Terms of Service

Disclosure: VerifAI is a commercial-purpose entity working in close relations with a variety of independent enterprises, including, amongst others: Wealth Management platforms, algo trading platforms, venture capital firms, stock brokerage firms, crypto and/or NFT venture platforms. Under these potential partnerships, VerifAI will benefit monetarily from matching, based on data and information that the user provided us with, between offeror and offeree VerifAI takes and bears no liability on the merit, success or profitability of such offers.
Welcome to VerifAI, a website that presents information regarding potential investments and allows you the opportunity to designate investment opportunities in which you would like to participate. By accessing or using the VerifAI website or any services offered on the website, you agree to be bound by these terms of use ("Terms"). If you do not agree to all the terms and conditions of this agreement, then you may not access the website or use any services.
Eligibility: You must be at least 18 years old to use VerifAI. By using VerifAI, you represent and warrant that you have the right, authority, and capacity to enter into these Terms and to abide by all of the terms and conditions set forth herein. Use of VerifAI: VerifAI is a platform that presents information regarding potential investments and allows you to designate investment opportunities in which you would like to participate. However, such selection does not mean that you will be permitted to participate in such transaction. VerifAI reserves the right to reject any investment opportunity at its sole discretion.
Disclaimer: The information provided on VerifAI is for general informational purposes only and is not intended as investment advice. VerifAI does not endorse any particular investment or guarantee the success of any investment. You should carefully consider your own financial situation and consult with a financial advisor before making any investment decisions.
Limitation of Liability: VerifAI shall not be liable for any damages of any kind arising from the use of this site, including, but not limited to direct, indirect, incidental, punitive, and consequential damages.
Indemnification: You agree to indemnify and hold VerifAI and its affiliates, officers, agents, and employees harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of your use of VerifAI, your violation of these Terms, or your violation of any rights of another.
Governing Law: These Terms shall be governed by and construed in accordance with the laws of the State of Texas, USA, and you hereby consent to the exclusive jurisdiction of the state and federal courts located in Texas for any dispute arising out of or relating to these Terms.
Severability: If any provision of these Terms is found to be invalid or unenforceable, that provision shall be enforced to the maximum extent possible, and the remaining provisions shall remain in full force and effect.
Waiver: VerifAI's failure to exercise or enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.
Entire Agreement: These Terms constitute the entire agreement between you and VerifAI and govern your use of VerifAI, superseding any prior agreements between you and VerifAI (including, but not limited to, any prior versions of the Terms).
VerifAI is an investment platform that offers access to venture capital investments. However, it is important to note that these investments involve significant risks and may not be suitable for all investors.
Risks related to venture capital investments:
● Venture capital investments are highly speculative and involve a high degree of risk. There is no guarantee that the investment will generate any returns or that the value of the investment will not decline.
● The success of a venture capital investment depends on the success of the underlying company. If the company does not perform well or experiences unexpected setbacks, the value of the investment may decline significantly.
● Venture capital investments often involve long-term commitments, and investors may not have the ability to exit their investment until the company is sold or goes public. This means that investors may be unable to access their funds for an extended period of time.
Risks related to securities laws:
● The users’ Interests offered on VerifAI are not registered under the Securities Act or any other securities laws, including state securities or blue sky laws. This means that the interests are not subject to the same regulatory requirements as publicly traded securities, and investors may have fewer protections.
● In order to invest in via VerifAI, investors must make certain representations to VerifAI, including that they are acquiring the interests for their own account and for investment purposes only. If these representations are not accurate, the investor may be in violation of securities laws and may face legal consequences.
Risks related to taxation:
● The tax implications of investing in companies via VerifAI may vary depending on the investor's individual circumstances and the tax laws of their jurisdiction.
● Investors should seek advice from a qualified tax professional before making any investment decisions.
● The tax treatment of venture capital investments may also be subject to change in the future, which could impact the investor's tax liability.
● By investing via VerifAI, investors accept the risks outlined above and acknowledge that they are making an informed decision based on their own research and evaluation of the investment.
● VerifAI does not provide investment advice or recommendations, and investors should carefully consider their own financial situation and risk tolerance before making any investment decisions.

Policy

VerifAI presents these company presentations to parties who have expressed interest in becoming investors in limited partnerships purchasing securities in portfolio companies through VerifAI. These presentations do not constitute an offer to sell securities and are qualified in their entirety by the terms of the transaction documents, including the subscription agreements, terms and conditions of membership in VerifAI, and the partnership articles of each entity to be established to invest in the presented companies. If you express interest in any of these companies, VerifAI will provide you with offering documents which will include a full description of the partnership formed to invest in the company, the company itself, and the offering, as well as a full explanation of the criteria for investing. VerifAI is not a broker, dealer, or underwriter of securities and does not solicit investors on behalf of any company. While VerifAI may provide data, information, and content related to investment opportunities, this should not be construed as legal, tax, insurance, financial, or investment advice. Nothing on the website should be interpreted as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by VerifAI or any third party. These company presentations contain information provided by third parties, including documents, information, data, and photographs. VerifAI makes no representations or warranties regarding such presentations, including as to their accuracy and completeness or the omission of any material fact necessary to prevent them from being misleading in light of the circumstances under which they were made. Neither VerifAI nor any of its affiliates will be liable for any damages, whether under any contract, tort (including negligence), strict liability, or other theory, and regardless of whether VerifAI has been advised of the possibility of such claim or damage, arising in connection with such presentations. VerifAI cannot accept any liability for presentations provided by third parties. You are solely responsible for determining whether any investment, investment strategy, security, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. Investors and users should conduct their own diligence and consult with licensed professionals, including financial advisors and attorneys, before making any investment decisions.

VerifAI may face conflicts of interest in its actions taken for its own account or on behalf of other investors in the same portfolio company or in other portfolio companies. These actions may negatively affect a specific special purpose vehicle (SPV) or class of investment with such SPV. It is important for investors to be aware of these potential conflicts, as they may disadvantage the SPVs and the resolution of these conflicts may not always be favorable to all limited partners. By investing via VerifAI, investors acknowledge and consent to the existence of these potential conflicts and the operation of VerifAI despite them. Affiliates of VerifAI may also face conflicts of interest in allocating their time and resources among VerifAI and other business activities and entities, as well as among the different SPVs and their underlying portfolio companies. This could lead to conflicts in their responsibilities to VerifAI and each SPV and its portfolio company. VerifAI will make best efforts to provide prospective investors with the opportunity to ask questions and receive responses from a representative of VerifAI regarding the terms and conditions of their investment, as well as any additional information that VerifAI possesses and is able to share without unreasonable effort or expense. However, due to the diverse needs of potential investors, VerifAI may provide certain information to some investors that it does not provide to all. VerifAI will also try to arrange for investors to ask questions of representatives of portfolio companies. The conflicting interests of individual investors in VerifAI, such as timing of disposition of investments, may lead to conflicts of interest in decisions made by VerifAI, including those related to the disposition of investments that may be more beneficial for one limited partner over another. VerifAI will make best efforts to resolve these conflicts fairly and in the best interest of all limited partners. However, VerifAI cannot guarantee that all conflicts will be resolved in this manner.