1. Summary of services:
Seed IL is a platform that brings together its users (“User/s”) and Companies. Users visit the Site to learn about, help, advise, create profiles for, browse, and/or indicate an interest in investing in Companies. Seed IL is a club-like platform where Users can interact, network, learn about, and connect with other Users.
SeedIL granted access to SeedIL. By accessing the Site, you become a SeedIL user.
SeedIL does not offer investment advice or advises on the raising of capital through securities offerings. SeedIL does not recommend or otherwise suggest that any investor make an investment in a particular company, or that any company offer securities to a particular investor.
2. Eligibility for use of the service:
The Service is available only to individuals who are at least 18 years old, who have been accepted following a registration process, and upon their payment of the membership fees. You represent and warrant that if you are an individual, you are at least 18 years old, that you are fully able and competent to enter into the terms and conditions set forth in this and other agreements on the Site, and that all registration information you submit is accurate and truthful. SeedIL may, in its absolute discretion and without providing notice, remove you from its Users, and block your ability to access your account.
5. User conduct:
You shall not directly or indirectly modify, translate, or otherwise create derivative works of any part of the Service. You shall abide by all applicable national, and international laws and regulations.
You will not enable or assist non-Users to access the Service.
You further agree that you will establish only one user-account.
You may not create and/or use aliases.
You may not manipulate identifiers in an attempt to disguise the origin of your posts.
You will promptly pay membership fees, and arrange for the prompt renewal of your membership. Should you not pay your membership fees when due, your access to the Services will be cancelled, and your membership will be revoked.
You may only post content owned by you. You assume all risk and responsibility for the content you post in ensuring it complies not only with the law and the various regulations.
You may not post or otherwise make available any unsolicited or unauthorized advertising, promotional materials, “junk mail,” “spam,” “chain letters,” “pyramid schemes,” or any other form of solicitation.
You may not impersonate another User or any person or entity or falsely state or otherwise misrepresent your affiliation with a person or entity.
All information, whether posted to all Users or privately to a subset of Users, is the sole responsibility of the poster of such information. SeedIL is not responsible or liable for any content posted by Users, and no content represents the opinion of, counsel from, or recommendations by SeedIL.
You may not post or otherwise make available any content that is unlawful, harmful, threatening, abusive, harassing, tortious, defamatory, vulgar, obscene, contains nudity, libelous, invasive of another’s privacy, hateful, or racially, ethnically or otherwise objectionable.
You may not post or otherwise make available any content that you do not have a right to make available under any law or under contractual or fiduciary relationships (such as inside information, proprietary and confidential information learned or disclosed as part of employment relationships or under nondisclosure agreements).
You may not post or otherwise make available any content that infringes any patent, trademark, trade secret, or other proprietary rights of any party.
You will make a reasonable effort to avoid posting multiple consecutive one-line messages, which have the effect of causing “clutter”, combining multiple thoughts into a single message when appropriate.
You will never knowingly post with dishonest or misleading information.
You agree not to reproduce, duplicate, copy, sell, resell or exploit for any commercial purposes, any portion of the site or content contained therein that you did not author. You agree not to re-post or otherwise make available elsewhere, any content from Seed IL that you did not author.
You agree to indemnify and hold SeedIL, any subsidiaries, affiliates, officers, agents, co-branders or other partners, and employees, harmless from any claim or demand, including reasonable attorneys’ fees, made by any third party due to or arising out of any content you post or otherwise make available.
6. Member account, password and security
You are responsible for maintaining the confidentiality of your user-name password, and are fully responsible for all activities that occur under your password or user-name. You agree to (a) immediately notify SeedIL of any unauthorized use of your password or user-name, or any other breach of security, and (b) ensure that you sign off at the end of each session when using a computer that others may access. Our policy is that each individual person must sign up with their own SeedIL account.
You agree that SeedIL, in its sole discretion, may terminate your password and User information, and remove and discard any content posted, for any reason, including a violation of these Terms of Service or behavior inconsistent with the spirit of these Terms of Service. You agree that any termination of your access to the site may be effected without prior notice, that you may be barred any further access to the site, and that SeedIL shall not be liable to you or any third-party for any termination of your access to the site.
7. Notification of legal compliance
8. Third-party websites
The Service may permit you to link to other websites or resources on the Internet, and other websites or resources may contain links to the Site. When you access third-party websites, you do so at your own risk. Those other websites are not under SeedIL’s control, and you acknowledge that SeedIL is not liable for the content, functions, accuracy, legality, appropriateness, or any other aspect of those other websites or resources. The inclusion on another website of any link to the Site does not imply endorsement by or affiliation with SeedIL. You further acknowledge and agree that SeedIL shall not be liable for any damage related to the use of any content, goods, or services available through any third-party website or resource.
You agree that all access and use of this Site and its content is at your own risk.
The links displayed in this Site can give an access to sites submitted to the laws of other countries. Therefore, all information, data about products or their various uses and/or applications set out in these different sites will only be valid under applicable laws and regulations of those countries. It is therefore the duty of the User to check their compliance with their own applicable laws and regulations.
This Site may provide links to third party web sites. SeedIL shall not be responsible for accuracy or any other aspect of the information contained on such sites and shall not be liable for any damages or injury arising from your access to such sites. Links to other sites are provided only as a convenience and at your own risk.
9. Limited information
The data provided, including presentations of companies and entrepreneurs, suggestions, conclusions, opinions and analysis drawn therefrom, have been prepared and are being provided for the limited purpose of providing limited information to parties who indicated their interest in investing in early stage Israeli technology companies, together with other co-investors, through limited partnerships or similar arrangements.
Information provided by start ups might describe various risks. In such a case, one should be minded to the fact that SeedIL has no ability to assess whether all such risks have been accurately described or disclosed and will not have any responsibility for any failure to do so.
Seed IL does not endorse, support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any information contained on the Site, or endorse any opinions expressed via the Service.
10. Disclaimer of warranty
The Site and the Content (including without limitation any information, documents, forms, resources, or referrals contained thereon or therein) are provided “AS IS” and without warranty of any kind. You assume the risk of any and all damage or loss from the use of the site or the content. to the maximum extent permitted by law, we expressly disclaim any and all warranties, express or implied, regarding the site and the content, including, but not limited to, any implied warranties of merchantability, fitness for a particular purpose, or non-infringement. SeedIL and its affiliates and each of its affiliates’ directors, employees, managers, agents, contractors, partners, suppliers, and content providers do not warrant that: (a) the Service will be secure or available at any particular time or location; (b) any defects or errors will be corrected; (c) any content or software available at or through the service is free of viruses or other harmful components; or (d) the results of using the service will meet your requirements. Your use of the Service is solely at your own risk. Some states or countries do not allow limitations on durations of implied warranty, so the above limitations may not apply to you. We do not warrant that the site or the content will meet your requirements, and we explicitly advise you that all or part of the content may be inapplicable to or inappropriate for your particular circumstances. Therefore, you should consult with an appropriate legal, accounting, or other professional prior to your use of or reliance of any of the content. We are under no obligation to and do not undertake to update or verify the completeness or correctness of any content of the Site.
SeedIL has no special relationship with or fiduciary duty to you, by virtue of this Site. You acknowledge that SeedIL has no duty to take any action regarding any of the following: which Users gain access to the Site; what content Users access through the Site; what effects the Content may have on Users; how Users may interpret or use the content; or what actions Users may take as a result of having been exposed to the content. Seed IL cannot guarantee the authenticity of any data or information that companies provide about themselves or their technology or products. You release Seed IL from all liability for your having acquired or not acquired Content through the Site.
11. No investment advice or offer
The information contained herein is not, and should not be construed as being, an offer to sell securities.
All data provided herein, including information provided by profiled Companies and potential target companies – are partial. The information contained herein is not sufficient to make any investment decision of any sort. Nothing contained herein is to be viewed as a recommendation to invest in any company.
Any potential investment should be subject to a complete due diligence process and subject to certain qualifications – more fully detailed in transaction documentation and specific provisions contained therein (transaction documentation is likely to include: term-sheets, subscription agreements, limited partnership agreements, etc.).
Those interested in learning more about a company and/or a specific opportunity are encouraged to contact us, so we can better assist.
Before making any investment decisions, one should fully assess the risks attached to any investment and should query any matters where one fears inadequate risk disclosure has been made.
You must obtain investment and tax advice from advisors before deciding to invest. We do not provide any investment, legal or tax advice and will not have any liability for any legal, investment or tax issues in connection with any investment you decide to make.