Terms of Use

Effective date: November 1, 2025

Welcome to novantum.app (hereinafter referred to as the “Service,” “Application,” or “We”). These Terms of Use (hereinafter referred to as the “Terms”) set out the terms and conditions under which you (hereinafter referred to as the “User” or “You”) may access and use our website and data analytics application.

By registering on novantum.app or using the Application dashboard.novantum.app, you confirm that you have read, understood, and agree to comply with these Terms.

1. Description of the service

Novantum.app is a web-based software (SaaS) that provides data visualization, analytics, and artificial intelligence (AI) insight services.

1.1. Local-First Architecture: We use a “local-first” approach. Your uploaded data files (CSV, Excel) are processed and stored in your device’s browser (using IndexedDB technology). We do not store your business transaction data on our servers, except when necessary to perform specific AI functions (see the section on AI).

2. User account

2.1. To use the Service, you must create an account by providing accurate and current information (email, name).
2.2. You are responsible for the security of your password. Novantum is not responsible for any losses incurred if third parties gain access to your account due to your negligence.
2.3. One account is intended for one user. Sharing access data with other persons is prohibited and may result in the account being blocked.

3. Subscription and Payments

3.1. Payment processing: Payments for the Service are processed by our partner Stripe, Inc. We do not store your credit card details on our servers.
3.2. Plans: The Service is offered at different levels (e.g., Basic, Pro, Premium). The functionality of each plan is described on our pricing page.
3.3. Automatic renewal: Paid subscriptions are automatically renewed at the end of each billing period (monthly or annually), unless you cancel your subscription at least 24 hours before the end of the period.
3.4. Cancellation: You can cancel your subscription at any time in your profile settings at dashboard.novantum.app. The cancellation will take effect at the end of the paid period. No refunds will be issued for partially used periods, except as required by the laws of the Republic of Latvia.

4. Intellectual Property

4.1. Property Rights: The entire Application, including its source code, algorithms, design, and the functionality of the Novantum and Data Engine brands, is the exclusive property of NOVANTUM LLC.
4.2. Restrictions: The User is strictly prohibited from:

  • Perform reverse engineering of the Application’s source code, decompile it, or attempt to decrypt the data-processing logic.
  • Copy, modify, or distribute parts of the Application.
  • Use the Application to create a competing product.
  • Attempt to circumvent the Application’s security systems or licensing restrictions.

In the event of a violation, we reserve the right to block access and seek damages in court immediately.

5. Artificial Intelligence (AI) and Disclaimer

5.1. Some features of the Service use artificial intelligence technologies (e.g., Google Gemini) to provide business recommendations and forecasts.
5.2. Informative nature: All AI-generated recommendations, forecasts, and analyses are informative in nature. They should not be considered professional financial, legal, or business advice.
5.3. Accuracy: AI technologies can make mistakes (“hallucinate”). You assume full responsibility for any decisions you make based on the data provided by the Application. Novantum is not responsible for any financial losses arising from reliance on AI recommendations.

6. Data Protection and Privacy

6.1. We process your personal data in accordance with our Privacy Policy, which forms an integral part of these Terms.
6.2. You retain full ownership rights to the data you upload to the Application. We do not use your business data for any purpose other than to provide the Service.

7. Limitation of Liability

7.1. The service is provided “as is”, without any guarantees of uninterrupted operation or absence of errors.
7.2. To the extent permitted by law, Novantum shall not be liable for any indirect losses, loss of profits, data, or reputation resulting from the use of the Service.

8. Changes to the Terms

We reserve the right to change these Terms at any time. We will notify you of any significant changes by email or by posting a notice in the Application. By continuing to use the Service after the changes, you agree to the new Terms.

9. Applicable law and dispute resolution

The laws of the Republic of Latvia govern these Terms and Conditions. Any disputes arising from these Terms and Conditions shall be resolved through negotiation or, if talks fail, in a court of the Republic of Latvia.

10. Contact information

If you have any questions about these Terms, please get in touch with us:

NOVANTUM LLC
Reg. No.: 40203703421
Email: info@novantum.app