Privacy Policy

Date: February 19, 2020

Function Collective, Inc. (hereinafter “Function” “we,” “our,” or “us”) is committed to safeguarding and handling your Personal Information in a responsible and secure manner.

This Privacy Policy describes how we process your Personal Information as you use our website, located at www.function.vc, visit our offices, become a member, attend an event, or use any service, tool, technology, product, or feature (together, the “Services”) provided, operated or owned by Function. When we collect, access, use or do anything with your Personal Information, we are “processing” your Personal Information.

Please read our Terms of Service before accessing our Services. By accepting the Terms of Service, you agree with our privacy practices as described in this Policy. If you cannot agree with this Policy, Terms of Service, or other policies, please do not access or use our Services.

Function is an organization comprised and in service of our Members. We take the privacy and confidentiality of our Members seriously. We will not share, rent, lease, or otherwise disclose any information regarding our Members to third parties without the consent of the Member.

In addition, we may provide you with real time disclosures or additional information about the Personal Information handling practices of specific parts of our Services. Such notices may supplement this Policy or provide you with additional choices about how we process your Personal Information.

Section 1 – Information We Collect Through Your Use of the Services

Personal Information is any information that identifies you or makes you identifiable. We collect different types of Personal Information when you’re accessing or using our Services, including:

1.     Information you provide to us. In connection with the Services, we may ask you to provide these categories of Personal Information, especially when accessing or using parts of our website or online services:

  • Account Information: Information you provide about yourself to access our Services, including name, email address, phone number, mailing address, and password, so that we may communicate with you and provide you with the Services.

  • Payment Information: If and when you purchase or sign up for paid content, we will collect payment card information from you. A third-party service provider stores and processes this information securely and only for purposes of making an order through our Services.

  • Voluntary Information: Information you provide to us voluntarily by completing web forms, participating in polls, or contributing to blogs, postings, contacting customer service, and other mediums constitutes Voluntary Information.

2.     Usage Information automatically collected. When you use the Services online, we automatically collect information about the Services you use and how you use them (“Usage Information”), as described below.

  • Service Data: We collect information about your interactions with the Services, such as the pages or other content you view, and other actions you perform while using the Services.

  • Log Data: We automatically collect log information when you use the Services. This might include your IP address, access times, hardware and software information, device information, device event information (e.g. crashes, unsuccessful logins, browser type), the web page you’ve viewed or engaged with before or after using the Services, and other relevant information. We collect and monitor this data in order to keep track of the security and privacy of your account.

  • Cookies and Similar Tracking Technologies: We may use various tracking technologies to collect and store information about your use of our Services. We use these tools to ensure that you receive a personalized experience, to provide you with certain functions on our Services, to keep your account safe, and to improve and optimize our Services.

3.     Membership Information. If you apply to become a member of Function (“Member”), we may collect the following types of information from you, either as part of your onboarding or on an ongoing basis as part of your membership:

a.     Contact Information: Your name, title, date of birth and gender, picture, signature, home address, work address, billing address, email address and telephone numbers.

b.    Commercial or Financial Information: Your business tax identification number, bank account, wire transfer information, and payment card details.

c.     Professional Background and Investing Experience: Your educational and professional history, interests and accomplishments, information about your investment objectives, investment experience, prior investments (on or offline), backing amounts and preferences, and investment amounts.

d.    Any other information, as relevant: If needed, we may ask you for additional information as part of your membership. When additional information is processed, it will be protected in a line with and subject to this Policy. 

Section 2 – How We Use Your Information

Your Personal Information can be used for various purposes, including:

1.     To Provide Our Services. When you access or use our Services, we process certain Personal Information about you to be able to provide you with our online Services. Some examples of how we process your Personal Information in our Services include, but are not limited to:

a.     To allow you to view the Services,

b.     To create and curate content of interest to you,

c.     To pay for the Services, and

d.     To analyze your use and enjoyment of the Services.  

We cannot provide you with our Services without such processing of your Personal Information. 

2.     To Communicate with You. When you create an account for our Services, you will receive Service-related communications. Our Service-related communications are transactional messages about your account, billing information, your attendance, surveys, support, policy changes, or other Service-related notifications. However, service-related communications are necessary for us to continue to provide our Services to you.

3.     To Support Your Membership. We will process Membership Information subject to the terms of our Membership Agreement. 

4.     To Enforce our Terms, Agreements, or Policies. To maintain a safe, secure, and trusted environment for you when you use the Services, we use your Personal Information to make sure our terms, policies, and agreements with you and any third parties are enforced. We actively monitor, investigate, prevent, and mitigate any suspected or actual prohibited activities on our Services. We are required to process your Personal Information for this purpose to provide our Services. 

5.     For Research and Analytics. We want to ensure our Services are continually improving and expanding so that we meet and exceed your needs and expectations. To do so, we may process your Personal Information to improve, optimize, or expand our Services or features of our Services. We do so by processing information about your use of the Services, any information you provide to us, and by measuring, tracking, and analyzing trends and usage in connection to your use of our Services. We take additional security measures when processing your Personal Information for such purposes, such as by de-identifying your Personal Information and limiting access to such data. Without processing your information for such purposes, we may not be able to ensure your continued satisfaction when using our Services.

6.     To Comply with Applicable Laws. We may be required to process your Personal Information under certain laws and regulations, such as tax laws. We will also process any and all information to law enforcement agencies or others if required to do so by law or in the good faith belief that such preservation or disclosure is reasonably necessary to: (a) comply with legal or regulatory process (such as a judicial proceeding, court order, or government inquiry) or obligations that we may owe pursuant to ethical and other professional rules, laws, and regulations; (b) enforce the Function Terms of Service and other policies; (c) respond to claims that any content violates the rights of third parties; or (d) protect the rights, property, or personal safety of Function, its employees, its users, its clients, and the public. We cannot provide the Services to you without such processing.

Section 3 – How We Share Your Information

We may share your Personal Information as follows:

1.     Third-Party Service Providers. We may use third parties to perform certain services on our behalf in connection with the Services such as:

  • to process and store data, including your Personal Information;

  • to track, analyze, and modify our Services;

  • to assist us in providing you with customer support; and

  • to support our IT and security efforts.

Google Analytics. Google Analytics is one of our analytics service providers. Learn more about how Google collects and uses data here. To opt out of Google Analytics Advertising Features please use Google Ad Settings. To opt out of Google Analytics entirely please use this link.

The third parties we work with do not have permission to use the information we share with them beyond what is necessary to assist us. We execute agreements with third parties to ensure they use adequate safeguards when processing your Personal Information in accordance with this Policy.

However, certain third-party service providers, such as payment transaction processors, have their own privacy policies in respect to the information we are required to provide to them for your purchase-related transactions.

For these providers, we recommend that you read their privacy policies so you can understand the manner in which your Personal Information will be handled by these providers. In particular, remember that certain providers may be located in or have facilities that are located a different jurisdiction than either you or us. If you elect to proceed with a transaction that involves the services of a third-party service provider, then your information may become subject to the laws of the jurisdiction(s) in which that service provider or its facilities are located.

2.     Merger, Bankruptcy, or Corporate Reorganization. We may disclose and transfer your Personal Information to a subsequent owner, co-owner, or operator of Function or the Services, or in connection with a merger, consolidation, restructuring, the sale of substantially all of our interests and/or assets (i.e., a bankruptcy proceeding), or other corporate change. We will notify you with any choices you may have regarding your Personal Information when we are engaged in a merger, bankruptcy, or corporate reorganization. 

3.     Legal Obligations and Safety. We may share your Personal Information if it is reasonably necessary to:

  • Comply with a valid legal process (e.g., subpoenas, warrants, court orders, etc.);

  • Comply with requests or investigations by public authorities;

  • Comply with applicable laws or regulations;

  • Enforce or apply the Function policies or policies of our business partners;

  • Protect the security or integrity of the Services; or

  • Protect the rights, property, or safety of Function, our employees or users, partners and affiliates, or other natural persons.

4.     For any other purpose, with your consent. We may share your Personal Information on your behalf or at your request. We will only do so with your specific consent. If you provide your consent to share your information, you may withdraw your consent at any time. Withdrawing your consent will not undo or reverse the lawfulness of any previous processing, and in some cases Personal Information may not be retrieved once shared. Contact us at hello@function.vc if you would like to withdraw your consent.

Section 4 – Your Choices

1.     Your Account. You may access your Function Account Information by going to the “Your Account” page. You can edit your Account Information as necessary, such as your email address, name, phone number, and more. When you update your Account Information, we may keep a copy of your previous account details for our records and to prevent fraud or other activities that violate our terms, policies and agreements. However, if you do not provide us with some of your Personal Information, such as your name or email, we will no longer be able to provide you with access to our Services.

2.     Self-Reported and Voluntary Information. You may choose not to provide us with some of your Personal Information. For example, you are not required to complete any survey we send to you. 

3.     Communication Preferences. If you do not want to receive emails from us, please adjust your communication preferences or click the unsubscribe link within the email you received from us. You will not be able to unsubscribe from Service-related communications as they are necessary for us to continue offering you the Services.

4.     Account Deletion. At any time, you can delete your account or delete our App from your mobile device. Deleting our App does not delete your account or the related Personal Information. If you wish to delete your account completely, please email us at hello@function.vc. Please note that Function’s deletion of your Personal Information is subject to limitations, including any applicable legal retention requirements.

Section 5 – Third-Party Services

You may find links to other websites, third party applications, and widgets on our Services that we do not own or control. When you click on links in our Service, they may direct you away from our Website. We are not responsible for the privacy practices of other sites and encourage you to read their privacy statements. Once you leave our Service or are redirected to a third-party website or application, you are no longer governed by this Privacy Policy or our website’s Terms of Service.

Section 6 – Security

To protect your Personal Information, we take reasonable precautions and follow industry standard practices to make sure it is not inappropriately lost, misused, accessed, disclosed, altered or destroyed.

You should be aware that, unfortunately, no system can be 100% secure. There will always be a risk that your Personal Information gets compromised. We also depend on you to keep your Account Information secure by keeping your password confidential and taking precautions to keep others from accessing your account. Please notify us immediately at hello@function.vc if you become aware of any unauthorized access to or use of your account.

Section 7 – Children’s Privacy

Our Services are not intended for minors. By using this site, you represent that you are at least the age of majority in your jurisdiction of residence, or that you are the age of majority in your jurisdiction of residence and you have given us your consent to allow any of your minor dependents to use this site. Please contact us if you believe we have collected Personal Information about a child without consent from their parent or guardian so we can take action to prevent such access and to delete their Personal Information from our Services.

Section 8 – Retention

We generally retain your Personal Information as long as necessary to fulfill the purposes of collection or to comply with applicable law. Otherwise we will try to delete your Personal Information upon your request or when we no longer need it for the purposes it was originally collected. We will not delete any Personal Information that also relates to other individuals, unless such other individuals also wish to delete their Personal Information at the same time.

Section 9 – Notice to Individuals in the State of California, United States

Marketing. California law permits California residents to ask Function for a notice that identifies the categories of Personal Information that we share with our affiliates and/or third parties for marketing purposes, and that provides contact information for such affiliates and/or third parties. If you are a California resident and would like a copy of this notice, please submit a written request to us at the address provided under the “Contact Information” section.

Do Not Track Signals. Currently, we do not monitor or take any action with respect to Do Not Track signals or other mechanisms, which means that we collect information about your online activity both while you are using the Services and after you leave our Services.

Section 10 – Changes to this Privacy Policy

We reserve the right to modify this privacy policy at any time, so please review it frequently. Changes and clarifications will take effect immediately upon their posting on the website. If we make material changes to this policy, we will notify you here that it has been updated, so that you are aware of what information we collect, how we use it, and under what circumstances, if any, we use and/or disclose it.

Questions & Contact Information

If you would like to delete your account, register a complaint, or simply want more information please contact us at hello@function.vc.