Access Fund Terms of Use

Effective date: July 20, 2026
Last updated: July 20, 2026

These Terms of Use (the "Terms") govern your access to and use of accessfund.vc and related websites, forms, investor communications, shared documents, data rooms, and online services operated by Access Fund Management, LLC (collectively, the "Services").

Access Fund Management, LLC, a Delaware limited liability company ("Access Fund Management"), is an investment manager that files reports with the U.S. Securities and Exchange Commission as an exempt reporting adviser. Access Fund Group LLC serves as the general partner of certain Access Fund investment vehicles. In these Terms, "Access Fund," "we," "us," and "our" refer to Access Fund Management and, where relevant to a particular Service or investment vehicle, its affiliated entities.

By accessing or using the Services, submitting a form that links to these Terms, or affirmatively accepting these Terms, you agree to them. If you do not agree, do not use the Services or submit information through them.

1. Informational Purpose; No Investment Advice

The Services are provided for general informational and discussion purposes. Nothing on the Services is legal, tax, accounting, financial-planning, or investment advice, and nothing creates an advisory, fiduciary, client, partnership, agency, or similar relationship between you and Access Fund.

Access Fund Management's status as an exempt reporting adviser, any filing with the SEC, and any reference to securities laws do not imply that the SEC or any other regulator has approved, endorsed, passed on, or verified Access Fund, an investment vehicle, an offering, the merits of an investment, or the accuracy or completeness of any information.

You should evaluate investments independently and consult your own legal, tax, accounting, and investment advisers. You are responsible for determining whether an investment is appropriate for you and permitted under the laws that apply to you.

2. Offering Communications; No Binding Offer Through the Website

Some offering-specific pages and communications may constitute general solicitation for an offering conducted under Rule 506(c) where the page or communication identifies that structure. Other general website content is provided for informational purposes and is not itself a binding offer, an acceptance of a subscription, or a promise that an investment will be available. An indication of interest, form submission, request for information, access to a data room, or communication with Access Fund is non-binding and does not entitle you to invest.

Access Fund and affiliated or third-party sponsors may make offerings in reliance on different exemptions from securities-registration requirements, including:

Rule 506(c) offerings, which may be generally solicited and are available only to investors whose accredited-investor status is verified as required for the offering; and
Rule 506(b) offerings, which are not made through general solicitation and may be communicated only in circumstances appropriate for that exemption.

The page, communication, invitation, and definitive offering documents for each opportunity will identify the applicable structure and control over general website descriptions. You must not treat information concerning one offering as applicable to another.

No investment may be made except through the procedures specified by the applicable issuer, fund, sponsor, manager, general partner, administrator, or platform and after acceptance of executed subscription documents. Access Fund or the applicable offering parties may reject, reduce, or cancel a subscription or close an offering at any time, subject to the definitive documents and applicable law.

3. Accredited-Investor Status and Verification

Access to information does not establish that you are eligible to invest. If you state that you are an accredited investor, you represent that the statement is accurate when made. A website checkbox or self-attestation is not necessarily verification for a Rule 506(c) offering.

For offerings that require verification, you may be asked to complete verification through AngelList or another administrator, platform, professional, or method identified in the offering process. Verification methods, timing, and responsible parties may vary by offering. For Rule 506(b) offerings, eligibility, relationship, sophistication, and information requirements are evaluated under the process applicable to that offering.

Do not send tax returns, bank or brokerage statements, credit reports, government identification, or similar verification materials through a general Access Fund form or email unless Access Fund or an identified service provider specifically instructs you to use a secure process.

4. Definitive Offering Documents Control

Any investment is governed exclusively by its definitive documents, which may include a private placement memorandum, limited partnership or operating agreement, subscription agreement, side letter, risk disclosures, platform terms, and related documents (collectively, the "Offering Documents").

The Offering Documents may be issued by an investment vehicle, sponsor, manager, general partner, administrator, or adviser other than Access Fund Management or Access Fund Group LLC. You must review the identity and role of each party in the applicable Offering Documents.

If the Services conflict with the Offering Documents, the Offering Documents control. Fees, expenses, carried interest, investment minimums, strategy, allocation, closing dates, liquidity, transfer restrictions, tax treatment, adviser and general-partner roles, and all other investment terms are final only as stated in the applicable Offering Documents.

5. Investment Risks and Performance Information

Private funds, venture investments, and special purpose vehicles involve substantial risk, including loss of all invested capital; illiquidity; long and uncertain holding periods; dilution; limited information; valuation uncertainty; dependence on managers and portfolio companies; conflicts of interest; legal, tax, regulatory, market, technology, and operational risks; and lack of diversification in some vehicles.

Past performance does not guarantee future results. Performance, valuations, benchmarks, rankings, case studies, selected investments, portfolio-company examples, targets, projections, forward-looking statements, and hypothetical or estimated results have limitations and may not reflect fees, expenses, taxes, unrealized losses, changing valuations, or the experience of any particular investor. Results may differ materially from expectations.

Third-party data may not have been independently verified. Dates, methods, sources, exclusions, and additional disclosures accompanying a performance claim form part of that claim and should be reviewed together with it. Nothing on the Services is a promise or guarantee of returns, liquidity, timing, allocation, or access.

6. Confidential and Gated Materials

Some Services contain confidential, proprietary, non-public, or access-restricted information ("Confidential Materials"). Access may be provided through a personal link, key, invitation, cookie, data room, or other control.

Unless the applicable materials or a separate written agreement state otherwise, by accessing Confidential Materials you agree to:

use them solely to evaluate the opportunity or relationship for which access was provided;
keep them confidential and use reasonable measures to prevent unauthorized access;
not copy, publish, forward, distribute, disclose, or make them available to another person, including a professional adviser, unless the applicable materials or another written agreement permits that disclosure or Access Fund gives prior written permission;
not use them to compete with, harm, trade in securities of, or obtain an improper advantage concerning Access Fund, an investment vehicle, a portfolio company, or another person;
comply with applicable securities, privacy, intellectual-property, export-control, and other laws; and
notify Access Fund promptly if an access link, key, or Confidential Material is lost, disclosed, or misused.

Access is personal to the intended recipient and may be revoked at any time. Access Fund may request return or deletion of Confidential Materials. These obligations supplement, and do not replace, any nondisclosure agreement, investor-rights agreement, Offering Document, or other confidentiality obligation. The more protective applicable obligation will control to the extent of a conflict.

Access Fund does not promise that providing access creates a substantive relationship, satisfies the conditions of an offering exemption, reserves an allocation, or qualifies you to invest.

7. Information You Submit

You represent that information you submit through the Services is accurate, current, and yours to provide. You will not impersonate another person, submit information without authorization, or use a misleading identity or access credential.

You authorize Access Fund to use submitted information to respond to you, evaluate and manage the relationship, provide requested materials, communicate about opportunities, coordinate with offering parties and service providers, maintain records, and otherwise act as described in our Privacy Policy.

You retain ownership of content you submit. You grant Access Fund a non-exclusive, worldwide, royalty-free license to host, copy, process, transmit, and use that content as reasonably necessary to provide the Services, respond to your request, comply with law, and operate our business. This license does not permit Access Fund to publicly identify you as an investor or endorser without separate permission.

8. Acceptable Use

You may use the Services only for lawful purposes and in accordance with these Terms. You may not:

violate law or another person's rights;
access, use, or disclose Confidential Materials without authorization;
share access links, keys, or credentials with an unauthorized person;
misrepresent your identity, authority, eligibility, accredited-investor status, or relationship with another person;
interfere with, disrupt, overload, probe, scan, or circumvent the security or operation of the Services;
introduce malware or harmful code;
scrape, harvest, or use automated means to extract non-public information or personal information from the Services;
copy, modify, distribute, or commercially exploit substantial portions of the Services or Content without permission;
remove proprietary notices; or
use the Services or Content to train an artificial-intelligence model or build a competing product without our written permission.

We may monitor use for security and compliance, refuse service, revoke access, remove content, or suspend or discontinue all or part of the Services at any time.

9. Intellectual Property

The Services and their text, graphics, designs, data, software, audio, video, trademarks, logos, and other content (collectively, "Content") are owned by or licensed to Access Fund and are protected by intellectual-property laws.

Subject to these Terms, Access Fund grants you a limited, revocable, non-exclusive, non-transferable license to view and use the Content for your own lawful evaluation of Access Fund and opportunities presented to you. No other rights are granted. References to third-party names and marks belong to their respective owners and do not necessarily imply endorsement or affiliation.

If you send non-confidential suggestions or feedback about the Services, you permit Access Fund to use them without restriction or compensation. Do not submit feedback you consider confidential.

10. Third-Party Services

The Services may link to or integrate third-party websites and services, including AngelList, Typeform, DocSend, YouTube, scheduling providers, portfolio-company websites, and other offering participants. Third-party services are governed by their own terms, privacy notices, security practices, and availability.

Access Fund does not control and is not responsible for a third-party service. A link, integration, reference, selected investment, or business relationship does not constitute an endorsement of all content or practices of the third party. Your dealings with a third party are between you and that party, subject to the definitive documents for any investment.

11. Privacy and Electronic Communications

Our Privacy Policy and Cookie Policy explain how we handle personal information and cookies. By submitting contact information, you agree that we may communicate with you electronically about your request, the Services, and opportunities that may be relevant to you, subject to applicable law and your marketing choices.

You agree that electronic notices, disclosures, acknowledgments, and records may satisfy requirements that they be in writing. You are responsible for maintaining a current email address and copies of documents important to you.

12. No Warranties

TO THE FULLEST EXTENT PERMITTED BY LAW, THE SERVICES AND CONTENT ARE PROVIDED "AS IS" AND "AS AVAILABLE." ACCESS FUND AND ITS AFFILIATES, INVESTMENT VEHICLES, SERVICE PROVIDERS, LICENSORS, OFFICERS, MEMBERS, EMPLOYEES, AND AGENTS DISCLAIM ALL EXPRESS AND IMPLIED WARRANTIES, INCLUDING WARRANTIES OF ACCURACY, COMPLETENESS, TIMELINESS, NON-INFRINGEMENT, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, SECURITY, AVAILABILITY, AND RESULTS.

ACCESS FUND DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF HARMFUL COMPONENTS, OR THAT CONTENT WILL REMAIN AVAILABLE OR CURRENT. SOME JURISDICTIONS DO NOT ALLOW CERTAIN DISCLAIMERS, SO SOME OF THE ABOVE MAY NOT APPLY TO YOU.

13. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY LAW, ACCESS FUND AND ITS AFFILIATES, INVESTMENT VEHICLES, SERVICE PROVIDERS, LICENSORS, OFFICERS, MEMBERS, EMPLOYEES, AND AGENTS WILL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE, OR CONSEQUENTIAL DAMAGES; LOST PROFITS, DATA, GOODWILL, OR OPPORTUNITIES; INVESTMENT LOSSES; OR DAMAGES ARISING FROM THIRD-PARTY SERVICES, UNAUTHORIZED ACCESS, OR RELIANCE ON THE SERVICES OR CONTENT.

TO THE FULLEST EXTENT PERMITTED BY LAW, THE AGGREGATE LIABILITY OF THOSE PARTIES FOR CLAIMS ARISING OUT OF OR RELATING TO THE SERVICES OR THESE TERMS WILL NOT EXCEED THE GREATER OF $100 OR THE AMOUNT YOU PAID ACCESS FUND, IF ANY, SPECIFICALLY TO USE THE SERVICES DURING THE TWELVE MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM.

These limitations do not limit obligations or liabilities that cannot lawfully be limited, and they do not alter rights or obligations under definitive Offering Documents.

14. Indemnification

To the fullest extent permitted by law, you will defend, indemnify, and hold harmless Access Fund and its affiliates, investment vehicles, service providers, licensors, officers, members, employees, and agents from third-party claims, losses, liabilities, damages, judgments, costs, and reasonable attorneys' fees arising from your unlawful use of the Services, your material violation of these Terms, your unauthorized disclosure or misuse of Confidential Materials, or information or content you submit without authority.

This section does not require you to indemnify a party for conduct for which indemnification is prohibited by law.

15. Governing Law and Venue

These Terms are governed by the laws of the State of California, without regard to conflict-of-law principles. To the extent a dispute arising solely from the Services or these Terms is not governed by an Offering Document or another written agreement, you and Access Fund consent to exclusive jurisdiction and venue in the state courts located in Los Angeles County, California, or the United States District Court for the Central District of California.

Nothing in this section changes the governing law, venue, dispute-resolution process, or rights stated in an applicable Offering Document or other written agreement.

16. Changes to the Services or Terms

We may modify or discontinue the Services at any time. We may update these Terms to reflect changes in the Services, our practices, or applicable law. The published Terms will show the latest revision date.

Changes apply prospectively when posted unless a later date is stated. If a change is material, we may provide additional notice where appropriate. Your continued use after the effective date of updated Terms constitutes acceptance of the updated Terms. Changes to an investment relationship are governed by the applicable Offering Documents, not by an update to these website Terms.

17. General Terms

If a provision of these Terms is held unenforceable, it will be enforced to the maximum extent permitted and the remaining provisions will remain in effect. Our failure to enforce a provision is not a waiver. You may not assign these Terms without our written consent; we may assign them in connection with a reorganization, transaction, or transfer of the Services.

These Terms, together with the policies and supplemental terms expressly incorporated into them, are the entire agreement concerning the Services. They do not supersede an Offering Document, nondisclosure agreement, side letter, investor agreement, or other written agreement governing a separate subject. Headings are for convenience only. Sections that by their nature should survive termination will survive, including confidentiality, intellectual property, disclaimers, limitations, indemnification, and dispute provisions.

18. Contact

Questions about these Terms may be sent to:

Access Fund Management, LLC
Email: info@accessfund.vc
Website: https://accessfund.vc