Last Updated: March 1, 2025 • Effective Date: March 1, 2025
1. Introduction and Scope
Blok AI Capital ("Blok AI Capital," "we," "our," or "us") is committed to protecting the privacy and security of the personal information entrusted to us by visitors to our website at joinblokai.org (the "Site") and individuals who communicate with us in connection with our venture capital activities.
This Privacy Policy describes how we collect, use, disclose, and safeguard personal information when you visit the Site, contact us about investment opportunities or other matters, or interact with us in the course of our business operations. It applies to all information collected through the Site and any related communications, digital properties, or services that link to or incorporate this Privacy Policy.
Please read this Privacy Policy carefully. If you do not agree with its terms, please discontinue use of the Site. By accessing or using the Site, you acknowledge that you have read, understood, and agree to the practices described in this Privacy Policy.
This Privacy Policy does not govern information collected about our portfolio companies, co-investors, or limited partners, which is subject to separate agreements and applicable securities and financial services laws and regulations.
2. Who We Are
Blok AI Capital is a seed-stage venture capital firm based in Austin, Texas, focused on investing in fintech inclusion and payments startups. We closed our $70M Seed Round in January 2022, anchored by Flourish Ventures.
For the purposes of data protection laws that apply to our activities:
- Data Controller: Blok AI Capital, Austin, TX, United States
- Website: joinblokai.org
- Contact Email: Available through our contact page
As a US-based entity, our primary legal framework is US federal and applicable state privacy law. Where individuals in the European Economic Area, United Kingdom, or other jurisdictions with specific privacy legislation interact with us, we endeavor to comply with the applicable requirements of those frameworks to the extent they apply to our activities.
3.1 Information You Provide Directly
We may collect the following categories of personal information when you voluntarily provide it to us:
- Contact Information: Your name, email address, phone number, physical address, and job title when you complete our contact form, email us, or otherwise reach out.
- Professional Information: Information about your organization, your role, your investment interests, or your company or startup — particularly when you contact us about potential investment opportunities or partnership discussions.
- Communications: The content of messages, emails, or other communications you send to us, including attachments, pitch decks, financial information, and other materials you voluntarily share.
- Subscription Information: If we offer email newsletters or updates, your email address and communication preferences when you subscribe.
- Event Information: Your name, contact details, and related information when you register for or attend events or webinars that Blok AI Capital organizes or co-hosts.
3.2 Information Collected Automatically
When you visit the Site, we and our service providers may automatically collect certain technical information about your device and usage:
- Log Data: IP address, browser type and version, operating system, referring URL, pages viewed, time and date of visit, and time spent on pages.
- Device Information: Device type, operating system, browser type, and hardware identifiers.
- Usage Data: Information about how you interact with the Site, including clicks, scrolling behavior, and navigation paths.
- Cookie Data: Information collected through cookies and similar tracking technologies, as described in Section 8 below.
- Location Information: General geographic location derived from your IP address. We do not collect precise GPS location information.
3.3 Information from Third Parties
We may receive information about you from third-party sources, including:
- Business information databases and professional networking platforms (such as LinkedIn) when conducting due diligence or research related to potential investments or business relationships.
- Referrals from co-investors, portfolio companies, or other professional contacts.
- Analytics providers and advertising platforms that help us understand Site usage and improve our digital presence.
- Publicly available sources, including news publications, company registries, and regulatory filings.
4. How We Collect Information
We collect information through the following mechanisms:
- Direct Submission: When you complete forms on the Site, send us email, or contact us through any other channel.
- Cookies and Tracking Technologies: Small text files and similar technologies placed on your device when you visit the Site. See Section 8 for details.
- Analytics Services: Third-party analytics providers that collect Site usage data on our behalf.
- Third-Party Integrations: Any third-party services or widgets embedded in the Site may independently collect information subject to their own privacy policies.
- Business Development Activities: Information we collect and compile in the ordinary course of our venture capital business activities, including reviewing publicly available sources about founders and companies.
5. How We Use Your Information
We use the personal information we collect for the following purposes:
5.1 Operating and Improving the Site
- To deliver, operate, and maintain the Site and its content.
- To monitor and analyze Site usage, performance, and user behavior to improve the user experience.
- To diagnose technical problems and ensure the security and integrity of the Site.
- To develop new features, content, or services.
5.2 Communications and Relationship Management
- To respond to your inquiries, questions, and requests submitted through the Site or direct communications.
- To send you information about Blok AI Capital, our investment thesis, portfolio companies, and related topics when you have requested or consented to receive such communications.
- To send administrative communications, such as updates to our policies or important notices about the Site.
- To manage our relationship with you as a potential founder, co-investor, strategic partner, or other professional contact.
5.3 Investment and Business Activities
- To evaluate investment opportunities and conduct due diligence on companies and founders who contact us.
- To manage relationships with existing and prospective portfolio companies, co-investors, and limited partners.
- To comply with legal and regulatory requirements applicable to our venture capital activities.
- To protect our legal rights and interests and those of our portfolio companies and investors.
5.4 Legal and Compliance Purposes
- To comply with applicable laws, regulations, and legal obligations.
- To respond to legal process, court orders, or requests from government or regulatory authorities.
- To prevent fraud, abuse, or violations of our terms of use.
- To protect the rights, property, or safety of Blok AI Capital, our staff, investors, portfolio companies, and the public.
6. Legal Basis for Processing
Where applicable privacy laws (including the GDPR for EEA individuals) require us to identify a legal basis for processing personal data, we rely on the following:
- Legitimate Interests: We process contact information, professional information, and usage data to pursue our legitimate interests in operating our venture capital business, responding to inquiries, and improving the Site — provided these interests are not overridden by your privacy interests or fundamental rights.
- Consent: Where we have obtained your consent, such as for sending marketing communications or placing non-essential cookies, we process your data on the basis of that consent. You may withdraw consent at any time.
- Contract Performance: Where processing is necessary to fulfill contractual obligations or take steps at your request prior to entering a contract.
- Legal Obligation: Where processing is necessary to comply with a legal or regulatory obligation applicable to us.
7. How We Share Your Information
We do not sell your personal information to third parties. We may share your information in the following circumstances:
- Service Providers: We work with trusted third-party service providers who assist us in operating the Site and conducting our business — including web hosting, analytics, email communications, and CRM services. These providers access personal information only as necessary to perform services on our behalf and are contractually obligated to maintain its confidentiality and security.
- Professional Advisors: We may share information with legal counsel, accountants, and other professional advisors as necessary to obtain advice or services.
- Business Partners: In the context of co-investment discussions or portfolio company introductions, we may share relevant professional information about founders or contacts with co-investors or strategic partners, subject to appropriate confidentiality expectations.
- Legal Requirements: We may disclose information when required by law, court order, subpoena, or other legal process, or when we believe disclosure is necessary to protect our rights or comply with a judicial or regulatory proceeding.
- Business Transfers: In the event of a merger, acquisition, restructuring, or sale of all or a portion of our assets, your information may be transferred as part of that transaction. We will provide notice before your information is transferred and becomes subject to a different privacy policy.
- With Your Consent: We may share your information for other purposes with your express consent.
8. Cookies and Tracking Technologies
We use cookies and similar tracking technologies to operate and improve the Site. A cookie is a small text file placed on your device by a website server. Our use of cookies is described in our separate Cookie Policy.
In summary, we use:
- Essential Cookies: Necessary for the Site to function properly. These cannot be disabled.
- Analytics Cookies: Help us understand how visitors use the Site so we can improve it. Require your consent where applicable.
- Functional Cookies: Remember your preferences and settings to improve your experience.
You can control cookie preferences through our cookie consent banner and your browser settings. Note that disabling certain cookies may affect Site functionality.
9. Data Retention
We retain personal information for as long as necessary to fulfill the purposes for which it was collected, to comply with legal and regulatory obligations, to resolve disputes, and to enforce our agreements. Specifically:
- Information from contact form submissions is retained for the duration of our business relationship and a reasonable period thereafter for follow-up and compliance purposes.
- Investment inquiry information and due diligence records may be retained for extended periods in line with our regulatory obligations and the typical lifecycle of our fund and portfolio.
- Website usage and analytics data is typically retained in identifiable form for up to 24 months, after which it may be aggregated or anonymized.
- Email and communications records are retained in accordance with our internal document retention policy, typically for a minimum of five years for business communications relevant to our investment activities.
When personal information is no longer needed for any of these purposes, we will securely delete or anonymize it in accordance with our data management procedures.
10. Data Security
We implement and maintain reasonable administrative, technical, and physical security measures designed to protect personal information from unauthorized access, use, disclosure, alteration, or destruction. These measures include:
- Encryption of data in transit using TLS/SSL protocols.
- Access controls limiting personal information to authorized personnel who need it for legitimate business purposes.
- Regular review and assessment of our security practices.
- Contractual security requirements imposed on service providers who handle personal information on our behalf.
No method of transmission over the internet or electronic storage is 100% secure. While we strive to protect your personal information, we cannot guarantee its absolute security. If you believe that your personal information has been compromised, please contact us immediately using the information in Section 16.
11. Your Rights and Choices
Depending on your location and applicable law, you may have certain rights with respect to your personal information:
- Access: The right to request confirmation of whether we hold personal information about you and to obtain a copy of that information.
- Correction: The right to request correction of inaccurate or incomplete personal information.
- Deletion: The right to request deletion of your personal information in certain circumstances, subject to our legal obligations to retain certain records.
- Restriction: The right to request that we restrict processing of your personal information in certain circumstances.
- Portability: The right to receive personal information you have provided to us in a structured, commonly used format (where applicable law requires).
- Objection: The right to object to processing of your personal information based on legitimate interests.
- Withdraw Consent: Where processing is based on consent, the right to withdraw consent at any time without affecting the lawfulness of processing before withdrawal.
- Opt-Out of Marketing: The right to opt out of marketing communications at any time by following the unsubscribe link in any email we send or by contacting us directly.
- Do Not Track: Some browsers offer a "Do Not Track" feature. Our Site does not currently respond to Do Not Track signals.
To exercise any of these rights, please contact us using the information provided in Section 16. We will respond to requests in accordance with applicable law, typically within 30 days. We may need to verify your identity before fulfilling certain requests.
If you are a California resident, you may have additional rights under the California Consumer Privacy Act (CCPA) and the California Privacy Rights Act (CPRA), including the right to know about personal information we collect and the right to opt out of the sale or sharing of personal information. We do not sell personal information.
12. International Data Transfers
Blok AI Capital is based in the United States. If you are located outside the United States, please be aware that information you provide to us may be transferred to and processed in the United States, where data protection laws may differ from those in your country.
For individuals in the European Economic Area or the United Kingdom, where such transfers occur, we endeavor to put in place appropriate safeguards — such as Standard Contractual Clauses approved by the European Commission — to ensure that your personal information is protected to the standards required by applicable data protection law.
13. Children's Privacy
The Site is intended for adults and is not directed to children under the age of 16. We do not knowingly collect personal information from children under 16. If we learn that we have inadvertently collected personal information from a child under 16, we will promptly delete that information. If you believe we have collected personal information from a child under 16, please contact us immediately using the information in Section 16.
14. Third-Party Links and Services
The Site may contain links to third-party websites, publications, or services that are not operated or controlled by Blok AI Capital. This Privacy Policy does not apply to those third-party websites or services, and we are not responsible for their privacy practices. We encourage you to review the privacy policies of any third-party websites you visit.
Some pages on the Site may incorporate social media sharing buttons, embedded content from third-party platforms, or other third-party widgets. These third parties may independently collect information about you subject to their own privacy policies, which we do not control.
15. Changes to This Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices, applicable law, or for other operational, legal, or regulatory reasons. When we make material changes, we will update the "Last Updated" date at the top of this Privacy Policy and, where practicable, provide notice through the Site or by other means.
We encourage you to review this Privacy Policy periodically to stay informed about how we collect, use, and protect your information. Your continued use of the Site following the posting of any changes constitutes your acknowledgment of those changes.
If you have questions, concerns, or requests related to this Privacy Policy or our privacy practices, please contact us through our contact page or write to us at:
We are committed to resolving complaints about your privacy and our collection or use of your personal information. If you have an unresolved privacy or data use concern that we have not addressed satisfactorily, you may also have the right to contact a supervisory authority or data protection authority in your country of residence.