Legal

Terms of Service and End User License Agreement.

Last updated 25 August 2026.

These Terms of Service and End User License Agreement (the “Agreement”) are a binding contract between you and Event Foundry Inc. (“Summely”, “we”, “us”) governing your access to and use of the Summely accounting software, applications, websites and APIs (the “Service”).

By creating an account or using the Service, you agree to this Agreement. If you are entering into it for an organization, you represent that you have authority to bind that organization, and “you” means that organization. If you do not agree, do not use the Service.

1. Definitions.

“Customer Data” means all data you or your Users submit to the Service, including your accounting records and uploaded documents.
“Organization” means a single set of books created in the Service.
“User” means an individual you authorize to access your Organization.
“Subscription” means a paid plan for an Organization.

2. Eligibility and accounts.

You must be at least 16 and able to form a binding contract. You are responsible for the accuracy of your account information, for keeping your credentials confidential, and for all activity under your account. Tell us promptly at security@summely.com if you suspect unauthorised access. We strongly recommend enabling two-factor authentication.

You are responsible for your Users, for the roles you grant them, and for their compliance with this Agreement.

3. License grant.

Subject to this Agreement and to payment of applicable fees, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Service, and to install and use our mobile and desktop applications on devices you own or control, solely for your internal business purposes during the term.

This is a license, not a sale. We and our licensors retain all right, title and interest in the Service.

Where you obtain the mobile application from the Apple App Store or Google Play, the license above is the one that governs it, and additional terms apply — see section 20.

Updates. The mobile applications update themselves. Some updates arrive through the app store in the ordinary way; others we deliver directly to the installed application, which downloads them in the background and applies them the next time you open it. Updates of both kinds are part of the Service and are covered by this Agreement. They may add, change or remove features as described in section 17. We do not use a direct update to change what the application does with your data, to add a capability the store did not review, or to request a permission the installed application does not already hold — changes of that kind ship as a new store release.

4. Restrictions.

You may not, and may not permit anyone else to:

copy, modify, translate or create derivative works of the Service;
reverse engineer, decompile or disassemble any part of the Service, except to the extent applicable law expressly permits despite this restriction;
rent, lease, lend, sell, sublicense, distribute or provide the Service as a service bureau to third parties, other than to your own Users;
remove or obscure any proprietary notice;
access the Service to build a competing product, or to benchmark it for publication without our written consent;
circumvent usage limits, seat counts, rate limits or access controls;
upload malware, or use the Service to store or transmit unlawful, infringing or abusive material;
interfere with the integrity or performance of the Service, or attempt to gain unauthorised access to it or to another customer’s data.

The API is provided for your own use of the Service and is subject to the same restrictions and to any published rate limits.

5. Free trial.

New Organizations receive a 15-day free trial. No credit card is required to start, and we will not charge you automatically at the end of it.

If you have not subscribed when the trial ends, the Organization becomes read-only: you keep access to your books, can run and export every report, and can subscribe at any time to resume writing. We do not delete your data because a trial expired. One trial is available per Organization.

6. Fees, billing and renewal.

Paid plans are billed in advance, monthly or annually, at the prices published at summely.com/pricing. Payments are processed by Stripe; by subscribing you authorize recurring charges to your payment method.

Subscriptions renew automatically for successive periods unless you cancel before the end of the current period. You may cancel at any time from the billing screen, effective at the end of the current period.

Fees exclude taxes, which you are responsible for except taxes on our income. Except where required by law, fees are non-refundable and there are no credits for partial periods. If payment fails, we may retry and then suspend writing to the Organization; your data remains available and exportable.

We may change prices on 30 days’ notice, effective at your next renewal. If you do not accept a change, you may cancel before it takes effect.

7. Customer Data.

Your books are yours. As between you and us, you own all Customer Data and all intellectual property in it. You grant us a worldwide, non-exclusive, royalty-free license to host, copy, transmit, display and process Customer Data solely to provide, secure and support the Service, and as instructed by you.

You represent that you have the rights necessary to submit Customer Data and that doing so does not violate any law or third-party right. You are responsible for its accuracy and legality.

We handle personal information in Customer Data as your processor, as described in our Privacy Policy.

8. Third-party services.

The Service can connect to third parties at your election — Plaid for bank feeds, Intuit QuickBooks for import, Google for sign-in, Stripe for payment. Your use of those services is governed by their own terms and privacy policies — for Plaid, its End User Privacy Policy. We are not responsible for third-party services, and their availability, accuracy and continuity are outside our control. Disconnecting them may limit features.

9. Confidentiality.

Each party may receive information the other treats as confidential. The receiving party will protect it with at least reasonable care, use it only to perform under this Agreement, and disclose it only to those who need it and are bound to comparable obligations. This does not apply to information that is public through no fault of the receiver, independently developed, or lawfully received from a third party, and does not prevent disclosure required by law where notice is given if permitted.

10. Intellectual property and feedback.

The Service, including its software, design and documentation, is protected by intellectual property laws and remains ours. If you send us suggestions or feedback, you grant us an unrestricted, perpetual, royalty-free license to use it without obligation to you.

11. Summely is software, not an accountant.

The Service does not provide accounting, tax, legal or financial advice, and does not file anything on your behalf. Figures it produces — including profit and loss, balance sheets, 1099 totals, sales tax and any figures extracted automatically from documents you upload — are yours to review and verify with a qualified professional before you rely on them or submit them to any authority.

Automated document extraction is probabilistic and produces drafts for your review; it is not a substitute for checking the figures against the source document. You are responsible for the accuracy of your books and for your regulatory and tax filings.

12. Disclaimers.

Except as expressly stated in this Agreement, the Service is provided “as is” and “as available”, without warranty of any kind, whether express, implied or statutory, including implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement. We do not warrant that the Service will be uninterrupted, error-free or secure, or that it will meet your requirements.

We aim to keep the Service available and to tell you when it is not, but we do not currently offer a contractual uptime commitment. Some jurisdictions do not allow the exclusion of implied warranties, so parts of this section may not apply to you.

13. Limitation of liability.

To the maximum extent permitted by law, neither party is liable for indirect, incidental, special, consequential, exemplary or punitive damages, or for lost profits, revenue, goodwill or anticipated savings, arising out of or relating to this Agreement, even if advised of the possibility.

To the maximum extent permitted by law, our total aggregate liability arising out of or relating to this Agreement will not exceed the greater of (a) the fees you paid us in the 12 months before the event giving rise to the claim, or (b) one hundred US dollars ($100).

These limits do not apply to either party’s liability for death or personal injury caused by negligence, fraud or fraudulent misrepresentation, or any liability that cannot lawfully be limited. Some jurisdictions do not allow certain limitations, so parts of this section may not apply to you.

14. Indemnification.

You will defend and indemnify us against third-party claims arising from your Customer Data, your use of the Service in breach of this Agreement, or your violation of law or third-party rights. We will notify you of the claim, give you control of the defense, and cooperate reasonably at your expense.

15. Suspension.

We may suspend access where required by law, where an account poses a security risk, where use materially breaches this Agreement, or where fees are overdue. Except in an emergency we will give notice and a chance to cure. During suspension for non-payment your data remains available to read and export.

16. Term, termination and export.

This Agreement runs from account creation until terminated. You may stop using the Service and close your account at any time. Either party may terminate for material breach not cured within 30 days of notice.

Closing your account and deleting your data are two different things, and cancelling a Subscription is a third. To have your account and its data deleted, use the account deletion request published at summely.com or write to privacy@summely.com from the email address on the account; the routes, the timing and what we may be required to keep are set out under “Deleting your account” in section 7 of our Privacy Policy. This is available however you signed up, including on iOS and Android, and does not require an active Subscription. Deletion is irreversible, so export what you need first.

Before you go, take your data. Every report exports and the API is available to you. On termination your license ends; we will make Customer Data available for export for 30 days, after which we may delete it in accordance with our Privacy Policy and applicable retention law. Sections that by their nature should survive — including 7, 9, 10, 11, 12, 13, 14 and 18 — survive termination.

17. Changes to the Service and to this Agreement.

We improve the Service continuously and may add, change or remove features. We will not materially degrade a core feature you rely on without notice. We may update this Agreement; if a change is material we will give at least 30 days’ notice by email or in the application, and continued use after it takes effect constitutes acceptance. If you do not accept, you may terminate and receive a pro-rata refund of prepaid, unused fees.

18. Governing law and disputes.

This Agreement is governed by the laws of the State of Colorado, United States, without regard to conflict-of-law rules. The parties submit to the exclusive jurisdiction of the courts located in Denver, Colorado, and each waives any objection to that venue. The UN Convention on Contracts for the International Sale of Goods does not apply.

Before filing a claim, each party agrees to try to resolve the dispute informally by contacting the other and negotiating in good faith for 30 days. Nothing prevents either party from seeking injunctive relief for infringement or misuse of confidential information.

If you are a consumer resident in the UK or EEA, you keep the benefit of any mandatory protections of the law of your country of residence.

19. General.

Entire agreement. This Agreement and the Privacy Policy are the entire agreement between us on this subject and supersede prior discussions. Assignment. You may not assign it without our consent; we may assign it to an affiliate or successor. Severability. If a provision is unenforceable, the rest remains in force. No waiver. Failure to enforce is not a waiver. Force majeure. Neither party is liable for delay caused by events beyond its reasonable control. Notices. We may notify you by email or in the application; notices to us go to legal@summely.com. Independent contractors. No partnership, agency or joint venture is created. Export and sanctions. You represent you are not subject to sanctions that would prohibit your use of the Service.

20. The mobile applications and the app stores.

This section applies only to the iOS and Android applications, and only to the extent you obtained one from an app store. Where it conflicts with anything else in this Agreement, this section governs for that application.

Your device. You are responsible for the device you install the application on, for its operating system, and for any carrier data charges. Features that depend on the device may be unavailable to you: unlocking with Face ID, Touch ID or a fingerprint requires hardware and an enrolment you have set up yourself, and where it is missing the application falls back to signing in with your password. Connecting a bank uses software supplied by Plaid that runs inside the application; your use of it is governed by Plaid’s own terms, as section 8 describes.

Biometric unlock. If you turn it on, the check is performed by your device’s operating system, which reports back only whether it succeeded. We never receive your biometric data. Anyone whose fingerprint or face is enrolled on your device can unlock the application, so treat the enrolments on your device as you would your password.

Apple. The license in section 3 is granted to you for use on any Apple-branded device you own or control, as permitted by the App Store Usage Rules in Apple’s Media Services Terms and Conditions, which are incorporated by reference. You acknowledge and agree that:

This Agreement is between you and us only, not with Apple. Apple is not responsible for the application or its content.
Apple has no obligation to furnish any maintenance or support for the application.
If the application fails to conform to any applicable warranty, you may notify Apple, and Apple will refund the purchase price you paid for the application, if any. To the maximum extent permitted by law, Apple has no other warranty obligation whatsoever, and any other claims, losses, liabilities, damages, costs or expenses attributable to a failure to conform to a warranty are our responsibility, subject to section 13.
We, not Apple, are responsible for addressing any claim by you or a third party relating to the application or your possession and use of it, including product liability claims, any claim that it fails to conform to a legal or regulatory requirement, and claims arising under consumer protection or similar legislation.
If a third party claims the application or your possession and use of it infringes that third party’s intellectual property rights, we, not Apple, are solely responsible for the investigation, defense, settlement and discharge of that claim.
You represent that you are not located in a country subject to a United States Government embargo, or designated by the United States Government as a “terrorist supporting” country, and that you are not listed on any United States Government list of prohibited or restricted parties.
Apple and its subsidiaries are third-party beneficiaries of this Agreement as it applies to the iOS application, and upon your acceptance Apple has the right, and is deemed to have accepted the right, to enforce this Agreement against you as a third-party beneficiary.

Google. Where you obtained the application from Google Play, your use is also subject to the Google Play Terms of Service. This Agreement is between you and us only; Google is not a party to it and is not responsible for the application.

Subscriptions bought elsewhere. Summely Subscriptions are sold by us and processed by Stripe, as section 6 describes. We do not sell subscriptions or any other purchase through in-app purchase, so cancellation, renewal and refunds are handled by us under section 6 and not by Apple or Google. If you ever purchase a Subscription through an app store, that store’s billing, cancellation and refund rules govern that purchase instead.

21. Contact.

Legal notices: legal@summely.com. Security reports: security@summely.com. Anything else: hello@summely.com.