Albatross AI Capital LLC ("Albatross AI Capital," "we," "us," or "our") is committed to protecting the privacy of individuals who visit our website at albatrossai.org (the "Site") and individuals who interact with our firm in connection with our investment activities. This Privacy Policy explains how we collect, use, disclose, and safeguard personal information, and it describes your rights with respect to that information.

Please read this Privacy Policy carefully. By accessing or using the Site, you acknowledge that you have read, understood, and agree to be bound by all the terms of this Privacy Policy. If you do not agree with the terms of this Privacy Policy, please do not access the Site.

1. Information We Collect

1.1 Information You Provide Directly

We collect personal information that you voluntarily provide to us when you interact with the Site or our firm. This includes:

  • Contact information: When you submit inquiries through our contact form, request information about our investment activities, or communicate with us by email or other means, we collect your name, email address, phone number, company affiliation, and any other information you choose to provide.
  • Professional information: If you are a founder seeking investment, we may collect information about your background, your company, your business plan, financial projections, and related materials you provide to us for investment consideration purposes.
  • Event and newsletter registration: When you register for events we host or subscribe to our newsletter or other communications, we collect the information you provide, including your name, email address, and professional affiliation.
  • Communication records: We maintain records of communications between you and our team, including emails, meeting notes, and related correspondence.

1.2 Information Collected Automatically

When you visit the Site, we and our service providers may automatically collect certain information about your device and your interaction with the Site. This information may include:

  • Device and browser information: Your IP address, browser type, browser version, operating system, device type, and related technical information.
  • Usage data: Pages you view on the Site, time spent on pages, links you click, referring URLs, and other information about how you navigate and interact with the Site.
  • Cookies and similar technologies: We use cookies and similar tracking technologies to collect information about your use of the Site. For more information about our use of cookies, please see our Cookie Policy.
  • Location information: General geographic location information derived from your IP address.

2. How We Use Your Information

We use the information we collect for the following purposes:

2.1 Operating Our Business

  • Processing and evaluating investment inquiries and opportunities from founders and entrepreneurs.
  • Conducting due diligence on potential portfolio companies, which may include verifying information you provide and researching your background and business.
  • Managing our investor relationships and portfolio company relationships.
  • Communicating with founders, investors, advisors, and other parties in connection with our investment activities.
  • Organizing and hosting events, conferences, and community gatherings.

2.2 Operating the Site

  • Responding to your inquiries and providing information you request through the Site's contact form.
  • Sending you newsletters, updates, and information about our portfolio companies and investment perspectives, if you have requested such communications.
  • Analyzing usage of the Site to improve its content, design, and functionality.
  • Detecting and preventing fraudulent, unauthorized, or illegal activity on the Site.
  • Complying with legal and regulatory obligations.

2.3 Legal and Compliance Purposes

  • Complying with applicable laws, regulations, legal processes, or governmental requests, including anti-money laundering (AML) and know-your-customer (KYC) requirements applicable to investment firms.
  • Enforcing our terms of service, contracts, and other agreements.
  • Protecting the rights, privacy, safety, and property of Albatross AI Capital, our investors, portfolio companies, and the public.
  • Establishing, exercising, or defending legal claims.

3. Legal Bases for Processing (EEA Visitors)

If you are located in the European Economic Area, the United Kingdom, or Switzerland, we process your personal information on the following legal bases:

  • Performance of a contract: Processing necessary for the performance of a contract we have with you or to take steps at your request before entering into a contract, such as evaluating your investment inquiry.
  • Legitimate interests: Processing necessary for our legitimate interests, including operating and improving the Site, conducting investment activities, maintaining business records, and communicating with our professional network, where those interests are not overridden by your rights and interests.
  • Compliance with legal obligations: Processing necessary for compliance with legal obligations applicable to us, including financial regulatory requirements.
  • Consent: Where we rely on your consent for processing, such as sending you marketing communications, you have the right to withdraw consent at any time by contacting us at privacy@albatrossai.org.

4. How We Share Your Information

We do not sell your personal information to third parties. We may share your information in the following circumstances:

4.1 Service Providers

We share information with third-party vendors and service providers that perform services on our behalf, including website hosting and analytics providers, email service providers, customer relationship management (CRM) platforms, and data storage providers. These service providers are authorized to use your information only as necessary to perform services for us and are contractually bound to protect your information.

4.2 Investment Partners and Co-Investors

In the course of evaluating or completing an investment transaction, we may share relevant information about founders and their companies with our limited partners, co-investors, legal counsel, financial advisors, and other parties involved in the transaction. We will not share such information beyond what is necessary for the investment process, and we take reasonable steps to ensure confidentiality is maintained.

4.3 Portfolio Companies

If you are an entrepreneur or company in which we have invested, we may share relevant information about you with our portfolio company network where we believe such sharing may create mutually beneficial business opportunities, subject to applicable confidentiality obligations.

4.4 Legal and Regulatory Disclosure

We may disclose your information if required to do so by law, or in the good-faith belief that such action is necessary to: (a) comply with legal process or applicable laws; (b) protect and defend our rights or property; (c) prevent or investigate possible wrongdoing in connection with the Site; (d) protect the personal safety of users of the Site or the public; or (e) protect against legal liability.

4.5 Business Transfers

In the event of a merger, acquisition, reorganization, asset sale, or similar corporate transaction involving Albatross AI Capital, personal information we hold may be transferred as part of that transaction. We will notify you via prominent notice on the Site of any change in ownership or the uses of your personal information.

5. Data Retention

We retain personal information for as long as necessary to fulfill the purposes for which it was collected, including for the purposes of satisfying any legal, regulatory, accounting, or reporting requirements. The specific retention periods depend on the nature of the information and the purpose for which it was collected:

  • Information collected in connection with investment activities and portfolio company relationships is retained for the duration of the relevant investment relationship and for a period thereafter as required by applicable law and our internal record-keeping policies, typically a minimum of seven years.
  • Contact form submissions and general correspondence are retained for a period of up to three years unless a longer retention period is required by law or business necessity.
  • Website analytics data is retained in aggregated, anonymized form for analytical purposes.
  • Email communications are retained in accordance with our email retention policy, typically for a period of seven years.

When personal information is no longer required for the purposes for which it was collected, we will securely delete or anonymize it in accordance with our data disposal procedures.

6. Data Security

We implement appropriate technical and organizational security measures designed to protect your personal information against unauthorized access, disclosure, alteration, or destruction. These measures include encryption of data in transit using TLS/SSL, access controls limiting access to personal information to authorized personnel, regular security assessments of our systems and service providers, and employee training on data protection practices.

However, no method of transmission over the Internet or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security. If you have reason to believe that your interaction with us is no longer secure, please immediately notify us at privacy@albatrossai.org.

7. Your Rights and Choices

7.1 Access, Correction, and Deletion

Subject to applicable law, you may have the right to: (a) request access to the personal information we hold about you; (b) request correction of inaccurate or incomplete personal information; (c) request deletion of your personal information, subject to certain exceptions where retention is required by law or necessary for legitimate business purposes; (d) object to or restrict processing of your personal information in certain circumstances; and (e) receive a copy of your personal information in a portable format.

7.2 Marketing Communications

If you have subscribed to our newsletter or other marketing communications, you may unsubscribe at any time by clicking the "unsubscribe" link in any marketing email we send you, or by contacting us at privacy@albatrossai.org. Note that even if you opt out of marketing communications, we may still send you transactional or administrative communications related to your interactions with us.

7.3 California Privacy Rights

California residents may have additional rights under the California Consumer Privacy Act (CCPA) and California Privacy Rights Act (CPRA), including the right to know what personal information we collect, the right to delete personal information, and the right to opt out of the sale of personal information. As stated above, we do not sell personal information. To exercise your California privacy rights, please contact us at privacy@albatrossai.org.

7.4 How to Exercise Your Rights

To exercise any of the rights described in this section, please submit a request to privacy@albatrossai.org. We will respond to your request within the timeframe required by applicable law. We may need to verify your identity before processing certain requests, and we reserve the right to deny requests that are unfounded, repetitive, or technically infeasible.

8. Third-Party Links and Websites

The Site may contain links to third-party websites, applications, and services. We are not responsible for the privacy practices or content of those third-party sites, and we encourage you to review the privacy policies of any third-party sites you visit. Our Privacy Policy applies only to information collected through the Site.

9. Children's Privacy

The Site is not directed to individuals under the age of 18. We do not knowingly collect personal information from children under 18. If you are a parent or guardian and believe that your child has provided personal information to us, please contact us at privacy@albatrossai.org and we will take steps to delete such information from our systems.

10. International Data Transfers

Albatross AI Capital is based in the United States. If you are located outside the United States and interact with us or the Site, please be aware that your information may be transferred to, stored, and processed in the United States or other countries where our service providers operate. We will ensure that any international transfers of personal information are subject to appropriate safeguards in accordance with applicable data protection laws.

11. Changes to This Privacy Policy

We may update this Privacy Policy from time to time to reflect changes in our practices, technology, legal requirements, or other factors. When we make changes, we will update the "Last updated" date at the top of this Privacy Policy and post the revised policy on the Site. Where changes are material, we will provide a more prominent notice. Your continued use of the Site after the effective date of the revised Privacy Policy constitutes your acceptance of the changes.

12. Contact Us

If you have questions, concerns, or requests regarding this Privacy Policy or our privacy practices, please contact us at:

Albatross AI Capital LLC

Privacy Officer

Austin, TX, United States

Email: privacy@albatrossai.org

We are committed to working with you to resolve any concerns about our privacy practices. If you believe your privacy rights have been violated and we have not resolved your concern, you may have the right to lodge a complaint with the relevant data protection authority in your jurisdiction.