Welcome to Ivern AI ("we", "our", "us"). These Terms of Service ("Terms") govern your access to and use of our application (mobile, web, or otherwise) and related services (collectively, the "Service"). By using or accessing the Service, you agree to these Terms. If you do not agree, do not use the Service.
1. Definitions
2. Grant of License & Use Restrictions
We grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Service for your personal, non-commercial use, subject to these Terms.
You may not:
- use the Service in any manner not permitted by these Terms;
- reverse engineer, decompile, or attempt to extract the source code or algorithms;
- use the Service for high-frequency trading, automated decision-making without oversight, or any use that may expose us to regulatory liability;
- remove or alter any copyright, trademark or proprietary notices.
3. Disclaimers & No Financial Advice
Ivern AI is not a licensed financial advisor.
The Content provided by the Service is for informational, educational, or illustrative purposes only, and should not be taken as financial, investment, legal, accounting, or other professional advice.
You should not make financial decisions based solely on the Output of the Service. Always conduct your own research or consult with qualified professionals before making decisions.
4. Limitation of Liability & Indemnification
To the fullest extent permitted by applicable law, we disclaim all warranties, express or implied, including but not limited to warranties of accuracy, reliability, fitness for a particular purpose, or non-infringement.
We do not guarantee that the Service will be error-free, uninterrupted, or secure.
Limitation of Liability
In no event shall we (or our directors, officers, employees, affiliates) be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits, data, investment, or use arising out of or in connection with your use (or inability to use) the Service, even if we have been advised of the possibility of such damages.
Cap on Liability
Our total liability to you for all claims arising under these Terms shall not exceed the amount you have paid to us (if any) in the 12 months preceding the claim (or a nominal amount if none).
Indemnification
You agree to indemnify, defend and hold us harmless from any claim, demand, injury, loss, liability, damages, costs or expenses (including reasonable attorney's fees) arising from your violation of these Terms or your use of the Service.
5. User Representations & Responsibilities
By using the Service, you represent and warrant that:
- You are at least 18 years old (or the age of majority in your jurisdiction).
- You will use the Service only in compliance with all applicable local, national, and international laws and regulations (including securities and financial laws).
- You will not misuse the Service for illegal or unethical purposes, or to facilitate any wrongdoing.
- You will provide accurate and complete information, and keep your account credentials secure.
6. Third-Party Services & Data
The Service may rely on Third-Party Services or data providers. We do not control such services and are not responsible for their accuracy, availability, reliability, or content.
If you choose to integrate or connect a brokerage account, market data feed, or other financial systems, you do so at your own risk, and must comply with their terms.
We may impose usage limits or disclaim functionality if third-party services change or discontinue.
7. Privacy & Data Use
We collect, process, and store personal data as described in our Privacy Policy (which is incorporated into these Terms).
You consent to our collection and use of data (including inputs, outputs, logs) for service operations, improvement, and analytics, provided we anonymize or aggregate whenever possible.
We will retain logs or records of your use (e.g. for dispute resolution, audit, or compliance).
You may have rights under applicable laws (e.g. access, deletion). We will respond in accordance with laws (GDPR, CCPA, etc.), where applicable.
8. Modifications & Updates
We may modify, suspend, or discontinue the Service (or any features) at any time, temporarily or permanently, with or without notice.
We may update these Terms from time to time. If changes are material, we will make reasonable efforts to notify you (e.g. via email or notice on the app).
Your continued use after a modification constitutes acceptance of the updated Terms.
9. Termination
You may stop using the Service at any time.
We may suspend or terminate your access (without liability) if you violate these Terms, if required by law, or for other business reasons.
Upon termination, your license ends, and you must cease all use of the Service. Sections such as Disclaimers, Limitation of Liability, Indemnification, and Intellectual Property will survive.
10. Intellectual Property
All rights, title, and interest in and to the Service and Proprietary Content remain with us (or our licensors).
We grant you a limited license to use the Service (as above) — you receive no ownership rights.
You retain ownership of the inputs you provide and may use outputs (subject to these Terms).
You agree not to infringe, reproduce, distribute, or attempt to reverse engineer the Service.
11. Dispute Resolution & Governing Law
These Terms are governed by the laws of [choose jurisdiction — e.g. State of Delaware, U.S., or Israel, depending on where your company is incorporated], without regard to conflict-of-law rules.
Arbitration / Mediation
Any dispute arising from or relating to these Terms or the Service shall be resolved through binding arbitration (or mediation first, then arbitration), in [city / forum], under [specify arbitration rules, e.g. ICC, AAA, or other].
Each party waives the right to a jury trial or class actions (to the extent enforceable).
If a court or arbitrator determines that any provision of these Terms is invalid or unenforceable, that provision shall be severed or limited, and the remainder shall remain in full force and effect.
12. Notices & Communication
We may send notices via email, push notifications, or via the Service interface.
Legal notices or claims should be sent to: daniel@ivern.ai
You may send us notices via email to: daniel@ivern.ai
13. Miscellaneous
Entire Agreement
These Terms plus the Privacy Policy constitute the entire agreement between you and us regarding the Service, superseding prior agreements.
No Waiver
Failure to enforce a right does not constitute waiver of that right.
Assignment
You may not assign your rights or obligations without our consent. We may assign or transfer in connection with a sale, merger, or change in control.
Force Majeure
We are not liable for delays or failures arising from events beyond our reasonable control (e.g. war, natural disasters, infrastructure failure).