We collect personal and financial information from you when you visit the CF Website. The majority of information is collected during the registration and/or application process and, while some items are optional, most are required for legal or security purposes. You may choose to provide additional information during subsequent visits to the CF Website, but keep in mind that some of this information will be required if you wish to partake in one or more of the Services.
In general, the type of information we collect includes, but is not limited to:
Use of one or more of the Services will require you to provide basic personal data. Such information typically includes, but is not limited to your: name, email address, home address and phone number, date of birth, social security number and/or tax identification number, employer, and/or job title. We use this data to: (a) enable you to log in to the CF Website; (b) establish your ability to view offering materials and to make investments through the CF Website (for U.S. residents, such ability is restricted to "accredited investors" with a certain level of annual income or net worth); (c) verify that you are at least 18 years of age; (d) determine your eligibility to partake in one or more of the investment opportunities made available on, or through, the CF Website; (e) guard against potential fraud; (f) contact you if there is a problem with your account; and/or (g) maintain regular communications with you as may be necessary to inform you of upcoming investment opportunities and other company updates.
We will also gather the names and email addresses of Users who contact us through the CF Website with questions about our Company and/or the Services. We collect this information for the sole purpose of responding to such inquiries and do not store the contact information unless requested to do so, as in the case of job applicants who submit resumes.
When you subscribe to make an investment in one of our offerings on the CF Website, you will again be asked for your personal data. You will also be required to provide certain financial data (including, without limitation, your bank routing number and bank account number), to enable us and/or our broker-dealer partners (as applicable) to utilize your bank account to originate funds transfers and make subsequent investment disbursements to you.
You will be asked to provide and disclose certain financial data when filling out an application to partake in offering investment opportunities to investors at, or through, the CF Website. Such information may be shared with certain third parties as deemed necessary or advisable by the Company in connection with the Services. See "How and When Your Information Is Shared With Other Parties" (below) for more details.
We (and/or one or more of our third-party service providers, such as Google Analytics) may also collect certain web surfing data related to your use of the CF Website. Such information may include, but not be limited to: your Internet Protocol (IP) address, browser type, and internet service provider (ISP); your operating system; which of our web pages you access and how frequently you access them; referral or exit pages; click stream data; and/or the dates and times that you visit the CF Website. This data may be collected using cookies, web beacons, page tags or similar tools. As with cookies, the web surfing information is anonymous, "click stream" transactional data that is not associated with any users as individuals.
Web surfing data and similar information may be aggregated for administrative purposes as deemed necessary and/or desirable by the Company or one or more of the CrowdFranchise Parties from time to time. We may, for example, use this aggregated information in the administration of the CF Website to improve its usability and to evaluate the success of particular marketing and advertising campaigns, search engine optimization strategies, and other marketing activities. We may also use it to help optimize the CF Website based on the needs of our users.
We do not sell or rent personal information about you or other Users for marketing purposes. We do, however, work with a number of trusted partners who perform vital functions as part of our operations.
We sometimes work with one or more securities broker/dealers registered with the S.E.C. and/or the Financial Industry Regulatory Authority, Inc. (F.I.N.R.A.) (each such entity; a
Registered Broker ) from time to time in order to facilitate certain Services.
When a Registered Broker is used, they will be required to perform certain functions and other services related to our Services. Accordingly, your personal information will be shared with the Registered Broker as and when deemed necessary and/or desirable by the Company or one or more of the CrowdFranchise Parties from time to time in connection with the subject Services. In addition to notifying the Registered Broker, we will also notify the party or parties offering (or issuing) the investment of your interest, and may notify other Users in the event that you have chosen to share such information. By using the CF Website you hereby acknowledge and agree that, since we do not have direct control over the policies and/or practices of any Registered Broker (and/or any third-party or related company they may engage with, such as an any entity providing related escrow services), neither the Company nor any of the other CrowdFranchise Parties will be responsible (in whole or in part) for their respective privacy practices, any breaches thereof and/or any improper use of personal information by such entities .
Your investment profile information may, in a generic way, be made publicly available for use on the "Statistics" page of the CF Website or in other summaries of aggregate investment data.
If you use our blog on the CF Website, you should be aware that any personally identifiable information you submit there can be read, collected, or used by other Users of this forum and could be used to send you unsolicited messages. We are not responsible for the personally identifiable information you choose to submit in this forum.
If you are a potential issuer, then as part of the application process, we may verify information contained in the application and in other documents required in connection with the securities offering, either before the offering is closed or as part of our quality control program. Your information may also be shared with any investor to whom may be interested in participating in your securities offering. Such data may include, but is not limited to, employment history and income; bank, money market, and similar account balances; credit score and credit history; copies of income tax returns; and/or consumer report information. Such data may also be provided to other Users of the CF Website in order to aid in their decision to commit funds in your respective securities offering.
We also work with (among others) providers of hosting services for the CF Website, electronic signature providers, and electronic payment service providers. We may engage certain third parties from time to time to help us carry out certain other internal functions such as account processing, client services, or other data collection relevant to our business. Such third parties can include, but are not limited to, such third-party providers that perform data processing, reporting, tax documentation, custody and/or escrow services. Information is shared with these third parties only to the extent necessary for us to process the transactions you initiate or perform other specific services, like collections. Our partners are legally required to keep your information private and secure.
We may also share your information with law enforcement or other government agencies as required by law and/or for the purposes of limiting fraud. Accordingly, we reserve the right to disclose your personally identifiable information when we believe that disclosure is necessary to protect our rights and/or to comply with a judicial proceeding, court order or other legal process. We further reserve the right to disclose any of your personal information that we believe, in good faith, appropriate or necessary to take precautions against liability, to investigate and defend against any third party claims or allegations, to assist government enforcement agencies, to protect the security or integrity of the CF Website or our Services, or to protect the rights, property or personal safety of the Company or any of the other CrowdFranchise parties, other Users, issuers, or others.
We will send you email notifications from time to time. Some notifications are required elements of your transactions in connection with one or more Services( such as confirmations of particular actions you have taken). These mandatory notices are sent typically to notify you of a change in status. For example, you will receive a notice when you are confirmed as eligible to participate in one or more of the Services.
When you register with the CF Website, you will receive emails that confirm specific actions you requested. These will include emails to which you must respond to in order to complete your registration (including, without limitation, responses necessary to confirm your eligibility to participate in one or more of the Services) and notifications regarding the status of your registration (or denial thereof). Thereafter, you will receive emails when a new investment opportunity is offered, as well as updates concerning the progress of the funding of such offering and/or other relevant information. If you make an investment through the CF Website, the Company and/or the Registered Broker (as applicable) will also send you confirmations of your investment as well as occasional updates as to the status of that investment and the timing of distributions relating to that investment.
We may also send you responses to emails you send us, if appropriate. From time to time, we will also send User surveys, requests for User feedback regarding User experience and/or CF Website operations, and/or marketing offers from us (or from us on behalf of one or more of our marketing partners). Completing surveys, answering requests for feedback, and/or accepting any offer is strictly voluntary. If you do not wish to receive these surveys, User feedback emails, and/or marketing offers, please opt out in any offer email you receive from us.
The CF Website may be (but is not, at this time, intended to be) accessed by Users located outside the United States. If you choose to access the CF Website from the European Union or other regions of the world with laws governing data collection and use that may differ from U.S. law, then please note that you are transferring your personal information outside of those regions to the United States, and that by providing your personal information on or through the CF Website then you consent to that transfer.
We limit access to the personal information we have about you to those employees and other CrowdFranchise Parties who have a legitimate business need to access such information. In keeping with industry standards and practices, we maintain appropriate physical, electronic and procedural safeguards and controls to protect your information. The CF Website is built upon a secure infrastructure with multiple layers of protection, and we use industry-standard encryption technologies to safeguard your information.
Users are required to identify and authenticate themselves prior to accessing sensitive portions of the CF Website. Generally, identification and authentication take place through the use of your username and a password and/or while logging in with one of our technical support staff.
If we learn of a security systems breach, then we may attempt to notify you electronically so that you can take appropriate protective steps. We may also post a notice on or through the CF Website in the event of a security breach. Depending on where you live, you may have a legal right to receive notice of a security breach in writing.
You can take several precautions to protect the security of your computer and personal information. For instance, you can use a well-chosen password and restrict access to your email account. You can also install and regularly update antivirus and firewall software to protect your computer from external attacks by malicious Users. Also, when you are finished with a session on the CF Website, be sure that you log out and close the browser window. For other recommended precautionary measures, see the SEC's " Investor Bulletin: Protecting Your Online Brokerage Accounts from Fraud ".
You should also be aware of fraudulent attempts to gain access to your account information through "phishing," whereby scammers try to bring unsuspecting people to a website by using a genuine-looking email purporting to be from a legitimate company. Sometimes, either in the email itself or on this fake site, scammers will ask for login information to gain access to people's accounts and withdraw their money.
CrowdFranchise will never send you an email asking you for your login information. In general, you can protect yourself against phishing by never providing personal or login information via a link contained in an email; instead, go the website directly. You might also make it a habit to check the URL of a website to be sure that it begins with the correct domain. In the case of CrowdFranchise, you should always ensure the URL begins with https://www.crowdfranchise.com.