PostMoney Terms of Service
Effective date: July 16, 2026 Last updated: July 16, 2026
These Terms of Service are a legal agreement between Innoventions LLC, a Delaware limited liability company, and the person or organization agreeing to these Terms.
Innoventions LLC operates PostMoney. “PostMoney,” “Innoventions,” “we,” “us,” and “our” refer to Innoventions LLC. “Services” means the PostMoney website, hosted software, applications, features, documentation, support, and related services.
Please read these Terms carefully. By creating an account, selecting “I agree,” executing an order form that references these Terms, or accessing or using the Services, you agree to these Terms.
1. Business Use and Authority
PostMoney is offered for business and professional use.
You may use the Services only if:
- you are at least 18 years old;
- you have legal capacity to enter into a binding agreement;
- you are using the Services for business purposes and not primarily for personal, family, or household purposes;
- you are not prohibited from using the Services under applicable law; and
- if you act for an organization, you have authority to bind that organization.
If you use PostMoney for an organization, “Customer” and “you” refer to that organization. You represent that you have authority to accept these Terms for the Customer.
2. Additional Agreements and Order of Precedence
A Customer may enter into an order form, master services agreement, Data Processing Addendum, statement of work, or other written agreement with Innoventions.
If an executed written agreement conflicts with these Terms, the following order of precedence applies unless the agreement states otherwise:
- the applicable order form;
- a master services agreement or other signed customer agreement;
- a Data Processing Addendum, solely for data-protection matters;
- these Terms; and
- online documentation and policies.
Purchase orders and customer procurement documents do not modify these Terms unless Innoventions expressly agrees in a signed writing.
3. The Services
PostMoney provides software that helps investment organizations receive, organize, review, analyze, and report information relating to portfolio companies and investments.
Features may include:
- portfolio-company and investment-position records;
- document upload;
- pasted-text submission;
- inbound-email processing;
- Google Drive, Dropbox, or other connected-service imports;
- AI-assisted document processing;
- optical character recognition;
- KPI and data extraction;
- metric-schema assistance;
- source evidence and provenance;
- data review and reconciliation;
- portfolio dashboards;
- attention indicators;
- task workflows;
- internal comments and discussions;
- KPI exploration;
- report composition;
- AI-assisted report workflows;
- shared report links; and
- print or export functionality.
Features may vary by plan, customer, deployment, geography, or development stage.
4. Changes to the Services
We may improve, modify, replace, or discontinue features from time to time.
During a paid subscription term, we will not intentionally make a material reduction to the core functionality purchased by the Customer without reasonable notice, except where a change is necessary to:
- address a security risk;
- comply with law;
- prevent abuse;
- respond to a third-party provider change;
- protect the Services or other customers; or
- discontinue a beta, experimental, or unsupported feature.
We do not guarantee that every feature will remain available indefinitely.
5. Accounts and Organization Administration
5.1 Registration
Users must provide accurate, complete, and current information. Users must keep account information updated.
5.2 Credentials
Users are responsible for:
- maintaining the confidentiality of credentials;
- using reasonable security practices;
- all activity occurring through their accounts, except activity caused directly by Innoventions’ breach of these Terms;
- notifying us promptly of suspected unauthorized use; and
- complying with Customer security policies.
Accounts may not be shared by multiple individuals unless the applicable plan expressly permits shared credentials.
5.3 Customer administrators
Customer administrators may:
- invite and remove users;
- assign roles and permissions;
- access Customer Content;
- configure organization settings;
- manage connected services;
- manage subscriptions; and
- control or terminate user access.
Users acknowledge that their Customer organization controls their organization account and associated Customer Content.
5.4 Account security
We may require password resets, multifactor authentication, reauthentication, or other security steps.
We may reject a registration or username that is misleading, unlawful, infringing, or likely to create security or operational problems.
6. Subscription Plans and Usage Limits
Access to the Services may be subject to:
- subscription plans;
- user limits;
- portfolio-company limits;
- document or storage limits;
- processing limits;
- usage-based fees;
- overage fees;
- feature restrictions; and
- other limits shown at checkout or in an order form.
Customer may not circumvent technical or contractual limits.
We may measure usage to administer plans, calculate fees, maintain security, and prevent abuse.
7. Trials, Beta Features, and Early Access
We may offer free trials, demonstrations, beta features, previews, or early-access functionality.
Unless otherwise stated:
- trial and beta access is temporary;
- features may be incomplete or changed without notice;
- information may be reset or deleted when access ends;
- no service level applies;
- support may be limited; and
- beta features are provided for evaluation at Customer’s risk.
We may terminate trial, beta, or early access at any time.
If a trial converts to a paid subscription, the price, billing frequency, conversion date, and cancellation method will be disclosed when the trial begins or before payment authorization.
8. Fees and Payment
8.1 Fees
Customer will pay the fees shown:
- at checkout;
- in the applicable plan description;
- in an order form; or
- in another written agreement.
Fees may include base subscription charges, usage charges, portfolio-company overages, additional-user charges, storage charges, implementation fees, or other agreed charges.
8.2 Billing authorization
Customer authorizes Innoventions and its payment processor to charge the selected payment method for:
- recurring subscription fees;
- applicable usage or overage fees;
- taxes;
- past-due amounts; and
- other disclosed charges.
Customer must maintain accurate billing information and a valid payment method.
8.3 Billing periods and automatic renewal
Unless an order form states otherwise, paid subscriptions renew automatically for successive periods equal to the initial billing period until canceled.
The applicable billing period may be monthly, annual, or another period disclosed at checkout or in an order form.
Charges are generally billed in advance for base subscription access and may be billed in arrears for usage or overages.
8.4 Cancellation
Customer may cancel a self-service subscription through the billing or account settings made available in PostMoney or by contacting billing@postmoney.io.
Unless otherwise stated:
- cancellation stops future renewal;
- Customer retains access through the end of the paid billing period;
- cancellation does not retroactively reduce fees already incurred; and
- Customer remains responsible for usage and overage charges incurred before the effective cancellation date.
An order form with a committed term may have different cancellation rights.
8.5 Refunds
Fees are non-refundable and payment obligations are non-cancelable except:
- as required by law;
- as expressly stated in an order form;
- where these Terms expressly require a refund; or
- where Innoventions agrees otherwise in writing.
8.6 Taxes
Fees exclude applicable sales, use, value-added, withholding, and similar taxes.
Customer is responsible for applicable taxes other than taxes based on Innoventions’ net income. If Customer is legally required to withhold an amount, Customer will provide appropriate documentation and, unless prohibited by law, pay amounts necessary for Innoventions to receive the amount it would have received without the withholding.
8.7 Failed or overdue payments
If payment is overdue, we may:
- retry the payment method;
- notify Customer;
- limit or suspend access;
- charge legally permitted collection costs;
- require prepayment; or
- terminate the subscription.
We will generally provide notice and a reasonable opportunity to resolve an inadvertent payment failure before suspending a paid Customer, unless continued access creates material risk.
8.8 Price changes
We may change self-service pricing by providing at least 30 days’ notice. A price change will generally take effect at the next renewal after the notice period.
Price changes do not alter pricing fixed in an active order form until permitted by that order form.
9. License to Use the Services
Subject to these Terms and payment of applicable fees, Innoventions grants Customer a limited, non-exclusive, non-transferable, non-sublicensable right during the subscription term to:
- access and use the Services;
- permit Authorized Users to access and use the Services; and
- use documentation provided by Innoventions,
solely for Customer’s internal business purposes.
Customer may not use the Services outside the scope of its plan, order form, or these Terms.
10. Customer Content
10.1 Ownership
As between Customer and Innoventions, Customer retains all right, title, and interest in Customer Content.
These Terms do not transfer ownership of Customer Content to Innoventions.
10.2 Processing license
Customer grants Innoventions and its subprocessors a limited, non-exclusive, worldwide license during the term, and for the limited post-termination period described below, to:
- host;
- store;
- reproduce;
- transmit;
- format;
- index;
- analyze;
- extract information from;
- generate outputs from;
- display; and
- otherwise process Customer Content,
only as reasonably necessary to:
- provide the Services;
- follow Customer instructions;
- secure and support the Services;
- prevent abuse;
- comply with law; and
- exercise Innoventions’ rights under these Terms.
10.3 Customer responsibility and authority
Customer represents and warrants that:
- it has all rights, permissions, notices, consents, and lawful bases necessary to submit and process Customer Content;
- Customer Content and its use of the Services do not violate law, contract, fiduciary duty, privacy rights, confidentiality obligations, intellectual-property rights, or other third-party rights;
- its instructions to Innoventions are lawful; and
- it will not use PostMoney to improperly obtain, disclose, or exploit confidential information.
10.4 Regulated and highly sensitive data
Unless expressly agreed in writing, Customer must not use PostMoney to process:
- protected health information subject to HIPAA;
- complete payment card numbers or card security codes;
- consumer credit reports;
- Social Security numbers or equivalent government identifiers;
- account passwords belonging to third parties;
- classified government information;
- export-controlled technical data requiring special handling; or
- information whose processing requires Innoventions to enter a specialized regulatory agreement not already in place.
Incidental inclusion of personal information in ordinary business records does not by itself violate this section, provided Customer has lawful authority to process it.
10.5 Customer Content review
Customer is responsible for reviewing Customer Content, extracted data, reports, and outputs and for maintaining independent copies of information necessary for its business or legal obligations.
PostMoney is not Customer’s official books and records system unless Innoventions expressly agrees otherwise in writing.
11. Confidentiality
11.1 Confidential Information
“Confidential Information” means non-public information disclosed by one party to the other that is designated as confidential or that reasonably should be understood to be confidential.
Customer Confidential Information includes Customer Content.
Innoventions Confidential Information includes:
- non-public software;
- security information;
- pricing;
- product roadmaps;
- technical documentation;
- architecture; and
- non-public business information.
11.2 Protection and permitted use
The receiving party will:
- use Confidential Information only to perform or exercise rights under the agreement;
- protect it using at least reasonable care;
- disclose it only to personnel, affiliates, contractors, and service providers who need to know it and are subject to confidentiality obligations; and
- remain responsible for its representatives’ compliance.
11.3 Exclusions
Confidential Information does not include information that the receiving party can demonstrate:
- was lawfully known without restriction before disclosure;
- becomes public without breach;
- is received lawfully from a third party without confidentiality duty; or
- is independently developed without use of the disclosing party’s Confidential Information.
11.4 Required disclosure
A receiving party may disclose Confidential Information where legally required.
Where legally permitted, it will provide prompt notice and reasonable assistance so the disclosing party may seek protection. The receiving party will disclose only the portion legally required.
12. AI-Assisted Features
12.1 AI processing
PostMoney may use artificial intelligence and machine learning to:
- process documents;
- perform optical character recognition;
- extract data;
- summarize information;
- identify KPI candidates;
- map metrics;
- identify periods;
- suggest company associations;
- identify possible issues;
- generate analysis;
- answer questions; and
- propose report content.
12.2 AI limitations
Customer acknowledges that AI outputs may:
- contain errors;
- omit material facts;
- misread documents;
- use an incorrect reporting period;
- incorrectly map a metric;
- produce duplicate information;
- misunderstand context;
- reflect outdated information;
- generate unsupported conclusions; or
- otherwise be unsuitable for Customer’s intended purpose.
Customer must independently review and verify material outputs.
12.3 No autonomous authority
PostMoney does not have authority to:
- make investment decisions;
- execute transactions;
- value securities;
- approve financial statements;
- communicate with investors on Customer’s behalf;
- make regulatory filings;
- satisfy fiduciary duties;
- establish accounting treatment; or
- make legal or compliance determinations.
12.4 No professional advice
The Services and outputs do not constitute:
- investment advice;
- a recommendation to buy, hold, or sell securities;
- legal advice;
- accounting advice;
- tax advice;
- audit services;
- valuation advice;
- regulatory or compliance advice;
- broker-dealer services;
- investment-adviser services;
- placement-agent services; or
- fiduciary advice.
Customer is responsible for obtaining advice from qualified professionals.
12.5 AI training
Innoventions will not use Customer Content to train general-purpose AI models.
Innoventions may use feedback, corrections, operational telemetry, and properly aggregated or de-identified information to evaluate and improve PostMoney, provided the information does not identify Customer, its users, or its portfolio companies.
12.6 Outputs
Subject to these Terms, Customer may use outputs generated specifically from its Customer Content for its internal business purposes and authorized reports.
AI outputs may not be unique. Other users may receive similar outputs, and Innoventions does not represent that an output is protectable, exclusive, or non-infringing.
13. Reports, Exports, and Shared Links
13.1 Reports
Customer controls the content it selects for reports and is responsible for reviewing the accuracy, completeness, audience, and suitability of each report.
13.2 Snapshots
Report blocks may preserve a snapshot of source information as it existed when added. Later corrections to source data may not automatically update a snapshot.
Customer is responsible for determining whether a report should be refreshed or revised.
13.3 Shared links
A shared report link may allow anyone possessing the link to access the report without a separate PostMoney account.
Customer is responsible for:
- sharing links only with intended recipients;
- understanding the link’s access settings;
- protecting the link;
- revoking access;
- excluding internal or confidential information not intended for recipients; and
- complying with contractual, fiduciary, privacy, and legal obligations.
Innoventions is not responsible for access caused by Customer’s or a recipient’s disclosure of a valid shared link.
13.4 Exports
Exported or printed information is no longer protected by PostMoney’s application access controls. Customer is responsible for securing exported information.
14. Connected Services
Customer may connect PostMoney to third-party products such as Google Drive, Dropbox, email services, or other integrations.
By enabling an integration, Customer authorizes Innoventions to exchange information with that provider as necessary to provide the requested functionality.
Customer acknowledges:
- third-party services are governed by separate terms;
- Innoventions does not control third-party availability or security;
- an integration may change, become unavailable, or lose compatibility;
- disconnecting an integration may not delete previously imported information; and
- Customer is responsible for maintaining necessary third-party permissions and licenses.
Innoventions is not liable for a third-party service except to the extent directly caused by Innoventions’ breach of these Terms.
15. Acceptable Use
Customer and Authorized Users must not:
- violate applicable law or third-party rights;
- submit information without lawful authority;
- infringe intellectual-property, privacy, publicity, or confidentiality rights;
- upload malware or harmful code;
- attempt unauthorized access;
- interfere with the integrity, performance, or availability of the Services;
- bypass authentication or security controls;
- circumvent plan, usage, user, storage, or processing limits;
- probe, scan, or test vulnerabilities without written authorization;
- perform penetration testing without written authorization;
- reverse engineer the Services except where applicable law prohibits that restriction;
- scrape, crawl, or systematically extract information from the Services except through authorized exports or APIs;
- use the Services to build or train a competing product using non-public PostMoney functionality or materials;
- resell, rent, lease, sublicense, or provide service-bureau access without written authorization;
- impersonate another person or organization;
- submit deceptive, fraudulent, defamatory, or unlawful content;
- use the Services to facilitate securities fraud, market manipulation, money laundering, or other illegal financial activity;
- use automated systems in a manner that imposes unreasonable load;
- remove proprietary notices; or
- assist another person in doing any of the above.
We may investigate suspected violations and cooperate with lawful investigations.
16. Customer Responsibilities
Customer is responsible for:
- Authorized Users;
- account and permission administration;
- lawful collection and use of Customer Content;
- verifying extracted and generated information;
- investment, reporting, legal, compliance, tax, and accounting decisions;
- configuring connected services;
- protecting shared links and exports;
- maintaining independent records and backups appropriate to its obligations;
- complying with securities, privacy, fiduciary, employment, and other applicable laws; and
- obtaining necessary professional advice.
17. Privacy, Data Processing, and Security
Our Privacy Policy describes our general privacy practices and is incorporated into these Terms.
If applicable, a Data Processing Addendum may govern Innoventions’ processing of personal information on Customer’s behalf.
We will maintain administrative, technical, and organizational safeguards designed to protect Customer Content.
No system is completely secure. Customer acknowledges that internet-based services involve security risks.
Customer must promptly notify us at security@postmoney.io of suspected unauthorized access affecting its account.
18. Ownership of PostMoney
Innoventions and its licensors retain all right, title, and interest in:
- the Services;
- software;
- source and object code;
- interfaces;
- workflows;
- algorithms;
- models and prompts developed by Innoventions;
- documentation;
- designs;
- trademarks;
- service marks;
- product names;
- templates;
- system metric catalogs;
- generalized methodologies;
- aggregated and de-identified data;
- improvements; and
- all related intellectual-property rights.
Except for the limited license in these Terms, no rights are granted to Customer.
Customer Content remains owned by Customer as described above.
19. Feedback
If Customer or a user provides ideas, suggestions, or feedback, Innoventions may use them without restriction or payment.
This does not give Innoventions the right to disclose Customer Confidential Information or identify Customer publicly without permission.
20. Aggregated and De-Identified Information
Innoventions may create and use aggregated or de-identified information to:
- operate the Services;
- measure performance;
- understand feature use;
- improve functionality;
- conduct benchmarking;
- develop generalized insights; and
- support business planning.
Innoventions will take reasonable measures designed to prevent this information from identifying Customer, its users, or its portfolio companies and will not attempt to re-identify information maintained as de-identified, except to test the effectiveness of de-identification or as permitted by law.
Aggregated benchmarking will not identify a Customer or portfolio company without permission.
21. Third-Party Materials
The Services may include or interact with third-party software, data, models, services, or open-source components.
Third-party materials may be subject to separate terms.
Innoventions is not responsible for third-party content, information, or services that it does not control.
22. Publicity
Innoventions may not use Customer’s name, trademarks, or logo in public marketing materials without Customer’s permission, except to identify Customer privately for billing, support, security, or service administration.
An order form may grant separate publicity rights.
23. Suspension
We may suspend access where reasonably necessary to:
- address a security threat;
- prevent unauthorized access;
- stop unlawful or abusive activity;
- protect the Services or other customers;
- comply with law;
- respond to a material breach;
- address overdue payment; or
- prevent material harm.
Where commercially reasonable, we will provide notice and an opportunity to cure before suspension.
We may act immediately where delay could create security, legal, financial, or operational harm.
We will limit a suspension to the scope and duration reasonably necessary under the circumstances.
24. Term and Termination
24.1 Term
These Terms begin when Customer first accepts them or uses the Services and continue until all subscriptions and access rights end.
24.2 Termination by Customer
Customer may terminate a self-service subscription by canceling as described in Section 8.
Termination does not relieve Customer of payment obligations incurred before termination.
24.3 Termination for breach
Either party may terminate if the other party materially breaches the agreement and does not cure the breach within 30 days after written notice.
The cure period does not apply where:
- the breach cannot reasonably be cured;
- immediate termination is necessary to comply with law;
- continued access creates a material security risk;
- Customer uses the Services for unlawful conduct; or
- Customer intentionally compromises the Services.
24.4 Termination by Innoventions for convenience
Unless an order form states otherwise, Innoventions may terminate a self-service subscription for convenience with at least 30 days’ notice.
If Innoventions terminates a prepaid subscription for convenience, it will refund prepaid fees covering the unused period after termination.
24.5 Effect of termination
When the agreement ends:
- Customer’s access rights end;
- Customer must stop using the Services;
- unpaid amounts become due;
- each party must stop using the other party’s Confidential Information except as permitted below; and
- provisions intended to survive will survive.
25. Data Export and Deletion
During an active subscription, Customer may use available export features.
Following termination, Innoventions will generally make Customer Content available for export for 30 days, unless:
- Customer requests earlier deletion;
- an order form states another period;
- the account was terminated for unlawful conduct or security reasons;
- providing access would violate law or third-party rights; or
- the information is no longer technically available.
After the applicable period, Customer Content will be scheduled for deletion from active systems.
Customer Content may remain temporarily in:
- backups;
- security records;
- legal holds;
- billing and tax records;
- dispute records; and
- systems where immediate deletion is technically impracticable.
Any retained Customer Content remains subject to applicable confidentiality and privacy obligations and will not be used for unrelated purposes.
Customer is responsible for exporting needed information before the export period ends.
26. Customer Indemnification
Customer will defend, indemnify, and hold harmless Innoventions, its affiliates, and their officers, directors, employees, and agents from third-party claims, damages, judgments, settlements, penalties, costs, and reasonable attorneys’ fees arising from:
- Customer Content;
- Customer’s unlawful use of the Services;
- Customer’s breach of Sections 10, 13, 14, 15, or 16;
- Customer’s violation of third-party rights;
- Customer’s unauthorized disclosure of a shared report or export; or
- an investment, reporting, communication, or business decision made by Customer.
Customer has no obligation to the extent a claim was caused by Innoventions’ gross negligence, willful misconduct, or material breach of the agreement.
Innoventions will:
- promptly notify Customer of a claim;
- provide reasonable cooperation at Customer’s expense; and
- allow Customer to control the defense and settlement.
Customer may not settle a claim in a way that admits fault by Innoventions, imposes a non-monetary obligation on Innoventions, or fails to fully release Innoventions without Innoventions’ written consent.
27. Disclaimer of Warranties
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE SERVICES, AI FEATURES, OUTPUTS, REPORTS, DOCUMENTATION, AND BETA FEATURES ARE PROVIDED “AS IS” AND “AS AVAILABLE.”
INNOVENTIONS DISCLAIMS ALL EXPRESS, IMPLIED, AND STATUTORY WARRANTIES, INCLUDING WARRANTIES OF:
- MERCHANTABILITY;
- FITNESS FOR A PARTICULAR PURPOSE;
- TITLE;
- NON-INFRINGEMENT;
- ACCURACY;
- COMPLETENESS;
- QUIET ENJOYMENT; AND
- WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE.
INNOVENTIONS DOES NOT WARRANT THAT:
- THE SERVICES WILL BE UNINTERRUPTED OR ERROR-FREE;
- ALL DEFECTS WILL BE CORRECTED;
- CUSTOMER CONTENT WILL NEVER BE LOST;
- AI OUTPUTS WILL BE ACCURATE OR COMPLETE;
- A METRIC WILL BE CORRECTLY IDENTIFIED OR MAPPED;
- A REPORT WILL SATISFY A LEGAL, ACCOUNTING, AUDIT, INVESTOR, OR REGULATORY REQUIREMENT;
- THE SERVICES WILL IDENTIFY EVERY RISK, CONFLICT, ERROR, OR MATERIAL EVENT; OR
- THE SERVICES WILL PRODUCE A PARTICULAR FINANCIAL OR INVESTMENT RESULT.
CUSTOMER IS RESPONSIBLE FOR VERIFYING ALL MATERIAL INFORMATION.
Some jurisdictions do not permit certain warranty disclaimers, so portions of this section may not apply.
28. Limitation of Liability
28.1 Excluded damages
TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER PARTY WILL BE LIABLE FOR:
- INDIRECT;
- INCIDENTAL;
- SPECIAL;
- EXEMPLARY;
- PUNITIVE; OR
- CONSEQUENTIAL DAMAGES,
OR FOR LOSS OF:
- PROFITS;
- REVENUE;
- GOODWILL;
- BUSINESS OPPORTUNITY;
- ANTICIPATED SAVINGS;
- DATA;
- INVESTMENTS; OR
- BUSINESS INTERRUPTION,
ARISING OUT OF OR RELATING TO THE AGREEMENT, EVEN IF ADVISED THAT SUCH DAMAGES WERE POSSIBLE.
28.2 Liability cap
TO THE MAXIMUM EXTENT PERMITTED BY LAW, EACH PARTY’S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THE AGREEMENT WILL NOT EXCEED THE GREATER OF:
- THE FEES PAID OR PAYABLE BY CUSTOMER TO INNOVENTIONS FOR THE SERVICES DURING THE 12 MONTHS BEFORE THE EVENT GIVING RISE TO LIABILITY; OR
- ONE HUNDRED U.S. DOLLARS.
28.3 Exceptions
The exclusions and cap do not apply to:
- Customer’s payment obligations;
- Customer’s indemnification obligations;
- either party’s fraud or willful misconduct;
- infringement or misappropriation of the other party’s intellectual-property rights;
- liabilities that cannot legally be limited; or
- a party’s unauthorized use of the other party’s Confidential Information.
For avoidance of doubt, liability for Customer Content, investment decisions, investor communications, regulatory filings, accounting determinations, and reports prepared or distributed by Customer remains subject to the limitations above to the maximum extent permitted by law.
28.4 Allocation of risk
The fees reflect the allocation of risk in these Terms. The limitations apply regardless of the legal theory asserted and even if a limited remedy fails of its essential purpose.
29. No Fiduciary or Advisory Relationship
Innoventions is a software provider.
Nothing in the Services or the agreement creates:
- an investment-adviser relationship;
- a broker-dealer relationship;
- a placement-agent relationship;
- a partnership;
- a joint venture;
- an agency relationship;
- a fiduciary relationship; or
- a professional-services relationship.
Customer retains sole responsibility for its investment, fiduciary, reporting, accounting, tax, legal, and compliance obligations.
30. Export Controls and Sanctions
Customer may not access or use the Services in violation of United States export-control or sanctions laws.
Customer represents that it and its Authorized Users are not prohibited from receiving the Services under applicable trade restrictions.
31. Governing Law and Venue
These Terms and disputes arising from them are governed by the laws of the State of California, without regard to conflict-of-law rules.
The state and federal courts located in Los Angeles County, California have exclusive jurisdiction over disputes arising from or relating to these Terms or the Services.
Each party consents to personal jurisdiction and venue in those courts.
Nothing in this section prevents either party from seeking temporary or injunctive relief in a court of competent jurisdiction to protect security, Confidential Information, or intellectual-property rights.
The United Nations Convention on Contracts for the International Sale of Goods does not apply.
32. Notices
32.1 Notices to Customer
We may provide notices through:
- the Services;
- email to an account administrator;
- the billing email address;
- an order form; or
- another reasonable electronic method.
Customer is responsible for maintaining accurate contact information.
32.2 Legal notices to Innoventions
Legal notices must be sent to:
Innoventions LLC Attn: PostMoney Legal 15260 Ventura Boulevard Sherman Oaks, California 91403 United States
A copy should be sent to legal@postmoney.io.
Email alone does not constitute formal service of legal process unless Innoventions expressly agrees in writing.
33. Changes to These Terms
We may update these Terms from time to time.
For material changes, we will provide reasonable advance notice by email, through the Services, or by another reasonable method.
Changes will generally take effect:
- on the date stated in the notice;
- for an existing paid subscription, at the next renewal; or
- earlier where necessary to comply with law, address security, prevent abuse, or add functionality that does not materially reduce Customer rights.
If Customer does not agree to revised Terms, Customer must stop using the Services and cancel before the revised Terms apply.
Continued use after the effective date constitutes acceptance where permitted by law.
34. General Provisions
34.1 Entire agreement
The agreement described in Section 2 is the entire agreement concerning the Services and supersedes prior discussions and agreements about the same subject.
34.2 Assignment
Customer may not assign the agreement without Innoventions’ prior written consent, except in connection with a merger, reorganization, or sale of substantially all relevant assets, provided the assignee is not a direct competitor and agrees to the agreement.
Innoventions may assign the agreement to an affiliate or in connection with a merger, financing, reorganization, sale of assets, or change of control.
34.3 Subcontractors
Innoventions may use affiliates and subcontractors to provide the Services. Innoventions remains responsible for their performance to the extent required by the agreement.
34.4 Force majeure
Neither party is liable for delay or failure caused by events beyond its reasonable control, including natural disasters, war, terrorism, labor disputes, internet or utility failures, governmental action, epidemics, civil unrest, or widespread third-party infrastructure failures.
This section does not excuse payment obligations for Services already provided.
34.5 No waiver
Failure to enforce a provision is not a waiver.
A waiver must be in writing and applies only to the specific circumstance stated.
34.6 Severability
If a provision is held unenforceable, it will be modified to the minimum extent necessary to make it enforceable. If modification is not possible, it will be severed, and the remaining provisions will continue.
34.7 Independent contractors
The parties are independent contractors. The agreement does not create employment, partnership, agency, franchise, or joint-venture relationships.
34.8 No third-party beneficiaries
The agreement creates no third-party beneficiary rights except for parties expressly entitled to indemnification.
34.9 Headings
Headings are for convenience and do not affect interpretation.
34.10 Electronic acceptance
Electronic acceptance, electronic signatures, and electronic records have the same effect as physical signatures and records to the extent permitted by law.
34.11 Survival
Provisions concerning payment, ownership, confidentiality, AI limitations, Customer responsibility, indemnification, warranty disclaimers, liability, governing law, and other provisions that by their nature should survive will survive termination.
35. Contact
Questions about these Terms may be sent to:
Innoventions LLC Attn: PostMoney Legal 15260 Ventura Boulevard Sherman Oaks, California 91403 United States
Email: legal@postmoney.io