Effective date: March 25, 2025
These Terms of Service (“Terms”) govern your access to and use of the EquiRound platform and website (equiround.com), operated by Hey Data Pty Ltd (“we”, “us”, or “our”). By creating an account or using the Service, you agree to be bound by these Terms. If you do not agree, do not use the Service.
To use the Service, you must create an account. You agree to:
You are responsible for all activity that occurs under your account.
EquiRound provides a cap table management, ESOP tracking, and funding round dilution simulation platform for startups and businesses. The Service includes features such as ownership tracking, share class management, equity grant administration, convertible instrument modeling, waterfall analysis, and document storage.
EquiRound is a management tool and does not constitute legal, financial, tax, or investment advice. Equity decisions have significant legal and financial implications. Always consult qualified professionals — including lawyers, accountants, and financial advisors — before making equity-related decisions based on information displayed in the Service.
EquiRound offers free and paid subscription plans. Current plans, features, and pricing are available on our pricing page. All plans include access to all features — plans differ based on your company’s funding stage.
We may change our pricing from time to time. If we change the price of your current plan, we will notify you at least 30 days before the change takes effect. If you do not agree to the new pricing, you may cancel your subscription before the change applies.
If a payment fails, we will attempt to process it again and notify you. If payment remains unsuccessful after a reasonable period, we may suspend or downgrade your account until payment is resolved.
You retain full ownership of all Content you enter into EquiRound, including cap table information, stakeholder data, equity records, financial data, and uploaded documents. We do not claim any ownership rights over your Content.
By using the Service, you grant us a limited, non-exclusive license to store, process, and display your Content solely for the purpose of providing and improving the Service. This license ends when you delete your Content or close your account.
You may export your data at any time using the export features available in the Service (such as CSV export). We believe your data belongs to you, and you should always be able to take it with you.
Your Content is handled in accordance with our Privacy Policy. We treat all equity and financial data as confidential.
You agree not to:
We reserve the right to suspend or terminate your account if you violate these terms.
The Service, including its design, code, features, documentation, trademarks, and branding, is owned by Hey Data Pty Ltd and is protected by intellectual property laws. These Terms do not grant you any rights to use our trademarks, logos, or branding without our prior written consent.
As stated above, you retain full ownership of your Content. Nothing in these Terms transfers ownership of your data to us.
The Service may integrate with or rely on third-party services for authentication, payment processing, cloud infrastructure, and other functionality. We are not responsible for the availability, accuracy, or practices of third-party services. Your use of third-party services is subject to their respective terms and privacy policies.
We make reasonable efforts to keep the Service available and performing well. However, we do not guarantee uninterrupted, error-free, or secure access to the Service. The Service may be temporarily unavailable due to:
We are not liable for any loss or damage resulting from Service unavailability.
To the maximum extent permitted by law:
These limitations apply regardless of the legal theory on which a claim is based.
You agree to indemnify, defend, and hold harmless Hey Data Pty Ltd, its officers, directors, employees, and agents from any claims, damages, losses, or expenses (including reasonable legal fees) arising from:
You may delete your account at any time through the Service. Upon deletion, we will handle your data as described in our Privacy Policy.
We may suspend or terminate your account if:
Where possible, we will provide notice before termination and an opportunity to export your data.
Upon termination, your right to use the Service ends. We will retain or delete your data in accordance with our Privacy Policy.
These Terms are governed by the laws of Australia. Any disputes arising from these Terms or your use of the Service will be subject to the jurisdiction of the courts of Australia.
Before initiating any formal legal proceedings, you agree to first contact us and attempt to resolve the dispute informally. We will make reasonable efforts to resolve any issue within 30 days.
We may update these Terms from time to time. If we make material changes, we will notify you by email or through a notice on the platform at least 14 days before the changes take effect.
Continued use of the Service after the effective date of updated Terms constitutes your acceptance of the changes. If you do not agree to the updated Terms, you should stop using the Service and cancel your subscription.
The “Effective date” at the top of this page indicates when these Terms were last updated.
If any provision of these Terms is found to be invalid or unenforceable, that provision will be limited or eliminated to the minimum extent necessary, and the remaining provisions will remain in full force and effect.
These Terms, together with our Privacy Policy, constitute the entire agreement between you and Hey Data Pty Ltd regarding your use of the Service.
If you have questions about these Terms, please contact us.