> ## Documentation Index
> Fetch the complete documentation index at: https://docs.privateequitylist.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Private Equity List Subscription Terms

> Additional subscription terms for Private Equity List — fee changes, refunds and cancellation, and client logo placement.

These Subscription Terms govern all Private Equity List subscriptions, exports, API and MCP access. They are operated by **PrivateEquityList LLC**, a Wyoming limited liability company ("Private Equity List", "we", "us"), and are incorporated by reference into the [Terms and Conditions](https://privateequitylist.com/terms-and-conditions) of privateequitylist.com.

By subscribing, exporting data, or using the API or MCP server, you agree to these terms. If you do not agree, do not subscribe.

**Last updated:** 19 August 2026

<Warning>
  **Key points.** Fees are **non-refundable** (section 5). The data is supplied **as is**, compiled from public sources with AI-assisted enrichment; coverage is partial and some records are wrong or out of date (section 3). We are **not liable for your campaign costs**, and our liability is capped at a single subscription period (section 10). We can **change these terms and the data at any time without notice** (section 12). Claims are time-barred (section 11). We are a small team selling a low-cost tool, not an enterprise data vendor — the price reflects that.
</Warning>

## 1. Who we are, and who this is for

Private Equity List is an information tool: a searchable database of PE/VC investors and funds, compiled from public sources. We are not a broker-dealer, investment adviser, placement agent, or fiduciary. Nothing on the platform is investment, legal, tax, or financial advice, and listing a firm or person is not an endorsement or a sign that they are open to any transaction.

The Service is sold for business use. By subscribing you confirm that you are at least 18 and that you are subscribing for your trade, business, profession, or research — not for personal or household use. Individuals may subscribe: what matters is the purpose, not whether you have a company. A founder raising capital, a solo adviser, a freelancer, an angel, an analyst, or a researcher is subscribing for business purposes.

You ask us to give you access immediately on payment, and you accept that supply is complete once access is granted, so any cooling-off or withdrawal right that would otherwise apply is lost at that point. Where a mandatory consumer law applies to you anyway, it prevails to that extent and the rest of these terms still stands.

## 2. What a subscription is — and is not

A subscription is a limited, non-exclusive, non-transferable, revocable right for one named person to search the database as it exists from time to time, on the plan you bought.

It is **not**:

* a bespoke, made-to-order, or custom-built dataset;
* a data-supply, list-building, lead-generation, or research service;
* a promise that any number of investors, funds, contacts, emails, phone numbers, or addresses exists, appears in your results, or appears in an export;
* a promise of deliverability, replies, meetings, or funding;
* a promise that every record matches every filter, brief, mandate, geography, or sector.

We decide what to include and how to classify it. Deciding whether the database fits your purpose is your job, and the free Basic plan exists so you can check coverage and field completeness before paying.

**You do not rely on anything outside this page.** In subscribing you confirm you are not relying on any statement, figure, estimate, demo, sample, or assurance made anywhere else — marketing pages, pricing pages, statistics pages, comparison pages, blog posts, social media, newsletters, sales emails, ads, third-party listings, or reviews. This page and the plan you bought are the whole agreement. This does not exclude liability for fraud.

## 3. The data: how it works and what it does not do

<Warning>
  The database is provided **as is** and **as available**, with no warranty of accuracy, completeness, currency, verification, deliverability, or fitness for any purpose. Verify records yourself before spending money on outreach.
</Warning>

**Where it comes from.** Firm websites and team pages, public registries and filings, press and news, public professional profiles, public directories, and user reports — then enriched with automated and AI-assisted pipelines and partial human review. We do not ask each firm or person to confirm their record, and any field may reflect what a source said when it was captured, not what is true today.

**What "updated" means.** The database is updated continuously; individual records are not. That the database is updated daily or weekly does not mean your record was re-checked recently, that a person still works there, or that an email still accepts mail. Some profiles are refreshed within days, others have not been re-checked for months.

**Coverage is partial by design.** Contacts are included where public sources show them. Not every firm has contacts; not every contact has an email address — a material share have none at all; phone numbers and addresses exist only for some records; coverage is thinner for smaller firms and non-English markets. No minimum count, fill rate, or coverage level is promised on any plan.

**Emails.** Addresses are sourced or derived from public information and are not verification-checked before display or export. Expect bounces, role accounts, spam filtering, and people who have moved on. Where a source was ambiguous, an address may be mapped to the wrong person.

**Classification.** Type, stage, industry, ticket size, and location are best-effort tags, not verified attributes. Country usually means a headquarters, not where a fund invests. Filters narrow the database; they do not curate your brief.

**AI.** Parts of the pipeline use large language models, and answers delivered through the API, the MCP server, or a connected AI assistant are generated by software. They can be incomplete, out of date, or simply wrong, and are not our opinion or advice.

**Counts and statistics.** Any record count, coverage percentage, fill rate, or "last updated" figure shown anywhere is an automated, approximate, point-in-time estimate. It is information, not a representation, and it changes without notice.

**Change.** Sources, fields, taxonomy, and coverage change at our discretion and without notice. A record present today may be gone, altered, or reclassified tomorrow. If you hold an older copy or export, working from the current version is your responsibility.

### 3.1 Normal characteristics, not defects

Each of the following is expected in a database of this kind and is **not** a defect, a breach, or a ground for any claim, refund, credit, replacement, or compensation:

* a material share of contacts with no email, phone, or postal address;
* a bounce, rejection, or spam-filtering rate of any level;
* role or shared addresses rather than named individuals;
* an email, number, or profile link mapped to the wrong person where a source was ambiguous;
* a person who has left the firm, changed role, or is absent from the firm's current team page;
* duplicate, near-duplicate, or namesake records, and one address appearing on several records;
* records outside your brief despite the filters you applied;
* records, fields, or coverage that are missing, changed, reclassified, or withdrawn;
* any particular number of records or populated fields in a search or export.

### 3.2 Before you spend money

Before using exported data in any paid campaign you must: run every address through a reputable third-party verification service and drop the failures; send in small batches and stop if bounce or complaint rates rise; confirm the person, role, and address on the firm's own website before incurring any physical cost (print, postage, courier, gifts, events); and review the results against your own brief.

These are conditions of use, not tips. Any email, postal, print, courier, gifting, advertising, agency, or staff cost you incur is at your own risk, and cost incurred without doing the above cannot be recovered from us or relied on in a claim.

## 4. Fees

Prices are those published at [Plans & Pricing](/account/plans-pricing) when you buy, exclusive of any taxes. Payment is processed by Stripe; we do not store card details. Fees are due in full at the start of each period and subscriptions renew automatically until cancelled. Failure to pay may result in suspension or termination.

We may change prices at any time. A change to the recurring fee for an existing subscription takes effect at the end of your current period, and we will give you reasonable notice so you can cancel first.

## 5. Refunds, cancellation, and disputes

**Fees are non-refundable.** We do not give refunds, pro-rata refunds, partial refunds, credits, replacement datasets, replacement records, re-runs, top-ups, or compensation. We may look at an individual situation at our sole discretion; doing so once creates no obligation or precedent.

**Value is delivered on access.** You get the whole database the moment you pay. So no refund is available once you have run a search, viewed a record, used the API or MCP server, or exported anything. Any discretionary refund we do grant is conditional on you deleting all data obtained from the Service (section 7).

**Not grounds for a refund** — for the avoidance of doubt: missing, wrong, or outdated records; contacts without emails or firms without contacts; bounces, filtering, or silence; records you consider out of scope; tagging you disagree with; costs you incurred (postage, printing, gifts, courier, ads, agency, staff time); change of mind, non-use, or forgetting to cancel; your own campaign or fundraising results; anything listed in section 3.1. The route for data problems is correction under section 8, not money back.

**Cancellation.** Cancel any time via **Billing / Invoices → Manage subscriptions**. No cancellation fee. Access runs to the end of the current billing cycle and is not refunded pro-rata. Cancelling in time is your responsibility. Lifetime Pro is non-refundable and lasts as long as we commercially operate the service; it does not oblige us to operate it indefinitely.

**Complaints first.** If something is wrong, email [privateequitylist@gmail.com](mailto:privateequitylist@gmail.com) with the specific records and fields and what you want. We will look at it and reply when we can. You agree not to start proceedings, a chargeback, or a payment dispute, or to go to a regulator or third party, until 60 days after you first raised the matter with us in writing.

**Goodwill is not admission.** Any correction, credit, extension, or discretionary gesture we offer is commercial goodwill, offered without prejudice. It is not an admission of breach, fault, defect, inaccuracy, or liability, and must not be presented as one. We do not issue written acknowledgements of fault in relation to data quality.

**Payment disputes.** A complaint does not suspend, reduce, or delay your payment obligations. If you raise a chargeback instead of following this section, we may suspend or close your account and any related accounts immediately and recover the disputed sum plus any fees charged to us.

## 6. Acceptable use

You may not:

* share, sell, sublicense, rent, or transfer your account, credentials, API key, or MCP key;
* scrape, crawl, bulk-download, or systematically extract the database beyond your plan's export, API, and MCP allowances;
* republish, resell, redistribute, or supply the data to third parties as a product, list, dataset, or feed;
* use the data to build, train, fine-tune, evaluate, or improve a competing database, directory, dataset, or AI model;
* circumvent plan limits, rate limits, or access controls;
* present the data as your own proprietary research in a client deliverable;
* reverse engineer or attempt to derive our structure, taxonomy, matching logic, or enrichment methodology, or use the Service for competitive benchmarking or published coverage comparisons;
* use the data for spam or unlawful outreach.

A subscription covers **one named person**. Credentials must not be shared or rotated between people, and must not be used from several sessions at once. We may treat concurrent sessions or access patterns inconsistent with one human user as evidence of sharing.

Exported data may be used inside your own organisation and for your own outreach only. If you publish or circulate analysis derived from it, say that it is based on data from Private Equity List and that the interpretation and any action taken are yours alone.

Breach of this section lets us suspend or terminate access immediately, without refund.

## 7. Suspension, termination, and deletion

We may suspend, restrict, throttle, change, or discontinue the Service, any plan, feature, allowance, endpoint, or account at any time, with or without notice. We may terminate a subscription on notice, and immediately where we reasonably suspect a breach of section 6 or 9, a chargeback, abusive conduct toward our team, or conduct that exposes us to legal or reputational risk. No refund is due on suspension or termination, and discontinuing a feature, field, dataset, integration, or plan is not a breach and gives no right to a refund, credit, or damages.

When your subscription ends for any reason — or if any refund, credit, or chargeback of fees occurs — your licence ends immediately. You must stop using data obtained from the Service and delete all copies of it, including copies in CRMs, marketing platforms, email tools, spreadsheets, and backups, and confirm in writing that you have done so if we ask. This does not cover records you independently held or obtained elsewhere, or suppression-list entries kept solely to honour opt-outs.

## 8. Data errors: correction is the only remedy

If something is wrong, send us the firm or contact name, the field, what is wrong, and a source if you have one, at [privateequitylist@gmail.com](mailto:privateequitylist@gmail.com) or via the report link on the profile.

We review reports and correct what we can verify, on a best-efforts basis. We are a small team: there is no committed response time, no committed turnaround, no obligation to investigate, re-research, or re-verify any record, and no obligation to accept your source. Where we cannot verify a correction we may amend, suppress, or remove the record at our discretion.

Correction — or any alternative we choose to offer instead — is your sole and exclusive remedy for any error, omission, inaccuracy, staleness, duplication, misclassification, or non-deliverability in the data. This applies even if that remedy is found to have failed of its essential purpose.

Investors and individuals listed in the database can ask us to correct or remove their own details through the same address.

## 9. Your outreach, your responsibility

If you contact anyone using the data, you do so as an independent controller in your own right. We are not joint controllers and neither of us processes that data for the other. You are solely responsible for the lawfulness of your outreach — GDPR and UK GDPR, PECR, CAN-SPAM, CASL, and any other applicable marketing, privacy, or anti-spam law — including your own lawful basis, notices, opt-outs, and suppression lists. You must not send unlawful, deceptive, harassing, or bulk unsolicited messages, and you must honour objections and erasure requests you receive.

If we tell you that an individual has asked to be removed or corrected, stop contacting them, and delete or correct that record everywhere you hold it.

You will defend and indemnify PrivateEquityList LLC and its officers, members, employees, and contractors against all claims, investigations, fines, penalties, losses, damages, settlements, costs, and legal fees arising from your use of the data, your outreach, your breach of these terms or of any law, your infringement of third-party rights, or any complaint by a person or firm you contacted or a client you supplied. You will not settle any such claim in a way that binds us or admits anything on our behalf without our written consent, and we may take over the defence at your cost.

## 10. No warranties, and limited liability

The Service and all data are provided **as is** and **as available**, without warranties of any kind, express, implied, or statutory, including merchantability, satisfactory quality, accuracy, completeness, non-infringement, and fitness for a particular purpose. We do not warrant that the data or the Service will meet your requirements, brief, or campaign objectives; that any record, contact, address, field, firm, or level of coverage is or will be present; that the Service will be available, uninterrupted, secure, or error-free; or that any error will be corrected. Whether the Service suits your purpose is your judgement alone.

We rely on third-party sources, infrastructure, enrichment vendors, payment processors, and AI providers. We do not control, verify, or endorse third-party material and are not liable for their errors, outages, changes, or acts.

**Support** is provided by email on a best-efforts basis. There is no response-time commitment, no uptime commitment, no service level, and no dedicated account management on any plan. Free plans, trials, and beta or preview features are provided as is and may be limited, changed, or withdrawn at any time. Anything we say about future features is information, not a commitment.

**We are not liable** — under any legal theory, whether contract, tort (including negligence and negligent misstatement), breach of statutory duty, misrepresentation, restitution, strict liability, or otherwise — for any indirect, incidental, special, consequential, exemplary, or punitive loss, or for any of the following whether direct or indirect: lost profit, revenue, business, contracts, savings, opportunity, goodwill, reputation, funding, or data; management or staff time; or wasted spend of any kind, including campaign, email-platform, mailing, print, postage, courier, gifting, event, advertising, agency, freelancer, or verification costs. This applies however the loss arises and whether or not it was foreseeable or we were told it was possible.

**Cap.** Our total aggregate liability for all claims taken together, however many there are and whatever their basis, is limited to the fees you actually paid us for the single subscription period in which the event giving rise to the first claim occurred — for a monthly plan, one month's fee.

If that limit is held unenforceable, then in ascending order and each severable from the others: the fees paid in the three months before the claim; failing that, the fees paid in the twelve months before the claim; failing that, the lowest amount that is enforceable.

You accept that this allocation of risk is reasonable and is reflected in the price: we are a small business selling a low-cost research tool, the price does not include underwriting the outcome of your campaigns, you could evaluate the data free before paying, comparable data is available elsewhere, and we would not supply the Service at this price without these limits. You are better placed than we are to check, control, insure, and mitigate any loss from acting on the data.

Nothing here excludes liability that cannot lawfully be excluded — fraud or fraudulent misrepresentation, death or personal injury caused by negligence, or anything else mandatory law protects. Where any limit is unenforceable in one jurisdiction, it still applies to the maximum extent allowed there and in full everywhere else.

## 11. Time limit for claims

Any claim arising out of or relating to the Service, the data, or these terms must be notified to us in writing, with reasonable detail, within **three (3) months** of the date you first knew or should have known the facts behind it, and any proceedings must be started within **twelve (12) months** of that date. After those periods the claim is waived and barred, to the maximum extent the law allows. Nothing here shortens a period that cannot lawfully be shortened.

## 12. Changes

We may change these terms, the platform, plans, features, allowances, filters, fields, sources, coverage, taxonomy, and the contents of the database **at any time and without individual notice to you**. Changes take effect when published on this page, or when deployed in the case of the service itself. We are not obliged to email you, and we are not obliged to keep any feature, field, integration, record, or level of coverage. Checking this page is your responsibility, and continuing to use the Service after a change means you accept it.

Changes apply going forward only, and the version in force at the time of an event governs that event. Publishing an improved or expanded version is not an admission that an earlier version was inaccurate, unfair, or unenforceable, or that anything done under it was a breach. The only exception to this section is a recurring-fee change, which follows section 4.

## 13. Names, logos, and trademarks

If you registered with a corporate domain, you grant us a non-exclusive, worldwide, royalty-free licence to use your organisation's name and logo to identify you as a customer — on our website, in customer lists, marketing materials, decks, case studies, and social media — and to let our agencies and providers do the same for that purpose. You confirm you are authorised to grant this. We will only present you as a customer, never as endorsing us, and we will not attribute a quote to you without your written approval.

You can withdraw the licence at any time by emailing [privateequitylist@gmail.com](mailto:privateequitylist@gmail.com). We will remove your name and logo from pages we control within a reasonable period, normally within 90 days. We are not required to recall, amend, or reissue anything already printed, distributed, published elsewhere, cached, archived, or recorded. Withdrawal works going forward only. Until you withdraw it, the licence continues, including after your subscription ends.

All rights in "Private Equity List", "PEL", our logos, domains, database, its structure, taxonomy, and its selection and arrangement stay with us or our licensors, and nothing here grants you any right in them. You may not use our name, marks, screenshots, or branding in marketing, client deliverables, comparison or "alternatives" content, resale material, or press without our written consent — beyond an accurate, plain-text mention of Private Equity List as a source. You may not register confusingly similar domains, handles, or marks, or bid on our marks as paid search keywords. This paragraph survives termination.

## 14. Confidentiality of commercial terms

Any pricing, discount, allowance, extension, or accommodation offered to you outside our published [Plans & Pricing](/account/plans-pricing), and the content of any negotiation or settlement between us, is confidential and may not be disclosed without our written consent, except where the law or a regulator requires it. Nothing here stops you publishing an honest review of the Service.

## 15. Governing law and jurisdiction

These terms, and any dispute or claim arising out of or in connection with them, including non-contractual ones, are governed by the laws of the **State of Wyoming**, United States, without regard to conflict-of-laws rules. The UN Convention on Contracts for the International Sale of Goods does not apply.

The state courts located in Laramie County, Wyoming, and the United States District Court for the District of Wyoming, have exclusive jurisdiction. You submit to that jurisdiction and waive any objection based on inconvenient forum. Claims may only be brought in an individual capacity, not as part of any class, collective, or representative proceeding. This section prevails over any governing-law or venue provision in the Terms and Conditions for subscription matters. Where a mandatory law in your country gives you a right to sue elsewhere, that law prevails to that extent.

## 16. General

**Force majeure.** We are not liable for delay or failure caused by anything outside our reasonable control, including outages, cyber-attacks, industrial action, changes in law, and the acts, outages, rate limits, blocking, price changes, or withdrawal of any third-party provider, source, or platform we depend on.

**Survival.** Sections 2, 3, 5, 6, 7, 8, 9, 10, 11, 13, 14, 15, and 16 survive termination.

**Assignment.** We may assign or transfer our rights and obligations, including on a merger, acquisition, or sale of assets, without your consent and without notice. You may not, without our written consent.

**Waiver and severance.** Not enforcing a right is not a waiver of it. If any provision is invalid or unenforceable it is modified to the least extent needed to make it valid, or deleted if that is not possible; the rest stays in force.

**Entire agreement.** These terms and the Terms and Conditions are the only terms between us. Additional or conflicting terms in a purchase order, vendor questionnaire, supplier form, or procurement portal do not bind us, whether or not we sign or acknowledge them. Where these terms and any other document we publish conflict, the more protective of PrivateEquityList LLC governs, unless mandatory law says otherwise. No third party may enforce these terms, and nothing here creates a partnership, agency, or employment relationship.

**Contact.** [privateequitylist@gmail.com](mailto:privateequitylist@gmail.com) · [admin@privateequitylist.com](mailto:admin@privateequitylist.com)

## Related

* [Terms and Conditions](https://privateequitylist.com/terms-and-conditions)
* [Data Privacy Policy](https://privateequitylist.com/privacy-policy)
* [Plans & Pricing](/account/plans-pricing)
* [Manage Subscription](/account/manage-subscription)