Privacy Policy

Last updated: 25. August 2025

1. Introduction

At Founderoom ("we," "our," or "us"), we respect your privacy and are committed to protecting your personal data. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our AI-powered founder equity analysis platform.

Your Privacy Matters: We believe in transparency about our data practices and your rights regarding your personal information.

2. Information We Collect

Personal Information

We collect information you provide directly to us, including:

  • Name and email address (for account creation)
  • Company and team information
  • Founder background and experience details
  • Business model and industry information
  • Equity preferences and constraints

Technical Information

  • IP address and device information
  • Browser type and version
  • Usage patterns and interaction data
  • Session recordings (anonymized)

AI Interaction Data

  • Interview responses and feedback
  • Generated recommendations and ratings
  • User preferences and customizations

3. How We Use Your Information

We use the information we collect for the following purposes:

Service Provision

  • Generate personalized equity and terms recommendations
  • Facilitate team collaboration and feedback
  • Create and deliver analysis documents
  • Provide customer support

Service Improvement

  • Improve our AI models and algorithms
  • Analyze usage patterns to enhance user experience
  • Develop new features and capabilities
  • Conduct research and analytics (using aggregated, anonymized data)

Legal and Security

  • Comply with legal obligations
  • Protect against fraud and abuse
  • Enforce our Terms of Service
  • Respond to legal requests

4. AI and Machine Learning

Our AI-powered platform processes your data to provide personalized recommendations. Here's how we handle AI-related data:

Data Protection in AI Processing

  • Your specific business data is never shared with other users
  • We use aggregated, anonymized data to improve our models
  • Personal identifiers are removed from training datasets
  • AI processing occurs in secure, encrypted environments

Third-Party AI Services

We use OpenAI's services for some AI processing. Data sent to OpenAI is governed by their privacy policy and our data processing agreements, which include:

  • No use of your data for training their models
  • Data encryption in transit and at rest
  • Automatic data deletion after processing

5. Data Sharing and Disclosure

We do not sell, trade, or otherwise transfer your personal information to third parties, except in the following circumstances:

Within Your Team

  • Team members can see shared analysis and feedback
  • Ratings and comments are visible to team members
  • Team administrators have access to team data

Service Providers

  • Cloud hosting providers (Cloudflare)
  • AI processing services (OpenAI)
  • Email service providers
  • Analytics and monitoring tools

Legal Requirements

  • When required by law or legal process
  • To protect our rights and property
  • To prevent fraud or abuse
  • In connection with a business transfer or merger

6. Data Security

We implement appropriate technical and organizational measures to protect your personal data:

Technical Measures

  • End-to-end encryption
  • Secure data transmission (HTTPS)
  • Regular security audits
  • Access controls and authentication

Organizational Measures

  • Employee training on data protection
  • Limited access on need-to-know basis
  • Regular backup and recovery procedures
  • Incident response protocols

7. Your Rights

Depending on your location, you may have the following rights regarding your personal data:

Access and Control

  • Access your personal data
  • Correct inaccurate information
  • Delete your account and data
  • Export your data

Processing Rights

  • Object to processing
  • Restrict processing
  • Withdraw consent
  • File complaints with authorities

Exercise Your Rights: Contact us at privacy@founderoom.com to exercise any of these rights. We will respond within 30 days.

8. Data Retention

We retain your personal data only as long as necessary for the purposes outlined in this policy:

  • Account Data: Until you delete your account
  • Analysis Data: 7 years for business records
  • Usage Data: 2 years for analytics purposes
  • Legal Data: As required by applicable laws

When data is no longer needed, we securely delete or anonymize it.

9. International Data Transfers

Your data may be processed in countries other than your own. We ensure appropriate safeguards are in place:

  • Standard Contractual Clauses (SCCs)
  • Adequacy decisions by regulatory authorities
  • Certification schemes and codes of conduct
  • Binding corporate rules

10. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by:

  • Posting the updated policy on our website
  • Sending email notifications to registered users
  • Displaying prominent notices in our application

Your continued use of our Service after any changes indicates your acceptance of the updated Privacy Policy.

11. Contact Us

If you have any questions about this Privacy Policy or our data practices, please contact us:

Contact: contact@founderoom.com