Privacy Policy

Effective Date: [Insert Date]

1. Introduction

COCRAFT is committed to protecting your privacy and ensuring the security of your personal data. This Privacy Policy explains how we collect, use, store, and protect the information you provide through our application. By using our application, you agree to the collection and use of information in accordance with this policy.

2. Information We Collect

  • In-App Information:

    • User Account Data: Information such as name, email address, and other contact details.

    • Payment Data: Information related to your payment methods and transactions.

    • Business Idea and Concept Data: Details about your business ideas and concepts that you input into the application.

  • Out-of-App Information:

    • Cookies: Data collected through cookies and similar tracking technologies.

3. Methods of Collection

We collect data through:

  • User Submissions: Information you provide directly through the application.

  • Cookies: Data collected automatically through tracking technologies.

  • User Data Intake: Information gathered during the registration and use of the application.

4. Use of Information

The information we collect is used to:

  • Empower the AI co-founder chat function to provide better advice and assistance.

  • Enhance prompts and functionalities to help you get better answers.

  • Personalize your experience to make it more engaging and relevant.

  • Communicate with you in a personalized manner.

5. Data Storage and Security

Your data is stored securely in our database and is inaccessible to anyone outside the COCRAFT team. We use the following third-party storage solutions:

  • Amazon Web Services (AWS)

    • AWS RDS (Relational Database Service): This service provides us with a secure and scalable relational database solution for storing your data.

    • AWS S3 (Simple Storage Service): We use S3 to store files and other data securely in the cloud.

6. Use of Cookies

We use cookies to enhance your experience on our app and landing page. Here is how we use them:

  • Authentication: We use cookies to verify your identity when you log in to our app, ensuring that only authorized users have access to their accounts.

  • Analytics: To understand how our users interact with our app and improve our services, we use:

    • PostHog: An analytics platform that helps us track user behavior and analyze app usage patterns.

  • Error Tracking: To maintain a smooth user experience, we use:

    • Sentry: A tool that monitors and fixes errors in real time, helping us to identify and address any issues promptly.

7. Third-Party Services

We use the Large Language Model (LLM) from OpenAI and may use other LLMs from different providers for specific use cases to improve user experience. We comply with the regulations of these third-party providers. Refer to the privacy policy of OpenAI for details on their data handling practices.

8. Business Ideas and Specifications

COCRAFT does not and will never own or have the right to use any of the content provided by the user. We can only use the content if the user has explicitly opted in for a reward, where the reward has been explained extensively. Examples include our investor intro or the first pitch podcast. Users will be provided with detailed information about the opt-in feature before their content is used.

9. User Rights

You have the right to retrieve, delete, or adjust your data at any time. To exercise these rights, please send a request to legal@cocraft.app.

10. Compliance with GDPR

We comply with the General Data Protection Regulation (GDPR) to ensure your data is protected. This includes obtaining your consent for data collection, allowing you to access and manage your data, and ensuring secure data storage.

11. Data Retention Policy

We retain your data only as long as necessary to fulfill the purposes outlined in this Privacy Policy. Data that is no longer required will be deleted or anonymized.

12. Children's Privacy

Our services are not intended for children under the age of 13. We do not knowingly collect personal data from children. If we become aware that a child under 13 has provided us with personal data, we will take steps to delete such information.

13. International Data Transfers

Your data may be transferred to and processed in countries other than your own. We ensure that international data transfers comply with applicable data protection laws and that appropriate safeguards are in place.

14. Legal Basis for Processing Data (GDPR Compliance)

We process your personal data based on the following legal grounds:

  • Your consent, which you can withdraw at any time.

  • The necessity to perform a contract with you.

  • Our legitimate interests, provided they do not override your rights and interests.

  • Compliance with legal obligations.

15. Changes to This Privacy Policy

We may update our Privacy Policy from time to time. Any changes will be communicated to you through the application or via email. Your continued use of COCRAFT after the changes become effective constitutes your acceptance of the new terms.

16. Contact Information

If you have any questions about this Privacy Policy or your data, please contact us at legal@cocraft.app.

COCRAFT

Mindmapp B.V.

Groote Peel 85, 1112 KE, Diemen

legal@cocraft.app

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