Privacy Policy

Last Updated: May 12, 2023

Introduction

This Privacy Policy provides information about how Launchbay and its affiliates (collectively, "Launchbay", "we", "our" or "us") collect, use, disclose and manage information about natural persons like yourself (collectively, " users" or "you") who receive our products and services, establish or maintain a business relationship with us, and/or use our website or other online features. We do this primarily through our online platform at https://launchbay.digital (the "Launchbay Platform").

We understand that you are aware of and care about your own personal privacy interests, and we take that seriously. This Privacy Policy provides information about Launchbay's policies and practices regarding the collection and use of your personal data.

This Privacy Policy also explains your rights, if any, and how to use these rights. You can contact us at any time with questions about how we process and protect your personal data by sending an email to privacy@launchbay.digital.

How we use personal information

We may automatically collect the following categories of information from devices (e.g., mobile, computer, laptop, tablet) used to visit or use Launchbay's website and the Launchbay Platform:

Internet Protocol (IP) address;
Device identifier;
The region or general location where your computer or device is accessing the internet;
Browser type, operating system and other usage information about the use of Launchbay's website, including a history of the pages you view;
Log files;
Cookies and similar technology;
Other information as described in the Cookies section of this Privacy Policy.

We use this information to help us design our website to better suit our users' needs and to provide more relevant products and services.

We also use Google Analytics solely to track your browsing session's movement within launchbay.digital.

Launchbay platform users

For users who want to sign up for and use the Launchbay Platform, we will need to collect and process more of your personal information. Based on the specific products and services as well as requirements under applicable law, we may collect the following categories of personal information:

Your name, address(es), email address(es) and phone number(s);
As applicable, your bank account information, money transfer instructions, age / date of birth, social security number, taxpayer ID number, driver’s license number or federal employer ID number;
Occupation, employment information, income information;
Citizenship and residency information;
Financial information with respect to your investment objectives and means, including information about your wealth and financial situation, equity compensation and prior investments;
Other information to the extent permitted by applicable law and reasonably necessary for the performance of our business obligations, compliance with laws applicable to our business, or pursuit of our legitimate business interests.

We use this information for the following key purposes:

To communicate with you about your use of the Launchbay Platform, including to provide support services, activity notifications, and updates and assist you with transactions;
To undertake due diligence activities, such as KYC and AML checks;
To facilitate the negotiation and completion of transactions on the Launchbay Platform;
To collect data about and track your usage of the Launchbay Platform, so that we can better understand usage patterns and improve our products and services;
To meet our legal obligations to monitor for fraud or suspicious activities.

Cookies and similar technologies

When you access the Launchbay Platform, we and some of our information providers may place cookies, pixel tags, web beacons, page tags, or other data collection and transmission tools or files (collectively, " Cookies ") on your device. These Cookies help us provide you with the best experience, perform analytics, analyse traffic, recognise you as a user, enhance and personalise our products and services, research and improve our offerings, obtain information about your device and software to improve the performance of the Platform or prevent fraud.

You can manage the use of cookies at the individual browser level, but if you choose to disable cookies, this may limit your use of some of the features or functionality of our website or the Launchbay Platform.

How we share your information

From time to time, to the extent permitted by applicable law and subject to any contractual limitations on sharing your personal information set forth in a relevant contract for products and services, we may share your information with our affiliates and third-party service providers, who are facilitating the delivery of our services as described below.

We use a number of third parties to power Launchbay 's services and the Launchbay Platform, which means that your personal data may be transferred to these service providers as necessary. In all cases we make sure that our service providers only process personal data as absolutely necessary to provide the functions we have described.

The services we use at this time are:

Except as described herein, we do not share, sell, rent, or trade your information to our service providers or business partners for their own direct marketing purposes, unless we have explicitly given you the option to opt-in or opt-out of such disclosures.

How to access and control your personal information

The European Union's General Data Protection Regulation (GDPR) and other countries' privacy laws provide certain rights for data subjects. Data Subject rights under GDPR include the following:

Right to be informed;
Right of access;
Right to rectification;
Right to erasure;
Right to restrict processing;
Right of data portability;
Right to object;
Rights related to automated decision making including profiling.

This Privacy Policy is intended to provide you with information about what personal data Launchbay collects about you and how it is used. If you wish to confirm that Launchbay is processing your personal data, or to have access to the personal data Launchbay may have about you, please contact us at privacy@launchbay.digital.

You may also request information about: the purpose of the processing; the categories of personal data concerned; who else outside Launchbay might have received the data from Launchbay; what the source of the information was (if you didn't provide it directly to Launchbay); and how long it will be stored. You have a right to correct (rectify) the record of your personal data maintained by Launchbay if it is inaccurate. You may request that Launchbay erase that data or cease processing it, subject to certain exceptions. You may also request that Launchbay cease using your data for direct marketing purposes. In many countries, you have a right to lodge a complaint with the appropriate data protection authority if you have concerns about how Launchbay processes your personal data.

When technically feasible, Launchbay will – at your request – provide your personal data to you. Reasonable access to your personal data will be provided at no cost. If access cannot be provided within a reasonable time frame, Launchbay will provide you with a date when the information will be provided. If for some reason access is denied, Launchbay will provide an explanation as to why access has been denied.

For questions or complaints concerning the processing of your personal data, you can email us at privacy@launchbay.digital.

Data storage and retention

Your personal data is stored by the Launchbay on its servers, and on the servers of the cloud-based database management services that Launchbay engages. Launchbay retains service data for the duration of the customer’s business relationship with Launchbay and for a period of time thereafter, to analyze the data for Launchbay’s own operations, for historical and archiving purposes associated with Launchbay’s services, and to meet its legal and regulatory obligations to retain information.

Subject to these legal and regulatory obligations, all personal data that Launchbay controls may be deleted upon verified request from a you. For more information on where and how long your personal data is stored, and for more information on your rights of erasure and portability, please contact us at: privacy@launchbay.digital.

Children’s data

We do not knowingly collect personal information from minors without proper consent from a parent or legal guardian. If you believe that we may have collected personal information from a minor without consent, please contact us and we will investigate the issue.

Data security

Launchbay follows industry-standard best practices to protect your personal information. On the Launchbay Platform, all data is encrypted both in-transit and at-rest. Access to sensitive systems, physical or digital, is secured and limited to qualified persons only.

Note, however, that no data transmission over the Internet can be fully guaranteed to be completely secure. Accordingly, we cannot ensure or warrant the security of any information that you transmit to us, so you do so at your own risk