Terms of Service

By creating an account or using Ventura, you agree to these terms and to our Privacy Policy. If you do not agree, do not use the platform.

You must be at least 18 and legally able to enter a contract. If you are using Ventura on behalf of a fund, firm or company, you confirm you are authorised to bind that organisation, and “you” in these terms means both you and that organisation.

Where your organisation has signed a separate written agreement with us, that agreement governs and these terms fill any gaps it leaves.

Ventura takes the documents you upload about a company — typically a pitch deck, financial model or data room export — and turns them into structured diligence output. The platform currently provides:

• •Document intake and extraction. Upload PDFs, spreadsheets and slide decks; we read them (including via optical character recognition on image-based pages) and extract metrics, financials, team details and other structured data.
• •Financial analysis. KPI cards, charts and trend analysis generated from the figures we extract.
• •Valuation estimates. Ranges produced by several methods — discounted cash flow, comparables, scorecard and stage-appropriate alternatives — each shown with the assumptions behind it.
• •Market maps and research. Competitor sets, market sizing and sourced findings assembled from public web research.
• •Portfolio view. A dashboard across the companies in your workspace, including risk signals.
• •Ask Ventura. A chat assistant with context on the company you are analysing.
• •Diligence workspace, investment thesis and exports. Document organisation, thesis capture, and generated reports you can export.

Features evolve. We add, change and retire them — see section 11.

• •Give accurate registration details and keep them current.
• •Keep your credentials confidential. You are responsible for everything done under your account.
• •Tell us promptly at the address in section 18 if you suspect unauthorised access.
• •Do not share a single login between people. Add them to your workspace instead.

Companies in Ventura can be shared with colleagues under one of four roles — owner, admin, member or viewer — which determine what each person can see and change.

• •Anyone you invite can see the documents and analysis in that workspace. Invite deliberately.
• •The workspace owner is responsible for who has access and for removing people who should no longer have it.
• •If you invite someone, you confirm you are permitted to share the underlying material with them.

Documents you upload, data you enter and the analysis generated from them (“Your Content”) remain yours. We claim no ownership.

You grant us a non-exclusive, worldwide, royalty-free licence to host, store, copy, transmit, display and process Your Content, and to pass it to the providers in section 6 — strictly for the purpose of operating and supporting the platform for you. The licence lasts as long as you keep the content on Ventura, plus the limited period our backups take to cycle out.

We do not sell Your Content, and we do not use it to train our own or any third party’s AI models.

• •You own Your Content or have the rights and permissions needed to upload it and have it processed as described here.
• •Uploading it does not breach a confidentiality agreement, NDA or any law.
• •It does not infringe anyone's intellectual property or privacy rights.
• •You are responsible for its accuracy. Ventura's output is only as good as what goes in.

On our side, we treat Your Content as confidential. We do not disclose it other than to the sub-processors listed in section 6, to our personnel who need it to operate or support the platform, or where we are legally compelled — and where we are compelled, we will give you notice unless we are prohibited from doing so.

Details of our security measures and retention practices are in the Privacy Policy.

Ventura is built on third-party infrastructure and AI providers. To provide the service, Your Content — including document contents and the questions you ask — is transmitted to and processed by these sub-processors:

• •OpenAI— document extraction, insight and valuation generation, and the Ask Ventura chat assistant. Uploaded document contents and your chat messages are sent here.
• •Tavily— public web research for market maps and sourced findings. Search queries derived from company details are sent here.
• •People Data Labs — enrichment of founder and team profiles from public professional data.
• •Supabase— authentication, database and document storage.
• •Vercel— application hosting and delivery.
• •PostHog— product analytics and error monitoring.
• •Loops— transactional email such as sign-in and password reset messages.

These providers process data on our instructions and under their own terms. We contract with them on terms that prohibit using your data to train models. We may change providers; material changes to this list will be reflected here and, where required, notified to you.

Ventura and its sub-processors operate in the United States, Canada and the European Union. By using the platform you accept that Your Content is transferred to and processed in those locations.

• •Use Ventura for anything unlawful, or in breach of securities, data protection or export control law.
• •Upload malware, or content you have no right to upload.
• •Upload personal data beyond what is reasonably needed for diligence — in particular, no special-category data such as health or biometric information.
• •Reverse engineer, decompile or attempt to extract our prompts, models or source code.
• •Scrape the platform, or access it by automated means outside a documented interface.
• •Resell, sublicense or provide the platform to a third party as your own service.
• •Use output to train a competing model or build a competing product.
• •Circumvent plan limits, rate limits or access controls, including by creating multiple accounts.
• •Probe or stress the platform's security without our prior written consent.

Even on unmetered plans, use must stay within limits a reasonable customer would need. Automated bulk processing, or usage that degrades the service for others, is not permitted. We will contact you before acting on this unless the load is causing immediate harm.

Ventura offers a free plan alongside paid Premium and Enterprise plans. Free accounts are currently limited to 20 company analyses in total and 20 Ask Ventura messages per report. Your current usage is always visible in your dashboard.

Upload size and file type limits apply and are enforced at the point of upload; the applicable limit is shown in the interface. We may adjust plan limits, and will give notice before reducing a limit on a paid plan.

Large language models are probabilistic. In practice this means Ventura can, and sometimes will:

• •Misread a figure from a deck or spreadsheet, particularly in scanned or image-based documents.
• •Miss data that is present, or infer data that is not.
• •Produce a confident-sounding statement that is wrong.
• •Return different output for the same input on different runs.
• •Surface web sources that are outdated, inaccurate or not about the company you meant.

We work hard to reduce this and to show you the sources and assumptions behind the output, but we do not warrant that any output is accurate, complete or fit for a particular purpose. Check any figure that matters against the source document before you rely on it.

We aim for high availability but do not guarantee uninterrupted access. Maintenance, third-party provider outages and factors outside our control can interrupt the service.

We improve the platform continuously and may add, change or remove features. If we discontinue a feature you materially depend on, or make a change that substantially reduces the service on a paid plan, we will give reasonable notice.

Features may be offered as beta or preview. Those are provided as-is, may change or disappear without notice, and are excluded from any commitment we make elsewhere in these terms.

If you send us suggestions or feedback, we may use them without restriction or obligation to you. You are not required to send us feedback.

Close your account at any time from your settings, or by contacting us. Cancellation takes effect as described in section 8.

We may suspend or terminate an account where:

• •You materially breach these terms.
• •Fees remain unpaid after we have notified you.
• •The account is being used for fraud or unlawful activity.
• •The account poses a security risk to the platform or to other customers.
• •We are required to do so by law.

Except where the breach is serious or we are legally required to act immediately, we will notify you and give you a reasonable opportunity to fix the problem first.

Export what you need before your access ends. After termination we retain and then delete Your Content in line with the retention periods in the Privacy Policy. You can ask us to delete it sooner. Sections 4, 5, 9, 12, 14, 15 and 17 survive termination.

To the fullest extent the law allows, Ventura is provided “as is” and “as available”, without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, non-infringement, and any warranty as to the accuracy or completeness of AI-generated output.

• •Indirect, incidental, special, punitive or consequential damages.
• •Lost profits, lost revenue, lost data, or lost business opportunity.
• •Investment losses, missed opportunities, or the outcome of any decision informed by Ventura's output.
• •Inaccuracy in AI-generated analysis, valuations or research.
• •Failures of third-party providers, including those listed in section 6.
• •Unauthorised access to your account arising from your failure to keep credentials secure.

Our total aggregate liability arising out of or relating to these terms or the platform is limited to the fees you paid us in the 12 months before the event giving rise to the claim.

Nothing in these terms excludes liability that cannot lawfully be excluded — including for fraud, or for death or personal injury caused by negligence. Some jurisdictions do not allow certain exclusions, in which case the limitations above apply to the maximum extent permitted there.

You will indemnify and hold us harmless against claims, losses and reasonable legal costs arising from your use of the platform in breach of these terms, from content you upload that you had no right to upload or share, or from an investment decision you made using Ventura’s output.

We will notify you promptly of any such claim and will not settle it without your consent, which you will not unreasonably withhold.

We may update these terms as the platform and the law evolve. The date at the top of this page always reflects the current version.

For material changes — anything that meaningfully reduces your rights or increases your obligations — we will give at least 30 days’ notice by email or in-app before they take effect. Continuing to use Ventura after that date means you accept the updated terms. If you do not accept them, stop using the platform and cancel; we will refund any unused prepaid fees for the remainder of your current period.

These terms are governed by the laws of the Province of Ontario and the federal laws of Canada applicable there, without regard to conflict-of-laws rules. The courts of Ontario have exclusive jurisdiction, and both parties submit to that jurisdiction — except that either party may seek injunctive relief in any competent court to protect its intellectual property or confidential information.

Before filing a claim, please contact us and give us 30 days to resolve it informally. Most disputes are settled faster that way.

If any provision of these terms is held unenforceable, the rest remains in force. Our not enforcing a provision is not a waiver of it. You may not assign these terms without our consent; we may assign them in connection with a merger, acquisition or sale of assets. Together with the Privacy Policy, these terms are the entire agreement between us on this subject.

Questions about these terms, or about anything else, go to the same place:

• •Email hello@k2studio.co — K2 Studio
• •Browse the Help Center
• •Read the Documentation
• •Review our Privacy Policy