TERMS OF USE

Who can apply to preRound?

In order to apply to preRound, you must:

  • be 18 years of age or older. Parents will need to co-submit an application for their minor child. Other eligibility requirements will apply.
  • use your real name and the real name of your organisation as well as provide accurate, correct and truthful information;
  • be allowed to submit under any and all laws that apply to you or our provision of our services;
  • have the authority to bind any organization or legal entity on behalf of who you use our services. If you are representing and binding an organization or legal entity to these policies, all references to "you" and "your" will also be interpreted as referring to that entity; and
  • not have previously been disbarred by us for your violation of our policies.
By submitting your application, you agree to comply with the policies.

Your Application

By submitting your business, product, idea information by email or the online application form, you are accepting and agreeing to Nousium LLC's Terms of Use and you acknowledge and agree that you are doing so solely for purposes of applying to and potentially being considered by Nousium LLC to be a participant on PreRound and will not receive any compensation or credit for making a submission. You understand that your submission is not confidential nor submitted in confidence or trust. You further understand that Nousium LLC, Funding Founding, and their respective affiliated or related entities (collectively "PreRound Entities") are diversified companies who may possess or come to possess information similar or identical to information contained in your submission, and you agree that any such similarity or identity shall not give rise to any claim or entitlement, whether for compensation, credit or otherwise. By making an submission, you hereby release the PreRound Entities and their respective directors, officers, shareholders, members, employees, and licensees from any and all claims or liabilities relating to your submission.

Subject to the exceptions described below, if you submit an application to preRound, we will not share the specific contents of your application, other than for the purpose of evaluating your application. When we share your application for such evaluation purposes, we will use reasonable efforts to ensure that those evaluators (whether within or outside of preRound) agree to treat your application confidentially. We may use your application, and all information or materials included in your application, for any preRound-related purpose. This includes, without limitation:

  • Compiling and publishing aggregated statistics regarding technology, companies, founders, investors, etc.
  • Tracking applicants, founders, investments, companies and application trends.

You agree, confirm and acknowledge that you may not, at any time, submit, provide, upload or make available any content which, whether in whole or in part:

  • is unlawful, harmful, threatening, defamatory, obscene, infringing, harassing or racially or ethnically offensive;
  • facilitates illegal activity;
  • depicts sexually explicit images;
  • promotes unlawful violence;
  • is discriminatory based on race, gender, colour, religious belief, sexual orientation, disability;
  • is calculated to damage or hinder the operation of our services; or
  • is otherwise illegal or causes damage or injury to any person or property.

Maintenance of Applications

After the application process has ended, we may retain your application and the information contained therein. If you have questions or concerns about your application, please contact apply@preround.com.

Children Under 13

preRound does not knowingly collect personal data, or accept applications, from children under the age of 13. If you are under the age of 13, please do not submit any personal data or applications through the site. Please have your parent contact us at apply@preround.com to discuss your application.

General Information Included in Your Application

Due to the large number of applications and related materials that we receive and review as preRound entities, and the similarity of much of the information provided in such materials, we cannot accept responsibility for protecting against misuse or disclosure of any general information, knowledge or other materials (including without limitation any information generally known in your industry) included in or provided with your application.

Protection of intellectual property rights (ex. patents, trademarks, copyright, trade secrets, etc.) of your concept is your responsibility and your responsibility alone. If your application has an idea or product that you might want to patent, we strongly recommend applying for a patent or speaking to a lawyer before submitting your application to preRound.

Information you include in your application will be shared with the set of reviewers that review your application. Please note that these reviewers do NOT sign Non-Disclosure Agreements (NDAs). Therefore, you should not include any information in your application that you feel could be harmful to your company should that information be disclosed.

Note that applying to preRound is very similar to presenting your idea to potential investors. Very few investors (Venture Capitalists or "angel investors") will agree to sign an NDA before even hearing your initial pitch. It is up to you to determine the right balance between sharing enough information to get people interested and to give you credibility - and sharing information that could potentially be damaging to your company if it were to be disclosed.

Changes to this Applications Privacy Policy

Our application process may change from time to time. As a result, at times it may be necessary for preRound to make changes to this privacy policy. preRound reserves the right to update or modify this privacy policy at any time and from time to time without prior notice. Please review this policy periodically, and especially before you submit an application. This privacy policy was last updated on the date indicated below. Your submission of an application or continued use of the site after any changes or revisions to this privacy policy shall indicate your agreement with the terms of such revised privacy policy.

Last updated: August 4, 2019