Terms of Service

Deal Radar reads offering memoranda and broker emails with AI, scores deals against your firm’s criteria, and tracks them through your pipeline. It is currently offered as a pilot. Features will change, some may be removed, and things may occasionally break while we build it out with you.

• Your firm’s admins create accounts and decide each person’s role. Your firm is responsible for who it gives access to and for their use of Deal Radar.
• Keep your password to yourself and tell us promptly at corey@sprout.works if you think your account has been misused.

Please don’t:

• upload content you don’t have the right to use, or that breaks a confidentiality agreement you’re bound by;
• upload malware, or try to get into another firm’s workspace or data;
• probe, overload or disrupt the service, or get around its security or access controls;
• scrape, resell or sublicense Deal Radar, or use it to build a competing product;
• use Deal Radar for anything unlawful.

Deal Radar uses Anthropic’s API, so your use must also follow Anthropic’s usage policy.

• You own it. Your firm owns the documents, deal data and criteria it puts into Deal Radar, and the extractions, scores and other results produced from them.
• Our permission to use it. You give us permission to host, copy, process and display your data only as needed to provide and support Deal Radar for your firm, including sending documents to our AI provider as described in the Privacy Policy. We don’t use your data to train AI models.
• Your responsibility. You confirm you have the rights and consents needed to upload what you upload, including offering memoranda received under a confidentiality agreement and contact details of brokers and others.

We treat your firm’s documents and deal data as confidential. We won’t disclose them to anyone except the service providers listed in the Privacy Policy, who need them to run Deal Radar and are bound to protect them, or where the law requires it (in which case we’ll tell you first if we’re allowed to).

In turn, please keep confidential anything non-public you learn about Deal Radar during the pilot, such as unreleased features and pricing.

Deal Radar’s extractions, scores, rationales and citations are produced by AI and can be wrong or incomplete: a figure misread from an OM, a page mis-cited, or a criterion judged on partial information. They are there to help your team screen faster, not to replace its judgment.

• Check important figures and citations against the source documents before relying on them.
• Deal Radar does not give investment, legal, tax, appraisal or other professional advice. Your firm is responsible for its own investment decisions and diligence.

During the pilot, Deal Radar is provided “as is” and “as available”. To the fullest extent the law allows, we make no warranties, express or implied, including that it will be uninterrupted, error-free or fit for a particular purpose, or that AI output will be accurate. Keep your own copies of documents that matter.

To the fullest extent the law allows, neither side is liable to the other for indirect, incidental, special, consequential or punitive damages, or for lost profits, lost deals or lost data, arising from Deal Radar or these terms. Our total liability for any claim is limited to the greater of the amount your firm paid us for Deal Radar in the 12 months before the claim and US$100.

These limits don’t apply to a party’s breach of the confidentiality section, or to liability that can’t be limited by law.

Any fees for the pilot are set out in your firm’s pilot agreement. If there isn’t one, the pilot is free, and we’ll agree any pricing with you before it applies.

• Either side can end the pilot at any time by telling the other in writing. We may suspend access immediately if an account is being used in a way that breaks these terms or puts the service or other customers at risk.
• When the pilot ends, we’ll give your firm an export of its data on request, if asked within 30 days. After that, or sooner if your firm asks, we’ll delete your firm’s workspace and documents as described in the Privacy Policy.
• Sections that by their nature should survive (your data, confidentiality, AI output, warranty, liability) survive the end of the pilot.

We welcome suggestions. If you share feedback, we may use it to improve Deal Radar without owing you anything for it. That doesn’t give us any rights to your data.

We may update these terms as the product evolves. We’ll change the date at the top, and for material changes we’ll tell your firm’s admin in advance. Continuing to use Deal Radar after a change takes effect means you accept it.

The governing law and venue for these terms are those set out in your firm’s pilot agreement with Sprout Works.

Deal Radar is operated by Sprout Works. Questions about these terms: corey@sprout.works.