Legal
Terms of Use
Last updated: April 24, 2026
These Terms of Use (“Terms”) govern your access to and use of the websites, applications, and services provided by DXA Pearl LLC and its affiliates (“Dealboard,” “we,” “us,” or “our”). By creating an account or using the Services, you agree to these Terms. If you do not agree, do not use the Services.
1. Eligibility
To use the Services, you must be at least 18 years old and able to form a legally binding contract in your jurisdiction. Access to specific investment opportunities may require additional qualifications, such as being an accredited, qualified, or professional investor under applicable law. You agree to provide accurate and complete information during registration and to keep it current.
2. Accounts and security
You are responsible for maintaining the confidentiality of your login credentials and for all activities that occur under your account. You must promptly notify us at legal@dealboard.com of any unauthorized use or suspected breach of your account. We may suspend or terminate accounts that we reasonably believe are being used in violation of these Terms or applicable law.
3. Nature of the Services
Dealboard provides technology that enables advisory firms, advisors, and their clients to discover, subscribe to, and manage private market opportunities. Investment recommendations, if any, are made by the advisory firm you engage, not by Dealboard. Dealboard does not hold client assets and is not a party to the investment agreements entered into through the platform, unless expressly stated otherwise.
4. Investment risks and disclosures
- Private market investments involve a high degree of risk, including the risk of loss of principal, lack of liquidity, and reliance on valuations that may not reflect realizable value.
- Past performance is not indicative of future results. Any performance figures shown are illustrative and do not guarantee future returns.
- Investments are generally long-term, may be subject to capital calls, and may not be redeemed on demand.
- You should consult your own legal, tax, and financial advisors before making any investment decision and should review all offering materials carefully.
5. Acceptable use
You agree not to:
- Use the Services for any unlawful, fraudulent, or deceptive purpose, including money laundering or sanctions evasion.
- Misrepresent your identity, investor status, or the source of funds.
- Interfere with or disrupt the integrity, security, or performance of the Services, or attempt to gain unauthorized access to any system, account, or data.
- Reverse engineer, decompile, or otherwise attempt to derive source code or underlying ideas of the Services, except to the extent permitted by law.
- Use the Services to build a competing product, or scrape or harvest data from the Services without our prior written consent.
- Upload or transmit malware, or content that is unlawful, infringing, defamatory, or that violates a third party’s rights.
6. Content and intellectual property
The Services, including all software, text, graphics, logos, and other content (excluding your content and third-party content), are owned by Dealboard or its licensors and are protected by intellectual property laws. Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Services for your personal or internal business use.
You retain ownership of the content you submit to the Services (“User Content”) and grant Dealboard a worldwide, non-exclusive, royalty-free license to host, copy, transmit, and display your User Content solely to operate, provide, and improve the Services.
7. Third-party services
The Services may integrate with or link to third-party services, including identity verification, authentication, payment, fund administration, and analytics providers. Your use of those services is governed by their own terms and privacy policies. We are not responsible for the acts, omissions, or content of any third party.
8. Fees
Fees associated with investments, fund administration, or platform access may be charged by your advisory firm, fund managers, or Dealboard, as disclosed in the applicable offering documents, subscription agreements, or engagement letters. You are responsible for reviewing and understanding those fees before investing.
9. Privacy
Your use of the Services is also governed by our Privacy Policy, which explains how we handle personal information.
10. Termination
You may close your account at any time by contacting us. We may suspend or terminate your access to the Services at any time, with or without notice, if we believe you have violated these Terms, applicable law, or if necessary to protect the Services, our users, or third parties. Sections that by their nature should survive termination will survive, including intellectual property, disclaimers, limitation of liability, indemnification, and governing law.
11. Disclaimers
The Services are provided on an “as is” and “as available” basis without warranties of any kind, express or implied, including warranties of merchantability, fitness for a particular purpose, non-infringement, or availability. Dealboard does not warrant that the Services will be uninterrupted, error-free, or secure, or that any information on the Services is accurate, complete, or current.
12. Limitation of liability
To the maximum extent permitted by law, in no event will Dealboard, its affiliates, or their officers, directors, employees, or agents be liable for any indirect, incidental, special, consequential, or punitive damages, or for any loss of profits, revenues, data, or goodwill, arising out of or in connection with your use of the Services, whether based on contract, tort, statute, or any other legal theory, even if we have been advised of the possibility of such damages. Our total aggregate liability arising from or related to the Services will not exceed the greater of (a) the fees you have paid to Dealboard in the twelve months preceding the event giving rise to the claim, or (b) one hundred U.S. dollars (US$100).
13. Indemnification
You agree to defend, indemnify, and hold harmless Dealboard and its affiliates from and against any claims, liabilities, damages, losses, and expenses (including reasonable attorneys’ fees) arising out of or related to (a) your use of the Services, (b) your violation of these Terms, or (c) your violation of any law or third-party right.
14. Governing law and disputes
These Terms are governed by the laws of the State of Delaware, United States, without regard to its conflict-of-laws principles. Any dispute arising out of or relating to these Terms or the Services will be resolved in the state or federal courts located in Delaware, and you consent to their exclusive jurisdiction, except that either party may seek injunctive or equitable relief in any court of competent jurisdiction to protect intellectual property rights.
15. Changes to these Terms
We may update these Terms from time to time. When we do, we will revise the “Last updated” date above. If the changes are material, we will provide notice through the Services or by email. Your continued use of the Services after the effective date constitutes your acceptance of the revised Terms.
16. Miscellaneous
These Terms, together with the Privacy Policy and any additional terms applicable to specific features or offerings, constitute the entire agreement between you and Dealboard regarding the Services. If any provision is held unenforceable, the remaining provisions will remain in effect. Our failure to enforce any right or provision is not a waiver of that right or provision. You may not assign these Terms without our prior written consent; we may assign them freely.
17. Contact us
Questions about these Terms can be sent to:
DXA Pearl LLC
Attn: Legal
legal@dealboard.com