This notice explains what personal data (information) we will hold about you, how we collect it, and how we will use and may share information about you relating to our analysis of the market and potential investment opportunities. We are required to provide you with certain information under data protection legislation.
What is the relationship between InReach Ventures LLP and InReach Data Limited?
InReach Ventures LLP is an investment firm which uses a software platform to identify and evaluate relevant investment opportunities. For details of how InReach Ventures LLP processes personal information, please click here.
InReach Data Limited is an associated company of InReach Ventures LLP, and owns the software platform that is used by InReach Ventures LLP (and other users of the platform who may be authorised from time to time) to identify potential investment or other corporate opportunities. The platform collects and processes company data (which may include limited personal information about the company’s founders and key employees) to help platform users identify the most relevant opportunities. Any personal information within the platform is processed in accordance with this privacy notice.
Who collects information about you?
InReach Data Limited (company number: 9601812), registered office: c/o Rees Pollock, 4th Floor, 35 New Bridge Street, London EC4V 6BW United Kingdom (us or we) is a ‘data controller’. This means that we are responsible for deciding how we hold and use certain information about you.
Data protection principles
We will comply with data protection law and principles, which means that your data will be:
What information do we hold about you?
We may collect the following information about you:
How is your information collected?
We may collect information about you from the following sources:
How we will use information about you
We may use the information we collect about you:
We use and share your personal information based on our legitimate commercial interests and those of our trusted partners, in accordance with relevant data protection legislation. However, we take care to ensure that your interests and fundamental rights do not override those interests. You have the right to object to this processing and if you wish to do so, please contact us using the details provided in this Privacy Notice.
If you fail to provide personal information
If you fail to provide information when requested, which is necessary for us to consider a potential investment opportunity, we may not be able to process your online application for funding.
Automated decision-making takes place when an electronic system uses personal information to make a decision without human intervention. Our internal proprietary software may perform automated processing based on company information (which may include your personal information) which we have obtained to identify and analyse potential investment opportunities. However, you will not be subject to decisions that will have a significant impact on you based solely on automated decision-making, unless we have a lawful basis for doing so.
Why might you share my personal information with third parties?
We may need to disclose your information in the following circumstances:
We may also disclose your information to third parties if:
We will only share your information with third parties outside our group where disclosure is consistent with a legal basis for processing on which we rely and where this is lawful and fair to you. We may disclose your information if it is necessary for our legitimate interests or the interests of a third party but will not do this if these interests are overridden by your interests and rights in particular to privacy.
We require all third parties to respect the security of your personal data and to treat it in accordance with the law. We do not allow our third-party service providers to use your personal data for their own purposes and only permit them to process your personal data for specified purposes and in accordance with our instructions.
Where and how we store your information
The data that we collect from you may be transferred to and stored at a destination outside the European Economic Area (EEA). It may also be processed by staff operating outside the EEA who work for us or for one of our service providers, trusted partners or other authorised third party platform users for the purposes set out above only. In order to ensure that any third party treats your personal data in a way which is consistent with the UK and EU’s laws on data protection, we will put in place agreements with those third parties which contain provisions approved by the EU for protecting personal data.
We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors and other third parties who have a business need to know. They will only process your personal data according to our instructions and they are subject to a duty of confidentiality.
We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.
We will only retain your personal data for as long as necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements. To determine the appropriate retention period for personal data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal requirements.
Your rights in connection with your personal information
Under certain circumstances, by law you have the right to:
If you would like to exercise any of those rights, please:
If you have any questions about this privacy notice or how we handle your personal information, please contact us at firstname.lastname@example.org. We hope that any query or concern you raise about our use of your information can be resolved but if not, you have the right to make a complaint at any time to the Information Commissioner’s Office (ICO), the UK supervisory authority for data protection issues. See https://ico.org.uk/concerns or telephone: 0303 123 1113 for further information about your rights and how to make a formal complaint.
It is important that the personal data we hold about you is accurate and current. Please keep us informed if your personal data changes during your relationship with us.
This Privacy Notice may be reviewed and amended from time to time. If we make any substantial change to the way in which we use your personal information we will notify you, where possible. Please see our website at www.inreachventures.com for the latest version of this Privacy Notice.