Terms of Service

1. What Compa is

Compa is software for US small-business brokers. It takes the material a broker already collects on a sell-side engagement - business details, financial statements, tax returns - and produces normalized financials, a valuation range and a draft report.

Compa is a tool that organizes and presents your work. It is not a broker, an appraiser, an accountant or a financial adviser, and using it does not create any of those relationships between us.

2. Valuations are not appraisals or advice

This is the most important section in this document, so it is near the top rather than buried at the bottom.

Every figure Compa produces - a normalized earnings number, a multiple, a valuation range - is a calculation over the inputs you gave it. It is not a certified appraisal, not a fairness opinion, not investment advice, and not a substitute for your own professional judgement or that of a qualified appraiser, accountant or attorney.

You are the professional in the room. You are responsible for reviewing every figure before it reaches a client, a buyer or a lender, and for any decision made on the strength of it. Do not present Compa’s output as an independent valuation, because it is not one.

3. Your account

You can sign in with Google, with Microsoft, or with an email address and password. You are responsible for keeping your credentials secure and for everything done through your account. Tell us promptly if you believe someone else has access to it.

You must be at least 18 and using Compa in the course of a business. Compa is not offered to consumers and is not directed at children.

4. Your content, and your clients’

Everything you put into Compa stays yours. That includes the listings you create, the figures you enter, the documents you upload and the reports you generate.

Most of that material belongs to, or describes, someone else - your client’s business and its finances. By uploading it you confirm that you have the right to do so and to have it processed as described in our Privacy Policy, including engagement or confidentiality agreements you have with the business owner. We cannot check that for you, and this is the one obligation in these terms we would ask you to take seriously rather than skim.

You grant us only the permission needed to run the service for you: to store your content, process it, and show it back to you and to others in your firm. We do not sell it, and we do not use it to train machine-learning models.

5. What you may not do

• Upload material you do not have the right to upload.
• Present Compa’s output as a certified appraisal, or otherwise misrepresent what produced it.
• Attempt to reach another firm’s data, or to circumvent access controls.
• Resell or redistribute the service, or scrape it.
• Upload malware, or use Compa to break the law.

6. Availability

Compa is early software under active development. We do not promise a service level, an uptime figure, or that any particular feature will keep working the way it does today. We may change, suspend or discontinue parts of it.

Keep your own copies of anything you cannot afford to lose. That is ordinary practice with any hosted tool, and it is honest advice rather than boilerplate.

7. Ending it

You can stop using Compa whenever you like and ask us to delete your data, as described in the Privacy Policy. We may suspend or close an account that breaches these terms, or where we are required to.

8. Disclaimers and liability

Compa is provided “as is”. To the fullest extent the law allows, we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose and non-infringement, and we do not warrant that the service will be uninterrupted or error-free or that its output will be accurate.

To the fullest extent the law allows, we are not liable for indirect, incidental, special, consequential or punitive damages, or for lost profits, lost business or lost data. Our total liability arising out of or relating to Compa is limited to the greater of the amount you paid us in the twelve months before the claim, or one hundred US dollars.

Some jurisdictions do not allow these limits, in which case they apply to you only as far as that jurisdiction permits.

9. Governing law

These terms are governed by the laws of the State of New York, without regard to its conflict-of-laws rules. Disputes go to the state and federal courts sitting in New York, New York, and you and we each consent to their jurisdiction.

10. Changes

We may update these terms. If a change is material we will make it visible in the product rather than only changing the date at the top of this page. Continuing to use Compa after a change means you accept the updated terms.

11. Contact

Questions about these terms: privacy@mycompa.ai.