYSTEM ENTITIES. DEALUM DOES NOT ENDORSE ANY COMPANIES OR ENTITIES USING THE WEBSITE, NOR CAN WE GUARANTEE THE CORRECTNESS OF INFORMATION PROVIDED BY THE WEBSITE USERS. YOU HEREBY ACKNOWLEDGE THAT YOU SHALL ASSUME ALL RISKS ASSOCIATED WITH ACTIVITIES CARRIED OUT VIA THE WEBSITE AND SHALL NOT HOLD DEALUM LIABLE FOR ANY LOSSES YOU SUFFER AS A RESULT OF USING ANY OF THE SERVICES ON THE WEBSITE.

OUR SERVICES, WEBSITE, TOOLS, AND INFORMATION ARE PROVIDED ON AN “AS IS” BASIS AND, OTHER THAN EXPRESSLY SET OUT IN THE TERMS, WITHOUT WARRANTIES OF ANY KIND. ALTHOUGH WE ARE STRIVING TO PROVIDE YOU AS QUALITY SERVICES AS POSSIBLE, WE DO NOT WARRANT THAT OUR WEBSITE OR SERVICES WILL BE ERROR-FREE AND UNINTERRUPTED, NOR DO WE WARRANT THE ACCURACY OF ANY INFORMATION PROVIDED.

UNLESS EXPLICITLY STATED OTHERWISE, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, DEALUM AND ITS DIRECTORS, EMPLOYEES, PARTNERS, AND AGENTS ARE NOT LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE, OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF WEBSITE AND/OR SERVICES. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, DEALUM AND ITS DIRECTORS, EMPLOYEES, AFFILIATES, SUPPLIERS, AND PARTNERS WILL NOT BE LIABLE FOR ANY DAMAGES THAT EXCEED THE TOTAL AMOUNTS YOU HAVE PAID FOR THE SERVICES OR 500 EUROS, WHICHEVER IS LOWER.

We assume no liability for any content posted by users on the Website or made available in course of your communication, or for the non-operability or impaired accessibility to Website or Services due to, but without limitation to, technical issues or dependence on the services of the third parties.

You hereby acknowledge that Dealum does not provide any financial services, nor do we provide professional financial or other advice. Dealum assumes no liability for any decisions you make based on suggestions or recommendations made by Dealum or the information available via the Website.

You are solely responsible for creating backup copies of any of your content that you submit to Dealum.

Some states/jurisdictions do not allow exclusion of implied warranties or limitation of liability for incidental or consequential damages, so in such jurisdictions the above limitations or exclusions may not apply. In such case, our liability and that of our affiliates, suppliers, and partners will be limited to the greatest extent permitted by law.

INDEMNIFICATION

You agree to defend, indemnify, and hold harmless Dealum and our employees, contractors, agents, officers, and directors from and against all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney's fees), resulting from, or arising out of your use and access of the Website and/or the Services.

SEVERABILITY

If any of the provisions of the Terms proves to be void or voidable or is or becomes invalid in full or in part for any other reason, the remaining provisions of the Terms will continue to apply in full. We will replace the invalid stipulation by a stipulation that is valid and has legal consequences, in view of the substance and purpose of the Terms, that correspond as much as possible to those of the invalid stipulation.

ASSIGNMENT OF OBLIGATIONS

You may not assign or transfer your rights and obligations arising from these Terms in whole or in part without Dealum’s prior written approval.

You give your approval to Dealum for it to assign or transfer its rights and obligations arising from these Terms in whole or in part, to: (i) a subsidiary or affiliate; (ii) an acquirer of Dealum’s equity, business, or assets; or (iii) a successor by merger.

No joint venture, partnership, employment, or agency relationship exists between you and Dealum as a result of the contract between you and Dealum or use of the Services.

NO WAIVER

Our failure to exercise or enforce any right or provision of this Agreement will not constitute a waiver of such right or provision.

CHANGES

We reserve the right, at our sole discretion, to make changes to the Terms at any time. If a revision is material, we will provide at least 14 days’ notice on the website prior to any new terms taking effect. By using our Services after those revisions become effective, you agree to be bound by the revised Terms.

GOVERNING LAW

These Terms shall be governed and construed in accordance with the laws of Republic of Estonia, without regard to any choice of laws or conflicts of law provisions. You agree that any lawsuit arising from or related to Services shall be brought exclusively to courts located in Tallinn, Estonia, and you consent to the exclusive jurisdiction of such courts.

DISPUTES

In case of any questions or if you wish to submit a complaint, please contact us at Raekoja plats 16, Tartu, 51004, Estonia or via e-mail at support@dealum.com.

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