← Return home

Terms of Service

Effective date: December 17th, 2024

Acceptance of Terms

Welcome to Straum. By accessing or using our platform, you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, please do not use our services.

These Terms constitute a legally binding agreement between you and Virtue Company ("we," "us," or "our"), operating as Straum, a company registered in the State of Colorado.

We reserve the right to modify these Terms at any time. We will notify you of any changes by posting the new Terms on this page and updating the "Effective date" at the top. Your continued use of the service after such modifications constitutes your acceptance of the updated Terms.

Description of Service

Straum provides a deterministic orchestration platform for capital raise coordination. Our platform offers:

  • Automated workflow coordination for investment processes
  • Secure document management and signing workflows
  • State tracking and investor pipeline management
  • Communication orchestration and notification systems

We reserve the right to modify, suspend, or discontinue any aspect of the service at any time, with or without notice. We will not be liable to you or any third party for any modification, suspension, or discontinuance of the service.

Account Registration and Security

To access certain features of Straum, you must register for an account. When you register, you agree to:

  • Provide accurate, current, and complete information
  • Maintain and promptly update your account information
  • Maintain the security of your password and account
  • Accept all responsibility for activities that occur under your account
  • Notify us immediately of any unauthorized use of your account

You may not use another person's account without permission. We reserve the right to refuse service, terminate accounts, or remove or edit content in our sole discretion.

Acceptable Use

You agree not to use Straum to:

• Violate any applicable laws or regulations

• Infringe upon the intellectual property rights of others

• Transmit any harmful, threatening, abusive, or defamatory content

• Attempt to gain unauthorized access to our systems or networks

• Interfere with or disrupt the service or servers

• Use automated systems to access the service without permission

• Engage in any activity that could damage, disable, or impair the service

• Use the service for any illegal or unauthorized purpose

We reserve the right to investigate and take appropriate legal action against anyone who violates these provisions, including removing content and terminating accounts.

Intellectual Property

The service and its original content, features, and functionality are owned by Virtue Company and are protected by international copyright, trademark, patent, trade secret, and other intellectual property laws.

You retain all rights to any content you submit, post, or display on or through the service. By submitting content, you grant us a worldwide, non-exclusive, royalty-free license to use, reproduce, modify, and distribute such content in connection with operating and providing the service.

Our trademarks, service marks, and logos used on the service are our property. You may not use these without our prior written consent.

Payment and Fees

Certain aspects of the service may be provided for a fee. You agree to pay all fees associated with your use of paid features of the service.

Billing

All fees are billed in advance on a recurring basis (monthly, annually, or as otherwise agreed). You authorize us to charge your payment method for all fees.

Refunds

Fees are non-refundable except as required by law or as explicitly stated in your service agreement. We do not provide refunds or credits for partial periods of service.

Fee Changes

We reserve the right to change our fees at any time. We will provide you with advance notice of any fee changes, and you will have the opportunity to cancel your subscription before the new fees take effect.

Termination

We may terminate or suspend your account and access to the service immediately, without prior notice or liability, for any reason, including if you breach these Terms.

You may terminate your account at any time by contacting us at info@virtue.company.

Upon termination, your right to use the service will immediately cease. All provisions of these Terms that by their nature should survive termination shall survive, including ownership provisions, warranty disclaimers, indemnity, and limitations of liability.

Warranties and Disclaimers

IMPORTANT DISCLAIMER

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SERVICE OR THE SERVERS THAT MAKE IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.

YOU ACKNOWLEDGE THAT YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK.

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL VIRTUE COMPANY, ITS AFFILIATES, DIRECTORS, EMPLOYEES, OR AGENTS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION, LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM:

  • Your access to or use of or inability to access or use the service
  • Any conduct or content of any third party on the service
  • Any content obtained from the service
  • Unauthorized access, use, or alteration of your transmissions or content

IN NO EVENT SHALL OUR TOTAL LIABILITY TO YOU FOR ALL CLAIMS RELATING TO THE SERVICE EXCEED THE AMOUNT YOU PAID US IN THE TWELVE (12) MONTHS PRIOR TO THE EVENT GIVING RISE TO THE LIABILITY.

Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Colorado, United States, without regard to its conflict of law provisions.

Any disputes arising out of or relating to these Terms or the service shall be resolved in the state or federal courts located in Colorado, and you consent to the exclusive jurisdiction of such courts.

Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

Indemnification

You agree to indemnify, defend, and hold harmless Virtue Company and its affiliates, officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including reasonable attorneys' fees, arising out of or in any way connected with:

  • Your access to or use of the service
  • Your violation of these Terms
  • Your violation of any third-party rights
  • Any content you submit or transmit through the service

Contact Us

If you have any questions about these Terms, please contact us at info@virtue.company