Legal
Terms of service
The agreement between you and Foundiry. It covers what you can expect from the service, what we expect from you, how money and credits work, and how either side can end it.
- Version
- 0.1-draft
- In effect from
- —
Draft — not yet in force. This text has not been reviewed by a lawyer and is published for transparency during the invite-only beta, not as a binding agreement. The following still have to be supplied before it can take effect: registered company name, company registration number, registered office address, governing law, jurisdiction for disputes, data-protection contact address, EU representative (where required). The operative terms during the beta are the ones issued on request — ask us.
1.Who this agreement is between
These terms are between [not yet registered — see the notice at the top of this page](“Foundiry”, “we”, “us”) and the person or organisation using the service (“you”). By creating a workspace you accept them.
If you accept on behalf of a company, you confirm you are authorised to bind it, and “you” means that company.
2.Eligibility
You must be 18 or older. The service is currently offered in Israel, the United States and supported European Union countries. If we cannot confirm your country is supported, sign-up is declined rather than completed on a guess.
We do not work around regional restrictions, and asking us to is not a support request we can act on.
3.Your account and your workspace
Access is by email code or a supported identity provider. You are responsible for the security of the mailbox and provider account that control access to yours.
Data belongs to a workspace, not to an individual. Every record is scoped to its workspace and enforced in the database, so one workspace cannot read another’s data even in the event of an application bug.
Roles and seats
Members hold a role that determines what they can see and change. Paid plans include 3 billable seats; investor and viewer seats are never billable. Member ceilings and seat prices are shown on the pricing page.
4.Your content stays yours
You keep all rights to everything you enter or upload. We claim no ownership of your company information, documents, financials or any output generated for you.
You grant us only the permission required to run the service for you: to store your content, to display it back to you and the people you share it with, to process it through the calculations the product performs, and — only when you explicitly approve a specific action — to send the necessary part of it to the third-party model provider that performs that action.
We do not use your content to train models. It is not sold, and it is not shared with anyone except the processors listed in the privacy policy.
5.Plans, billing and renewal
A free workspace requires no card and does not expire. Paid plans are billed in advance, monthly or annually, through our payment processor. Current prices, seat allowances and member ceilings are on the pricing page; they are shown there rather than restated here so the two can never disagree.
Paid plans renew automatically at the end of each billing period until cancelled. Trials, where offered, convert to a paid period at the end of the trial unless cancelled before it ends.
Cancellation, refunds and what happens to your data afterwards are covered in the refund and cancellation policy, which forms part of these terms.
We may change prices. Existing paid subscriptions keep their price until the end of the period in progress, and we will tell you before a changed price applies to a renewal.
6.Credits and paid actions
Planning features — your roadmap, runway, hiring plan, investor sharing and every other calculation the product performs — are included in your plan and cost no credits. Credits are spent only when you ask a model to generate or rewrite something, because a provider charges us each time one runs.
Nothing is charged without your approval
Before any paid action runs, you are shown a price and must approve it. The price shown is a ceiling, not an average. No background process spends credits.
Failed and unresolved runs
Credits are reserved when an action starts and settled when it finishes. If it fails, the reservation is released and you are not charged. If we genuinely cannot determine whether a run completed, it is held for review rather than charged to you.
Expiry
Credits included with a plan reset each billing period and do not roll over. Separately purchased credit packs expire three months after purchase. Credits have no cash value, are not transferable between workspaces, and cannot be exchanged for money except as set out in the refund policy.
7.Acceptable use
You agree not to:
- Upload content you have no right to upload, or that infringes someone else’s rights.
- Use the service to store or process material that is unlawful where you or we operate.
- Attempt to access another workspace’s data, probe or circumvent the access controls, or test the security of the service without our written permission.
- Resell or provide the service to third parties as your own.
- Use automated means to extract data at a scale that degrades the service for others.
- Misrepresent generated output as independently verified fact to investors or regulators.
Security researchers are welcome — contact us first and we will agree scope. Reports go to the security address on the security page.
8.Sharing with investors and others
Share links expose only the sections you select. You control expiry and can revoke a link at any time, which takes effect immediately. You can see when a link was opened.
You are responsible for deciding who to share with and what to include. We do not vet recipients, and a link you choose to send to the wrong address is not something we can retrieve — though you can revoke it.
9.What the service does not do
Foundiry is a planning tool, not an adviser. It does not provide legal, financial, tax, investment or accounting advice. Calculations are performed on the figures you supply: if those are wrong or incomplete, the outputs will be too.
Model-generated text is a draft for you to check, not a statement of fact. See the AI disclaimer and, for anything you show an investor, the investor disclaimer.
10.Availability
The service is provided during an invite-only beta. We do not currently offer a contractual uptime commitment, and features may change, be added or be withdrawn as the product is built. We will not remove a feature you depend on without notice where we can reasonably avoid it.
Except where the law does not allow it to be excluded, the service is provided “as is” and we make no warranty that it will be uninterrupted or error-free.
11.Liability
Nothing in these terms limits liability for death or personal injury caused by negligence, for fraud, or for anything else that cannot lawfully be limited.
Subject to that, our total liability arising out of or relating to the service in any twelve-month period is limited to the amount you paid us in that period. We are not liable for lost profits, lost business, lost opportunity, or for decisions taken on the basis of output the service produced.
12.Ending the agreement
You can cancel at any time from your billing settings — no email required, no retention call. Details, including what access you keep and for how long, are in the refund and cancellation policy.
We may suspend or end an account that breaches clause 7, that we are legally required to act against, or that is being used in a way that endangers other customers’ data. Where the circumstances allow it, we will warn you first and give you the chance to fix the problem.
On termination you keep the right to export your data for the period set out in the privacy policy before it is deleted.
13.Changes to these terms
We may update these terms. For material changes we will give notice in the product or by email before they take effect, and record the version you accepted. Continuing to use the service after a change takes effect means you accept the updated terms; if you do not, you can cancel.
Prior versions are available on request.
14.Governing law
These terms are governed by the law of [not yet registered — see the notice at the top of this page], and disputes are subject to the exclusive jurisdiction of [not yet registered — see the notice at the top of this page]. If you are a consumer, this does not deprive you of the protection of mandatory law in your country of residence.
15.Contacting us
[not yet registered — see the notice at the top of this page], registered at [not yet registered — see the notice at the top of this page], company number [not yet registered — see the notice at the top of this page]. Reach us through the contact form.
Questions about this document go to our contact form. To exercise a data-protection right, use the data request form.