Terms of Service

These Terms of Service (“Terms”) are a binding agreement between you and Sleet Labs LLC, a Wyoming limited liability company (“Sleet Labs,” “FormDFlow,” “we,” “us,” or “our”), governing your access to and use of the FormDFlow website, web application, email digests, integrations, APIs, and related services (collectively, the “Service”).

Please read these Terms carefully. They include important limitations on our liability (Section 13), an indemnity you owe us (Section 14), and provisions governing how disputes are resolved (Section 17).

Not investment advice. Not affiliated with the SEC. FormDFlow is a data and alerting service that surfaces public SEC filings with added filtering and tagging. We are not an investment adviser, broker-dealer, or registered securities professional, and we are not affiliated with, endorsed by, or sponsored by the U.S. Securities and Exchange Commission. See Sections 3 and 4.

1. Acceptance & eligibility

1.1 Acceptance. By creating an account, clicking “I agree” (or a similar control), accessing the Service, or otherwise using the Service, you agree to be bound by these Terms and by our Privacy Policy, which is incorporated by reference. If you do not agree, you must not access or use the Service.

1.2 Business use only. The Service is offered solely for business and commercial purposes. It is not intended for personal, family, or household use, and it is not directed to consumers.

1.3 Eligibility. You represent and warrant that you are at least 18 years old and have the legal capacity to enter into these Terms.

1.4 Authority to bind. If you use the Service on behalf of a company, organization, or other legal entity (an “Organization”), you represent and warrant that you have the authority to bind that Organization to these Terms, and “you” refers to both you individually and that Organization. The Organization is the account and billing principal.

1.5 Updates to these Terms. We may modify these Terms as described in Section 16. Your continued use of the Service after a change takes effect constitutes acceptance of the revised Terms.

2. Description of the Service

2.1 What FormDFlow is. FormDFlow is a subscription service that ingests, normalizes, classifies, filters, enriches, and delivers information drawn from publicly filed Form D and Form D/A disclosures available through the U.S. Securities and Exchange Commission’s EDGAR system. We deliver matching filings to you as a daily email digest and, depending on your subscription tier, via Slack, Microsoft Teams, REST API, or CSV export, and we publish a searchable web directory of filings.

2.2 The underlying filings are public; we do not own them. The raw Form D filings are public-domain federal disclosures; we don’t own them. What you are paying for is the pipeline: nightly ingestion, parsing, vertical-and-stage classification, filter matching, enrichment, digest delivery, and the web directory. The license we grant you under Section 9 is a license to that value-added pipeline, delivery, and software — not a license to, or any claim of ownership in, the underlying filings, which remain freely available to anyone directly from the SEC.

2.3 Enrichment is machine-generated. Vertical tags, stage inference, one-sentence summaries, and similar enrichment are generated by automated and machine-learning systems and are provided for convenience only. They are labeled as enrichment in the Service and are not statements of fact about any issuer or offering. See the “as is” disclaimer in Section 5.

2.4 Changes to the Service. We are continually improving the Service and may add, modify, or remove features, integrations, tiers, or functionality at any time, subject to Section 16.

3. Not investment advice; we are not an adviser

3.1 The following reflects the standing disclosure that appears across the Service and is a material term of these Terms:

No. FormDFlow is a data and alerting service that surfaces public SEC filings with added filtering and tagging. Nothing in our product, emails, directory, or website constitutes investment advice, a recommendation to buy or sell any security, or an offer of investment-advisory services. We are not registered as an investment adviser under the Investment Advisers Act of 1940.

3.2 No recommendations. Nothing in the Service — including any filing, tag, summary, ranking, sort order, digest, alert, directory page, or marketing copy — is a recommendation, endorsement, solicitation, or offer to buy, sell, or hold any security, or an opinion on the merit, attractiveness, suitability, value, or timing of any security, offering, or issuer. The Service presents and filters public facts; it does not evaluate them.

3.3 No fiduciary or advisory relationship. Your use of the Service does not create any investment-advisory, fiduciary, broker-dealer, or similar relationship between you and Sleet Labs. We are not your adviser, broker, dealer, or agent.

3.4 You decide. You are solely responsible for your own business, commercial, investment, and other decisions, and for obtaining your own independent legal, financial, tax, and professional advice. You should not rely on the Service as the basis for any such decision.

4. No affiliation with the SEC

4.1 The following reflects the standing disclosure that appears across the Service and is a material term of these Terms:

Not affiliated with the U.S. Securities and Exchange Commission. SEC EDGAR is a free public resource operated by the SEC. FormDFlow independently ingests, filters, and enriches publicly filed documents. We are not an investment adviser, broker-dealer, or registered securities professional. Nothing on this site constitutes investment advice.

4.2 Sleet Labs and FormDFlow are not affiliated with, endorsed by, or sponsored by the U.S. Securities and Exchange Commission or any other governmental agency. EDGAR is a free, publicly accessible system operated by the SEC; our use of data obtained from it does not imply any relationship with the SEC. References to the SEC, EDGAR, or Form D are for identification and accuracy only.

5. Data accuracy — provided “as is”

5.1 We faithfully surface what issuers filed. FormDFlow reproduces and organizes the Form D information that issuers themselves filed with the SEC. We do not independently verify, audit, or correct those filings, and we do not warrant that any filing, or the data within it, is accurate, complete, current, or free of error or omission. Issuers — not Sleet Labs — are responsible for what they filed.

5.2 “As is” data. All filing data, enrichment, tags, summaries, classifications, digests, alerts, and directory content are provided “as is” and “as available,” without warranty of any kind. Filing data may be delayed relative to the SEC’s publication, may be amended by the issuer after we deliver it, and may differ from the authoritative record. The authoritative source is the filing as published by the SEC on EDGAR; where it matters, you should consult the underlying filing directly on EDGAR.

5.3 This Section 5 is in addition to, and does not limit, the broader disclaimer of warranties in Section 12.

6. Accounts, security, and seats

6.1 Registration. You must provide accurate account information and keep it current. Accounts are created through Google OAuth sign-in.

6.2 Credentials. You are responsible for safeguarding your account credentials and for all activity that occurs under your account. Notify us promptly through our contact form if you suspect unauthorized access.

6.3 Seats. Access is licensed per seat, subject to the seat limits of your tier (Section 7). Seats are for named individuals within your Organization and may not be shared by, or transferred to, persons outside your Organization in a way that exceeds your purchased seat count.

7. Subscriptions, tiers & billing

7.1 Tiers. The Service is offered in the following subscription tiers:

Feature availability by tier is described on our pricing page and in the Service, and may change in accordance with Section 16. Agency-tier access is provisioned by our sales team under a separate order form or master services agreement; in the event of a conflict between these Terms and a signed Agency agreement, the signed agreement controls for that customer.

7.2 Card required; no free trial. A valid payment method is required at signup. There is no free trial and no free tier for paid plans; paid access begins when your subscription is activated.

7.3 Payment processor. Payments are processed by Stripe, Inc. You authorize us and Stripe to charge your payment method for all applicable fees. Your use of Stripe is subject to Stripe’s own terms and privacy policy. We do not store full payment card numbers.

7.4 Auto-renewal. Paid subscriptions are billed in advance and automatically renew each billing period (monthly for Starter and Pro) at the then-current rate, until cancelled. Annual billing is available to Agency customers under their order form. By subscribing, you authorize recurring charges to your payment method until you cancel.

7.5 Taxes. Fees are exclusive of taxes. You are responsible for all applicable sales, use, VAT, GST, and similar taxes, other than taxes on our net income.

7.6 Price changes. We may change subscription prices and the features included in a tier. We will give reasonable advance notice of a price increase, and the new price will take effect on your next renewal after the notice period. Your continued use after the change takes effect constitutes acceptance.

7.7 Cancellation. You may cancel at any time from your account billing page or the Stripe customer portal. Cancellation stops future renewals.

7.8 Effect of cancellation. When you cancel, your paid access continues through the end of the then-current billing period, after which the subscription ends and paid features are disabled. Cancellation does not retroactively credit or refund the current period.

7.9 No refunds except where required. Except where a refund is required by applicable law, all fees are non-refundable, including for partial billing periods, unused seats or filters, or periods of non-use. This does not limit any non-waivable statutory rights you may have.

7.10 Failed payments; downgrade. If a charge fails or a subscription lapses, we may suspend or downgrade your access until payment is resolved.

8. Customer data & privacy

8.1 Your data is yours. As between you and Sleet Labs, your account information, saved filter configurations, billing identity, and other data you submit or that is generated in your account (“Customer Data”) belong to you. The public Form D filing data the Service surfaces is not Customer Data.

8.2 How we handle it. We collect, use, and process Customer Data as described in our Privacy Policy, which is incorporated into these Terms. The Privacy Policy describes the categories of data we process, our subprocessors, and how you may exercise access, correction, and deletion rights.

8.3 Data processing for business customers. Where we process personal data on your behalf as a processor (for example, under the GDPR, UK GDPR, or CCPA/CPRA), that processing is governed by our Data Processing Addendum (DPA), which is available on request and, for Agency customers, may be executed as part of the order form. To the extent the DPA applies, it forms part of these Terms.

8.4 “Public” filings are not a license to mishandle your data. That the underlying filings are public does not change our obligations with respect to your private account, filter, and billing data, which we handle in accordance with the Privacy Policy and applicable law.

9. Intellectual property & license

9.1 Our IP. The Service — including the FormDFlow platform, ingestion and enrichment pipeline, vertical and stage taxonomies and tags, classifications, software, source code, databases (other than the underlying public filings), user interfaces, designs, and the FormDFlow and Sleet Labs names and logos — is owned by Sleet Labs or its licensors and is protected by intellectual-property and other laws. We reserve all rights not expressly granted.

9.2 License to you. Subject to these Terms and your payment of applicable fees, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Service for your internal business purposes during your subscription term, within the limits of your tier.

9.3 Your content. You retain ownership of your Customer Data and account content. You grant us a non-exclusive, worldwide license to host, process, transmit, and display your Customer Data solely as necessary to provide, secure, and improve the Service and as described in the Privacy Policy.

9.4 Feedback. If you give us suggestions or feedback, you grant us a perpetual, irrevocable, royalty-free license to use it without restriction or obligation to you.

10. Acceptable use & your responsibility for outreach

10.1 You are solely responsible for how you use the leads. The Service provides you with information about public filings. You — not Sleet Labs — are solely responsible for what you do with that information, including any outreach you conduct. Any email, telephone call, text message, or other communication you send to any person or company you identify through the Service is your communication, made on your own behalf, and not a communication by Sleet Labs.

10.2 Compliance with outreach and data laws. You represent, warrant, and covenant that your use of the Service and any outreach you conduct will comply with all applicable laws, including, without limitation, the CAN-SPAM Act, the Telephone Consumer Protection Act (TCPA), the GDPR and UK GDPR, the CCPA/CPRA, state anti-spam and telemarketing laws, and other applicable marketing, privacy, and data-protection laws. This includes, where required, providing a functioning opt-out, honoring suppression and do-not-contact requests, maintaining a valid postal address in commercial email, and having a lawful basis to contact individuals. Penalties for non-compliant outreach may be substantial, as provided by applicable law, and they are your responsibility.

10.3 Prohibited conduct. You will not, and will not permit any third party to:

• (a) scrape, crawl, harvest, or use automated means to extract data from the Service except through interfaces we expressly provide for that purpose (e.g., the Agency-tier API) within their documented limits;
• (b) resell, redistribute, sublicense, or commercially exploit the FormDFlow feed, digests, enriched data, or directory, or make the Service available to anyone outside your Organization, except as expressly permitted by your tier or a written agreement with us;
• (c) reverse-engineer, decompile, disassemble, or otherwise attempt to derive the source code, structure, or underlying ideas of the pipeline, software, taxonomies, or models, except to the extent this restriction is prohibited by applicable law;
• (d) take any action that would breach, circumvent, or cause us to breach the SEC EDGAR fair-access terms, including the EDGAR rate limits and the requirement to identify requests with a valid User-Agent; attempt to access EDGAR through the Service in a manner that risks our access being throttled or banned; or otherwise interfere with our compliance with the terms under which we obtain public data;
• (e) use the Service to develop or train a competing product or a competing dataset;
• (f) interfere with, disrupt, probe, or circumvent the security, integrity, or rate limits of the Service or its infrastructure;
• (g) use the Service in violation of any applicable law, or to harass, defraud, or harm any person; or
• (h) remove, obscure, or alter any disclaimer, attribution, or proprietary notice in the Service or its outputs, including the SEC non-affiliation and not-investment-advice disclosures.

10.4 Enforcement. We may investigate suspected violations and may suspend or terminate access for conduct that violates this Section, as described in Section 15.

11. Third-party services & links

11.1 The Service integrates with or links to third-party services (for example, Google, Stripe, Slack, Microsoft Teams, and the SEC EDGAR system) and to issuer or third-party websites. We do not control and are not responsible for third-party services or content, and your use of them is governed by their own terms. Links and integrations are provided for convenience and do not imply endorsement.

12. Disclaimer of warranties

12.1 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE SERVICE AND ALL DATA, FILINGS, ENRICHMENT, TAGS, SUMMARIES, DIGESTS, ALERTS, AND OTHER CONTENT ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITH ALL FAULTS AND WITHOUT WARRANTY OF ANY KIND. We expressly disclaim all warranties, whether express, implied, statutory, or otherwise, including any implied warranties of merchantability, fitness for a particular purpose, title, accuracy, and non-infringement, and any warranties arising from course of dealing or usage of trade.

12.2 We do not warrant that the Service will be uninterrupted, timely, secure, or error-free; that filing data will be accurate, complete, or current (see Section 5); that defects will be corrected; or that the Service or its delivery infrastructure (including email) is free of harmful components.

12.3 Some jurisdictions do not allow the exclusion of certain warranties, so some of the above exclusions may not apply to you.

13. Limitation of liability

13.1 No indirect damages. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, NEITHER PARTY (AND, FOR SLEET LABS, ITS AFFILIATES, OFFICERS, EMPLOYEES, AND SUPPLIERS) WILL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOST PROFITS, LOST REVENUE, LOST BUSINESS, LOST DATA, OR LOSS OF GOODWILL, ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES AND REGARDLESS OF THE THEORY OF LIABILITY.

13.2 Liability cap. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, SLEET LABS’ TOTAL CUMULATIVE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE WILL NOT EXCEED THE TOTAL FEES YOU ACTUALLY PAID TO US FOR THE SERVICE IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE LIABILITY.

13.3 Carve-outs. The exclusions and cap in this Section do not apply to your indemnification obligations in Section 14, your breach of Section 10 (Acceptable use), amounts owed for the Service, or liability that cannot be limited under applicable law.

13.4 Basis of the bargain. The limitations in Sections 12 and 13 are a fundamental basis of the bargain and reflect the allocation of risk between the parties, including the fact that the Service is provided over public-domain data we do not control.

14. Indemnification

14.1 Your indemnity. You will defend, indemnify, and hold harmless Sleet Labs and its affiliates, officers, directors, employees, and agents from and against any third-party claims, demands, actions, and proceedings, and all resulting losses, damages, liabilities, settlements, costs, and reasonable attorneys’ fees, arising out of or relating to: (a) your use of the Service and of any data or leads obtained through it, including any outreach, marketing, or communications you send (your send, not ours); (b) your violation of these Terms, including Section 10; (c) your violation of any applicable law, including CAN-SPAM, the TCPA, the GDPR, or the CCPA/CPRA, in connection with your use of the Service; and (d) your Customer Data or content.

14.2 Our indemnity. We will defend, indemnify, and hold you harmless from and against third-party claims alleging that the Service, as provided by us and used in accordance with these Terms, infringes that third party’s intellectual-property rights, and we will pay resulting damages finally awarded or agreed in settlement. This obligation does not apply to claims arising from the underlying public filings, your Customer Data, your outreach, your combination of the Service with other products, or your use of the Service in violation of these Terms.

14.3 Procedure. The party seeking indemnification will promptly notify the other of the claim, give the indemnifying party sole control of the defense and settlement (provided no settlement imposes a non-indemnified obligation on the indemnified party without consent), and reasonably cooperate.

15. Suspension & termination

15.1 By you. You may stop using the Service and cancel your subscription at any time as described in Section 7.

15.2 By us. We may suspend or terminate your access, in whole or in part, if: (a) you materially breach these Terms (including Section 10) and, where the breach is curable, fail to cure within a reasonable period after notice; (b) your payment fails or your subscription lapses; (c) we reasonably believe your use poses a security, legal, or fair-access risk (including a risk to our EDGAR access); or (d) we are required to do so by law. We may suspend immediately, without prior notice, where necessary to protect the Service, other users, third parties, or our EDGAR access.

15.3 Effect of termination. On termination, your license under Section 9 ends and you must stop using the Service. Sections that by their nature should survive — including Sections 2.2, 3, 4, 5, 9.1, 9.4, 10, 12, 13, 14, 16.3, 17, and 18 — survive termination.

15.4 Data after termination. We handle Customer Data after termination as described in the Privacy Policy and any applicable DPA.

16. Modifications to the Terms & the Service

16.1 Terms. We may update these Terms from time to time. If we make a material change, we will provide reasonable notice (for example, by email or an in-Service notice) before it takes effect. The “Last updated” date reflects the latest version.

16.2 Service. We may modify, suspend, or discontinue any part of the Service as described in Section 2.4, subject to applicable law and any signed Agency agreement.

16.3 Acceptance of changes. Your continued use of the Service after a change to these Terms takes effect constitutes your acceptance of the change. If you do not agree, you must stop using the Service and may cancel under Section 7.

17. Governing law & dispute resolution

17.1 Governing law. These Terms and any dispute arising out of or relating to them or the Service are governed by the laws of the State of Wyoming, without regard to its conflict-of-laws rules, and, where applicable, by the laws of the United States. The U.N. Convention on Contracts for the International Sale of Goods does not apply.

17.2 Exclusive jurisdiction and venue. The state and federal courts located in Wyoming have exclusive jurisdiction over, and are the exclusive venue for, any dispute arising out of or relating to these Terms or the Service, and each party consents to personal jurisdiction and venue in those courts. Notwithstanding the foregoing, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to protect its intellectual property or confidential information.

17.3 Informal resolution. Before bringing a formal claim, the parties will attempt in good faith to resolve the dispute by contacting us through our contact form and negotiating for at least thirty (30) days.

17.4 Limitation period. To the extent permitted by applicable law, any claim arising out of or relating to these Terms or the Service must be brought within one (1) year after it arises, or it is permanently barred.

18. General

18.1 Entire agreement. These Terms, together with the Privacy Policy, any applicable DPA, and — for Agency customers — any signed order form or master services agreement, are the entire agreement between you and Sleet Labs regarding the Service and supersede all prior agreements on that subject.

18.2 Order of precedence. In the event of a conflict, a signed Agency agreement controls over these Terms for that customer, and these Terms control over other documents posted in the Service, except where those documents expressly state otherwise.

18.3 Assignment. You may not assign these Terms without our prior written consent. We may assign these Terms to an affiliate or in connection with a merger, acquisition, or sale of assets.

18.4 Severability. If any provision is held unenforceable, it will be modified to the minimum extent necessary, and the remaining provisions will remain in effect.

18.5 No waiver. Our failure to enforce a provision is not a waiver of our right to do so later.

18.6 Force majeure. Neither party is liable for delay or failure to perform due to causes beyond its reasonable control, including the unavailability of, or changes to the terms of, the SEC EDGAR system.

18.7 Relationship. The parties are independent contractors. These Terms create no partnership, joint venture, agency, fiduciary, or employment relationship.

18.8 Notices. We may give notice to you by email or through the Service. You may give notice to us at the contact below.

19. Contact

Sleet Labs LLC
5830 E 2nd St Ste 7000
Casper, WY 82609
USA

Support and legal: contact form.