Last updated · 17 September 2026
These Terms of Service (“Terms”) govern access to and use of the VenCore platform, including vencore.ai, the VenCore application, and all associated AI agents, dashboards, and services (together, the “Platform”), provided by Vencore, Inc., a company organized under the laws of the State of Delaware (“VenCore”, “we”, “us”). By creating an account, accessing, or using the Platform, you (“you” or “User”) agree to be bound by these Terms and by the VenCore Privacy Policy, which is incorporated by reference.
If you are entering into these Terms on behalf of a company, fund, accelerator program, or other organization, you represent that you have authority to bind that organization, and “you” refers to that organization as well as to you individually.
“Account” means the registered VenCore account through which a User accesses the Platform.
“Agents” means VenCore’s AI-driven functions — including but not limited to the Scout, Analyst, Matchmaker, and Counsel functions — that read, analyze, score, summarize, or otherwise process User Content to operate the Platform.
“Data Room” means the documents, files, and structured data a Startup User uploads or connects for due diligence, scoring, or matching purposes, including but not limited to financial statements, cap tables, legal agreements, and commercial data.
“User Content” means all information, documents, and data that a User submits, uploads, or connects to the Platform, including Data Room contents, investor thesis and preference information, communications, and any other content processed by the Agents.
“Startup User” means a User accessing the Platform to seek investment, matching, or a readiness assessment on behalf of a company.
“Investor User” means a User accessing the Platform on behalf of a venture capital fund, corporate venture arm, or similar institutional investor.
“Angel User” means a User accessing the Platform as an individual angel investor acting in their personal or personal-vehicle capacity rather than on behalf of an institutional fund.
“Accelerator User” means a User accessing the Platform on behalf of an accelerator, incubator, or similar program managing a cohort of Startup Users.
“Outputs” means scores, memos, matches, personas, and other content generated by the Agents.
You must be at least 18 years old and able to form a binding contract to use the Platform. The Platform is intended for business and professional use in connection with venture financing activity and is not directed at consumers acting outside that context.
You are responsible for the accuracy of information you provide, for maintaining the confidentiality of your account credentials, and for all activity that occurs under your Account. Notify us promptly at info@vencore.ai if you suspect unauthorized use of your Account.
VenCore provides a software platform that uses AI Agents to support venture financing workflows: sourcing and screening startups, generating due-diligence analysis, matching startups with relevant investors, and tracking portfolio activity. Role-specific terms applicable to each User type are set out in the Annexes to these Terms, which form part of these Terms.
VenCore is a workflow and analytics tool. VenCore does not manage client funds, execute trades or investments, act as a placement agent, broker-dealer, or investment adviser, and is not a party to any investment, financing, or commercial transaction between Users. Users remain solely responsible for their own investment, financing, and business decisions.
The Platform’s Agents rely on automated systems, including large language models and related AI infrastructure operated by third-party AI service providers under contract with VenCore, to read, analyze, summarize, score, and match User Content. This is how the Platform’s core functionality works — it is not an incidental or optional feature of the service.
VenCore personnel do not have standing or routine access to the contents of your Data Room, your screens, or your submitted documents. Human access to User Content is limited to the circumstances described in the Privacy Policy — such as responding to a support request you initiate, investigating security incidents, or complying with a legal obligation.
Details on which categories of your data are processed this way, which categories of third-party providers are involved, how confidentiality of your content is protected in VenCore’s agreements with those providers, and how you provide or withdraw consent for this processing, are set out in the VenCore Privacy Policy. By using the Platform to submit User Content, you confirm that you have reviewed and separately consented to that processing as described there. If you do not consent, do not submit User Content to the Platform.
Scores, memos, matches, personas, and other Outputs are generated by AI to assist your own review and decision-making. They are informational only and may be incomplete, delayed, or inaccurate. Outputs do not constitute investment advice, legal advice, tax advice, financial advice, or a recommendation to enter into any transaction.
VenCore is not a registered investment adviser, broker-dealer, or placement agent in any jurisdiction, and using the Platform does not create an advisory, fiduciary, or agency relationship between VenCore and any User. You remain solely responsible for conducting your own due diligence and for any investment, financing, hiring, or business decision you make, whether or not informed by an Output.
VenCore does not guarantee that any Startup User will receive investment, that any Investor User will find suitable deal flow, or that any match, score, or memo is accurate, complete, or free of bias arising from the data provided or from the underlying AI models.
You retain ownership of the User Content you submit. You grant VenCore a limited, non-exclusive, worldwide license to host, process, analyze, and transmit (including to the third-party AI providers described in Section 4 and the Privacy Policy) your User Content solely to operate, maintain, and improve the Platform for you, and, where you have given the separate consent described in the Privacy Policy, to develop VenCore’s own AI models using anonymized and aggregated data.
VenCore treats Data Room contents and other non-public User Content as confidential. VenCore will not disclose the substance of your non-public User Content to other Users except as necessary to generate the specific matches, scores, or visibility you have configured, and only to the extent and in the form you have authorized (for example, a summary shared with a matched Investor User).
VenCore is not a party to, and assumes no responsibility for, any confidentiality obligations that may exist directly between a Startup User and an Investor User, Angel User, or Accelerator User outside the Platform (for example, under a separately executed NDA). Users are responsible for managing their own confidentiality arrangements with respect to information exchanged off-platform.
Paid plans are billed on the subscription cycle and pricing displayed at signup, renew automatically until cancelled, and may be changed by VenCore with advance notice. You may cancel at any time; access continues through the end of the then-current billing period. Except as required by law or as otherwise stated at the point of purchase, fees are non-refundable.
The Platform, including its software, Agents, models, design, and documentation, is owned by VenCore or its licensors and is protected by intellectual property laws. Subject to these Terms, VenCore grants you a limited, revocable, non-transferable right to access and use the Platform for your internal business purposes. You may not reverse-engineer, copy, or create derivative works of the Platform except as permitted by applicable law.
VenCore’s collection, use, and disclosure of personal data, and the consent mechanisms applicable to AI processing and to any future use of anonymized data to train VenCore’s own models, are described in the VenCore Privacy Policy, incorporated into these Terms by reference. Where required by applicable data protection law (including the EU/EEA General Data Protection Regulation, the Turkish Law on the Protection of Personal Data No. 6698 (“KVKK”), and applicable US state privacy laws), VenCore will enter into appropriate data processing terms with Investor Users and Accelerator Users who submit personal data of third parties (such as founders in a cohort) to the Platform.
Either party may terminate an Account as permitted under the applicable subscription terms. VenCore may suspend or terminate access immediately if a User breaches these Terms, poses a security risk, or where required by law. On termination, VenCore will handle remaining User Content in accordance with the retention terms of the Privacy Policy.
THE PLATFORM AND ALL OUTPUTS ARE PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, OR NON-INFRINGEMENT, EXCEPT WHERE SUCH DISCLAIMERS ARE NOT PERMITTED BY LAW.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, VENCORE WILL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR PUNITIVE DAMAGES, OR FOR ANY INVESTMENT, FINANCING, OR BUSINESS DECISION MADE IN RELIANCE ON AN OUTPUT. VENCORE’S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS OR THE PLATFORM WILL NOT EXCEED THE TOTAL FEES YOU PAID TO VENCORE IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM. Nothing in these Terms limits liability that cannot be limited under applicable law, including liability for gross negligence, willful misconduct, or violations of mandatory consumer or data protection law.
You agree to indemnify and hold VenCore harmless from claims arising out of your User Content, your breach of these Terms, or your violation of applicable law, including claims that you lacked the right or consent necessary to submit User Content relating to a third party (see Annex D for Accelerator User obligations regarding cohort data).
These Terms are governed by the laws of State of Delaware, United States, without regard to conflict-of-laws principles, except that: (a) Users located in the EU/EEA retain the protections of mandatory EU consumer and data protection law and may bring claims relating to data protection before the courts or supervisory authority of their habitual residence; and (b) Users located in Türkiye retain the protections of KVKK and applicable Turkish consumer protection law, including the right to lodge a complaint with the Turkish Personal Data Protection Authority (Kişisel Verilerin Korunması Kurumu). Disputes not subject to mandatory local jurisdiction will be resolved by American Arbitration Association (AAA) in accordance with its Commercial Arbitration Rules. The place of arbitration shall be Wilmington, Delaware, and the proceedings shall be conducted in English.
VenCore may update these Terms from time to time. For material changes, including changes that expand the categories of third parties who process User Content, or that change the purposes for which anonymized data may be used, VenCore will provide advance notice and, where required by law or by Section 4 and the Privacy Policy, will seek renewed consent before the change takes effect.
If any provision of these Terms is found unenforceable, the remaining provisions remain in effect. VenCore may assign these Terms in connection with a merger, acquisition, or sale of assets, subject to the data protection commitments described in the Privacy Policy. These Terms, together with the Privacy Policy and Annexes, constitute the entire agreement between you and VenCore regarding the Platform.
Questions about these Terms: info@vencore.ai.
This Annex applies to Startup Users and supplements the main Terms.
Any “Investment Readiness Report,” Startup Quality Score, or similar Output is an AI-generated, informational assessment based on the information you provide. It is not a guarantee, promise, or prediction of your ability to raise investment, and VenCore makes no representation that any Investor User will view, contact, or invest in your company.
You control what you upload to your Data Room and, subject to the Platform’s matching features, what is made visible to Investor Users, Angel Users, or Accelerator Users. Once you authorize a specific disclosure to a matched investor (for example, sharing a memo or summary), VenCore is not responsible for that recipient’s further use of the disclosed information.
VenCore does not guarantee that your company will be scored, scouted, or matched with any particular investor, or that scoring will be free of error or model bias.
Deal-flow recommendations, scores, memos, and matches are AI-generated and provided to assist your own investment process. You are solely responsible for conducting independent due diligence before making any investment decision, and VenCore’s Outputs are not a substitute for legal, financial, tax, or other professional advice.
Information you provide about your investment thesis, preferences, and historical decisions (“Persona Data”) is used to calibrate matching and Outputs for your Account. VenCore does not disclose your Persona Data to other Investor Users. See the Privacy Policy for how Persona Data may be used, in de-identified and aggregated form, to improve VenCore’s models if you have separately consented to that use.
Data Room content and other non-public information about a Startup User that is shared with you through the Platform is confidential. You agree to use it solely to evaluate a potential investment and not to disclose it to third parties without the Startup User’s consent, except to your own advisors under obligations of confidentiality.
This Annex applies to Angel Users acting in their individual or personal-vehicle capacity.
VenCore does not assess whether any investment opportunity surfaced through the Platform is suitable for your personal financial situation, risk tolerance, or investor status (e.g., accredited or qualified investor status under applicable law). You are solely responsible for confirming your own eligibility to participate in any offering and for complying with applicable securities law in your jurisdiction.
The confidentiality obligations in Annex B, Section B.3 apply equally to you with respect to Startup User information you receive through the Platform.
This Annex applies to Accelerator Users managing a cohort of Startup Users on the Platform.
If you upload, connect, or submit information about the startups in your cohort (including founder personal data or Data Room content) on their behalf, you represent and warrant that you have obtained all consents and have all legal bases required under applicable law — including KVKK explicit consent where applicable, and GDPR Article 6/9 lawful bases where applicable — to submit that information to VenCore and to permit its processing by VenCore’s Agents as described in the Privacy Policy. You are responsible for providing your cohort startups with the notice necessary for them to understand this processing before you submit their information.
Aggregated or comparative analytics VenCore provides to you about your cohort (e.g., batch benchmarking) are Outputs subject to Section 5 of the main Terms and are informational only.