Terms of Service

Last updated: February 2026

1. Acceptance of Terms

By accessing or using Terrain ("the Service"), operated by Ambrosia Ventures LLC ("Company", "we", "us"), you agree to be bound by these Terms of Service ("Terms"). If you are using the Service on behalf of an organization, you represent that you have authority to bind that organization to these Terms.

2. Description of Service

Terrain is a market intelligence platform for life sciences professionals. It provides market sizing, competitive landscape, partner discovery, and regulatory intelligence services. All analyses are generated using proprietary algorithms applied to publicly available data sources including ClinicalTrials.gov, FDA databases, SEC filings, and published epidemiological literature.

3. Account Registration

You must register for an account to use the Service. You agree to provide accurate, current, and complete information during registration and to keep your account information updated. You are responsible for maintaining the confidentiality of your credentials and for all activity under your account. Notify us immediately if you suspect unauthorized access.

4. Subscription Plans & Billing

The Service offers Free, Pro ($149/month), and Team ($499/month) subscription tiers. Each tier provides different access levels and usage limits as described on our pricing page.

  • Paid subscriptions are billed monthly in advance via Stripe
  • You may cancel at any time; access continues until the end of the billing period
  • No refunds are provided for partial billing periods
  • We reserve the right to change pricing with 30 days' notice
  • Free tier usage limits reset on the first of each calendar month (UTC)

5. Acceptable Use

You agree not to:

  • Use the Service for any unlawful purpose
  • Attempt to gain unauthorized access to any part of the Service
  • Use automated tools (bots, scrapers) to access the Service without our written consent
  • Redistribute, resell, or sublicense access to the Service or its outputs
  • Misrepresent Terrain outputs as your own proprietary research without attribution
  • Interfere with or disrupt the Service's infrastructure
  • Upload malicious code or content

6. Intellectual Property

Your Content

Reports and analyses you generate through Terrain are yours to use for your business purposes, including internal decision-making, board presentations, investor communications, and deal documentation.

Our Property

The Service itself — including its algorithms, data compilations, indication databases, pricing benchmarks, design system, and source code — remains the exclusive property of Ambrosia Ventures LLC. Nothing in these Terms grants you rights to our underlying intellectual property.

7. Disclaimer of Warranties

Important — Please Read Carefully

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR COMPLETELY SECURE.

The market intelligence, analyses, and data provided through Terrain are for informational purposes only and do not constitute financial, investment, legal, medical, or regulatory advice. While we strive for accuracy using published data sources, we make no guarantees regarding the completeness, reliability, timeliness, or accuracy of any analysis. Market conditions, epidemiological data, and regulatory environments change rapidly.

You should independently verify all data before making business, investment, or regulatory decisions. Terrain is a decision-support tool, not a substitute for professional advisory services, clinical judgment, or regulatory counsel.

8. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, AMBROSIA VENTURES LLC SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, OR BUSINESS OPPORTUNITIES ARISING FROM YOUR USE OF THE SERVICE. OUR TOTAL LIABILITY SHALL NOT EXCEED THE AMOUNT YOU PAID US IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM.

9. Indemnification

You agree to indemnify and hold harmless Ambrosia Ventures LLC, its officers, directors, employees, and agents from any claims, damages, losses, or expenses (including reasonable attorney's 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

We may suspend or terminate your access to the Service at any time, with or without cause, with or without notice. You may terminate your account at any time by contacting us. Upon termination, your right to use the Service ceases immediately. Provisions that by their nature should survive termination (including ownership, warranty disclaimers, indemnification, and limitation of liability) will survive.

11. Governing Law

These Terms are governed by the laws of the State of Delaware, without regard to conflict of law principles. Any disputes arising under these Terms shall be resolved in the state or federal courts located in Delaware.

12. Changes to Terms

We may modify these Terms at any time. Material changes will be communicated via email or platform notification at least 30 days before taking effect. Your continued use of the Service after changes take effect constitutes acceptance. If you disagree with the updated Terms, you should discontinue use and close your account.

13. Contact

For questions about these Terms, contact us at legal@ambrosiaventures.co.

Ambrosia Ventures LLC