Terms of Service

1. Acceptance of Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you and BLCK DMND ("Company," "we," "us," or "our"), a Texas-based company. By accessing or using our AI-powered deal intelligence platform, website, applications, and related services (collectively, the "Services"), you agree to be bound by these Terms.

If you are using the Services on behalf of an organization, you represent and warrant that you have the authority to bind that organization to these Terms. If you do not agree to these Terms, you may not access or use our Services.

2. Description of Services

BLCK DMND provides an AI-powered deal intelligence platform designed for venture capital firms, family offices, and institutional investors. Our Services include:

• Deal Screening: AI-powered analysis of investment opportunities forwarded via email or uploaded through our platform.
• Meeting Intelligence: Comprehensive research briefs to prepare for investment meetings.
• Deep Diligence: Extensive due diligence reports with investment memos and detailed analysis.
• Fund Thesis Matching: Personalized fit scoring based on your investment criteria.

3. Account Registration and Security

To use certain features of our Services, you must create an account. You agree to:

• Provide accurate, current, and complete information during registration
• Maintain and promptly update your account information
• Maintain the confidentiality of your account credentials
• Accept responsibility for all activities that occur under your account
• Notify us immediately of any unauthorized use of your account

We reserve the right to suspend or terminate accounts that violate these Terms or that we reasonably believe are being used fraudulently.

4. Subscription and Payment Terms

4.1 Subscription Plans

Access to our Services requires a paid subscription. Details of available plans, features, and pricing are available on our website. We reserve the right to modify pricing and plans with reasonable notice to subscribers.

4.2 Billing and Payment

By subscribing to our Services, you authorize us to charge your payment method on a recurring basis according to your selected plan (monthly or annually). Payments are processed through Stripe and are non-refundable except as required by law or as otherwise stated in these Terms.

4.3 Usage Limits

Your subscription may include limits on the number of analyses, reports, or other features. Usage limits reset according to your billing cycle. Exceeding your limits may result in additional charges or service restrictions.

4.4 Cancellation

You may cancel your subscription at any time through your account settings. Cancellation will be effective at the end of your current billing period. You will retain access to the Services until then but will not receive a refund for the remaining period.

5. Acceptable Use Policy

You agree to use our Services only for lawful purposes and in accordance with these Terms. You agree NOT to:

• Use the Services to violate any applicable law, regulation, or third-party rights
• Upload or transmit viruses, malware, or any other malicious code
• Attempt to gain unauthorized access to our systems or other users' accounts
• Use the Services to harass, threaten, or defame any person or entity
• Scrape, data mine, or use automated tools to access the Services except through our authorized APIs
• Resell, sublicense, or redistribute our Services without written permission
• Upload content that infringes on intellectual property rights of others
• Use the Services in a manner that could damage, disable, or impair our infrastructure
• Misrepresent your identity or affiliation with any person or organization

6. Intellectual Property Rights

6.1 Our Intellectual Property

The Services, including all content, features, functionality, software, and technology, are owned by BLCK DMND and are protected by copyright, trademark, and other intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to access and use the Services for your internal business purposes during your subscription term.

6.2 Your Content

You retain ownership of all content you upload, submit, or transmit through our Services ("Your Content"). By submitting Your Content, you grant us a worldwide, royalty-free, non-exclusive license to use, process, store, and analyze Your Content solely for the purpose of providing the Services to you.

6.3 Generated Reports

Reports and analyses generated by our Services ("Output") are provided for your internal business use. You may share Output within your organization and with potential co-investors, subject to maintaining appropriate confidentiality. You acknowledge that similar Output may be provided to other users analyzing the same or similar companies.

7. Confidentiality

We understand the sensitive nature of investment activities. We maintain strict confidentiality regarding Your Content and your use of our Services. We will not disclose your deal flow, investment criteria, or analysis requests to third parties except as necessary to provide the Services, as required by law, or with your consent.

You agree to maintain the confidentiality of any proprietary features, methodologies, or non-public information about our Services that you may learn through your use.

8. Disclaimers and Limitations

8.1 No Investment Advice

IMPORTANT: The Services are provided for informational purposes only and do not constitute investment advice, financial advice, legal advice, or any other professional advice. The analyses, reports, and recommendations generated by our AI systems are based on available data and should not be relied upon as the sole basis for any investment decision.

You acknowledge that you are a sophisticated investor capable of evaluating investment opportunities independently. You should conduct your own due diligence and consult with qualified professionals before making any investment decisions.

8.2 AI-Generated Content

Our Services use artificial intelligence and machine learning technologies to analyze information and generate reports. While we strive for accuracy, AI-generated content may contain errors, omissions, or inaccuracies. You should independently verify all information before relying on it.

8.3 Third-Party Data

Our analyses may incorporate data from third-party sources. We do not guarantee the accuracy, completeness, or timeliness of third-party data. The inclusion of any third-party data should not be construed as an endorsement of its accuracy or reliability.

8.4 Disclaimer of Warranties

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:

• IN NO EVENT SHALL BLCK DMND, ITS DIRECTORS, OFFICERS, EMPLOYEES, OR AGENTS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, GOODWILL, OR INVESTMENT LOSSES, ARISING FROM YOUR USE OF THE SERVICES.
• OUR TOTAL LIABILITY FOR ANY CLAIMS ARISING FROM THESE TERMS OR YOUR USE OF THE SERVICES SHALL NOT EXCEED THE GREATER OF (A) THE AMOUNTS YOU PAID TO US IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED DOLLARS ($100).
• SOME JURISDICTIONS DO NOT ALLOW CERTAIN LIMITATIONS OF LIABILITY, SO SOME OF THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU.

10. Indemnification

You agree to indemnify, defend, and hold harmless BLCK DMND and its officers, directors, employees, agents, and affiliates from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising from or relating to:

• Your use of the Services
• Your violation of these Terms
• Your Content or any content you submit through the Services
• Your violation of any rights of a third party
• Any investment decisions made based on information from the Services

11. Termination

We may suspend or terminate your access to the Services at any time, with or without cause, with or without notice. Upon termination:

• Your right to use the Services immediately ceases
• We may delete your account and associated data
• Sections that by their nature should survive termination will survive, including intellectual property provisions, disclaimers, limitations of liability, and indemnification obligations

You may request a copy of Your Content before termination by contacting support.

12. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the State of Texas, without regard to its conflict of law provisions.

Any dispute arising from or relating to these Terms or the Services shall be resolved through binding arbitration administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules. The arbitration shall be conducted in Texas. Each party shall bear its own costs and attorneys' fees, unless the arbitrator determines otherwise.

You agree to waive any right to participate in a class action lawsuit or class-wide arbitration against BLCK DMND.

13. Modifications to Terms

We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on our website and updating the "Last Updated" date. Your continued use of the Services after such modifications constitutes your acceptance of the revised Terms. If you do not agree to the modified Terms, you must stop using the Services.

14. General Provisions

• Entire Agreement: These Terms, together with our Privacy Policy, constitute the entire agreement between you and BLCK DMND regarding the Services.
• Severability: If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect.
• Waiver: Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.
• Assignment: You may not assign your rights or obligations under these Terms without our prior written consent. We may assign our rights and obligations without restriction.
• Force Majeure: We shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control.

15. Contact Information

If you have any questions about these Terms or our Services, please contact us at: