Terms of Service

Last Updated: March 11, 2026
Effective Date: March 14, 2026

These Terms of Service ("Terms") constitute a legally binding agreement between LMTY, Inc. ("LMTY," "we," "us," or "our") and you or the entity you represent ("Customer," "you," or "your") governing access to and use of LMTY's competitive intelligence platform and related services (collectively, the "Service").

By accessing or using the Service, clicking "I agree," completing the registration process, or otherwise indicating your acceptance, you agree to be bound by these Terms. If you are accepting on behalf of a company or other legal entity, you represent that you have the authority to bind that entity to these Terms.

If you do not agree to these Terms, do not access or use the Service.

1. Definitions

  • "Account" means a registered account enabling access to the Service.
  • "Authorized User" means an individual permitted by Customer to access the Service under Customer's Account.
  • "Customer Data" means any data, content, or information submitted to the Service by Customer or its Authorized Users, including competitive intelligence inputs, company and product information, and any other content.
  • "Documentation" means any technical or operational materials made available by LMTY describing the Service.
  • "Early Access" means the pre-general-availability phase of the Service during which LMTY makes the Service available to a limited set of Customers for testing and feedback.
  • "Output" means reports, summaries, analyses, or other content generated by the Service based on Customer Data or third-party data sources.
  • "Service" means LMTY's competitive intelligence workspace platform, including all features, AI-powered functionality, integrations, and related tools.

2. The Service

2.1 Service Description

LMTY provides a competitive intelligence workspace that helps business teams aggregate, analyze, and act on information about competitors and market dynamics. The Service uses artificial intelligence and automated processes to surface, synthesize, and present competitive intelligence relevant to Customer's products and market.

2.2 Early Access

During the Early Access phase:

  • The Service is provided for evaluation and feedback purposes.
  • Features, functionality, and pricing are subject to change without notice.
  • LMTY makes no guarantee of continued availability or feature parity after Early Access.
  • Service Level Agreement (SLA) commitments do not apply during Early Access unless separately agreed in writing.

2.3 Modifications

LMTY may modify, update, or discontinue any part of the Service at any time. LMTY will use reasonable efforts to notify Customers of material changes with at least 30 days' notice where practicable.

3. Account Registration

3.1 Eligibility

The Service is intended for business use only. By registering, you represent that:

  • You are at least 18 years of age.
  • You are acting on behalf of a business entity, not as a consumer.
  • You have authority to bind the entity to these Terms if registering on its behalf.
  • Your use will comply with all applicable laws and regulations.

3.2 Account Security

You are responsible for:

  • Maintaining the confidentiality of your login credentials.
  • All activity that occurs under your Account.
  • Notifying LMTY immediately at contact@lmty.com of any unauthorized access or breach.

LMTY uses one-time password (OTP) authentication via work email. You are responsible for ensuring your email account remains secure.

3.3 Accurate Information

You agree to provide accurate, current, and complete information during registration and to keep this information updated.

4. Authorized Use

4.1 License

Subject to these Terms and timely payment of any applicable fees, LMTY grants you a limited, non-exclusive, non-transferable, non-sublicensable license to access and use the Service during the applicable subscription term solely for your internal business purposes.

4.2 Acceptable Use

You agree not to, and will not permit Authorized Users to:

  • Use the Service for any unlawful purpose or in violation of any applicable laws or regulations.
  • Infringe, misappropriate, or violate any intellectual property or privacy rights of any third party.
  • Upload, transmit, or store content that is defamatory, obscene, or otherwise objectionable.
  • Use the Service to conduct market research for resale or redistribution to third parties without LMTY's prior written consent.
  • Attempt to reverse engineer, disassemble, decompile, or otherwise derive the source code of the Service.
  • Use automated means (bots, scrapers, crawlers) to access the Service except as expressly permitted by LMTY.
  • Introduce malware, viruses, or malicious code into the Service.
  • Interfere with or disrupt the integrity or performance of the Service or its underlying infrastructure.
  • Attempt to gain unauthorized access to the Service or its related systems.
  • Use the Service to build a competing product or service.
  • Share, sell, or transfer your Account credentials to any third party.

4.3 Usage Limits

LMTY may impose usage limits (e.g., number of reports, AI queries, data ingestion volume) as communicated in your plan or Documentation. Exceeding limits may result in throttling, overage charges, or suspension.

5. Customer Data

5.1 Ownership

You retain all ownership rights in Customer Data. LMTY does not claim ownership of Customer Data.

5.2 License to LMTY

You grant LMTY a limited, non-exclusive license to access, process, store, and use Customer Data solely to:

  • Provide and operate the Service.
  • Improve and develop the Service (on an aggregated, de-identified basis only, unless you opt out as described in the Privacy Policy).
  • Comply with legal obligations.

5.3 Responsibility for Customer Data

You are solely responsible for the accuracy, quality, legality, and appropriateness of Customer Data. You represent and warrant that:

  • You have all rights, consents, and permissions necessary to submit Customer Data to the Service.
  • Customer Data does not violate any third-party intellectual property, privacy, or contractual rights.
  • Customer Data does not include personal data of individuals without appropriate consent or legal basis.

5.4 Data Deletion

Upon termination of your Account, LMTY will delete or anonymize Customer Data within 90 days, unless legally required to retain it. You may request earlier deletion by contacting contact@lmty.com.

6. AI Features and Third-Party Data

6.1 AI-Powered Processing

The Service uses large language models (LLMs) and other AI/ML systems to generate Output. You acknowledge that:

  • AI-generated Output may be inaccurate, incomplete, or not suitable for your specific purposes.
  • Output does not constitute legal, financial, strategic, or professional advice.
  • You are solely responsible for evaluating and acting on any Output.

6.2 Third-Party Data Sources

The Service may aggregate publicly available information from third-party sources to generate competitive intelligence. LMTY does not guarantee the accuracy or completeness of such information. LMTY is not responsible for errors in third-party data.

6.3 No Reliance

You agree not to rely solely on Output for material business decisions without independent verification.

7. Intellectual Property

7.1 LMTY IP

LMTY and its licensors retain all right, title, and interest in and to the Service, including all software, algorithms, models, interfaces, documentation, branding, and any modifications or improvements thereto. These Terms do not transfer any LMTY intellectual property rights to you.

7.2 Feedback

If you provide suggestions, ideas, or feedback regarding the Service ("Feedback"), you grant LMTY a perpetual, irrevocable, royalty-free license to use and incorporate such Feedback into the Service or other products without any obligation to you.

7.3 Output Ownership

Subject to these Terms, Output generated from your Customer Data is owned by you. LMTY retains the right to use anonymized and aggregated Output data to improve its AI systems.

8. Confidentiality

8.1 Obligations

Each party agrees to keep confidential any non-public information of the other party that is designated as confidential or that reasonably should be understood to be confidential given the context ("Confidential Information"). Each party agrees to:

  • Use Confidential Information only as necessary to fulfill its obligations or exercise rights under these Terms.
  • Not disclose Confidential Information to third parties without the disclosing party's prior written consent.
  • Protect Confidential Information with at least the same degree of care used for its own confidential information, but no less than reasonable care.

8.2 Exceptions

Confidentiality obligations do not apply to information that:

  • Is or becomes publicly available without breach of these Terms.
  • Was already known to the receiving party without restriction.
  • Was independently developed by the receiving party.
  • Is disclosed pursuant to applicable law or court order (with notice to the disclosing party where permitted).

8.3 Customer Data

LMTY treats Customer Data as your Confidential Information and will not disclose it except as permitted under these Terms or the Privacy Policy.

9. Fees and Payment

9.1 Early Access Pricing

During Early Access, the Service is provided at no charge or at such pricing as separately communicated to you. LMTY may introduce paid plans at the conclusion of Early Access.

9.2 Future Subscription Fees

When paid plans are introduced:

  • Fees will be billed in advance on the applicable billing cycle (monthly or annual).
  • All fees are non-refundable except as required by law or expressly stated otherwise.
  • LMTY reserves the right to change pricing with 30 days' notice.

9.3 Taxes

You are responsible for all applicable taxes, levies, or duties imposed by any taxing authority on your use of the Service, excluding taxes on LMTY's net income.

9.4 Late Payment

Overdue amounts accrue interest at 1.5% per month (or the maximum permitted by law, if lower). LMTY may suspend access for accounts more than 30 days past due.

10. Term and Termination

10.1 Term

These Terms commence on the date you first access the Service and continue until terminated.

10.2 Termination by You

You may terminate your Account at any time by contacting support@lmty.com or using account deletion features within the Service.

10.3 Termination by LMTY

LMTY may suspend or terminate your Account immediately if:

  • You materially breach these Terms and fail to cure within 10 days of notice.
  • You use the Service in a manner that poses a security risk or legal liability to LMTY.
  • LMTY is required to do so by law.
  • LMTY discontinues the Service (with 30 days' notice where practicable).

10.4 Effect of Termination

Upon termination:

  • Your license to use the Service immediately terminates.
  • You must cease all use of the Service.
  • Outstanding fees become immediately due.
  • Sections 5.4, 7, 8, 11, 12, 13, 14, and 15 survive termination.

11. Representations and Warranties

11.1 Mutual Representations

Each party represents and warrants that:

  • It has the legal right and authority to enter into these Terms.
  • Its performance will comply with applicable laws and regulations.

11.2 LMTY Warranties

LMTY warrants that:

  • It will use commercially reasonable efforts to make the Service available, subject to planned downtime and circumstances beyond LMTY's control.
  • It will implement commercially reasonable security measures to protect Customer Data.

11.3 Disclaimer

EXCEPT AS EXPRESSLY SET FORTH IN SECTION 11.2, THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE." LMTY DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND ANY WARRANTY ARISING FROM COURSE OF DEALING OR USAGE OF TRADE. LMTY DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE FROM HARMFUL COMPONENTS.

12. Limitation of Liability

12.1 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, LMTY AND ITS AFFILIATES, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, AND SERVICE PROVIDERS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR BUSINESS OPPORTUNITY, ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR THE SERVICE, EVEN IF LMTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

12.2 LMTY'S TOTAL CUMULATIVE LIABILITY ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR THE SERVICE WILL NOT EXCEED THE GREATER OF (A) THE AMOUNTS PAID BY YOU TO LMTY IN THE 12 MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED DOLLARS ($100).

12.3 THE LIMITATIONS IN THIS SECTION APPLY REGARDLESS OF THE THEORY OF LIABILITY (CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE) AND WILL SURVIVE AND APPLY EVEN IF ANY LIMITED REMEDY FAILS OF ITS ESSENTIAL PURPOSE.

12.4 Some jurisdictions do not allow limitation of certain liabilities, so some of the above may not apply to you.

13. Indemnification

You agree to indemnify, defend, and hold harmless LMTY, its affiliates, officers, directors, employees, agents, and licensors from and against any claims, liabilities, damages, judgments, awards, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to:

  • Your violation of these Terms.
  • Customer Data (including any claim that Customer Data infringes any third-party right).
  • Your use of the Service in violation of applicable law.
  • Your negligence or willful misconduct.

14. Governing Law and Disputes

14.1 Governing Law

These Terms are governed by the laws of the State of Delaware, United States, without regard to its conflict of law provisions.

14.2 Dispute Resolution

The parties will attempt to resolve any dispute through good-faith negotiation. If unresolved within 30 days, disputes will be submitted to binding arbitration under the American Arbitration Association's Commercial Arbitration Rules, conducted in San Francisco, California. The arbitration will be conducted in English. Judgment on the award may be entered in any court of competent jurisdiction.

14.3 Class Action Waiver

YOU AND LMTY AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.

14.4 Exceptions

Notwithstanding the above, either party may seek injunctive or other equitable relief from any court of competent jurisdiction for actual or threatened breach of confidentiality obligations or intellectual property rights.

15. General Provisions

15.1 Entire Agreement

These Terms, together with the Privacy Policy and any Order Forms or addenda, constitute the entire agreement between the parties regarding the Service and supersede all prior agreements, representations, and understandings.

15.2 Amendments

LMTY may update these Terms from time to time. We will provide notice of material changes via email or a notice within the Service at least 30 days before the effective date. Continued use of the Service after the effective date constitutes acceptance of the updated Terms.

15.3 Assignment

You may not assign these Terms or any rights hereunder without LMTY's prior written consent. LMTY may assign these Terms in connection with a merger, acquisition, or sale of all or substantially all of its assets. Any assignment in violation of this section is void.

15.4 Severability

If any provision of these Terms is held invalid or unenforceable, it will be modified to the minimum extent necessary to make it enforceable, and the remaining provisions will remain in full force.

15.5 No Waiver

Failure by either party to enforce any right under these Terms will not constitute a waiver of future enforcement.

15.6 Force Majeure

Neither party will be liable for any delay or failure to perform due to causes beyond its reasonable control, including natural disasters, government actions, cyberattacks, or infrastructure failures.

15.7 Notices

Notices to LMTY must be sent to legal@lmty.com. Notices to you will be sent to the email address associated with your Account.

15.8 Export Controls

You agree to comply with all applicable U.S. and international export control laws. You represent that you are not located in, or a national of, any country subject to U.S. government embargo or designated as supporting terrorism.

15.9 U.S. Government Users

If you are a U.S. government entity, the Service is provided as a "commercial item" as defined in 48 C.F.R. § 2.101.

Contact

LMTY, Inc.
Email: legal@lmty.com
Website: https://lmty.com