PRIVACY POLICY

Recently updated on December 2020  

IN A NUTSHELL

Nezikist Group LTD (hereinafter referred to as “Nezikist” or “We” or “Our”), located at Hanagar 24 St., Israel, does not share or sell company-identifiable financial or descriptive information to third parties.

We may share this type of information exclusively through aggregation and anonymization techniques, which prevent the information from being reassociated or identified with any one account, company, or individual. This information may be used for a wide variety of statistical and analytical purposes.

Nezikist's goal is to make its business valuation platform (“Equitest”) available to everyone. We therefore created an easy-to-use online platform to let you calculate your company’s value in minutes. The data/information you submit is, therefore, a critical part of the valuation process and our valuation platform.

We, however, take very seriously the protection and safeguarding of this information/data’s privacy and security. We are committed to following and continuously evolving best practices to support this principle.

Nezikist prepared this Privacy Policy to help you understand:

• What information we collect about you and how;
• How we use the information we collect;
• How we share the information we collect;
• How we store and secure information;
• How to access and manage your data; and,
• Other privacy information.

This Privacy Policy covers the information we collect through our website (www.equitest.net, including subpages and subdomains) or our online platform (the “Products”), our websites that link to this Privacy Policy, and any other services we provide to our customers or end users (collectively with the Products, the “Services”).

Under the GDPR (General Data Protection Regulation), Nezikist is the data controller for the processing of your personal data.

What information we collect about you and how

Nezikist collects data provided by users of our Services, in furtherance of our Services, as further described below.

Information you provide to us

Browsing our website does not require the submission of any information, unless you wish to subscribe to our newsletter or contact us. To make use of our Products, however, we require the submission of certain necessary information for you to set up your account.

 

Account Information

We require information about you and your company when you sign up, create and modify an account for or through the Product. More specifically, to use certain Products or Services, we require a full name associated with your account, the company name, an email address through which we can contact you, and a password to help secure your personal information.

 

Contact Information

In the event you sign up for Our newsletter then you will be added to Our mailing list to receive certain communications. While using our Services, you may also receive support emails highlighting completed or next steps. Should you no longer wish to receive such information, you can change your preferences through the respective links included in the emails.

 

Content you provide through our Products

We collect and store content that you input, submit, upload, create, share or display in the process of using our Services. This content includes all required information to access and/or use our Services, as well as any information that you may choose to include, such as the files and links you upload to the Service.

The Content is further divided into:

• Company Descriptive Content: The content submitted through the “Valuation Menu” section and its accompanying menus, such as "Choose Company", "Add Company". This includes company information such as: company name, logo, and business description.
• Financial Data: To valuate the company, the user must also add a financial data related to and/or concerning the company.

 

Content you provide through our websites

We collect other content that you submit to our websites, which may include social media or social networking websites operated by us. For example, you provide content to us when you give feedback or when you participate in any interactive features, surveys, contests, promotions, activities or events.

 

Information you provide through our support channels

You may avail yourself to our customer support, wherein you may choose to submit information regarding a problem you are experiencing with the Services or Product.  Whether you send us an email, contact through the Products, speak to one of our representatives directly or otherwise engage with our support team, you may be asked to provide contact information, a summary of the problem you are experiencing, and any other documentation, screenshots or information that would be helpful in resolving the issue.

 

Payment Information

When you register for certain paid Services, we collect your company VAT number, company name, country and representative for invoicing purposes. Nezikist will not store or retain any other billing information about and/or cocnering you.
Nezikist engages third parties, namely PayPal, to securely process your payment(s). These third-party service providers may have access to your email address to be able to provide their services to us. These service providers are not permitted to store, retain, or use information you provide except for the sole purpose of payment processing on our behalf.

Information we collect automatically when you use the Services

We collect information about you when you use our Services, including browsing our websites and taking certain actions within the Services.

Profile Information

In order to ensure a smooth and enjoyable experience when using our Services, we collect information about you concerning your profile preferences including your language preferences, notification and marketing preferences. These can be stored in the form of cookies, little files that are kept on your browser and which then tell us your preferences the next time you visit our website or use our Services.

We may use web beacons to compile aggregated statistics to analyze how our Site is used in some of our emails to inform us which emails and links have been opened by recipients. This allows us to gauge the effectiveness of our customer communications and marketing campaigns. We use a third-party to gather information about how you and others use our Site.

Your use of the Services

We keep track of certain information about you when you visit, interact with and/or use any of our Services. This information includes the features you use, the links you click on, frequently used search terms, and other statistics related to your usage of the Services.

Device and Connection Information

We do not collect device and connection information (such as IP addresses, browser types, operating systems, ISPs, platform type, device type, etc.).  However, we use third-party tools, that may collect this data through the use of “cookies” and other tracking technologies (see below). When applicable, explicitly IP addresses, these data are anonymized so as to ensure your privacy while providing us with the valuable insights that help us develop our Services. 

Cookies

Nezikist may use cookies and tracking technologies to provide functionality and to recognize you across different Services and devices.  Our cookies do not collect personal or confidential information and are not spyware. You may set your Internet web browser to refuse cookies or to remove cookies from your hard drive.  However, please note that such actions may result in certain features of our Site not working properly.

How we use the information we collect

We use the information we collect, including personally identifiable information, for a variety of purposes, and how we use it depends on what we collect and what Services you use (or features of the Services). These purposes may include:

To provide the Services and personalize your experience

We use information about you to effectively provide our Services to you, including to process transactions with you, authenticate you when you log in, provide customer support, and operate and maintain the Services.

For research and development

We are always looking for ways to make our Services smarter, faster, more secure, integrated, and more useful to and effective for you.  We may use collective learnings about how people use our Services and feedback provided directly to us, to troubleshoot and to identify trends, usage, activity patterns and areas for integration and improvement of the Services.

To communicate with you about the Services

We may use your contact information to:

• Send transactional communications via email and within the Services, including confirming your purchases; reminding you of subscription expirations; responding to your comments, questions and requests; providing customer support, and sending you technical notices, updates, security alerts, and administrative messages.
• Provide tailored communications based on your activity and interactions with us.  For example, certain actions you take in the Services may automatically trigger a feature or third-party app suggestion within the Services that would make that task easier.
• We also send you communications as you onboard to a particular Service to help you become more proficient in using that Service.

These communications are part of the Services and in some cases you cannot opt out of them as they are required for us to deliver the Service. If an opt out is available, you will find that option within the communication itself.

To market, promote and drive engagement with the Services

We may use your contact information and information about how you use the Services to send promotional communications that may be of specific interest to you, including by email and by displaying Nezikist ads on other companies’ websites and applications, as well as on platforms like Facebook and Google. These communications are aimed at driving engagement and maximizing what you get out of the Services, including information about new features, survey requests, newsletters, complimentary third-party services, and events we think may be of interest to you. Preferences regarding receiving such communications can be adjusted in the respective links included in the communications and is further described in the “Opt-out of communications” section below.

Customer support

We may use your information to resolve technical issues you encounter, to respond to your requests for assistance, to analyze crash information, or to repair and improve the Services. 

For safety and security

We use information about you and your Service use to verify accounts and activity, to monitor suspicious or fraudulent activity and to identify violations of Service policies. 

To comply with applicable law

We may use your information as necessary to comply with applicable law, including governmental requests, law enforcement requests, and otherwise to protect the rights, privacy, safety, or property of you, us, or others.

With your consent

We may use information about you where you have given us consent to do so for a specific purpose not listed above. For example, we may publish testimonials or featured customer stories to promote the Services, with your permission.

Opt-Out of Communications

Should you wish to no longer receive insights through our newsletter and support emails that we send, you can change you preferences in your the links included in those communications. Further details regarding your rights surrounding you and your information can be found in the “How to access and manage your data” section.

How we share the information we collect

Nezikist doesn’t share or sell company-identifiable financial or descriptive information to third parties.

In order to offer our Services and the support that you sometimes need when using same, we employ third parties to carry out important peripheral aspects of our Service.

We may use a third party tool to be able to communicate with you through our online chat function, which may have their own cookies and information types that they store so as to be able to relay to us the relevant information so we can best serve you.

We may use third party mail services, such as acymailing and mailchimp, to be able to communicate with all our users, through the newsletter, updates and developments of the Service and offering as well as other relevant news or promotional material.

Other third parties with which we share information include Google Analytics and Adwords. With these, we only share non-personally identifiable information that assists us in improving our Services. Furthermore, we employ the use of third parties to process payments from you, as explained in the Payment Information section.

Other scenarios in which we may share your information

There are certain other situations in which we may have to share your information with other third parties. This could be in the event of a buy or sale of business assets, in which case we may share information with a potential buyer or seller; if we are obliged to share information in order to comply with legal obligations; to assist in or conduct investigations of fraud or other illegal activity where we deem it reasonable to do so; or any other circumstances not necessarily foreseeable but holding sufficient levels of legal obligation or reason to do so.

How we store and secure information

The security of your information is of the utmost importance to us, so we only use third parties whom we trust and are essential to delivering our Services to you. This means that we do not share personally identifiable information with other parties without your consent.

Your information is securely stored behind levels of encryption and security through means of using verified methods including access limitation, industry-standard Transport Layer Security (TLS) encryption technology to safeguard sensitive information, data encryption, and firewalls. We store our information on servers located in Israel. We may also store such information on servers located in Europe or the United States.

How long do we store your data?
While the cookies we use may expire after certain amounts of time, your account information is stored by us indefinitely, as legal and regulatory processes in the future may require this information. Naturally, this is not the case should you desire for us to delete all personally identifiable information that we hold on you.  For more information regarding this please see “How to access and manage your data”.

How to access and manage your data

Firstly, you may choose which information is collected from you automatically through our use of cookies.

Ultimately, you are the owner of your information, and as such you have control over it. This means that should you desire, you may:

• request to see all the information we have relevant to your person;
• correct any information that we hold that is incorrect;
• delete all information relating to you; or,
• transfer your data to another data controller, for example another online platform.

For any questions or queries regarding your information, please write to us at support@equitest.net.

Other privacy information

Our Policy Toward Children

The Websites or our Services are not intended for or targeted at children under 16 years old, and we do not knowingly or intentionally collect information about children under 16. If you believe that we have collected information about a child under 16, please contact us at support@equitest.net, so that we may delete the information. 

Changes to this Privacy Policy

Any information that we collect is subject to the Privacy Policy in effect at the time such information is collected.

We may change this privacy policy from time to time. We will post any privacy policy changes on this page, and if the changes are significant, we will provide a more prominent notice by adding a notice on the Service’s homepages, login screens, or by sending you an email notification. We will also keep prior versions of this Privacy Policy in an archive for your review.  We encourage you to review our Privacy Policy whenever you use the Services to stay informed about our information practices and the ways you can help protect your privacy.

If you disagree with any changes to this privacy policy, you will need to stop using the Services, including our websites, and deactivate your account(s), as outlined above.

Contacts
If you have any questions about this Privacy Policy, or our treatment of the information you provide us, please contact us using our "Contact Us" page.