Legal | 1616 Ventures

This document sets out the privacy policy of 1616 Ventures and its affiliates (together referred to as “1616 Ventures”, “we” or “us“) and explains how we collect and use your personal information in connection with your relationship with us as a customer or potential customer including;

through your use of https://1616ventures.com/ and any country top level domain name (the “Site“),
through your use of and applications for our products and services and participation in our program(s);
by interacting with our content and/or services such as online training; or
by contacting our team members.

This policy also applies to information held about suppliers and possible future suppliers, contacts and all other people we hold information about.

This Privacy Policy also sets out your rights and who you can contact for more information. If you are a customer based in the EU, please see the EU Users for additional information that is relevant to you. Note that if you are based in the EU, you are not the intended audience of this website. If you are based in California, please see the CPRA section below for additional information that is relevant to you.

Information

“Personal Information” means data that allows someone to identify or contact you (e.g. your name, address, telephone number, e-mail address). “Non-Personal Information” means data that is not associated with or linked to your Personal Information.

Depending on the particular circumstances, we may collect and hold different Personal Information about you. For example, this may include:

your name;
your education;
your occupation and professional qualifications;
your contact information such as your home or work address, telephone and email contact details;
your postings on any social media applications and services that we provide;
information about how you use our products and services;
information in connection with communications you send us, for example to report a problem; and
where necessary, additional information as part of our user authentication process.

Automated collection of information

Each time you use the Site, we may automatically collect the following types of information:

Technical information: For example, the type of internet browser and the operating system. We use this information to help provide a good user experience on the Site.

Log information: For example, the details of the use of the Site by you, the visits to the Site and traffic data. We use this information to help us understand how users use the Site and to improve user experience.

If you fail to provide us with this information, or you object to us processing such information the consequences are that we may be prevented from conducting business with you and we may be unable to provide our products and services to you.

How Information is Obtained

Information you give to us when you apply to our accelerator program.
Other information you give to us. We may receive and store information that you enter on the Site (e.g. when you register for a program) or give us in any other way (e.g., by telephone, email or other software platform). As a result of your use of the Site, you may supply us with such Personal Information such as your name and contact details.
Social Media. Depending on your settings or the privacy policies for social media and messaging services such as LinkedIn, Facebook, Twitter and Instagram you might give us permission to access information from those accounts or services.
Information we collect about you.
We may also collect information from you online using cookies and other analytical tools or when you visit the Site, including when you use our products and services. Like most websites, we use “cookies” to help us make our Site – and the way you use it – better. Cookies mean that a website will remember you. They’re small text files that sites transfer to your computer (or phone / tablet). They improve website use and speed – for example by automatically filling your name and address in text fields. There are more details in our section on Cookies below.

In addition, with regard to each of your visits to our Site we will automatically collect certain information e.g. your IP address used to connect your computer to the Internet.

1616 Ignite Accelerator program

Information We Collect

We collect the following personal data when you apply to our program:

Name, email address, and phone number.
Startup details (name, industry, stage, pitch deck).
Any additional information provided in the application form.
Analytics data (IP address, browser type, cookies).

How We Use Your Information

We use collected data to:

Evaluate and process your application.
Communicate updates and decisions regarding your application.
Improve our program and website.
Comply with legal and regulatory requirements.

Sharing Your Information

We may share your data with:

Program partners and evaluators for application review.
Third-party service providers (e.g., Google Forms, Stripe, analytics tools) that assist with application processing.
Legal authorities if required by law.

Data Security & Retention

We implement reasonable security measures to protect your data. We retain application data for as long as necessary for program purposes or legal obligations.

Your Rights

Depending on your location, you may have rights to access, correct, or delete your data. Contact us at legal@1616ventures.com for requests.

How we hold your information

The Site has reasonable security measures in place to protect against the loss, misuse and unauthorized alteration of Personal Information in 1616 Ventures’ possession and control. Although we endeavor to provide security for information in our possession and control, no security system can prevent against all potential security breaches, and we bear no liability for uses or disclosures of Personal Information or Non-Personal Information arising in connection with the theft thereof.

Links to Other Sites

Our Site may contain links to other sites, including via our social media buttons. While we try to link only to websites that share our high standards and respect for privacy, we are not responsible for the content, security, or privacy practices employed by other websites and a link does not constitute an endorsement of that website. Once you link to another website from our Site you are subject to the terms and conditions of that website, including, but not limited to, its internet privacy policy and practices. Please check these policies before you submit any data to these websites.

How the Information is used

Our primary purpose in collecting user information is to provide you with a safe, smooth, efficient, and customised experience and to provide the products and services that you have requested. We may also use the information that you have provided to ensure that the content on our Site is presented in the most effective manner for you and your computer. We may use and disclose your information for the following specific purposes:

to carry out our obligations arising from any contracts entered into between you and us and to provide you with the products, services and information that you request from us;
to assist you with enquiries, or to improve our customer service;
to communicate with you;
to send you marketing (where we have the right to do so – see marketing section below);
to maintain our business relationships where you are a business partner, a user of our website and services, or a customer;
to administer our Site and for internal operations, including troubleshooting, data analysis, testing, research, statistical and survey purposes;
as part of our efforts to keep our Site safe and secure;
to measure or understand the effectiveness of advertising we serve to you and others, and to deliver relevant advertising to you;
to make suggestions and recommendations to you and other users of our Site about services that may interest you or them;
to develop and improve our products and services;
to update our records;
to allow you to participate in interactive features of the Site or our programs, when you choose to do so; and
comply with legal and regulatory obligations.

As further described below, in limited circumstances we may disclose collected information, including Personal Information, to certain third parties in connection with providing the Services or as required by law.

We may use Non-Personal Information in a variety of ways, including, by way of example, to evaluate the performance of the Site and Services and the general preferences of users, or to generate anonymous statistics for our benefit or for our business partners. Because Non-Personal Information is entirely anonymous, and therefore can never be used by us to identify you, this policy does not limit our ability to use or disclose Non-Personal Information.

Information Shared with Third Parties

As a necessary part of providing our products and services, we may disclose information collected from you to the following categories of third parties for the purposes outlined in this Privacy Policy:

We may disclose certain Personal Information about you to our affiliates, third-party service providers, agents and contractors (e.g., our third party payment processors), if this is necessary to provide you with our products and services, respond to your inquiries or for any other related purposes and so long as they are only using the Personal Information to provide services to us. We will ensure that if we share information with, or provide access to, third party service providers or affiliates, any such disclosure or access is at all times in compliance with applicable data protection legislation.
If another company acquires our company, business, or our assets, that company will possess the Personal Information collected by it and us and will assume the rights and obligations regarding your Personal Information as described in this Privacy Policy.
Under certain limited circumstances, we may cooperate with legal investigations and/or we may be subject to legal requirements to disclose information collected through the Site or the Services, such as, by way of example, to a court or a governmental agency, and our policy is to provide such cooperation and comply fully with all such legal requirements.
We may also disclose Personal Information to protect or defend the rights or property of 1616 Ventures or users of the Services and/or to investigate any violation or potential violation of the law, this Privacy Policy, or the Terms of Use. This includes exchanging information with other companies and organizations for fraud protection and credit risk reduction.
We may also share your Personal Information with third parties who support our information technology or handle mailings on our behalf and our professional advisers.

The disclosures contemplated by this paragraph (“Necessary Disclosures”) are necessary if you wish to use our products and services. As mentioned above, we may use and disclose Non-Personal Information without restriction. If you do not want us to make such Necessary Disclosures, or to use Non-Personal Information without restriction, you must not use the Services. We do not sell, rent or lease e-mail addresses or other Personal Information to third parties.

How long we keep your information

We will only keep the information we collect about you for as long as required for the purposes set out above or as required to comply with any legal obligations to which we are subject. This will involve us regularly reviewing our files to check that information is accurate, up-to-date and still required.

If you close an account you have with us or you decide not to go ahead with participating in one of our programs, we may still keep your information.

Marketing

If you have subscribed to one or more of our products or services, communications or mailing lists, you may unsubscribe by following the instructions which are included in any email that you receive or by contacting legal@1616ventures.com at any time.

Cookies are small digital signature files that are stored by your web browser that allow your preferences to be recorded when visiting the Site. They may also be used to track your return visits to the Site. When using the Services, we may create “cookies” on your computer for purposes of facilitating and maintaining your current user session to help 1616 Ventures understand your use of the Site and enable you to access, navigate and use the Services. 1616 Ventures may collect Personal Information using those cookies in order to enable the Company to identify you in connection with the Services and to track use of the Services for purposes consistent with this policy.

To make our Site and Services more useful to you, our servers (which may be hosted by a third party service provider) may collect information from you, including your browser type, operating system, IP, which may vary from session to session), domain name, and/or a date/time stamp for your visit. Third party advertising companies may also use cookies for tracking purposes.

You may be able to block cookies via your browser settings, but this may prevent you from access to certain features of the Site. For information about blocking the use of cookies, please refer to the instructions/help screen on your browser.

Do Not Track

1616 Ventures does not currently take steps to respond to browsers’ “Do Not Track” signals as no uniform standard to respond to such signals has been developed at this time.

Changes to Privacy Policy

If we change our privacy policy, we will post those changes on the Site so that users are always aware of what information we collect, how we use it, and under what circumstances, if any, we will disclose it. These changes will be effective immediately. In any event, changes to this Privacy Policy may affect our use of Personal Information that you provided us prior to our notification to you of the changes. Please check this Privacy Policy periodically to inform yourself of any changes. If you do not accept the changes made to this Privacy Policy you should immediately stop using the Site and our products and services.

Effective February 10, 2025. 1616 Ventures may make changes to this policy in the future. Last updated February 10, 2025.

Questions

For any questions or comments on our privacy policy please contact legal@1616ventures.com

EU Users

Introduction

Our websites do not have EU Users as our intended audience, and we do not offer goods or services to people in the EU. This section applies to users in the European Union in addition to the terms set out above. In this section “Data Protection Legislation” means the EU General Data Protection Regulation 2016/679, together with all other applicable legislation relating to privacy or data protection, and where we use the terms “personal data”, “data subject”, “controller”, “processor” and “process” (and its derivatives), such terms shall have the meanings given to them in the Data Protection Legislation.

Who are we?

1616 Ventures acts as data controller for the purpose of Data Protection Legislation and is responsible for processing your personal data under this Privacy Policy unless otherwise notified to you in connection with a particular product or service.

Legal grounds for using your personal information

Our processing of your personal information is necessary:

for the performance of contracts to which you will be a party to and in order to take steps at your request prior to you entering into those contracts;
for the purposes of legitimate interests pursued by us; or
in order to comply with a legal obligation to which we are subject.

In relation to any processing of special categories of personal information such as information about your ethnicity, we will generally rely on obtaining specific consent from you at the time unless there is otherwise a legal requirement for us to process such information.

Legitimate interests

Where our processing is based on the legitimate interest grounds described above, those legitimate interests are: (i) collecting personal information to provide you with a smooth and efficient customer experience; (ii) running our business; (iii) to provide the products and services you have requested; (iv) to prevent fraud; (v) to update you and keep you informed about relevant products and services, unless you indicate at any time that you do not wish us to do so; and (vi) for our own marketing, research and product development.

Your rights

At any time, you have the right:

to be informed about the processing of your personal data (i.e. for what purposes, what types, to what recipients it is disclosed, storage periods, any third party sources from which it was obtained, confirmation of whether we undertake automated decision-making, including profiling, and the logic, significance and envisaged consequences);
to request access to or a copy of any personal data which we hold about you;
to rectification of your personal data, if you consider that it is inaccurate;
to ask us to delete your personal data, if you consider that we do not have the right to hold it;
to withdraw consent to our processing of your personal data (to the extent such processing is based on previously obtained consent);
to ask us to stop or start sending you marketing messages at any time by using the below contact details;
to restrict processing of your personal data;
to data portability (moving some of your personal data elsewhere) in certain circumstances;
to object to your personal data being processed in certain circumstances; and
to not to be subject to a decision based on automated processing and to have safeguards put in place if you are being profiled based on your personal data.

Any request for access to or a copy of your personal data must be in writing and we will endeavour to respond within a reasonable period and in any event within one month in compliance with Data Protection Legislation. We will comply with our legal obligations as regards your rights as a data subject.

We will correct any incorrect or incomplete information and will stop processing your personal data, or erase it, where there is no legal reason for us to continue to hold or use that information.

We aim to ensure that the information we hold about you is accurate at all times. To assist us in ensuring that your information is up to date, do let us know if any of your personal details change.

Overseas Transfers

You acknowledge and agree any personal data that you provide to 1616 Ventures will be transferred to and stored in the US in accordance with this Privacy Policy.

Where we share data with affiliates and other third parties as described here, your information may also be sent to and stored at, a destination outside the European Economic Area (“EEA”) and may be processed by staff operating outside the EEA who work for us, or for one of our service providers, affiliates, distributors, agents or contractors.

Where recipients are outside the EEA, we ensure that the recipient provides an adequate level of protection for your personal data or the transfer is otherwise permitted under applicable Data Protection Legislation.

If you wish to exercise any of the rights relating to your information set out above, or if you have any questions or comments about data protection, or you wish to raise a complaint about how we are using your information you can contact us using the following details, or any other details notified to you from time to time: write to the registered and head office of 1616 Ventures at legal@1616ventures.com.

If you have any concerns about our use of your information, you also have the right to make a complaint to the relevant Data Protection Authority which regulates and supervises the use of personal data in the EEA.

Questions

For any questions or comments on our privacy policy please contact legal@1616ventures.com

California Users

Information for California Residents

We may collect Personal Data from Consumers and comply with the California Privacy Rights Act (“CPRA”). This California Privacy Notice applies to California residents (“Consumers,” “you,” or “your”).

For the purposes of this California Privacy Notice, “Personal Data” means information that is linked or reasonably linkable to a particular individual or household. However, the following categories of information are not Personal Data:

Publicly available information;
Deidentified or aggregated data; or
Information otherwise excluded from the scope of the CPRA.

This Privacy Notice provides the following information to California Consumers:

Categories of Personal Data we collect;
Purposes for which we use Personal Data;
Categories of Personal Data we disclose to third parties;
Categories of third parties to which we disclose Personal Data; and
How Consumers can exercise their rights under the CPRA:
- The rights to access, correct, or delete Personal Data;
- The right to obtain a portable copy of Personal Data;
- The right to limit the use of sensitive personal data in certain circumstances; and
- The rights to opt out of the sharing of Personal Data for behavioral advertising, sales of personal data, or certain profiling.

Categories of Non-Sensitive Personal Data

The table below outlines the non-sensitive categories of Personal Data 1616 Ventures collects about Consumers and whether and how they are disclosed to third parties.

We collect Non-Sensitive Personal Data from the following sources:

Directly from our users
Inferences from your activity
From our affiliates

Identifiers
- Examples: Identifiers may contain the following: Portfolio company / investor / program participant / client information such as names, addresses, email addresses, and phone numbers or other contact information.
- Purpose(s): Investor / client / service provider/portfolio/program participant records and communications; anti-money laundering & know your customer (AML/KYC) purposes; to improve and provide our services; and/or marketing purposes
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data may be sold to Affiliates and Business Partners
- Sharing: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Personal Characteristics
- Examples: Personal Characteristics may contain the following: Age, gender.
- Purpose(s): Investor / client / service provider/portfolio/program participant records and communications; anti-money laundering & know your customer (AML/KYC) purposes; to improve and provide our services; and/or marketing purposes
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data may be sold to Affiliates and Business Partners
- Sharing: This data may be shared with Processors, Affiliates, and Business Partners
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Commercial Information
- Examples: Commercial Information may contain the following: Customer information, property records.
- Purpose(s): Anti-money laundering & know your customer (AML/KYC) purposes; to improve our services and programs; and/or for business development & marketing purposes.
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data may be sold to Affiliates and Business Partners
- Sharing: This data may be shared with Processors, Affiliates, and Business Partners
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Internet/Electronic Activity
- Examples: Internet/Electronic Activity may contain the following: Web information of users accessing our website.
- Purpose(s): To improve user experience on our website; to improve our services; and/or to generate statistics on the makeup of our website users.
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data is not sold to third parties
- Sharing: This data may be shared with Processors and Affiliates
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Imprecise Geolocational
- Examples: Imprecise Geolocational may contain the following: Personnel office access information.
- Purpose(s): To facilitate entry into 1616 Ventures’s office; and for security purposes.
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data is not sold to third parties
- Sharing: This data may be shared with Processors and Affiliates
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Sensory Information
- Examples: Sensory Information may contain the following: Photographs, videos, and video recordings of company related events and programs
- Purpose(s): For business development & marketing purposes; and/or for delivery of our services.
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data may be sold to Affiliates and Business Partners
- Sharing: This data may be shared with Processors, Affiliates, and Business Partners
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Professional Information
- Examples: Professional Information may contain the following: Employment history, salary information, job titles
- Purpose(s): Anti-money laundering & know your customer (AML/KYC) purposes; to deliver and improve our services; to generate statistics on the makeup of our investors / clients / service providers / portfolio / program participants; for employment and HR-related purposes; and/or for business development & marketing purposes.
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data may be sold to Affiliates and Business Partners
- Sharing: This data may be shared with Processors, Affiliates, and Business Partners
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Educational Information
- Examples: Educational Information may contain the following: Educational history.
- Purpose(s): Anti-money laundering & know your customer (AML/KYC) purposes; to deliver and improve our services; to generate statistics on the makeup of our investors / clients / service providers / portfolio / program participants; for employment and HR-related purposes; and/or for business development & marketing purposes.
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data may be sold to Affiliates and Business Partners
- Sharing: This data may be shared with Processors, Affiliates, and Business Partners
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Inferences
- Examples: Inferences may contain the following: Information drawn from other pieces of information.
- Purpose(s): For HR-related purposes.
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data is not sold to third parties
- Sharing: This data may be shared with Processors and Affiliates
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Categories of Sensitive Personal Data

The table below outlines the categories of Sensitive Personal Data 1616 Ventures collects about Consumers and whether they are shared with third parties. 1616 Ventures obtains affirmative consent from Consumers to process the Sensitive Personal Data, in compliance with applicable law.

We may collect Sensitive Personal Data from the following sources:

Directly from our users
From our affiliates

Government ID Data
- Examples: Government ID Data may contain the following: Driver’s License Number, Government-Issued Identification, and Passport Information.
- Purpose(s): To provide services, to improve services, and to comply with statutory or other obligations.
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data is not sold to third parties
- Sharing: This data may be shared with Processors and Affiliates
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Sensitive Category Data
- Examples:Sensitive Category Data may contain the following: Identification Numbers, racial or ethnic origin, identifiers and other personal characteristics.
- Purpose(s): To provide services, to improve services, and to comply with statutory or other obligations.
- Targeted Advertising: We do not engage in targeted advertising or share this data for targeted advertising purposes
- Sale: This data is not sold to third parties
- Sharing: This data may be shared with Processors and Affiliates
- Retention Period: We retain this data for as long as reasonably needed to fulfill the purpose for which it was collected.

Use of Personal Data

We use Personal Data for the purposes described above. Personal Data may also be used or disclosed as otherwise permitted or required by applicable law.

Disclosing Personal Data

We share and/or sell Personal Data with the following categories of third parties:

Processors: We use processors to securely handle Personal Data on our behalf and only on our instructions. These companies may not use your Personal Data for their own purposes.
Affiliates: We may share your information with our affiliates, subsidiaries, and representatives as part of providing our services.
Our Business Partners: We may share relevant personal data with our business partners to provide you with exclusive offers for products and services that may interest you.

See the tables above for more details about how different categories of Personal Data are shared.

Exercising Your Personal Data Rights

California Consumers have the following rights under the CPRA:

The rights to access, correct, or delete Personal Data;
The right to obtain a portable copy of Personal Data;
The right to limit the use of Sensitive Personal Data in certain circumstances; and
The rights to opt out of the sharing of Personal Data for behavioral advertising, sales of personal data, or certain profiling.

If you are a California Consumer, you can submit a request to exercise your personal data rights under the CPRA by submitting a request to exercise your personal data rights under the CPRA by emailing legal@1616ventures.com. Please be aware that we do not accept or process requests through other means (e.g., via fax, social media, etc.). To protect your privacy, we may need to authenticate your identity before we respond to your rights request. We will use commercially reasonable efforts to verify your identity for this purpose. Any information you provide to authenticate your identity will only be used to process your rights request. Please be aware that we do not accept or process rights requests through other means (e.g., via fax or social media).

We will respond to your rights request within 60 days, though in certain cases we may inform you that we will need up to another 60 days to act on your request. If we suspect fraudulent or malicious activity on or from your account, we will delay taking action on your request until we can appropriately verify your identity and the request as authentic. Also note that each of the rights are subject to certain exceptions.

We reserve the right to decline to process, or charge a reasonable fee for, requests from a Consumer that are manifestly unfounded, excessive, or repetitive.

Sales of Personal Data

The CPRA defines a “sale” as the exchange of Personal Data to a third party for money or anything of value. We do not sell Personal Data to third parties.

Behavioral Advertising

The CPRA defines “sharing” as disclosing Personal Data to a third party for behavioral advertising, sometimes referred to as “targeted advertising.” An example of this is displaying advertisements to a consumer where the advertisement is selected based on Personal Data obtained from that consumer’s activities over time and across nonaffiliated websites or online applications to predict such consumer’s preferences or interests. We share some Personal Data for behavioral advertising. You can opt out of the sharing of your Personal Data for behavioral advertising by submitting a rights request as described above.

Limiting the Use of Sensitive Personal Data

The CPRA provides a right to limit some uses of Sensitive Personal Data. In particular, you may direct companies not to use Sensitive Personal Data except as necessary to provide goods or services you have requested.

You may submit a request to limit the use of your sensitive Personal Data by submitting a rights request as described above.

Authorized Agent Requests

The CPRA allows you to designate an authorized agent to make a rights request on your behalf. Your authorized agent may submit such a request by following the same method described above. We may require verification of your authorized agent in addition to the information for verification above for Consumers and households.

If you have any questions or concerns regarding this California Privacy Notice, contact us at legal@1616ventures.com.

Children

Our services are not directed to children, and we do not knowingly collect personal information from children under the age of 18. If you learn that a child has provided us with personal information, then you may contact us as indicated above.

Questions

For any questions or comments on our privacy policy please contact legal@1616ventures.com.

These are the terms governing your use of this website (“Site”). To the extent that you have been directed to these terms from another 1616 Ventures website that may be hosted on a different domain, please note that these terms will also govern your use of such site. If in doubt as to whether a particular Site is governed by these terms, please contact legal@1616ventures.com. If you do not agree with these terms you may not use the Site or Services (as defined below).

This Terms of Service (this “Agreement”) sets forth the terms and conditions governing your use of the Site and your access to and use of the information, content and services offered on the Site and available on any associated distribution platforms and any public 1616 Ventures online social media accounts, platforms, and sites (collectively with the Site, the “Services”). By accessing or using the Services, you agree to be legally bound by this Agreement, as it may be amended from time to time.

Note all content provided on this Site and within the Services is provided for general informational or educational purposes only. 1616 Ventures makes no representations as to the accuracy or information contained on any page on this Site or within the Services. Unless otherwise indicated, the numbers represented in the Services provide a snapshot as at a particular time based on internal estimates which have not been independently verified and may change from time to time.

1. USE OF SITE

1616 Ventures has established the Site to provide information about its operations and investment advisory activities.

As a condition to your use of the Services, you will not, directly or indirectly: (a) use the Services to infringe the intellectual property rights of others; (b) use the Services or make any attempt to penetrate, modify or manipulate the Services to invade the privacy of any other user of the Services; (c) attempt to modify, erase or damage any information contained on the Site or any device connected to the Services; (d) reverse engineer any portion of the Services; (e) restrict or inhibit others from using the Services; (f) engage in conduct or distribute material that is harmful, obscene, otherwise illegal or objectionable, or gives rise to civil liability; (g) spoof or otherwise impersonate any individual or entity; or (h) violate or attempt to violate the security or integrity of the Services.

1616 Ventures reserves the right to investigate and to involve and cooperate with law enforcement authorities, and to pursue a civil lawsuit or criminal prosecution for any alleged or actual harmful or illegal activities involving any of the Services. 1616 Ventures reserves the right, at any time, to modify or discontinue, temporarily or permanently, the Services, with or without notice. Further, 1616 Ventures reserves the right to modify this Agreement at any time by posting a notice to the Site. You should visit the Site periodically to review the current terms and conditions.

1616 Ignite Accelerator Program

By using our website or applying to the program, you agree to these terms:

Eligibility

To apply, you must:

Be at least 18 years old.
Have a startup or business idea that fits our program criteria.
Provide accurate and complete application information.

Application Process

Submission of an application does not guarantee acceptance into the program.
We reserve the right to reject any application at our discretion.
Selected participants must comply with program requirements, including attending workshops and check-ins.

Intellectual Property

Applicants retain ownership of their startup ideas and materials submitted.
Any educational content provided by us remains our intellectual property and may not be shared without permission.

Limitation of Liability

We do not guarantee funding, investment success, or specific outcomes.
We are not responsible for any losses or damages resulting from participation in our program.

Code of Conduct

Participants must conduct themselves professionally. Any form of misconduct, including harassment or dishonesty, may result in removal from the program.

Modification of Terms

We may update these Terms of Use at any time. Continued use of our website or participation in our program constitutes acceptance of the revised terms.

Contact Information

For questions regarding these terms, contact us at legal@1616ventures.com.

2. INFORMATIONAL PURPOSES ONLY, LEGAL DISCLAIMERS

The Site and the Services are intended solely to provide information regarding 1616 Ventures. The information provided on the Site and elsewhere pursuant to the Services, including information regarding current and historical portfolio investments by funds advised by 1616 Ventures, is not intended as a recommendation to purchase, sell or hold any security or that you pursue any investment style or strategy. Under no circumstances is any content or information provided in the Services intended as, nor should you construe it as legal, tax, accounting, investment or other advice from 1616 Ventures. Such content and information may not be used or relied upon in evaluating the merits of any investment. The past performance of any investment, investment style or strategy is not a guarantee of future results, and it should not be assumed that results for any portfolio companies listed on this Site or in content provided pursuant to the Services will be achieved for other investments.

Views expressed in “posts” (including podcasts, videos, blog posts and social media) are those of the individual 1616 Ventures personnel quoted therein and are not the views of 1616 Ventures, unless explicitly stated. Where indicated the Services may include content from guest speakers and any views or opinions expressed in such posts are personal and do not represent those of 1616 Ventures or any of its staff or affiliates unless explicitly stated.

Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in the Services are subject to change without notice and may differ or be contrary to opinions expressed by others. Any charts provided pursuant to the Services are for informational purposes only, and should not be relied upon when making any investment decision. Certain information contained in content provided in the Services has been obtained from third-party sources, including from portfolio companies of funds managed by 1616 Ventures. While taken from sources believed to be reliable, 1616 Ventures has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. The content speaks only as of the date indicated. Content may contain forward-looking statements which involve risks and uncertainties, and actual results may differ materially from any expectations, projections or predictions made or implicated in such forward-looking statements.

The portfolio companies identified and discussed on this Site may not represent all of the portfolio investments of funds advised by 1616 Ventures. The companies identified were not selected based on the return on the investment in them by funds advised by 1616 Ventures. Such companies were selected as representative examples that clarify and typify 1616 Ventures’s investment strategy and not as an exhaustive list of 1616 Ventures’ investments. These companies are updated from time to time and the note on the “Portfolio” or other relevant page lists the date of the most recent Site update. Portfolio companies listed on this Site may include a select sampling of investments across funds advised by 1616 Ventures as at the date indicated on the relevant page. Any case study provided is shown for illustrative purposes as an example of potential ecosystem development or education services that could be provided by 1616 Ventures, and should not be considered as any advertisement or solicitation of interest to invest into any other 1616 Ventures fund.

Under no circumstances should any information or content on this Site or within the Services be considered as an offer to sell or solicitation of interest to purchase any securities, including any securities advised by 1616 Ventures or any of its affiliates or representatives. Further, no content or information on this Site or within the Services is or is intended as an offer to provide any investment advisory service or financial advice by 1616 Ventures. Under no circumstances should anything herein be construed as fund marketing materials by prospective investors considering an investment into any 1616 Ventures investment fund. Content contained in the Services including podcasts, videos, blog posts and social media is not directed to any investors or potential investors, and does not constitute an offer to sell — or a solicitation of an offer to buy — any securities, and may not be used or relied upon in evaluating the merits of any investment.

An offer to invest in a 1616 Ventures-managed pooled investment vehicle will be made separately and only by means of the confidential offering documents of the specific pooled investment vehicles — which should be read in their entirety, and only to those who, among other requirements, meet certain qualifications under federal securities laws. Such investors, defined as accredited investors, are generally deemed capable of evaluating the merits and risks of prospective investments and financial matters. There can be no assurances that 1616 Ventures’ investment objectives will be achieved or investment strategies will be successful. Any investment in a vehicle managed by 1616 Ventures involves a high degree of risk including the risk that the entire amount invested is lost. Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by 1616 Ventures and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. Prospective investors should bear in mind that past results are not necessarily indicative of future results and there can be no assurance any portfolio company of any investment fund advised by 1616 Ventures will achieve results comparable to those of any company listed on this Site or within content provided pursuant to the Services, or that any investment fund advised by 1616 Ventures will achieve results comparable to any prior or existing fund advised by 1616 Ventures or its principals.

Note the intended audience for certain content on this Site and within the Services is prospective portfolio company founders considering applying to the relevant 1616 Ventures investment fund for funding, to participate in 1616 Ignite and sponsors looking to engage 1616 Ventures services.

Under no circumstances should any statistics, quotations or other content be interpreted as testimonials or endorsement of the investment performance of any 1616 Ventures funds by a prospective investor considering an investment into any 1616 Ventures fund.

Any prospective investor should consult with any and rely on his, her or its own personal legal counsel, accountant or other advisors as to the legal, tax, and economic implications of any investment opportunity and its suitability for such investor and 1616 Ventures accepts no responsibility for any loss which may arise from reliance on the information on this Site, within the Services, or any site which is linked from this Site.

While 1616 Ventures has taken reasonable steps to ensure that the information contained in these pages is accurate and up-to-date, no liability can be accepted for any error or omissions appearing in this Site or within the Services. Data presented on this Site and within the Services is based on internal estimates as the date indicated on the relevant page and has not been independently verified.

If you are in any doubt as to the validity of information made available in these pages, or if you wish to rely on this information, then it may be in your best interests to seek verification by contacting us.

The pages on this Site are issued in the United States, and comply with appropriate US legislation and regulation. The information provided on the Site is not intended for distribution to, or use in, any jurisdiction where such distribution or use would be contrary to law. You are responsible for compliance with applicable local laws and regulations. We welcome interest and enquiries from users worldwide. However, if you are accessing this Site from outside the US, local legislation and regulation may not permit us to provide services to you in your own country.

The vision and strategy strategy outlined herein represents the current strategy of 1616 Ventures as at the date indicated on the relevant page, however, actual strategy or specific investment terms may vary at the discretion of 1616 Ventures management or the general partner of the relevant fund depending on the investment mandate of the particular fund in question.

All logos and trademarks of third parties referenced on this Site are the trademarks and logos of their respective owners. Any inclusion of such trademarks or logos does not imply or constitute any approval, endorsement or sponsorship of 1616 Ventures by such owners.

Please refer to the “Privacy Policy” for details of how 1616 Ventures may use your details.

Staff listed represent a snapshot of the current team members as of the date indicated and may be subject to change from time to time and such information may not be current. The title “Partner” is used in accordance with customary business practice in the venture capital industry and does not indicate a legal status in a partnership.

This Site and Services may also provide a snapshot of members of the 1616 Ventures mentor network who provide guidance to our portfolio companies as of the date indicated and may not include all mentors. Note mentors are not employees or independent contractors of 1616 Ventures and any views or opinions represented by such mentors are personal and do not represent those of 1616 Ventures or any of its personnel or affiliates

3. OWNERSHIP

All content, materials, and software included in the Services are the property of 1616 Ventures, and are protected by U.S. and international copyright, trademark and other intellectual property laws. You may download and retain one copy of this Site only for your own records and personal use. No commercial use, resale, copying or exploitation of material from the Services is permitted without the express written permission of 1616 Ventures and any other applicable copyright owner. All rights not expressly granted hereunder are expressly reserved to 1616 Ventures. The Copyright Notice and Procedures are incorporated into this Agreement by this reference.

4. THIRD-PARTY SITES

The Site and content provided in the Services may link to third-party sites. These links are provided for your convenience, and 1616 Ventures assumes no responsibility whatsoever for any content made available at any third party site. Any privacy policies of any third-party sites are governed by the operator of such sites. 1616 Ventures urges you to read the relevant legal terms and privacy policy (if any) of these third-party sites.

WARRANTIES/LIMITATION OF LIABILITY

The Services are provided “as is” and “as available” without warranties of any kind, express, implied, or statutory, including, without limitation, any implied warranties of merchantability, fitness for a particular purpose, non-infringement, and title. 1616 Ventures does not warrant the accuracy of the information contained on the Site or that the Services will be uninterrupted or error-free.

1616 Ventures nor their affiliates, subsidiaries, licensors, or third-party service providers shall be liable for any damages of any kind arising out of your use of the Services, even if 1616 Ventures has been advised of the possibility of such damages. Some jurisdictions do not allow these limitations, so the foregoing may not apply to you. To the extent the foregoing limitation of liability is held to be unenforceable, the aggregate liability of 1616 Ventures for any cause of action arising out of your use of the Services shall be limited to direct damages actually incurred up to $100.

INDEMNITY OF 1616 Ventures

You agree to indemnify and hold 1616 Ventures, its respective subsidiaries, affiliates, and third-party service providers harmless from any claim, demand, cause of action, debt, loss or liability, including reasonable attorneys’ fees, to the extent that such action is based upon, arises out of, or relates to a breach of this Agreement or your use of the Services. This indemnity shall survive the termination of this Agreement.

CHOICE OF LAW AND FORUM

The substantive laws of the State of Florida govern any disputes arising under this Agreement and your use of the Services, without regard to principles of conflict of laws. You agree to submit to the exclusive jurisdiction of the appropriate state and federal courts in the State of Florida with respect to claims you may have under this Agreement.

MISCELLANEOUS TERMS

This Agreement constitutes the entire agreement between you and 1616 Ventures with respect to its subject matter, superseding any prior agreements between you and 1616 Ventures relating to such subject matter. The failure of 1616 Ventures to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. If a court of competent jurisdiction finds any provision of this Agreement to be invalid, the court should endeavor to give effect to the parties’ intentions, and the other provisions of this Agreement shall remain in full force and effect. The section headings used in this Agreement are for convenience only and have no legal or contractual effect.

If you have any questions about this Agreement, the Site or the Services, please contact 1616 Ventures at legal@1616ventures.com

Effective February 10, 2025. 1616 Ventures may make changes to this Agreement in the future. Last updated February 10, 2025.