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Terms and Conditions
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This document constitutes the Terms and Conditions (referred to as the “Agreement”) that govern your access to and utilization of the online platform, including all related websites, applications, APIs, and services (collectively referred to as the “Platform”), through which quotation, procurement, transaction management, and related services are facilitated.

The Platform is owned and operated by Quotable Ventures, Inc., a Delaware corporation, together with its affiliates (collectively referred to as the “Company,” “Quotable,” “we,” “us,” or “our”).

By accessing or utilizing the Platform, you hereby enter into a legally binding agreement governed by the terms set forth herein. Prior to commencing use of the Platform, it is imperative that you carefully review this Agreement in its entirety. Should you disagree with any provision contained herein, you are obligated to refrain from accessing or using the Platform.

Your data is used solely for the purposes outlined in this Agreement and our Privacy Policy, including but not limited to processing RFQs, facilitating communication between parties, enabling transactions, improving platform functionality, and supporting automated or AI-assisted workflows.

IMPORTANT NOTICE: THIS AGREEMENT IS SUBJECT TO BINDING ARBITRATION AND A WAIVER OF CLASS ACTION RIGHTS.

THE PLATFORM AND SERVICES

The Platform serves as a technology solution that enables users to create, manage, and process commercial transactions, including but not limited to Requests for Quotation (RFQs), quotations, purchase orders, sales orders, invoices, delivery records, payment requests, and related documentation (collectively referred to as the “Services”).

The Platform may connect users with third-party businesses, suppliers, or service providers (collectively referred to as “Brands” or “Users”), who may offer goods or services through or in connection with the Platform.

It is expressly acknowledged that the Company operates solely as a provider of software and technology infrastructure, and does not act as a buyer, seller, broker, agent, distributor, or party to any transaction between users, unless explicitly stated otherwise in writing.

FOR ALL USERS AND BRANDS

All users and brands on the Platform operate as independent entities and are not affiliated with, nor do they serve as employees, agents, or representatives of the Company. The role of the Platform is strictly confined to facilitating workflows, communication, and documentation related to transactions.

Each user is solely responsible for:

  • The accuracy and completeness of information submitted
  • The commercial terms agreed upon with other users
  • Compliance with all applicable laws, regulations, and industry standards

The Company does not guarantee the quality, legality, performance, delivery, pricing, or suitability of any goods or services offered through the Platform.

Should you find any transaction or interaction unsuitable, you retain full discretion to discontinue engagement and transact with alternative parties.

AI FEATURES AND AUTOMATED PROCESSING

The Platform may utilize artificial intelligence, machine learning, or automated systems to extract, structure, analyze, or generate data, documents, recommendations, or workflows.

You acknowledge, agree, and understand that:

  • AI-generated outputs may contain inaccuracies, omissions, or errors
  • Such outputs are provided for informational and operational assistance only
  • You are solely responsible for reviewing, validating, and approving all outputs prior to reliance or execution

The Company does not warrant the accuracy, completeness, or reliability of AI-generated results and shall not be liable for any decisions, actions, or outcomes arising from reliance on such outputs.

PAYMENTS AND FINANCIAL SERVICES

The Platform may facilitate payment-related functionalities through integrations with third-party payment processors, financial institutions, or service providers, including but not limited to Stripe (collectively referred to as “Payment Providers”).

The Company does not:

  • Act as a bank, financial institution, or money transmitter
  • Hold or custody funds, unless explicitly stated
  • Guarantee the success, timing, or security of any transaction

All payment transactions are subject to the terms, conditions, and policies of the applicable Payment Provider, and you agree to comply with such terms.

LIMITATION OF LIABILITY AND DISCLAIMER

While we endeavor that the Services provided through our Platform prove advantageous to your business operations, it is incumbent upon you to acknowledge and agree that they may not invariably represent the optimal solution for all use cases.

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE PLATFORM AND SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR ACCURACY.

YOU UNDERSTAND, AGREE, AND ACKNOWLEDGE THAT THE COMPANY SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF DATA, LOSS OF BUSINESS, OR INTERRUPTION OF OPERATIONS.

YOU FURTHER AGREE THAT THE COMPANY’S TOTAL AGGREGATE LIABILITY SHALL NOT EXCEED THE TOTAL AMOUNT PAID BY YOU TO THE COMPANY IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

PRIVACY AND SECURITY

Ensuring the protection and security of any information you disclose through the Platform is of paramount importance to us. Details regarding our security measures and privacy practices are outlined in our Privacy Policy.

BY USING THE PLATFORM, YOU EXPRESSLY CONSENT TO THE COLLECTION, USE, AND PROCESSING OF YOUR DATA AS DESCRIBED IN THE PRIVACY POLICY, WHICH IS INCORPORATED HEREIN BY REFERENCE.

INTELLECTUAL PROPERTY

The Platform and all associated intellectual property rights are owned by the Company, its licensors, or content providers.

This Agreement does not transfer any ownership rights to you. Subject to your compliance with these Terms, you are granted a limited, non-exclusive, non-transferable, and revocable license to access and use the Platform solely for your business purposes.

THIRD-PARTY CONTENT

The Platform may include content, integrations, or links to third-party services. The Company does not control or endorse such third-party content and shall not be responsible for any damages or losses arising from its use.

ARBITRATION

This section shall be referred to as the “Arbitration Agreement.”

Any dispute, claim, or controversy arising out of or relating to this Agreement or the use of the Platform shall be resolved through final and binding arbitration administered by the American Arbitration Association (AAA), in accordance with its applicable rules.

The arbitration shall be conducted in English and may be conducted remotely or in a mutually agreed location within the United States.

YOU AND THE COMPANY HEREBY WAIVE ANY RIGHT TO A TRIAL BY JURY AND ANY RIGHT TO PARTICIPATE IN A CLASS ACTION OR REPRESENTATIVE PROCEEDING.

SUBSCRIPTION

We may offer subscription-based access to certain features of the Platform.

Subscriptions:

  • Renew automatically unless canceled prior to the renewal date
  • Are billed on a recurring basis
  • May be modified in pricing with prior notice

You are responsible for all charges incurred under your account.

ACCOUNT, REPRESENTATIONS, AND CONDUCT

You represent and warrant that:

  • You have the legal authority to enter into this Agreement
  • All information provided is accurate and complete
  • You will maintain the confidentiality of your account credentials

You agree not to:

  • Use the Platform for unlawful purposes
  • Interfere with system operations
  • Upload malicious or harmful content
  • Misrepresent transactions or data

You shall indemnify and hold the Company harmless from any claims arising from your use of the Platform.

MODIFICATIONS AND TERMINATION

The Company reserves the right to modify, suspend, or terminate the Platform or your access at any time, with or without notice.

EXPORT CONTROLS AND SANCTIONS

You agree to comply with all applicable export control laws and regulations, including those of the United States, and confirm that you are not located in a sanctioned jurisdiction or listed on any restricted party list.

NOTICES

We may provide notices via email, platform notifications, or other reasonable means. You are responsible for maintaining accurate contact information.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, United States, without regard to conflict of law principles.

GENERAL PROVISIONS

This Agreement constitutes the entire agreement between you and the Company.

If any provision is deemed invalid or unenforceable, the remaining provisions shall remain in full force and effect.

The Company may assign or transfer this Agreement without restriction.

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