LTSE Services Summary

Effective date: 9-25-2018

1. Processing operations:

Subject Matter, Nature and Scope and Purpose of Data Processing

LTSE processes Customer Personal Data for the purposes of providing LTSE service(s) as described below to Customer in accordance with the Terms of Service. The exact service(s) is dependent on what Customer subscribes to and the data which Customer uploads to the subscribed service(s).

Captable.io

A capitalization table management and analysis product. User data is used to provide data entry guidance, organize and keep records, catch errors, calculate summary statistics, and meet compliance needs. Users can optionally share their data and collaborate with other users.

Fast409A

A fast and easy self-guided 409A valuation product. User data is used to provide data entry guidance, organize and keep records, and by third party valuation consultants to perform the 409A valuation.

Runway

An easy, visual product to plan and manage your startup’s most precious resource - cash. User data is used to organize and keep records, catch errors, calculate summary statistics, and compare datasets.

HiringPlan

A human resources planning product with built-in market data. User data is used to organize and keep records, catch errors, calculate summary statistics, compare datasets, compare against third party data, and monitor financial performance.

IPO Ready

A guided assessment product for your company’s readiness to go public. User data is used to organize and keep records, calculate summary statistics, compare datasets. Users can optionally share data with third party consultants for tailored advisory services.

Disclosure

A product which streamlines the process of requesting, tracking and aggregating information from investor’s portfolio companies. User data is used to organize and keep records, calculate summary statistics, and compare datasets. Users can optionally share their data and collaborate with other users.

TermSheets / SAFEAnalyzer

Products to analyze legal documents used during financial transactions. User data is used to generate analytical insight, compare datasets, and analyzed by third party advisors.

2. Duration of Data Processing

Duration of Terms of Service, until deletion of all customer data by LTSE in accordance with the Terms of Service.

3. Data Subjects and Categories of Data

The data subjects and the categories of data that will be affected by LTSE's processing are set out in the table below. However, as the customer determines the extent to which data will be disclosed to LTSE during LTSE's providing of the services, the scope of the data that in fact will be provided may be narrower.

Service Data Subjects Categories of Data
Captable.io Shareholders, advisors and contact persons of data exporter - Contact information (name, email, phone, address)
- Professional life data (company, title, position, employer, compensation, company legal and financial information)
- Personal life data (gender, ethnicity)
- Legal documents, such as company formation documents and financing documents
Fast409A.io Shareholders, advisors and contact persons of data exporter - Contact information (name, email, phone, address)
- Professional life data (company, title, position, employer, compensation, company legal and financial information)
- Personal life data (gender, ethnicity)
- Legal documents, such as company formation documents and financing documents
Runway / Burnrate Employees, agents, advisors, freelancers of data exporter - Contact information (email)
- Professional life data (company, title, position, employer, compensation, company legal and financial information)
HiringPlan Employees, agents, advisors, freelancers of data exporter - Contact information (name, email)
- Professional life data (company, title, position, employer, compensation, company legal and financial information)
- Personal life data (gender, ethnicity)
IPO Ready Contact persons of data exporter - Contact information (name, email, phone, address)
- Professional life data (company, title, position, employer, company legal and financial information)
Disclosure Shareholders, advisors and contact persons of data exporter - Contact information (name, email, phone, address)
- Professional life data (company, title, position, employer, compensation, company legal and financial information)
TermSheets / SAFEAnalyzer Shareholders, advisors, contact persons of data exporter - Contact information (name, email, phone, address)
- Professional life data (company, title, position, employer, compensation, company legal and financial information)
- Legal documents, such as company formation documents and financing documents