lumeriqent Logo
Aranda ACT 2614, Australia
+61244212682

Privacy Policy

Your privacy matters to us. Here's how we protect and handle your personal information when you use lumeriqent's fundraising platform.

Last updated: March 15, 2025

Information We Collect

When you use our platform, we collect information that helps us provide better fundraising services for Australian startups. This includes details you share directly and information we gather automatically.

Personal Details

Your name, email address, phone number, and business information when you create an account or submit funding applications.

Business Information

Company details, financial documents, pitch materials, and other data required for fundraising evaluations.

Usage Data

How you interact with our platform, including pages viewed, time spent, and features used to improve our services.

Technical Information

Device details, IP addresses, browser information, and cookies that help us maintain platform security.

How We Use Your Information

We use your information to connect Australian startups with funding opportunities and provide related services. Everything we do serves this core purpose.

  • Processing and evaluating your funding applications
  • Matching your startup with suitable investors and funding sources
  • Communicating updates about your applications and platform features
  • Improving our platform based on user feedback and usage patterns
  • Ensuring platform security and preventing fraudulent activities
  • Complying with Australian financial and business regulations
  • Providing customer support and responding to your inquiries

Marketing Communications

We may send you information about new funding opportunities, platform updates, and relevant startup resources. You can unsubscribe from these communications at any time through your account settings or by contacting us directly.

Information Sharing and Disclosure

We share your information only when necessary for our fundraising services or when required by law. Your data isn't sold to third parties for marketing purposes.

When We Share Information

  • With potential investors and funding partners as part of your funding applications
  • With service providers who help us operate the platform (payment processors, data storage)
  • When required by Australian law enforcement or regulatory authorities
  • If our business is acquired or merged, subject to the same privacy protections
  • With your explicit consent for specific purposes

Investor Sharing

When you submit a funding application, relevant parts of your business information will be shared with potential investors. We ensure these parties understand their obligations regarding your confidential information.

Your Privacy Rights

Under Australian Privacy Principles, you have several rights regarding your personal information. We've made it straightforward to exercise these rights.

Access Your Data
Correct Inaccuracies
Request Deletion
Data Portability
Withdraw Consent
Lodge Complaints

How to Exercise Your Rights

Contact our privacy team at help@lumeriqent.com with your request. We'll respond within 30 days and verify your identity before processing any changes to your personal information.

Data Security and Protection

We take data security seriously, especially given the sensitive nature of business and financial information on our platform.

  • End-to-end encryption for all data transmission and storage
  • Regular security audits and vulnerability assessments
  • Access controls ensuring only authorized staff can view your information
  • Secure data centers located within Australia
  • Regular backups with encrypted storage
  • Incident response procedures for any potential security breaches

While we implement strong security measures, no system is completely immune to threats. We continuously update our security practices and will notify you promptly if any breach affects your personal information.

Data Retention and Deletion

We keep your information only as long as necessary for our services or as required by Australian law.

Retention Periods

  • Active account information: Retained while your account remains active
  • Funding application data: Kept for 7 years for regulatory compliance
  • Communication records: Retained for 3 years after last contact
  • Technical logs: Automatically deleted after 12 months
  • Marketing preferences: Kept until you unsubscribe or request deletion

When you close your account, we'll delete or anonymize your personal information within 90 days, except where we're required to keep certain records for legal or regulatory purposes.

Cookies and Tracking

Our website uses cookies to improve your experience and help us understand how you use our platform.

Types of Cookies We Use

  • Essential cookies: Required for basic platform functionality
  • Performance cookies: Help us understand which features are most useful
  • Preference cookies: Remember your settings and choices
  • Security cookies: Protect against fraudulent activity

You can control cookie settings through your browser, though disabling certain cookies might affect platform functionality. We don't use cookies for targeted advertising outside our platform.

International Data Transfers

While we primarily store data in Australia, some of our service providers may process information overseas. When this happens, we ensure adequate protection measures are in place.

  • All overseas transfers comply with Australian Privacy Principles
  • We use contractual safeguards with international service providers
  • Data processing agreements ensure equivalent privacy protection
  • You can request details about specific international transfers

Changes to This Policy

We update this privacy policy occasionally to reflect changes in our services or legal requirements. When we make significant changes, we'll notify you through email or a prominent notice on our platform.

Minor updates, like clarifying existing practices, will be reflected in the "last updated" date at the top of this policy. We encourage you to review this policy periodically to stay informed about how we protect your information.

Notification of Changes

For material changes that affect how we use your personal information, we'll provide at least 30 days' notice and may require your consent before implementing the changes.

Privacy Questions?

If you have questions about this privacy policy or how we handle your personal information, our privacy team is here to help. We're committed to addressing your concerns promptly and transparently.

help@lumeriqent.com
+61 2 4421 2682
16 Ambara Pl, Aranda ACT 2614, Australia