Privacy Policy

Last Updated: January 1, 2025

Inspakt Technology Ventures ("Inspakt," "we," "our," or "us") is committed to protecting the privacy and security of your personal information. This Privacy Policy describes how we collect, use, disclose, and safeguard information about you when you visit our website at inspakttech.org (the "Site"), contact us regarding potential investments or business relationships, or otherwise interact with us.

Please read this Privacy Policy carefully. By accessing or using our Site or services, you acknowledge that you have read, understood, and agree to be bound by this Privacy Policy. If you do not agree with the terms of this Privacy Policy, please do not access or use our Site.

1. Information We Collect

We collect information in several ways: directly from you when you provide it to us, automatically through your use of our Site, and from third-party sources.

Information You Provide Directly

When you contact us through our website contact form, submit a pitch or business proposal, subscribe to our communications, attend events we host or sponsor, or otherwise communicate with us, we may collect:

• Name, email address, phone number, and other contact information
• Professional information including company name, title, LinkedIn profile, and professional background
• Business information you choose to share with us in the context of investment discussions, including business plans, financial projections, and pitch materials
• Communication content including the text of emails, messages, and other correspondence you send us
• Any other information you choose to provide in connection with your interactions with us

Information Collected Automatically

When you visit our Site, we automatically collect certain technical information about your device and your interaction with the Site, including:

• Device information such as hardware model, operating system, browser type and version, and unique device identifiers
• Log data including your IP address, pages viewed, time spent on pages, links clicked, referring pages, and the date and time of your visit
• Location information derived from your IP address (general geographic region)
• Cookie and tracking technology data as described in our Cookie Policy

Information from Third Parties

We may receive information about you from third-party sources, including:

• Professional networking platforms such as LinkedIn when you interact with our company profiles or share information through those platforms
• Business information services, news sources, and publicly available databases in connection with investment research and due diligence
• Referrals from our network, portfolio companies, and other investors who recommend founders or professionals for connection with us

2. How We Use Your Information

We use the information we collect for legitimate business purposes consistent with the context in which you provided the information. Specifically, we use your information to:

• Evaluate investment opportunities: Review and assess business proposals, pitch materials, and other information submitted in connection with potential investments in companies you represent or are affiliated with
• Conduct research and due diligence: Research founders, management teams, market opportunities, competitive landscapes, and other information relevant to our investment decision-making process
• Communicate with you: Respond to your inquiries, provide information about our investment activities, and correspond with you about potential or existing investment relationships
• Maintain business relationships: Manage our relationships with portfolio company founders, co-investors, limited partners, service providers, and other business contacts
• Send communications: With your consent where required, send you newsletters, event invitations, research publications, and other communications about Inspakt's activities and the broader B2B technology ecosystem
• Improve our Site and services: Analyze how visitors use our Site to improve its content, functionality, and performance
• Comply with legal obligations: Meet our legal, regulatory, and compliance obligations, including financial regulation requirements applicable to investment advisers
• Protect our rights and interests: Investigate, prevent, and address fraud, security issues, and other potentially prohibited or illegal activities

3. Legal Basis for Processing (EEA and UK Residents)

If you are located in the European Economic Area (EEA) or United Kingdom, we process your personal data on the following legal bases:

• Legitimate interests: We process most information about founders, investors, and business contacts on the basis of our legitimate business interests in evaluating investments, conducting research, and managing business relationships, where those interests are not overridden by your rights
• Contract performance: Where we have entered into a contract with you or are taking steps at your request prior to entering a contract
• Legal obligation: Where processing is necessary to comply with applicable laws and regulations
• Consent: Where we rely on your consent, such as for marketing communications, you may withdraw that consent at any time

4. Sharing Your Information

We do not sell your personal information. We may share your information in the following circumstances:

Within our organization: Information is shared among Inspakt partners, associates, and staff who have a business need to access it in connection with investment evaluation, portfolio management, or other legitimate business purposes.

With service providers: We engage third-party service providers who perform services on our behalf, including website hosting, analytics, email communication, CRM software, legal and compliance services, and accounting. These providers access your information only as necessary to perform their services and are contractually obligated to protect your information.

With investment ecosystem participants: In connection with co-investment opportunities, we may share information about potential investments with our co-investor network, including Plug and Play Tech Center and other investment partners. We do so on a confidential basis and with appropriate protections in place.

For business transfers: If Inspakt Technology Ventures undergoes a merger, acquisition, reorganization, or sale of all or a portion of its assets, your information may be transferred as part of that transaction, subject to customary confidentiality protections.

As required by law: We may disclose your information if required by law, court order, or governmental authority, or if we believe in good faith that disclosure is necessary to protect the rights, property, or safety of Inspakt, our portfolio companies, or others.

5. California Privacy Rights (CCPA/CPRA)

If you are a California resident, the California Consumer Privacy Act (CCPA), as amended by the California Privacy Rights Act (CPRA), provides you with specific rights regarding your personal information. These rights include:

• Right to Know: You have the right to request that we disclose the categories and specific pieces of personal information we have collected about you, the categories of sources from which we collected it, the purposes for collecting it, and the categories of third parties with whom we share it.
• Right to Delete: You have the right to request deletion of your personal information, subject to certain exceptions including our need to retain information for legal compliance, investment regulation purposes, and legitimate business operations.
• Right to Correct: You have the right to request correction of inaccurate personal information we hold about you.
• Right to Opt Out of Sale: We do not sell personal information. If we were to do so in the future, you would have the right to opt out.
• Right to Non-Discrimination: We will not discriminate against you for exercising your privacy rights.

To exercise your California privacy rights, please contact us at privacy@inspakttech.org. We will respond to verifiable requests within 45 days as required by law.

6. Data Retention

We retain personal information for as long as necessary to fulfill the purposes described in this Privacy Policy, unless a longer retention period is required by applicable law. In practice, this means:

• Information related to investment evaluations and due diligence is typically retained for the life of the fund plus any applicable legal or regulatory retention periods
• Information related to portfolio company relationships is retained for the duration of the investment relationship plus any applicable legal or regulatory retention periods
• Marketing contact information is retained until you opt out or request deletion
• Website analytics data is retained in aggregated or anonymized form indefinitely and in identifiable form for up to 26 months

7. Data Security

We implement appropriate technical and organizational security measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction. These measures include encryption of data in transit and at rest, access controls limiting who can access personal information to those with a legitimate need, regular security assessments of our systems and service providers, and incident response procedures for addressing potential security breaches.

No method of transmission over the internet or electronic storage is completely secure. While we implement reasonable safeguards, we cannot guarantee the absolute security of your personal information.

8. International Data Transfers

Inspakt Technology Ventures is based in the United States. If you access our Site or provide information to us from outside the United States, your information may be transferred to and processed in the United States, where data protection laws may differ from those in your jurisdiction. By using our Site or providing us with your information, you consent to the transfer of your information to the United States.

For transfers from the EEA or UK, we implement appropriate safeguards as required by applicable data protection law, including Standard Contractual Clauses or other approved transfer mechanisms where required.

9. Your Rights and Choices

Depending on your jurisdiction, you may have the following rights regarding your personal information:

• Access the personal information we hold about you
• Request correction of inaccurate information
• Request deletion of your information (subject to certain exceptions)
• Object to or restrict certain processing activities
• Withdraw consent where processing is based on consent
• Lodge a complaint with your local data protection authority

To exercise any of these rights, please contact us using the contact information below. We will respond to your request in accordance with applicable law.

10. Cookies and Tracking Technologies

Our Site uses cookies and similar tracking technologies. For detailed information about the types of cookies we use, why we use them, and how you can control them, please see our Cookie Policy.

11. Third-Party Links

Our Site may contain links to third-party websites, including the websites of portfolio companies, co-investors, and industry resources. This Privacy Policy does not apply to those websites, and we are not responsible for the privacy practices of third parties. We encourage you to review the privacy policies of any third-party websites you visit.

12. Children's Privacy

Our Site and services are directed to business professionals and are not intended for use by individuals under the age of 16. We do not knowingly collect personal information from children. If we learn that we have inadvertently collected personal information from a child under 16, we will promptly delete that information.

13. Changes to This Privacy Policy

We may update this Privacy Policy from time to time to reflect changes in our practices, applicable law, or for other operational, legal, or regulatory reasons. When we make material changes, we will update the "Last Updated" date at the top of this page. We encourage you to review this Privacy Policy periodically to stay informed about how we protect your information. Your continued use of our Site after any changes constitutes your acceptance of the updated Privacy Policy.

14. Contact Us

If you have questions, concerns, or requests regarding this Privacy Policy or our privacy practices, please contact us at:

• Email: privacy@inspakttech.org
• Mail: Inspakt Technology Ventures, Attn: Privacy, 535 Mission Street, San Francisco, CA 94105
• Website: inspakttech.org/contact.html

We aim to respond to all privacy inquiries within 30 days. For requests that require more time, we will notify you of the extended timeline and the reason for the delay.