Legal

Terms of use

Thanks for your interest in our Website at https://sumeruventure.com/. Your use of this Website, including the content, materials and information available on or through this Website (together, the “Materials”), is governed by these Terms of Use (these “Terms”). By using this Website, you acknowledge that you have read and agree to these Terms.

Who We Are

This Website is maintained and operated by Sumeru Ventures, LLC, which provides administrative and other services to various Sumeru Ventures entities. In accordance with industry custom, this Website occasionally uses terminology that may be interpreted to suggest that our firm is actually a single entity. However, there is no such single entity and all of the entities that comprise our firm have their own separate legal existence.

Materials

Except for certain Materials that may be provided through a password protected area on this Website (see below), ALL MATERIALS ARE PROVIDED “AS IS,” MAY NOT BE RELIED UPON FOR ANY PURPOSE, AND ARE NOT SUBJECT TO EXPRESS OR IMPLIED WARRANTIES OF ANY KIND. In particular, except to the extent that Materials provided through a password protected area on this Website are subject to different rules, we make no representations or warranties with regard to the Materials’ accuracy, completeness, non-infringement or fitness for a particular purpose. You should be aware that a significant portion of the Materials include or consist of information that has been provided by third parties and has not been validated or verified by us. In connection with our investment activities, we often become subject to a variety of confidentiality obligations to funds, investors, portfolio companies and other third parties. Any statements we make may be affected by those confidentiality obligations, with the result that we may be prohibited from making full disclosures. Without limitation on the effect of other warnings and disclaimers set forth in these Terms, you should interpret any statements we make (on this Website or otherwise) in that context. Please ensure that your own computer security is comprehensive and up to date. We accept no responsibility for viruses, malware or other malicious or damaging software contained in the Materials or otherwise.

Third-Party Sites

We accept no responsibility for third-party sites available through this Website, via hyperlink or otherwise. You are encouraged to review the terms of use applicable to those sites. Any access to, or use of, a third-party site is solely at your own risk.

Password Protected Areas

Certain Materials may be made available through a password protected area on this Website. Each password is intended to be confidential and used only by the individual or entity to whom it is issued. Do not disclose your password to any unauthorized person. If you access Materials through a password protected area, please note that the written agreements between you and the applicable Sumeru Ventures entities, as well as any provisions set forth in those Materials, govern the parties’ respective rights and obligations with regard to those Materials. In particular, Materials provided through a password protected area generally are confidential and subject to limitations on disclosure and use, and Sumeru Ventures individuals and entities generally have limited liability with respect to the accuracy and completeness of such Materials.

No Offer, Solicitation or Advice

Except to the extent expressly set forth in Materials provided through a password protected area on this Website, or as otherwise specified by a Sumeru Ventures entity in writing, nothing on this Website is intended to constitute (i) an offer, or solicitation of an offer, to purchase or sell any security, other asset or service, (ii) investment advice or an offer to provide such advice, or (iii) a basis for making any investment decision. Except as expressly stated by a Sumeru Ventures entity in writing, neither this Website nor any of the Materials make any effort to present a comprehensive or balanced description of Sumeru Ventures or its investment activities.

Restrictions on Use; No License

We reserve all rights with respect to the design and content of this Website. In particular, you must not misappropriate the design or content of this Website and you must not alter or deface such design or content in any way. Nothing on this Website grants any license with respect to such design or content, except that you may download and use Materials solely for your own personal information.

Copyright.

All logos, graphics, articles and other Materials on this Website are protected by United States and foreign copyright and other applicable laws. In particular, all logos displayed on this Website are proprietary to Sumeru Ventures, its affiliates or their respective third-party owners and this Website grants no license thereto.

Submitting a Business Plan or Other Confidential Information

Due to the large number of business plan ideas and related materials that we review, and the similarity of many such plans and materials, we cannot accept responsibility for protecting against misuse or disclosure any confidential or proprietary information or other materials in the absence of our express written agreement to do so. Please consider this carefully before sending us any information or other materials that you deem confidential or proprietary.

Privacy Statement

Sumeru Ventures values the privacy of those who use this Website. Please read this Privacy Statement which covers topics from “Information We Collect” through “Disclaimer Regarding Business Information” (this “Statement”) for details about our approach to privacy. Except as supplemented or superseded by a more focused privacy statement or a binding written agreement, this Statement also applies to investors in Sumeru Ventures investment funds.  This Statement governs information you provide to us, or that we learn from your use of this Website, and tells you how we may collect, use and, in some instances, share this information.

Limitation of Liability

Except as specifically agreed by a Sumeru Ventures entity in writing, NO SUMERU VENTURES INDIVIDUAL OR ENTITY SHALL HAVE ANY LIABILITY BASED UPON YOUR USE OF, OR RELIANCE UPON, THIS WEBSITE OR THE MATERIALS. Some jurisdictions limit our ability to disclaim liability. With regard to those jurisdictions, our liability shall be limited to the greatest extent permitted by applicable law.

Sharing of Your Information

Except as otherwise noted in this Statement, we generally do not share personal information about our users with third parties unless we believe doing so is appropriate in connection with the management or operation of our investment funds, or to carry out a user’s request, or we reasonably believe that doing so is legally required or is in our interest to protect our property or other legal rights or the rights or property of others.

We occasionally hire other companies to provide limited services on our behalf, such as processing tracking information; providing customer support; hosting this Website; performing statistical analysis; helping us to understand usage patterns for certain content, services and/or the functionality of this Website; providing Website maintenance and security; offering certain features on this Website; assisting us in improving the way this Website works and looks; and creating new features. It is intended that those companies will be permitted to obtain only the personal information they need to deliver the service. They are generally required to maintain the confidentiality of the information and are generally prohibited from using it for any other purpose.

We do not plan to share user personal information with other, third-party organizations for their marketing or promotional use without your consent or except as part of a specific program or feature for which you will have the ability to opt-in. Sumeru Ventures generally will not sell or rent your personal information to third parties
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Accessing Your Personal Information

You may have the ability to view or edit your personal information online. In order to help prevent your personal information from being viewed by others, you will be required to sign in with your credentials (user ID/name and password). The appropriate method(s) for accessing your personal information will depend on which sites or services you have used.

The Way We Use Information

Broadly speaking, we use personal and other information for purposes of conducting our business and investment activities, delivering newsletters to subscribers, delivering information to our investors, providing customer service and making available other products and services to the users of this Website. Additionally, we may use information that we collect from our users to understand their usage trends and preferences, to improve the way this Website works and looks, to improve our marketing and promotional efforts and to create new features and functionality.

Personal information collected via Sumeru Ventures sites and services may be stored and processed in the United States or any other country in which Sumeru Ventures or its affiliates, subsidiaries or agents maintain facilities, and by using a Sumeru Ventures site or service, you consent to any such transfer of information outside of your country. Sumeru Ventures abides by the safe harbor framework as set forth by the United States Department of Commerce regarding the collection, use and retention of data from the European Union.

Notwithstanding any provision of this Statement to the contrary, except as we have otherwise agreed in a binding written agreement, we reserve the right to use any information in any manner permitted or required by applicable law.

Modification of these Terms

We reserve the right to modify these Terms at any time. Please check these Terms periodically for changes. Your continued use of this Website after the posting of changes constitutes your binding acceptance of such changes.

Information We Collect

In order to access some Sumeru Ventures services, you will be asked to provide what is generally called “personal information” (such as your name, email address, social security number, tax identification number, company name and title/position). You may also be asked to provide questions and secret answers, which we use to help verify your identity and assist in resetting your password.

Sumeru Ventures may, but has no obligation to, monitor and record activity on this Website for any reason. Sumeru Ventures may collect “tracking information” about your visit, including the pages you view, the links you click and other actions taken in connection with Sumeru Ventures sites and services. Sumeru Ventures also collects certain standard information that your browser sends to every website you visit, such as your IP address, browser type and language, access times and referring website addresses.

When you receive newsletters or promotional e-mail from Sumeru Ventures, we may use web beacons, customized links or similar technologies to determine whether the e-mail has been opened and which links you clicked, in order to provide you with more focused e-mail communications or other information.

In order to offer you a more consistent and personalized experience in your interactions with Sumeru Ventures, information collected through one Sumeru Ventures service may be combined with information obtained through other Sumeru Ventures services. 

If Sumeru Ventures were to sell its assets, merge with another entity or file for bankruptcy, information collected from this Website generally would be a Sumeru Ventures asset and may be transferred.

The Way We Use Information

Broadly speaking, we use personal and other information for purposes of conducting our business and investment activities, delivering newsletters to subscribers, delivering information to our investors, providing customer service and making available other products and services to the users of this Website. Additionally, we may use information that we collect from our users to understand their usage trends and preferences, to improve the way this Website works and looks, to improve our marketing and promotional efforts and to create new features and functionality.

Personal information collected via Sumeru Ventures sites and services may be stored and processed in the United States or any other country in which Sumeru Ventures or its affiliates, subsidiaries or agents maintain facilities, and by using a Sumeru Ventures site or service, you consent to any such transfer of information outside of your country. Sumeru Ventures abides by the safe harbor framework as set forth by the United States Department of Commerce regarding the collection, use and retention of data from the European Union.

Notwithstanding any provision of this Statement to the contrary, except as we have otherwise agreed in a binding written agreement, we reserve the right to use any information in any manner permitted or required by applicable law.

Miscellaneous

This Website is operated and controlled by Sumeru Ventures, LLC in the United States of America. If it is illegal or prohibited in your country of origin to access or use this Website, then you should not do so. Those who choose to access this Website outside the United States of America access it on their own initiative and are responsible for compliance with all local laws and regulations. These Terms, and any disputes relating to these Terms or your use of this Website or the Materials, shall be governed in all respects by the laws of the State of California, without regard to conflicts of laws principles. Except as otherwise agreed in writing by the applicable Sumeru Ventures entities, any disputes relating to these Terms shall be resolved exclusively in the state or federal courts located in Los Angeles County, California. These Terms set forth the entire agreement between you and us with respect to the subject matter hereof and supersede all prior agreements relating to such subject matter. All Sumeru Ventures individuals and entities are intended third-party beneficiaries of these Terms. Our rights under these Terms may be waived by us only in writing. These Terms are binding on you as well as your successors and permitted assigns. In the event any provision of these Terms is determined to be invalid or unenforceable, such provision shall be deemed severed from the remainder of these Terms and replaced with a valid and enforceable provision as similar in intent as reasonably possible to the provision so severed, and shall not cause the invalidity or unenforceability of the remainder of these Terms.

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