Effective Date: 11/26/2024

SevenX Labs (“we,” “our,” or “us”) values your privacy and is committed to protecting the personal information you share with us. This Privacy Policy explains how we collect, use, and protect your data when you visit our website, engage with our newsletter, submit startup ideas, or interact with our venture studio services.

1. Scope of This Privacy Policy

This Privacy Policy applies to the personal data collected through:

• Our website www.sevenxlabs.ai
• The SevenX Insights Newsletter
• Our startup and founder intake process
• Communications, applications, and digital platforms used in our venture studio operations
• Any other services where this Privacy Policy is referenced

This Privacy Policy does not cover information collected through offline means or by third parties unaffiliated with SevenX Labs.

2. Information We Collect

We collect various types of data depending on how you interact with SevenX Labs:

A. Personal & Business Information

• Name, email, phone number
• Job title, company affiliation
• Startup details (if submitting an idea or application)
• Any personal information shared through contact forms or direct communication

B. Technical & Usage Data

• IP address, device type, and browser information
• Website behavior (pages visited, time spent, referral sources)
• Interaction with emails and newsletters (open rates, clicks)

C. Cookies & Tracking Technologies

We use cookies, pixels, and analytics tools (e.g., Google Analytics, Facebook Pixel, CRM tools) to enhance user experience and gather insights.

Types of Cookies Used:

• Essential Cookies: Necessary for website functionality.
• Functional Cookies: Remember preferences and enhance user experience.
• Performance/Analytics Cookies: Track website usage and engagement.

You may control cookies through your browser settings or opt out via our Cookie Policy.

3. How We Use Your Information

Your data is used for:

• Providing and improving our services
• Communicating with you (including newsletters and venture-related opportunities)
• Analyzing trends to enhance our digital platforms
• Evaluating startup applications
• Ensuring legal compliance and security

If you submit a startup idea, we treat your submission confidentially and only use it for evaluation and collaboration discussions.

4. Data Sharing & Third-Party Services

We do not sell your data. However, we may share your information with:

• Service Providers (e.g., email distribution, analytics, cloud hosting)
• Legal Authorities (if required by law or to protect our rights)
• Affiliated Venture Partners (only with your consent for startup collaboration)
• International Data Transfers: Data may be stored in the U.S. and transferred per applicable regulations.

Any third-party services used (e.g., Google Analytics, LinkedIn Ads) are subject to their respective privacy policies.

5. Confidentiality & Startup Submissions

If you submit an idea to SevenX Labs:

• We do not claim ownership of your idea.
• We maintain confidentiality and do not use your idea outside the agreed evaluation process.
• If your startup is not selected, you may request data deletion.
• Founders may request a Non-Disclosure Agreement (NDA) before submission by contacting us at [email protected].

6. Legal Basis for Processing (GDPR & CCPA Compliance)

Under GDPR and CCPA, we process data based on:

• Consent (e.g., marketing communications, cookies)
• Legitimate Interest (e.g., analytics, security)
• Contractual Necessity (e.g., evaluating startup submissions)
• Legal Obligations (e.g., compliance with law enforcement requests)

7. Your Rights & Choices

Depending on your location, you may have rights under CCPA (California) or GDPR (EU/UK), including:

• Access: Request a copy of the personal data we hold about you.
• Correction: Update or correct inaccurate information.
• Deletion: Request removal of your data.
• Opt-Out: Unsubscribe from marketing emails at any time.
• Data Portability: Receive your data in a structured format.
• Restrict Processing: Limit how we use your data.
• Objection to Automated Decision-Making: If applicable, request human review of automated decisions.

To exercise your rights, contact us at [email protected].

8. Data Security & Retention

• We implement industry-standard security measures.
• Your data is retained only as long as necessary for business or legal purposes.
• Startup submission data may be deleted or anonymized upon request.

9. International Data Transfers

If you are outside the U.S., your data may be transferred to and stored in the U.S., subject to applicable data protection laws. We comply with GDPR data transfer requirements through Standard Contractual Clauses (SCCs).

10. Compliance with Law Enforcement & Legal Requests

We may disclose personal data if required by law, court order, or government request, or to enforce our legal agreements, prevent fraud, or protect our legal rights.

11. Changes to This Policy

We may update this policy periodically. Changes will be posted on this page with an updated Effective Date. If you continue to use our services after an updated Privacy Policy has been published, you acknowledge and agree to the revised terms

12. Contact Us

For questions, data requests, or NDA inquiries, contact: 

SevenX Labs
Email: [email protected]
Website: www.sevenxlabs.ai