Last Updated: December 14, 2017
What Information We Collect:
When you become: (i) an Investor with Seed Equity by completing the account opening process or otherwise submit Personal Data in order to receive Services, e.g., when you make a wire transfer or tell us where to send money; or (ii) an Issuer that is raising funds through the Site by completing the necessary process and providing the appropriate disclosure of information, we may collect information about you, as further described below:
Personal Data That You Provide Through the Site: We collect Personal Data from you when you apply for, access and use financial (and related) products and Services offered by Seed Equity whether in person, by telephone or by providing data to us in hard copy or electronic form. We may verify this information or get additional information from consumer or investigative reporting agencies, credit bureaus or public sources. This information may relate to your finances, employment, avocations or other personal characteristics, as well as transactions and interactions between or among you and our affiliated companies or others. The Personal Data that we collect may include your name, address, citizenship, telephone number, email address, Social Security Number and date of birth, as well as details about your professional affiliations, assets, net worth, income, account balances, account transactions, investments and investment experience. In addition, Web tools are used on our Site to help us monitor traffic patterns and to see how the User navigates through our Site.
Non-Identifiable or Aggregated Data: When you interact with Seed Equity through the Site or Services, we receive and store certain information about you. Such information, which may be collected passively, may specifically identify you.
As is true of most web sites, we gather certain information automatically and store it in log files. This information may include Internet Protocol (“IP”) addresses, browser type, Internet Service Provider (“ISP”), referring/exit pages, operating system, date/time stamp and clickstream data. Seed Equity may store such information itself or such information may be included in databases owned and maintained by Seed Equity’s affiliates, agents or service providers. This Site may use such information and pool it with other information to track, for example, the total number of visitors to our Site, the number of visitors to each page of our Site, the domain names of our visitors’ internet service providers, and how our users use and interact with the Services. Furthermore, in an ongoing effort to better understand and serve the users of the Services, Seed Equity often conducts research on its customers’ demographics, interests and behavior based on the Personal Data and other information provided to Seed Equity by Users.
This research may be compiled and analyzed on an aggregate basis. Seed Equity may share this non-identifiable and aggregate data with its affiliates, agents and business partners, but this type of non-identifiable and aggregate information does not identify you personally. Seed Equity may also disclose aggregated user statistics in order to describe our Services to current and prospective business partners and to other third parties for other lawful purposes.
How We Use Your Information:
Our Disclosure of Your Personal Data and Other Information:
Business Transfers: As we develop our business, we might sell or buy businesses or assets. In the event of a corporate sale, merger, reorganization, dissolution or similar event, Personal Data may be part of the transferred assets and you will be notified via email and/or a prominent notice on our Site of any change in ownership or uses of your Personal Data, as well as any choices you may have regarding your Personal Data.
Agents, Consultants, Service Providers and Related Third Parties: Seed Equity, like many businesses, may hire other companies to perform certain business-related functions. Examples of such functions include mailing information, maintaining databases, ID verification, processing applications, shipping and fulfillment, processing payments and completing transactions. When we employ another company to perform a function of this nature, we only provide them with the information that they need to perform their specific function. These companies are authorized to use your Personal Data only as necessary to provide these services to us.
Unaffiliated Third Parties: Seed Equity may establish a join venture to promote financial products. When it occurs, Seed Equity may share your Personal Data with the third parties. If you wish to “Opt Out”, please email our Customer Support at Info@SeedEquity.com or contact us at the contact information listed below.
Legal Requirements1: Seed Equity may disclose your Personal Data if we believe that disclosure is required by applicable law, rules, or regulations to (i) cooperate with law enforcement or regulatory or self-regulatory organizations, (ii) comply with a legal obligation, (iii) protect and defend the rights or property of Seed Equity, (iv) act in urgent circumstances to protect the personal safety of users of the Site or the public against fraud or other harm, (v) enforce our customer and other agreements, or (vi) protect against legal liability.
If your Personal Data changes, or if you no longer desire our Service, you may correct, update, amend, delete or request deletion by emailing our Customer Support at Info@SeedEquity.com or by contacting us at the contact information listed below. We will respond to your request within 30 days.
We will retain your Personal Data for as long as your account is active or as needed to provide you Services. Moreover, we will retain and use your Personal Data as necessary to comply with our legal obligations, resolve disputes, and enforce our agreements.
When you sign up for our Services or newsletter(s), we will send periodic emails to you regarding the Services or to tell you about Services we believe will be of interest to you. Out of respect for your privacy, you may choose to stop receiving our newsletter or marketing emails by following the unsubscribe instructions included in these emails or you can contact us at Info@SeedEquity.com.
The security of your Personal Data is important to us. To protect your Personal Data from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. When you enter sensitive information (such as financial or personal information) on our website, we encrypt the transmission of that information using secure socket layer technology (SSL). We also use third party ID verification to ensure our Users’ true identities are validated.
We follow generally accepted standards to protect the Personal Data submitted to us, both during transmission and once we receive it. However, no method of transmission over the Internet, or method of electronic storage, is 100% secure. Therefore, we cannot guarantee its absolute security. If you have any questions about security on our Site, you can contact us at Info@SeedEquity.com.
Social Media Features:
You can log in to our Site using sign-in services such as Facebook, LinkedIn, Twitter, Google, Yahoo and Microsoft. These services will authenticate your identity and provide you the option to share certain Personal Data with us such as your name and email address to pre-populate our sign up form. These social networks give you the option to post information about your activities on this Site to your profile page to share with others within your network.
Links to Other Web Sites:
Other Terms and Conditions:
Contacting Seed Equity:
Seed Equity Ventures, LLC
Seed Equity Holdings, LLC., 4640 S. Holladay Village Plaza, Suite #206, Salt Lake City, Utah 84117
1 In accordance with California law, we will not share information we collect about you with companies outside of Seed Equity unless the law allows. For example, we may share information with your consent to service your accounts or to provide rewards or benefits you are entitled to. We will limit sharing among our affiliates to the extent required by California law. In accordance with Vermont law, we will not share information about Vermont residents with companies outside of our corporate family, except as permitted by law, such as with your consent, to service your accounts, or to other financial institutions with which we have joint marketing agreements. We will not share information about your creditworthiness within our corporate family except with your authorization or consent, but we may share information about our transactions or experiences with you within our corporate family without your consent.