Privacy policy

FasterCapital takes your privacy seriously, that’s why we have updated our platform to meet GDPR standards, and we will continue to invest in industry-leading data privacy initiatives. We believe GDPR is not just a regulation; respecting the privacy rights of users (regardless of origin) is the right thing to do.
Our Privacy Policy is intended to describe you how and what data we collect, and how and why we use your personal data. It also describes options we provide for you to access, update or otherwise take control of your personal data that we process.

What information do we collect?

Personal data (mentor, regional partner and investor submissions)

We don’t have any signup process. What we gather usually is Name, Email, Phone, Linkedin (or other social’s ids). We will keep that information confidential and secure and we will never sell them to any 3rd party companies.

Startup data

Startup/Product submission: When a user submits a startup on FasterCapital, he fills up relevant information related to that startup which can be categorized into:

Public Information: such as but not limited to

Name,
brief description,
URL and Images,
and videos of startup

Private Information: such as but not limited to

Business Plan
Executive summary
Financial Plan
Achievements
Story
Future Plan

Both public information and private information will not be disclosed to any party without your prior approval. The public information will be disclosed on our website once you sign an acceleration or Tech Cofounder agreement with us. The private information will be only disclosed to potential investors in our network after your approval in the acceleration or Tech Cofounder.

Idea data

When a user submits an idea on FasterCapital, he fills up relevant information related to that idea which are all public information. The Terms and Conditions will highlight the nature of disclosure and that there’s no confidentiality of the information submitted. FasterCapital will keep personal information confidential and will not use them or sell them to any third party.

Cookies:

These are small text files (typically made up of letters and numbers) placed in the memory of your browser or device when you visit a website or view a message. Cookies allow a website to recognize a particular device or browser.

We don’t use cookies as our submissions happen in one page.

We don’t show any third-party ads on our website.

Third-Party Tools/Analytics on the Website

The Website utilizes third-party tracking tools and a few more other tools to facilitate our operations from third-party service providers, which may enable these third parties to analyze our Website data and traffic for various purposes. Some of these third-party service providers may collect information from this Website for retargeting and interest-based advertising purposes. All of these tools are hosted by the third parties who provide them, and your interactions with these features are governed by the privacy policies of the third parties providing them. These tools include, but are not limited to, those below

Google Analytics: We may use Google Analytics and Google Analytics Demographics and Interest Reporting to collect information regarding visitor behavior and visitor demographics on our Website and to develop website content. This analytics data is not tied to any Personal Data.

For more information about Google Analytics, please visit www.google.com/policies/privacy/partners/ . You can opt-out of Google’s collection and processing of data generated by your use of the Services by visiting http://tools.google.com/dlpage/gaoptout

MailChimp: We use MailChimp to send newsletters to our subscribers. For more information about Mailchimp’s services, visit https://mailchimp.com/legal/privacy/

How we utilize information.

We collect minimum data and use it only for important things such as Delivering, improving, updating and enhancing the Services we provide to you.

We utilize this information:

To provide, maintain, optimize, research and improve the Website;

To fulfill your and prospective Clients’ requests for the Services;

To improve and optimize the operation and performance of our Services:

To understand and analyze how you use our Services and what is most relevant to you;

To send Newsletter emails, information about the Services including confirmations, invoices, payment processing, technical notices, updates, security alerts, and support and administrative messages;

To manage your information and account, to improve and administer our Website,

OPT OUT

From Newsletter emails: You can opt-out from newsletter emails by unsubscribing from our email list. Unsubscribe option can be found in the bottom of newsletter email.

We Secure the Information We Collect

Securing the information provided by our Clients and collected through our Website is important to us. We follow generally accepted standards to store and protect the personal data we collect, including utilization of encryption where appropriate.

How you can access, update or delete your data.

You can’t access your data but you can update the data by resubmitting again and we will update them on your behalf.

Please note you can directly delete your data by sending us an email to contact@FasterCapital.com. Your data consists of your personal information, all the info you submitted, startups/products/ideas submitted by you.

Contact us.

If you have any questions, concerns or complaints about our Privacy Policy, our practices or our Services, you may contact us by sending an email at contact@FasterCapital.com .