Legal Information
Important documents about how we operate and protect your information
Privacy Policy
Last updated: January 20, 2025
1. Introduction
Welcome to Ochtarcus - The Swiss-Knife for Founders. We respect your privacy and are committed to protecting your personal data. This privacy policy will inform you about how we look after your personal data when you visit our website and tell you about your privacy rights and how the law protects you.
This privacy policy aims to give you information on how Ochtarcus collects and processes your personal data through your use of this website, including any data you may provide through this website when you sign up for an account, use our AI-powered founder tools, or access our knowledge library.
2. Data We Collect
We may collect, use, store and transfer different kinds of personal data about you which we have grouped together as follows:
- Identity Data includes first name, last name, username or similar identifier.
- Contact Data includes email address.
- Technical Data includes internet protocol (IP) address, your login data, browser type and version, time zone setting and location, browser plug-in types and versions, operating system and platform, and other technology on the devices you use to access this website.
- Profile Data includes your username and password, your interests, preferences, feedback and survey responses.
- Usage Data includes information about how you use our website, tools (Equity Splitter, Idea Validator, Burn Rate Calculator, Pitch Deck Outliner), and knowledge library.
- Tool Input Data includes information you provide when using our founder tools, such as company descriptions, team information, financial data, and business ideas - this data is used solely to provide you with the tool's functionality.
- Marketing and Communications Data includes your preferences in receiving marketing from us and our third parties and your communication preferences.
3. How We Use Your Data
We will only use your personal data when the law allows us to. Most commonly, we will use your personal data in the following circumstances:
- Where we need to perform the contract we are about to enter into or have entered into with you.
- Where it is necessary for our legitimate interests (or those of a third party) and your interests and fundamental rights do not override those interests.
- Where we need to comply with a legal obligation.
Purposes for which we will use your personal data:
- To register you as a new user
- To process and deliver our free founder tools and services
- To provide AI-powered analysis and recommendations through our tools
- To improve our tools and knowledge library based on usage patterns
- To manage our relationship with you
- To administer and protect our business and this website
- To deliver relevant website content and tool recommendations to you
- To use data analytics to improve our website, tools, knowledge library, marketing, customer relationships and experiences
4. Data Sharing
We may share your personal data with the parties set out below for the purposes set out in section 3 above.
- AI service providers (e.g., OpenAI) for processing tool requests - we ensure these providers maintain strict data protection standards.
- Service providers who provide IT and system administration services (e.g., hosting, email services, analytics).
- Authentication providers (e.g., Google) when you choose to sign in using third-party authentication.
- Professional advisers including lawyers, bankers, auditors and insurers.
- Regulators and other authorities who require reporting of processing activities in certain circumstances.
We require all third parties to respect the security of your personal data and to treat it in accordance with the law. We do not allow our third-party service providers to use your personal data for their own purposes and only permit them to process your personal data for specified purposes and in accordance with our instructions.
Important: We do not sell your personal data to third parties. Data you input into our founder tools is used solely to provide you with the tool's functionality and is not shared with other users or third parties except as necessary to process your request through our AI service providers.
5. Data Security
We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorized way, altered or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors and other third parties who have a business need to know.
We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.
6. Data Retention
We will only retain your personal data for as long as reasonably necessary to fulfill the purposes we collected it for, including for the purposes of satisfying any legal, regulatory, tax, accounting or reporting requirements.
To determine the appropriate retention period for personal data, we consider the amount, nature and sensitivity of the personal data, the potential risk of harm from unauthorized use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal, regulatory, tax, accounting or other requirements.
Tool Input Data: Data you input into our tools is processed in real-time and not permanently stored on our servers unless you explicitly save it as part of your account profile. AI service providers may retain data according to their own policies, which we ensure are compliant with data protection standards.
7. Your Legal Rights
Under certain circumstances, you have rights under data protection laws in relation to your personal data:
- Request access to your personal data.
- Request correction of the personal data that we hold about you.
- Request erasure of your personal data.
- Object to processing of your personal data.
- Request restriction of processing your personal data.
- Request transfer of your personal data.
- Right to withdraw consent where we are relying on consent to process your personal data.
If you wish to exercise any of the rights set out above, please contact us at privacy@ochtarcus.com.
8. Contact Us
If you have any questions about this privacy policy or our privacy practices, please contact us at:
Email address: privacy@ochtarcus.com
9. Changes to This Privacy Policy
We may update our privacy policy from time to time. We will notify you of any changes by posting the new privacy policy on this page and updating the "Last updated" date at the top of this privacy policy.
You are advised to review this privacy policy periodically for any changes. Changes to this privacy policy are effective when they are posted on this page.