Terms of use

Closva AS provides an AI-powered platform for preparing and managing deals, including document organisation, virtual data rooms, collaboration, analysis and preparation of deal materials.

These terms apply to customers and invited users. Available features depend on the subscription, user role and workspace permissions. Joining a workspace as an invited guest does not, by itself, create a paid subscription.

You are responsible for the information you provide and for having the necessary rights and authority to upload, process and share it.

Workspace administrators are responsible for managing invitations and access permissions. All users must protect their login credentials, respect access restrictions and use the platform lawfully.

Confidential deal documents may be uploaded to the relevant workspace or data room where you are authorised to do so. Before sharing information, check the intended recipients and their permissions.

You must use confidential information accessed through Closva only for its authorised purpose and comply with any applicable confidentiality obligations. Access to a workspace does not itself create or replace a non-disclosure agreement.

Closva will treat non-public customer content as confidential and use or disclose it only as necessary to provide the agreed services, as authorised by the customer or as required by law.

You and the relevant rights holders retain ownership of uploaded content. You grant Closva the limited rights necessary to process that content to provide the agreed services, subject to applicable confidentiality and data protection obligations.

Only upload personal data necessary for the relevant purpose and where you have a lawful basis to do so. Sensitive personal data must not be uploaded unless expressly agreed with Closva and the required legal basis and safeguards are in place.

Personal data processing is described in Closva’s Privacy Policy and, where applicable, governed by a Data Processing Agreement.

AI-generated answers, summaries, analyses and deal materials may contain errors, omissions or outdated information. You must review outputs against the underlying sources and verify them before sharing them or using them to make decisions.

Where valuation features are available, estimates are indicative and based on user-provided information, assumptions and public or third-party data where used. They do not establish an agreed or achievable transaction price.

The platform and its outputs do not constitute legal, tax, investment or financial advice, or replace professional advice and due diligence.

Using Closva does not appoint Closva as your transaction adviser or authorise Closva to negotiate, approve or enter into agreements on your behalf.

Closva does not guarantee a completed transaction, a particular price, buyer interest, financing, time savings or identification of every risk or issue.

Transaction outcomes depend on factors including information quality, due diligence, market conditions, negotiation and deal structure.

Nothing in these terms excludes rights or liability that cannot lawfully be excluded.

Subscription fees, payment, cancellation, service commitments, liability limits and data return or deletion arrangements are governed by the applicable customer agreement.

Any separately agreed confidentiality obligations and transaction agreements continue to apply.