Terms of Service

Last updated: June 2026

1. Acceptance of Terms

By accessing or using the Velturn platform (the "Service") operated by Velturn ("we", "us", or "our"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not access or use the Service. These Terms apply to all users, including visitors, registered users, and organizations.

2. Description of Service

Velturn provides a web-based inventory intelligence platform designed for plastics distributors. The Service allows authorized users to upload inventory export files and receive structured health snapshots, including identification of slow-moving inventory, write-down exposure, and inter-location transfer opportunities. Features may change over time at our discretion.

3. Account Registration

Access to the Service requires an account. You agree to provide accurate, complete, and current information during registration and to keep your credentials confidential. You are responsible for all activity that occurs under your account. Notify us immediately at yourinventoryagent@gmail.com if you suspect unauthorized use of your account. We reserve the right to terminate accounts that violate these Terms.

4. Acceptable Use

You agree to use the Service only for lawful purposes and in accordance with these Terms. You must not:

  • Upload data that you do not have the right to share or process
  • Attempt to reverse-engineer, decompile, or otherwise extract the source code of the Service
  • Use automated tools to scrape, crawl, or excessively query the Service
  • Introduce malware, viruses, or other harmful code
  • Circumvent or attempt to circumvent any authentication or security measures
  • Use the Service to compete with Velturn or to build a substantially similar product
  • Violate any applicable local, national, or international law or regulation

5. Intellectual Property

The Service, including all software, algorithms, designs, text, and graphics, is the exclusive property of Velturn and its licensors. These Terms do not grant you any ownership interest in the Service. The data you upload remains yours — we claim no ownership over your inventory files or the snapshots generated from them. You grant us a limited license to process your data solely to provide the Service.

6. Payment and Billing

Certain features of the Service may require a paid subscription. Pricing, billing cycles, and payment terms will be presented to you before you subscribe. Fees are non-refundable except as required by applicable law or as explicitly stated in your subscription agreement. We reserve the right to change pricing with reasonable advance notice to active subscribers.

7. Disclaimer of Warranties

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR COMPLETELY SECURE. INVENTORY HEALTH OUTPUTS ARE BASED SOLELY ON THE DATA YOU PROVIDE AND SHOULD NOT BE TREATED AS FINANCIAL OR ACCOUNTING ADVICE.

8. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, VELTURN SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, LOSS OF DATA, OR BUSINESS INTERRUPTION, ARISING OUT OF OR RELATED TO YOUR USE OF OR INABILITY TO USE THE SERVICE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. OUR TOTAL CUMULATIVE LIABILITY TO YOU FOR ANY CLAIMS ARISING UNDER THESE TERMS SHALL NOT EXCEED THE FEES YOU PAID TO US IN THE THREE MONTHS PRECEDING THE CLAIM.

9. Indemnification

You agree to indemnify, defend, and hold harmless Velturn and its officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising from your use of the Service, your violation of these Terms, or your violation of any rights of a third party.

10. Termination

Either party may terminate the relationship under these Terms at any time. You may close your account by contacting us. We may suspend or terminate your access if you violate these Terms, fail to pay applicable fees, or if we discontinue the Service. Upon termination, your right to use the Service ceases immediately. We will retain your data for a reasonable period to allow you to export it, after which it will be deleted in accordance with our data retention policy.

11. Governing Law

These Terms shall be governed by and construed in accordance with applicable law. Any disputes arising under or in connection with these Terms shall be resolved through good-faith negotiation. If negotiation fails, disputes shall be submitted to binding arbitration or the appropriate courts of the jurisdiction in which Velturn operates.

12. Changes to These Terms

We reserve the right to update these Terms at any time. When we do, we will revise the "Last updated" date at the top of this page. Continued use of the Service after changes are posted constitutes your acceptance of the revised Terms. We encourage you to review these Terms periodically.

13. Contact Us

If you have questions about these Terms, please contact us at:

Velturn
yourinventoryagent@gmail.com