Terms of Service

Version 1.0Last updated July 29, 2026Society Venture Investments, LLC

SECTION A — GENERAL TERMS

Introduction and Overview

Thank you for choosing HRC Ledger. We provide a mobile application and related services (together, the "Service") that act as an advisory financial planning assistant for self-employed people and their households. The Service connects — read-only — to financial accounts you choose to link, builds a model of your financial position, projects your cash flow forward, and produces guidance: a recommended spending and owner's-pay plan, warnings about shortfalls before they happen, estimated tax set-asides, and answers to questions you ask about your own finances.

The Service is operated by Society Venture Investments, LLC, a limited liability company organized under the laws of the Commonwealth of Virginia ("HRC Ledger," "we," "us," or the "Company"). We operate the Service under the name HRC Ledger.

When you use the Service, you enter into a binding contract with us. Each section below begins with an italicized annotation meant to help you navigate this agreement. The annotations are summaries and are not themselves the agreement — please read each section in full. We have bolded the places that affect important legal rights.

If you are an individual acting on behalf of a company or entity you own or control, you accept these terms on its behalf, and "you" refers to you and that entity.

Not every feature described here is available yet. This Agreement describes the Service as we have built it, including capabilities we have not switched on for everyone — for example, connecting accounting software, text-message delivery, and paid plans. A description in this Agreement is not a promise that a feature is currently available to you, and features may change or be withdrawn.

Agreement to These Terms

You need to agree to these terms to use the Service. Using the Service is not consent to marketing, to data sharing, or to a credit pull — because we do not do those things.

To access or use the Service, you acknowledge and agree:

To the terms and conditions of this agreement (this "Agreement"), which includes:
These Section A terms and the Section B terms below;
Our Privacy Policy; and
Any additional terms presented to you for a specific feature ("Additional Terms").
You are at least 18 years of age. The Service is not offered to anyone under 18.
You are capable of forming a binding contract with us; and
You are not barred from using the Service under the laws of the United States or any other applicable jurisdiction.

We do not obtain your credit report or credit score, and nothing in this Agreement authorizes us to. We are not a consumer reporting agency and we have no relationship with any credit bureau. Accepting this Agreement is not an instruction to share your data across affiliated companies for marketing or eligibility purposes.

Where the Service is offered. The Service is offered only to residents of the United States, for use in the United States. We make no representation that it is appropriate or available elsewhere. If you access it from outside the United States, you do so on your own initiative and are responsible for compliance with local law.

Order of precedence. If these documents conflict: Apple's Standard EULA governs solely as to your licence to use the application on Apple devices; then any Additional Terms for the feature at issue; then Section B; then Section A; then the Privacy Policy, which governs how we handle personal information — except that the commitments in "Your Personal Information, and Other People's" and "Your Content and Data" control over any less protective term in the Privacy Policy. This order of precedence survives termination of this Agreement.

What HRC Ledger Is — and What It Is Not

This is the most important section in this agreement. We give advice. We never move your money. We are not your accountant, adviser, lender, or fiduciary. Read this before anything else.

HRC Ledger is strictly advisory. We never move, hold, custody, or transmit your money. Specifically, the Service does not and will not:

initiate, authorize, schedule, or execute any payment, transfer, balance transfer, deposit, withdrawal, or trade;
make any change to any account you hold at any financial institution;
hold your payment credentials or your online banking password — we neither have them nor need them;
issue cards, hold funds, or act as a bank, money transmitter, or payment processor;
prepare, file, or pay your taxes;
issue invoices, run payroll, or execute owner distributions on your behalf;
act as your agent with any financial institution for any purpose other than retrieving read-only account data.

Every recommendation the Service produces is guidance for you to act on — or not — outside the Service. A human always executes. We only advise. If the Service tells you to pay a bill, reserve for taxes, move funds between your own accounts, or pay yourself a certain amount, you decide whether to do it and you carry it out.

We also want to be clear about what we are not:

We are not a registered investment adviser, broker-dealer, or financial planner. Nothing the Service produces is a recommendation to buy, sell, or hold any security, and the Service does not evaluate, rank, or select investments. Where it mentions a tax-advantaged account, it is describing that account's tax treatment and contribution limits — not what to hold in it or what return to expect.
We are not a tax advisor, accountant, CPA, enrolled agent, or tax preparation service. The Service does not model state or local tax. If you owe state or local tax, a tax reserve produced by the Service will be too low — see Section B2.
We are not an attorney or law firm, and nothing here is legal advice.
We are not a lender, mortgage broker, or loan originator.
We are not a consumer reporting agency, credit repair organization, credit counseling agency, debt adjuster, or debt-management plan.
We are not a bookkeeping, payroll, invoicing, or tax-filing service.
We are not your fiduciary. Using the Service does not create a fiduciary, agency, professional advisory, accountant-client, or attorney-client relationship. Descriptions of the Service as a "digital CFO" or similar are descriptions of the product's purpose, not a professional engagement or a standard of care.

You should consult a qualified professional — a CPA, tax advisor, attorney, or licensed financial professional — before making significant financial decisions.

Your Personal Information, and Other People's

We explain how we handle personal information in our Privacy Policy. If you enter information about other people, you are promising us you are allowed to — and you take on liability if you were not.

We use and maintain your personal information in accordance with our Privacy Policy, which is part of this Agreement.

As of the Last Updated date above, we do not sell or rent your personal or financial information, we do not share it with affiliated companies for their own marketing, we do not run advertising against it, and we do not operate a lead-generation business.

Information about other people. The Service is designed to model a household, which means you may enter information about people other than yourself — a spouse or partner, children, or others in your household — including their names, dates of birth, photographs, phone numbers, relationships, income attribution, and financial arrangements between household members. Many of these people will never create an account and will never see the Service.

By entering information about another person, you represent and warrant that:

you have the authority and that person's permission to provide their information to us and to allow us to process it as described in our Privacy Policy;
if that person is a minor, you are their parent or legal guardian, and you consent on their behalf; and
you have the authority and express permission described in "Messages and Notifications" for any phone number you add.

You are responsible for these representations, and you agree to indemnify us for third-party claims arising from information about another person that you provided without the necessary authority or consent (see "Indemnity Obligations").

Minors. Our terms do not permit a person under 18 to be an operator of a household, and we will close any account we learn belongs to one. A minor may be modelled as a household member — a data subject whose information an adult operator enters — but receives no account. You may not enrol a phone number belonging to a person under 18 to receive messages from the Service, and you represent that no number you add belongs to a minor.

If you are a member of a household and not an operator. You can exercise the rights available to you under applicable privacy law — including to access, correct, or delete your personal information — regardless of whether you have an account — by contacting us at contact@societyvc.com. We will verify your identity and honor those requests as the law requires. Nothing in this Agreement, and no instruction from an operator, overrides those rights.

Changes

We will update this Agreement. Material changes get 30 days' notice, and the ones that reduce your rights need your acceptance. No change applies backwards.

We may modify this Agreement. We will post the updated Agreement with a new "Last Updated" date. If a change is material, we will notify you in the Service and at the email address associated with your account at least thirty (30) days before it takes effect. For changes that materially reduce your rights or increase your obligations, we will ask you to accept the change. If you do not accept, and you have already paid for a subscription period, you may continue under the prior terms until the end of that period — or you may close your account at any time. For all other changes, your continued use after the effective date means you accept them. No change applies retroactively to a dispute that arose before its effective date.

We may also update, suspend, or discontinue the Service or any feature. If we discontinue the Service entirely, we will give you reasonable advance notice and, on request, provide you a copy of your data before access ends. We currently fulfil such requests manually — contact contact@societyvc.com. Except for that commitment, you agree we are not liable for modifying, suspending, or discontinuing the Service.

Your Rights to Use the Service

Use it for your own household and your own business. Don't resell it. We can revoke this licence.

Subject to this Agreement, we grant you a personal, limited, non-exclusive, non-transferable, revocable right to use the Service for your own lawful purposes — including managing the finances of a business you own or control. You may not resell, sublicense, or provide access to the Service to others, or use its output to provide a financial advisory service to third parties.

Beta and Early-Access Features

Some features are new or incomplete. Those are provided as-is, with no warranty.

We may make pre-release, beta, or early-access features available. These are provided "as-is," may be incomplete or inaccurate, may change or be withdrawn at any time, and carry no warranty of any kind.

Account and Authentication

Keep your account secure. We never see your password.

You need an account to use the Service. Authentication is handled by a third-party identity provider, and we do not create, see, or store your password. If you sign in with Apple or Google, your relationship with that provider governs that sign-in. When you invite or remove another operator, we create or revoke a corresponding invitation or membership with that identity provider on your behalf.

You agree to provide accurate, current account information and keep it up to date. You are responsible for the security of your account and the device you use to access it. Notify us immediately at contact@societyvc.com if you believe your account has been accessed without your permission. We disclaim liability arising from your failure to provide accurate information or to secure your account.

Households, Operators, and Members

A household can have more than one adult in charge. Every operator, at either level, can see all of the household's finances — the levels differ only in what they can change. A head of household can also change anything and remove you, and removing you does not take your data out of the household.

The Service organizes your data into a household. Two kinds of people relate to a household:

Operators authenticate and access the household. Operators come at two levels, chosen by whoever invites them:
a head of household (co-head) has full authority: they can see all of the household's data, change its financial model, connect and disconnect accounts, set other members' contact preferences, and remove any other operator — including a co-head who purchased the subscription. Co-heads hold equal authority among themselves; there is no owner account.
an operator with limited authority can see all of the same household data but cannot change how the household is set up: they cannot add or remove members, change financial scopes, connect or disconnect accounts, or invite or remove operators. "Limited" describes what they can change, not what they can see.
Members are the people a household models. A member who is not an operator has no login. They cannot access, correct, or delete their own information through the Service — but they retain the statutory rights described under "Your Personal Information, and Other People's," which we honor directly.

Both operator levels can see the household's financial information — including its balance sheet, net worth, forecasts, accounts, transactions, and full member roster. If you do not want someone to see your household's finances, do not invite them as an operator at any level.

Each operator must individually accept this Agreement.

Invitations default to the limited level. If you intend to give someone authority to change your household's setup, you must select the head-of-household level when you invite them. Either level sees your finances.

Before adding any operator, understand:

They can see all of the household's data, including financial information about every member.
A head of household can also act for the household, including changing its financial model and connecting or disconnecting accounts.
A head of household can remove you, even if you created the household or bought the subscription.
A paid subscription belongs to the household, not to the individual who bought it.

Responsibility. Heads of household are jointly and severally responsible for the household's use of the Service. An operator with limited authority is responsible only for their own use of the Service and their own representations under this Agreement — not for actions taken, or information entered, by another operator.

"Separate" finances are about grouping, not visibility. Marking a member's finances separate or partly joint changes how the Service totals and presents figures. It does not hide anything from any operator — every operator, at either level, can see every member's information.

What happens when an operator is removed. Removal takes effect immediately. The removed person loses access at once. Their information does not leave the household — the member record, financial scopes, accounts, and history associated with them remain part of the household's model and remain visible to the remaining operators. If you are removed and want a copy of your information, or want it deleted, contact contact@societyvc.com. Removal does not cancel a subscription: if you purchased one and are later removed, Apple will keep charging you until you cancel it in your Apple ID settings.

Whose instructions we follow. We may rely on the instructions of any head of household for ordinary operation of the Service. Before deleting an entire household account, we will notify the other operators at the contact details on file and wait seven (7) days, unless the requesting operator is the only one. Removal of an individual operator is not subject to that waiting period and takes effect immediately — if you need someone out of your household, you should not have to wait, and they should not be given notice. We do not adjudicate disputes between operators, and we will comply with an order of a court of competent jurisdiction. If you are the only operator and want out, contact us and we will close the household.

Paid Plans, Free Trial, and Cancellation

Apple charges you — not us; we never see your card; cancel through Apple. If a paid plan ends, business-book features and the data inside them are locked until you resubscribe — your data is kept, not deleted, and you can always request a copy.

The Service currently offers a base plan at no charge, and may offer a premium plan that unlocks additional features, including features related to a business you own.

All paid plans are sold exclusively through in-app purchase on the Apple App Store.

Apple is the merchant of record. Price, billing period, and renewal terms are disclosed to you by Apple at the point of purchase, in your local currency. We do not state a price in this Agreement.
We never receive, see, or store your payment card or bank details. Our systems store only whether a household's subscription is active and which product it corresponds to.
We use a third-party subscription-management provider (RevenueCat) to verify and record subscription status. It receives an identifier for your household and your subscription state — never your payment details.
Billing, renewal, price changes, cancellation, and refunds are handled by Apple under the Apple Media Services Terms and Conditions. We cannot cancel your subscription for you, and we cannot issue you a refund.
A paid subscription renews automatically until you cancel through Apple. Cancelling turns off auto-renewal; access normally continues to the end of the period you already paid for.
Deleting the app does not cancel a subscription and does not delete your data.

A paid subscription entitles the household, and therefore every operator of it — not only the purchaser. It is tied to the household and is not transferable by us.

Free trial. When you first tell the Service about a business you own, we grant your household a 30-day free trial of premium features. The trial is granted once per household and is never extended or repeated. It requires no payment method and does not convert into a paid subscription — when it ends, the household simply returns to the base plan. There is no negative option and nothing to cancel.

What happens if a paid plan ends. If it lapses, expires, or is refunded, we may restrict access to premium features — including your ability to read business-book data you previously entered or connected — until you resubscribe. Your personal and household data is unaffected. Your data is not deleted, and you may request a copy of it at any time, including after a lapse, at contact@societyvc.com. We will not withhold your own data from you because a subscription ended.

Mobile App Use and Apple Terms

The app is licensed, not sold. Apple has specific rights here that it can enforce against you.

The Service is provided as an iOS application. You are responsible for your device, your carrier plan, any data charges, and for complying with your agreements with your carrier and with Apple.

We grant you a limited, non-exclusive, non-transferable, revocable license to use the application on Apple-branded devices you own or control, subject to the Usage Rules in the Apple Media Services Terms and Conditions, and permitting access by other accounts associated with you through Family Sharing or volume purchasing where applicable. The application is licensed to you, not sold. To the extent this Agreement conflicts with Apple's Standard EULA, Apple's Standard EULA governs solely with respect to your license to use the application on Apple devices.

Note: an Apple Family Sharing member is not automatically an operator of your household. Household access is governed by "Households, Operators, and Members" above.

You and we acknowledge, for Apple's benefit:

This Agreement is between you and us, not with Apple. Apple is not responsible for the Service or its content.
We, not Apple, are solely responsible for the Service and for any maintenance and support. Apple has no obligation to provide any support.
We, not Apple, are responsible for addressing any claim that the Service fails to conform to a legal or regulatory requirement, is defective, or gives rise to product liability or consumer protection claims.
We, not Apple, are solely responsible for the investigation, defense, settlement, and discharge of any claim that the Service or your use of it infringes a third party's intellectual property rights.
In the event of any failure of the Service to conform to any applicable warranty, you may notify Apple, and Apple may refund the purchase price (if any). To the maximum extent permitted by law, Apple has no other warranty obligation whatsoever with respect to the Service, and any other claims, losses, liabilities, damages, costs, or expenses attributable to a failure to conform to any warranty are our sole responsibility.
You represent that you are not located in a country subject to a U.S. Government embargo or designated as "terrorist supporting," and are not on any U.S. Government prohibited-party list.
Apple and its subsidiaries are third-party beneficiaries of this Agreement and have the right to enforce it against you.

Questions, complaints, and claims about the Service should be directed to Society Venture Investments, LLC, 1100 15th St NW, Washington, DC 20005, contact@societyvc.com.

Connecting Your Financial Accounts

Connections are read-only and we never get your banking password. But disconnecting in the app does not revoke access at your bank — you have to do that too.

Every connection is read-only.

Bank and card accounts are connected through a third-party data provider (currently Plaid). Your online banking credentials go to that provider and your institution — never to us. We receive a scoped, revocable, read-only access token, which we store encrypted.
We request only transactions, balances, and liability terms such as interest rates, minimum payments, and due dates. We do not request, and cannot use, any product that would let us move money, initiate a payment, or verify account and routing numbers for payment.
Your use of a connected third party's own service is governed by that third party's terms and privacy policy.

Your authorization. By connecting an account, you:

represent that you own the account or are authorized to access it and to authorize us to retrieve its data;
appoint us as your limited agent for the sole and exclusive purpose of retrieving read-only information about that account on your behalf, and agree your institution may treat us as authorized to do so. This authority does not permit us to move money, and we act as your agent — never as an agent of your financial institution.

Accuracy. Data comes from your financial institutions and our data providers. We do not verify it, do not control it, and are not responsible for data that is inaccurate, incomplete, stale, delayed, duplicated, or unavailable — including when that makes the Service's guidance wrong. Every figure the Service produces inherits the quality of the underlying data.

Disconnecting. You can disconnect in the app at any time. When you do, we delete the transactions we ingested through it and the access token we held. Two things it does not do:

Figures already derived from that data are retained — plans, forecasts, and learned patterns remain in archived form so your history stays explainable. Ask us at contact@societyvc.com if you want those deleted too.
Disconnecting in the app does not revoke the authorization you gave at your financial institution or at our data provider. To fully terminate it, you must also revoke access directly with your institution and with the data provider.

Messages and Notifications

The Service texts you. Reply STOP any time — or tell us by any other means. You must have permission for every number you add, and you are liable if you don't.

Advisory notifications — the plans, warnings, and answers the Service produces — reach you by push notification, in-app message, and text message (SMS). Account and legal notices — changes to this Agreement, security notices, responses to a Notice of Dispute, and the Records described under "Electronic Communications and Consent" — reach you by email at the address associated with your account, or in the Service. Our identity provider also sends account email such as sign-in links and household invitations.

The consent rules below govern advisory notifications. We do not need your consent to send you account and legal notices, and you cannot opt out of them while you have an account.

Consent. We never assume consent. No channel is enabled by default, and consent must be granted explicitly before we send anything.

If you add a phone number for yourself or for any other household member, you represent and warrant that you are the subscriber or a customary user of that number, or that you have that person's express permission, and that the person consents to receive recurring automated messages from us at that number. You agree to indemnify us for any third-party claim — including under the Telephone Consumer Protection Act or similar law — arising from a number you provided without that authority or consent.

Consent to receive text messages is not a condition of purchasing or using the Service.

For text messages you enable:

Program description: recurring advisory financial messages — a weekly and daily spending plan, shortfall and deadline warnings, account-connection notices, and replies to questions you text. This is not a marketing program.
Message frequency varies and may include daily messages.
Message and data rates may apply. We are not responsible for carrier charges.
Reply STOP (or STOPALL, UNSUBSCRIBE, CANCEL, END, QUIT) to stop. You will receive one message confirming. Reply START to resume. Reply HELP for information.
Neither we nor any mobile carrier is liable for delayed or undelivered messages.
Terms: hrcledger.com/terms.html · Privacy: hrcledger.com/privacy.html.

Revoking consent. You or any recipient may withdraw consent by any reasonable means — replying STOP or any other message expressing an intent to stop, contacting us at contact@societyvc.com, or changing the setting in the app. We will honor a revocation within ten (10) business days, and in practice a STOP reply takes effect immediately. You can manage text-message and push settings for household members in the app.

Who receives what. If a household member has no contact channel of their own, a notice about them is delivered instead to the household's heads of household. Where the member does have a channel, the notice goes to them. Either way, a head of household can see the underlying information in the app — so if you are modelled in a household, assume its heads of household can learn what a notice about you says.

Content of messages. Messages may contain financial figures about your household. Text messages are not an encrypted channel and may be visible on a lock screen or to anyone with device access. We also store the full text of messages you exchange with the Service, including the figures in them, on our servers, so that you and your household have a transcript. Choose the channels and numbers you enable accordingly.

We do not send re-engagement prompts, streaks, or other messages designed to pull you back into the app.

Everything we send you, we send electronically. Here's your consent, and how to withdraw it.

You consent to receive all communications, agreements, notices, disclosures, and other records we provide in connection with the Service ("Records") electronically — by email to the address associated with your account, by notice in the Service, or by posting on our website. Your consent has the same legal effect as a handwritten signature and satisfies any requirement that a Record be in writing.

What you need. A device with internet access, a current web browser or the current version of our app, an email account, and the ability to view and save PDF files.

Keeping your address current. You must keep the email address associated with your account accurate. Notify us at contact@societyvc.com if it changes.

Paper copies and withdrawal. You may request a paper copy of any Record free of charge by writing to 1100 15th St NW, Washington, DC 20005. You may withdraw consent to electronic Records at any time by contacting contact@societyvc.com; because the Service is delivered entirely electronically, withdrawing consent means we will close your account. Withdrawal does not affect Records provided before it takes effect.

Your Content and Data

What's yours stays yours. Our licence is narrow — only what we need to run the Service for you — and a buyer of this company inherits those limits.

You are responsible for the information you provide or connect ("your Content"). You retain all rights you have in your Content.

You grant us a worldwide, non-exclusive, royalty-free license to host, store, reproduce, process, transmit, and display your Content, and to create derived figures from it, for the sole and limited purpose of operating, securing, and providing the Service to you and your household, and for the retention period described in our Privacy Policy. This license ends when your Content is deleted, except for copies in backups until they age out and records we must keep by law.

This license is deliberately narrow, and here is what it does not include. We do not take a license to publish your Content, to use it for marketing, to sell or rent it, to share it with affiliated companies for their own purposes, or to build and commercialize aggregated or de-identified datasets derived from your financial data. If we ever want to do any of those things, we will ask you separately.

As between you and us, we retain all rights in the Service itself.

How We Use Automated Systems and AI

Numbers are computed by deterministic software; a language model only writes the sentences around them. It can still be confidently wrong. Some of what you write is sent to a model provider, and model input/output may be recorded for monitoring.

Financial figures are computed by deterministic software, not by a language model. Every balance, forecast, budget, reserve, and recommendation is produced by our calculation engines from your data. Our architecture separates these layers so the language model cannot reach the calculation engine, and an automated check removes statements containing figures that do not trace to a computed result. These are engineering controls, not guarantees.
The language model's role is to explain, summarize, and phrase those results, and to interpret your questions.
Automated output can still be wrong. It may misunderstand your question, answer a question you did not ask, present a correct figure misleadingly, attach a wrong date, or omit context that matters. The Service can be confidently incorrect.
Do not rely on the Service as your sole basis for a financial, tax, or business decision.
Automated processing does not produce any decision about you that has a legal or similarly significant effect — we make no eligibility, credit, insurance, employment, or housing determination about you, and provide none to anyone else.
What is sent to a model provider. Where the Service uses a model running outside our own infrastructure, we send only the minimum context required, and we remove member names and direct identifiers from the information we assemble. That context does include financial figures — amounts, balances, dates. Text you write yourself is sent as you wrote it, so avoid putting names or account numbers in your messages if you would rather they not leave our systems.
Training. We will only use a model provider whose terms prohibit training on the data we send, and we do not opt in to any training or data-sharing program a provider offers. This is a commitment about how we contract, not a technical control over a third party's systems.
Service monitoring. To check the quality and safety of automated output, we may record the input and output of a model call with a third-party monitoring provider. These records can include the financial figures that appear in an answer, and in some configurations household member names. We do not send account numbers or access credentials, and we do not use this provider for advertising or for analytics about you. Our Privacy Policy identifies the processors we use.

Prohibited Uses

Obey the law, don't attack the Service, and never use it to make decisions about other people.

You may not use the Service to:

violate any law, regulation, or ordinance;
provide information about another person without the authority and consent described above;
make or inform any determination about another person's eligibility for credit, insurance, employment, housing, or any similar benefit — the Service is not a consumer report and may not be used as one;
provide financial advisory, tax, or accounting services to third parties using the Service's output;
transmit malware or interfere with the Service or its infrastructure;
attempt to reverse engineer, decompile, or disassemble any part of the Service, except where that restriction is prohibited by law;
use automated or programmatic means to access or query the Service or its assistant, other than through an interface we provide;
attempt to circumvent access controls, paid-plan gating, rate limits, or safety controls, or to induce the assistant to disregard its instructions;
access data belonging to another household; or
impersonate us or misrepresent your affiliation with us.

We may rate-limit, throttle, suspend, or terminate access for conduct we reasonably believe violates this section. We may disclose information where necessary to comply with law, enforce this Agreement, or protect users, the public, or us.

Feedback

Send us an idea and we can use it. Your personal details in a support message are not "feedback."

If you send us feedback, suggestions, or ideas, you grant us a perpetual, irrevocable, worldwide, royalty-free, sublicensable, transferable license to use them without obligation or compensation. This licence covers your ideas and suggestions only — it does not cover personal or financial information you include when describing a problem, which we handle under our Privacy Policy. Do not send us anything you consider confidential.

Termination

You can leave, but a sole operator currently has to ask us. Deleting the app is not the same as closing your account, and "delete" does not mean everything disappears instantly.

This Agreement remains in effect until terminated.

To close your account and delete your data, contact us at contact@societyvc.com. Deleting the app from your device does not close your account, does not cancel an Apple subscription, and does not delete your data. To cancel a subscription, use your Apple ID settings.

We may suspend or terminate your access, with notice where practicable, if you materially breach this Agreement, if we reasonably believe your use creates legal risk or harm to others, or if we discontinue the Service — in which case the advance-notice and data-copy commitment in "Changes" applies.

How deletion works. We want to be accurate rather than reassuring.

In ordinary use, household records are archived rather than destroyed. Removing a member, a scope, or a resource marks it archived and keeps it — this is what keeps past figures explainable. Removing something in the app is not erasure.
Erasure is a manual operation we perform, separate from ordinary archiving, and you have to ask us for it. We will complete it within thirty (30) days of verifying your request and tell you what we deleted and what we retained.
Some information survives deletion — in backups until they age out on their normal rotation cycle, and where we must keep records to comply with law, resolve a dispute, prevent fraud, or enforce our agreements. Anything retained on that basis is access-restricted and deleted once the reason lapses.
Disconnecting a financial account is not the same as deleting your data — see "Connecting Your Financial Accounts."

Effect of Termination

Upon termination, you must stop using the Service. Termination does not entitle you to a refund; any refund is a matter between you and Apple. Amounts already due remain due.

Survival

The following survive termination: "What HRC Ledger Is — and What It Is Not," "Your Personal Information, and Other People's," "Your Rights to Use the Service," "Electronic Communications and Consent," "Your Content and Data," "Prohibited Uses," "Feedback," "Effect of Termination," "Disclaimers," "Limitation of Liability," "Indemnity Obligations," "Disputes, Governing Law, and Venue," "General Terms," the Order of precedence paragraph in "Agreement to These Terms," the revocation duty in "Messages and Notifications," and Section B in its entirety.

Disclaimers

The Service is provided as-is. We do not guarantee its accuracy, its availability, or that it will improve your finances.

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTY OF ANY KIND. To the maximum extent permitted by law, we disclaim all implied warranties, including merchantability, fitness for a particular purpose, and non-infringement.

We do not warrant that:

the Service will be uninterrupted, timely, secure, or error-free;
any figure, projection, forecast, budget, reserve, estimate, or recommendation is accurate, complete, or suitable for your circumstances;
data from your financial institutions or data providers is accurate, complete, or current;
messages will be delivered on time or at all; or
using the Service will improve your financial position, prevent a shortfall, avoid a fee or penalty, produce any savings, or achieve any particular outcome.

Projections are estimates about the future derived from your own historical data. They will be wrong to some degree. Actual results will differ.

No method of transmitting or storing information is completely secure, and we cannot guarantee the security of information you provide.

Where implied warranties cannot be disclaimed, they are limited to the shortest period permitted by law. New Jersey residents: the exclusions and limitations in this section apply to you only to the extent permitted by New Jersey law.

Limitation of Liability

Our financial responsibility to you is capped. You decide whether to act on our guidance, and the consequences of that decision are yours.

For purposes of this Agreement, "HRC Ledger Parties" means the Company and its affiliates, and each of their respective officers, directors, employees, agents, licensors, suppliers, and service providers.

To the maximum extent permitted by law, the HRC Ledger Parties will not be liable for:

loss of profits, revenue, business, goodwill, data, or anticipated savings;
indirect, incidental, special, or consequential damages;
punitive or exemplary damages.

You decide, and you carry out, every action the Service suggests. We are therefore not responsible for a fee, penalty, interest, tax liability, overdraft, late charge, default, or credit consequence that results from your decision whether or not to act.

The HRC Ledger Parties' total aggregate liability arising out of or relating to this Agreement or the Service is limited to the greater of (a) the amounts you paid for the Service in the twelve (12) months before the event giving rise to the claim, or (b) five hundred U.S. dollars (US$500).

These limits apply even if a remedy fails of its essential purpose and even if we were advised of the possibility of the damages. Nothing in this Agreement limits liability that cannot lawfully be limited, including for fraud, gross negligence, willful misconduct, or any violation of law. New Jersey residents: the exclusions and limitations in this section apply to you only to the extent permitted by New Jersey law.

Indemnity Obligations

If a third party sues us because of something you did — especially entering someone else's data or phone number without permission — you cover us. Not for our own mistakes.

You will indemnify, defend, and hold harmless the HRC Ledger Parties from third-party claims, losses, damages, fines, penalties, costs, and expenses (including reasonable legal fees) arising out of:

your use of the Service in violation of this Agreement or applicable law;
information you provided about another person without the authority or consent required by this Agreement, including a minor;
any phone number you enrolled without the authority or consent required by this Agreement, including claims under the Telephone Consumer Protection Act or similar law; or
your representation that you own or are authorized to connect a financial account

— except to the extent the claim arises from our own negligence, willful misconduct, or breach of this Agreement.

We will notify you promptly of any such claim, and we may assume its defense and control with counsel of our choosing. We will not settle a claim in a way that imposes a non-monetary obligation on you, or that admits your fault, without your consent, which you will not unreasonably withhold.

Disputes, Governing Law, and Venue

We'd rather solve problems directly, and there's a required first step. If that fails, it goes to court — we are not forcing you into arbitration, and we are not taking away your right to a jury.

Notice of Dispute — a required first step. Before either of us starts a formal proceeding (other than an individual small claims action or a request for injunctive relief), the complaining party must send a written Notice of Dispute. Yours goes to Society Venture Investments, LLC, 1100 15th St NW, Washington, DC 20005 and contact@societyvc.com; ours goes to the email associated with your account. It must describe the nature and basis of the claim and the specific relief sought. Sending a complete Notice of Dispute and participating in good faith in a telephone or video conference within thirty (30) days is a condition precedent to filing suit. The statute of limitations and any filing deadlines are tolled while this process runs.

No arbitration requirement. This Agreement does not require you to arbitrate, and it does not waive your right to a jury trial or to participate in a class action. We have deliberately chosen not to impose mandatory arbitration.

Governing law. This Agreement and any dispute arising out of or relating to it are governed by the laws of the District of Columbia, without regard to conflict-of-laws rules, and by applicable U.S. federal law.

Venue. The courts located in the District of Columbia — the Superior Court of the District of Columbia and the United States District Court for the District of Columbia — have jurisdiction over any dispute, and each of us consents to personal jurisdiction there. We will bring any claim against you only in the courts where you reside. You may bring a claim either in the District of Columbia or in the courts where you reside, and either of us may bring an individual action in small claims court where you reside. Nothing prevents either party from seeking injunctive relief in any court of competent jurisdiction to protect intellectual property or confidential information.

Time limit for claims. To the maximum extent permitted by law, any claim arising out of or relating to this Agreement or the Service must be brought within one (1) year after the claim arises, or it is permanently barred. This does not apply where applicable law prohibits shortening the limitations period.

Nothing in this section deprives you of the protection of mandatory consumer-protection laws of the place where you live, or of your right to complain to a regulator.

General Terms

Export and sanctions. You represent that you are not located in an embargoed jurisdiction, are not on any U.S. Government restricted-party list, and will comply with applicable export control and sanctions laws.

Assignment. We may assign this Agreement in connection with a merger, acquisition, or sale of assets, or to an affiliate, with notice to you. Any successor is bound by the commitments in "Your Content and Data" and "Your Personal Information, and Other People's" with respect to information collected before the transfer — including that it will not be sold, rented, used for advertising, or used to train any model — unless you affirmatively consent to a change. You may not assign this Agreement or your account without our written consent; any attempt is void.

No third-party beneficiaries. This Agreement is between you and us. Except for Apple and its subsidiaries, which are third-party beneficiaries of this Agreement and may enforce it against you, this Agreement creates no rights in any third party, including any member of your household who is not a party to it. Nothing in this paragraph limits any right a person has under applicable privacy or consumer-protection law.

Waiver. Our failure to enforce a right is not a waiver of it. Any waiver must be in writing.

Severability. If a provision is held unenforceable, it is severed and the rest remains in effect.

Entire agreement. This Agreement, with the Privacy Policy and any Additional Terms, is the entire agreement between you and us regarding the Service.

Force majeure. Neither party is liable for delay or failure caused by events beyond its reasonable control.

Notices. We may give notice through the Service, by email to the address associated with your account, or by posting on our website. Notices to us go to 1100 15th St NW, Washington, DC 20005 and contact@societyvc.com.

Accessibility. We aim to make the Service usable with iOS accessibility features, including Dynamic Type and VoiceOver. If you encounter a barrier, contact contact@societyvc.com.

Notice to California residents. Under California Civil Code §1789.3, California users are entitled to the following notice: this Service is provided by Society Venture Investments, LLC, 1100 15th St NW, Washington, DC 20005. The base plan is provided at no charge; the price and billing period of any paid plan are disclosed by Apple at the point of purchase. To file a complaint or receive further information, contact us at contact@societyvc.com, or write the Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs, 1625 North Market Blvd., Suite N 112, Sacramento, CA 95834, or call (800) 952-5210.

Contact. Questions about the Service or this Agreement: contact@societyvc.com.

SECTION B — SERVICE-SPECIFIC TERMS

These apply to specific features. Where they conflict with Section A, these Section B terms control.

B1. General Advisory Disclaimer

Everything the Service produces — plans, projections, warnings, estimates, comparisons, explanations, and answers — is informational and educational guidance based on data you provided or connected. It is not investment advice, tax advice, legal advice, accounting advice, or a professional opinion.

The Service does not know everything about your finances. It knows only what you connect and what you tell it. Assets, debts, obligations, income, dependents, legal arrangements, and plans it does not know about are not reflected in any figure it produces.

B2. Tax Features

The Service estimates what to set aside for taxes using deliberately simplified assumptions. It is not a tax service, and it does not model state or local tax.

The Service may estimate a tax reserve, model the timing of tax-advantaged contributions or distributions, and show the four federal estimated-tax deadlines.

You must understand the following:

These are illustrative estimates, not tax advice, and not a tax return, a calculation of tax owed, or a filing. No accountant-client or tax-preparer relationship is created.
Estimates use simplified, default assumptions. The Service applies a single blended income-tax rate rather than tax brackets — by default an illustrative 12% effective income-tax rate for reserving, a standard 15.3% self-employment tax rate, and, where it values a pre-tax dollar, an illustrative 22% blended rate that bundles federal, state, and payroll tax into a single figure rather than modeling them separately. If your actual rates are higher — as they will be for many self-employed professionals — every figure derived from them will be wrong.
It does not model your filing status, tax brackets, the standard or itemized deduction, tax credits, the qualified business income (QBI) deduction, your entity election (including S-corporation status), or the Social Security wage base.
State and local taxes are not modeled. A state rate is available only as an optional flat rate you supply, and it defaults to zero; local and municipal taxes are not modeled at all. If you owe state or local tax, a reserve produced by the Service will be too low — in many cases substantially.
We do not file, pay, schedule, or remit any tax on your behalf, and we never will.
You are solely responsible for determining what you owe, for filing accurately and on time, for making payments, and for any interest, penalty, or underpayment charge. Deadline information is a convenience and may be incomplete or superseded.
Consult a qualified tax professional.

B3. Capability and Underwriting Readiness

We show how your finances compare to typical lending standards. That is not a loan, an approval, or a credit score — and it may not be used to judge anyone's eligibility for anything.

The Service may compare your household's profile — debt-to-income ratio, reserves, down-payment funds — against generalized, illustrative underwriting standards for products like a mortgage, an FHA loan, an SBA loan, commercial real estate financing, or a home equity line, and may estimate a "buying power" figure.

This is illustrative only, based on typical standards — not the criteria of any specific lender.
We are not a lender, mortgage broker, or loan originator. This is not an application, pre-qualification, pre-approval, commitment to lend, or guarantee that you will qualify. The Service provides no way to apply for credit.
We do not obtain, hold, or display your credit report or credit score, and no output is a credit score or a consumer report. Any assumption about your credit is labeled as an assumption.
The Service is not a "consumer report" under the Fair Credit Reporting Act, and we are not a consumer reporting agency. You may not use it, or permit anyone else to use it, to determine eligibility for credit, insurance, employment, housing, or any similar purpose.
We are not a credit repair organization. We do not offer to improve your credit record, charge no fee for any such service, and make no promise that any action will improve your credit.

B4. Debt and Payment-Timing Guidance

The Service may suggest paying something late on purpose. That is a real trade-off, and the decision and its consequences are yours.

To protect your liquidity, the Service may recommend the order and timing of payments — including identifying an obligation it estimates could be paid later, within a grace period, at acceptable cost.

Following timing guidance may result in late fees, penalty interest, loss of a grace period or promotional rate, default, repossession, collection activity, service interruption, or a negative effect on your credit. The Service's estimate of grace periods, fees, and terms comes from data that may be incomplete, outdated, or wrong.
The decision to pay or not pay any obligation is yours alone, and you are solely responsible for the consequences. We make no payments and do not communicate with your creditors.
We are not a debt adjuster, debt-management plan, debt-settlement service, or credit counseling agency. We never receive, hold, or distribute your funds to creditors.

B5. Forecasts, Spend Plans, and Owner's Pay

Projections are estimates. A recommended amount is a suggestion, not a limit or a guarantee.

All projections derive from your historical data and stated plans. They are not guarantees, and actual results will differ.
A recommended spending amount is guidance, not a limit. The Service cannot prevent a transaction and controls no account.
A shortfall warning is not a guarantee that a shortfall will occur, and the absence of a warning is not a guarantee that one will not. The Service may fail to warn you.
An owner's-pay or recommended-draw figure is an estimate of what appears sustainable given what the Service knows. It is not a determination of reasonable compensation for tax purposes, not a payroll calculation, and not advice about your entity structure or distributions.

B6. Household and Family Banking Records

Records of money between family members are just records. They are not enforceable agreements, and we collect nothing.

The Service may let you record arrangements between household members — allowances, chores, a family lending pot, or informal loans with terms, including an interest rate.

These are informational records only. They are not a loan agreement, promissory note, or binding contract; they create no obligation we enforce, collect, guarantee, or report; no money moves through the Service; and any actual money changes hands directly between the people involved. Content shown for children is educational and is provided to you, the adult.

B7. Business Entities and the Business/Personal Distinction

We help you see business and personal money separately. That view is not accounting, and it does not create legal separation between you and your business.

This is a planning view, not bookkeeping, accounting, or a general ledger, and it is not prepared in accordance with GAAP or any accounting standard. It is not suitable for filing a tax return, preparing financial statements, or satisfying any reporting obligation.
Business entity descriptions are illustrative and imply no tax or legal treatment. The Service does not advise on entity selection, S-corporation elections, reasonable compensation, or distributions.
Attribution of a transaction to a "business" or "personal" book is an estimate, often inferred, and may be wrong. It is not an accounting determination, not a tax characterization, and not a determination that an expense is deductible.
Nothing the Service does creates, preserves, or evidences legal separation between you and your business. A commingling flag is an informational signal — not a legal conclusion — and the absence of a flag is not assurance that your entity's liability protection is intact. Consult an attorney and an accountant.
We do not provide invoicing, payroll, bookkeeping, or tax-filing services, and we never execute an owner distribution or transfer.

B8. Connected Accounting Data

If and when we let you connect accounting software, it is read-only and that provider's terms still apply to you.

The Service may offer the ability to connect accounting software (such as QuickBooks) as a read-only source of business data. If and when that connection is available to you:

your use of that software remains governed by that provider's own terms and privacy policy;
we read data only — we do not create, modify, or delete anything in your accounting system;
its accuracy is the provider's and yours, not ours, and the Service's reconciliation of it against bank data is an estimate that may mismatch, duplicate, or omit records; and
the authorization and disconnection terms in "Connecting Your Financial Accounts" apply.

B9. Referrals and Compensation

Today we make money only from subscriptions. If that ever changes, we will tell you plainly.

As of the Last Updated date above, we earn revenue only from paid subscriptions. We do not sell your data, we do not display advertising, and we do not receive any referral, affiliate, or lead-generation compensation.

If we ever introduce a referral to a third-party product or service, we will disclose the relationship clearly where it appears, and any compensation will be structured so it cannot influence what the Service recommends to you. Any such referral will be governed by Additional Terms presented at the time. A third party's product is theirs, not ours — we do not warrant it, and your dealings with them are between you and them.

Privacy Policy — part of this Agreement.

Contact

Society Venture Investments, LLC 1100 15th St NW, Washington, DC 20005 Support: contact@societyvc.com · Privacy: contact@societyvc.com · Security: contact@societyvc.com · Legal: contact@societyvc.com