Privacy Policy

1.       Data controller

Sciety AB, reg. no. 556990-3692 (“Sciety”), is the data controller for the processing of your personal data on the website www.sciety.se (the “Website”) and in our services. For information on how to contact us, see section 9 below.


2.       Entry into force and update of Privacy Policy

This Privacy Policy enters into force on 8th February 2016 and was last updated the 8 October 2018. 

If minor changes to this Privacy Policy are made, an updated version of the Privacy Policy will be published on the Website with information regarding when the updated version comes into effect. 
If we wish to make more significant changes in the Privacy Policy, you will receive information regarding this via e-mail. 

By visiting and using our Website, you consent to this Privacy Policy. 


3.       How your personal data is collected

We collect personal information about you when you visit and use the Website; become a member and/or create an account for yourself; contact customer service; sign up for our newsletter; sign up for events; and share your personal details by filling out forms on our Website and via third-party web- based solutions used by Sciety.

We may also collect personal information from public records and/or third-parties, to the extent necessary to administer the Website and our services. 

Our Website uses cookies and other similar technologies to collect information about you and the equipment you use. More information about our use of cookies is found in section 11 below.


4.       Which data is collected

Information that you give us
When you become a member on the platform or use our services, we may collect the following personal data from you: 
• full name,
• address, 
• date of birth,
• e-mail, 
• phone number, and
• profile picture (optional).

When you have become a member, Sciety may also collect personal data such as proof of identity, personal identity number and information about your employment status, income, purpose of investing and other personal data that we need in order to fulfill our obligations in accordance with relevant regulations. 
Sciety may also collect personal data that you give us when you contact our customer support.

Information that we collect
When you visit the Website, we will collect your Internet Protocol (IP) addresses, browser type and language, Internet service provider (ISP), referring and exit websites and applications, operating system, date/time stamp, and clickstream data.

When you have become a member, Sciety may also collect data from public registers in order to fulfill our legal obligations.


5.       The purpose of processing personal data


We store and processes your personal data for the following purposes.

To comply with our legal or regulatory obligations:
• In order to comply with the Swedish Act (2017:630) on Measures to Prevent Money Laundering and Terrorist Financing (Sw. Lagen om åtgärder mot penningtvätt och finansiering av terrorism) and other legal and regulatory requirements.
• To verify your identity and ensure that you are eligible to receive investment offerings and invest through the Website.

To carry out our obligations under our contracts:
• To administer your membership, investments and process payments.

To improve our service to you, we have a legitimate interest to use your personal data:
• To contact you regarding customer satisfaction and surveys.
• To monitor and improve the Website and our services.
• To solve and respond to customer support inquiries. 
• To perform market and customer analysis, market research, statistics, and business monitoring. 

To provide information about our services. By accepting this privacy policy, you accept that we use your personal data: 
• To promote companies and services provided by Sciety.
• To improve the effectiveness of advertising we provide to you and others.

We may contact you both via email, phone and via regular mail. 

If you do not want to us to process your personal data for recommendations or other direct marketing, please send an email to info@sciety.se.

6.       The period during which data is processed

We will not process your personal data for a longer period than necessary in order to fulfil the purposes of the processing, unless required by law or in order to protect Sciety’s legal interests.

We will delete your personal data, without undo delay, when you decide to cancel your membership, unless Sciety is required by law or regulations to store the data. If Sciety stores data after your membership has been cancelled, to fulfill its legal obligations, Sciety will delete your personal data once Sciety does no longer have a legal obligation to store the data.


7.       Security

All personal data is stored securely and is only accessed by authorized Sciety personal if need for support or service. We implement and maintain appropriate technical, security and organizational measures to protect your personal data against unauthorized or unlawful processing.


8.       Transfer of data

We will not sell, or otherwise distribute your personal data to third parties except as provided in this Privacy Policy.

Certain personal data may be disclosed to companies you have invested in through the Website, for the purpose of administration of their shareholders. If you are representative of a company that uses the Website to seek funding, you may also upload personal data about yourself or the company’s personnel or shareholders on the Website. If you do so, you are fully responsible that you have the appropriate legal ground for doing so. If you post comments on the Website, your comments will be displayed for other Website visitors along with your full name and if you use the Q&A questions on the website, your question will be displayed for other Website visitors.

We may also disclose your personal data to third-party service providers which have been selected by us to provide solutions for the Website and our Services. Some of the service providers we use are based outside of the EU/EES, which means that your personal data may be transferred and processed outside of the EU/EES. Only trusted third party service providers will be used. Our third-party providers are either certified under the EU-US Privacy Shield or follow the EU Commissions Standard Contractual Clauses. As a result, your personal data will be transferred in a secure way. You can read more about Privacy Shield here and the Standard Contractual Clauses here.

Personal data may also be disclosed to the Swedish Tax Agency (Sw. Skatteverket) for the purpose of filing documentation regarding capital distributions and tax relief, in order to safeguard Sciety’s interests, or otherwise as required by law, regulation or order of court or other legitimate government body or arbitration panel. 

We may also disclose certain personal information to affiliates, partners, consultants or potential buyers of all or part of Sciety for the purpose of enabling them to provide services to Sciety or for evaluation of the company. 


9.       Right to access, correction and objection

Whenever we process your personal data, we take responsible steps to ensure that your personal data is kept accurate and up-to date for the purpose which it was collected. 

We will provide you with the ability to object to the processing of your personal data if such processing is not reasonably required for a legitimate business purpose. In case of direct marketing or advertising, you can alter or withdraw your consent for how we use your personal data by contacting us in accordance with section 9.

You are entitled to once per calendar year, free of charge, by sending a written signed request to us, receive copies of all personal information about you which is processed by Sciety as well as information regarding the purpose of the processing. You are also entitled to ask for rectification, amending, erasure or blocking of any inaccurate personal data. 

In order to exercise any of these rights, please contact us by using the contact details below, stating your full name, proof of identity and the e-mail address used for registration:

E-mail: support@sciety.se

Address: Sciety AB, Grev Turegatan 9, 114 46 Stockholm 


10.   Update your profile 

If you notice that any of your personal information included in the “Account” section on the Website is inaccurate, please update it on the Website or send an e-mail to support@sciety.se.


11.   Cookies and other technologies

We use cookies and other technologies such as pixel tags and web beacons to remember certain information when you use our Website, online services, and applications, for the purpose of improving your experience on the Website. By using the Website, you accept that we use cookies. 

The type of cookies used by us can be categorized as Strictly Necessary; Performance; Functionality; and Profile and Targeting. The categories are based on the International Chamber of Commerce guide to cookies.

We use information collected by cookies and other technologies to understand and analyze trends, to administer the site, to learn about user behavior on the site, to improve our product and services, and to gather demographic information about our user base as a whole. We may also use information collected by cookies and other technologies for marketing and advertising purposes.  

You can choose to disable cookies in your web browser and you may also delete cookies that have already been placed on your hard drive. For further details please go to the help menu in your browser. Disabling or deleting cookies may prevent you from using the full range of services available on the Website.

Pixel tags enable us to send email messages in a format that customers can read, and they tell us whether e-mail has been opened. We may use this information to reduce or eliminate messages sent to customers.

In some of our email messages, we use a “click-through URL” linked to content on our Website or one of our portals. When customers click one of these URLs, they pass through a separate web server before arriving at the destination page on our Website. We track this click-through data to help us determine interest in particular topics and measure the effectiveness of our customer communications. If you prefer not to be tracked in this way, you should not click text or graphic links in the email messages.