Terms of Use

Welcome to Portfolio Lab, a product of alphaAI Capital Management LLC (“alphaAI,” “we,” “us,” or “our”). These Terms of Use (“Terms”) govern your access to and use of Portfolio Lab, including the website at portfoliolab.ai, the Portfolio Lab application, and all related services (collectively, the “Service”). By accessing or using the Service, you agree to comply with and be bound by these Terms.

1. Acceptance of Terms

By accessing the Portfolio Lab website, creating an account, or using the Service in any way, you agree to these Terms and our Privacy Policy. If you do not agree to these Terms, do not access or use the Service.

2. Eligibility

You must be at least 18 years old and have the legal capacity to enter into contracts to use the Service. The Service is operated by a company based in the United States and is designed for the US market. If you access the Service from outside the United States, you do so on your own initiative and are solely responsible for compliance with applicable local laws and regulations. By using the Service, you represent and warrant that you meet these requirements.

3. Description of the Service

Portfolio Lab is an AI-powered strategy building tool that allows users to:

• Select assets and strategy types
• Generate AI-optimized investment strategies with backtested performance metrics
• Deploy strategies to a Paper Portfolio using simulated trading with real market data
• Receive daily briefings and performance analytics

Portfolio Lab is a software tool for strategy building and simulation. Portfolio Lab does not execute real-money trades, manage real assets, or provide personalized investment advice. See Section 8 (No Investment Advice) for important disclosures.

Portfolio Lab is a software subscription product for informational and educational purposes. Your use of Portfolio Lab does not create an investment advisory relationship, fiduciary relationship, or client relationship of any kind between you and alphaAI Capital Management LLC. No advisory agreement is entered into by subscribing to or using Portfolio Lab. alphaAI Capital Management LLC’s registration as an investment adviser with the SEC applies to its separately offered managed portfolio services, not to Portfolio Lab.

4. Account Registration and Security

4.1 Account Registration

To use the Service, you must create an account. You agree to provide accurate, current, and complete information during registration and to update such information to keep it accurate, current, and complete.

4.2 Account Security

You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to notify us immediately at support@portfoliolab.ai of any unauthorized use or security breach.

4.3 One Account Per Person

Each person may maintain only one Portfolio Lab account. Creating multiple accounts to circumvent usage limits, obtain additional free builds, or for any other purpose is prohibited and may result in termination of all associated accounts.

5. Subscription Tiers and Billing

5.1 Tiers

Portfolio Lab offers three subscription tiers: Explorer (free), Analyst (paid), and Quant (paid). Features, asset access, and usage limits vary by tier and are described on the pricing page at portfoliolab.ai.

5.2 Billing

Paid subscriptions are billed monthly or annually, as selected at the time of purchase. Payments are processed by Stripe, Inc. By subscribing, you authorize us to charge your payment method on a recurring basis until you cancel.

5.3 Price Changes

We reserve the right to change subscription prices. We will provide at least 30 days’ notice of any price increase. Price changes will take effect at the start of your next billing cycle following the notice period.

5.4 Cancellation

You may cancel your subscription at any time through your account settings. Upon cancellation, your paid tier access continues until the end of your current billing period. After that, your account reverts to the Explorer tier. Your most recent Builds and data are preserved, subject to Explorer tier limits.

5.5 Refunds

Subscription fees are non-refundable, except where required by applicable law. If you cancel within the first 7 days of your initial subscription and have not used paid features beyond the Explorer tier limits, you may request a refund by contacting support@portfoliolab.ai.

6. Acceptable Use

You agree not to:

• Use the Service for any illegal or unauthorized purpose.
• Modify, adapt, reverse engineer, decompile, or hack the Service or its underlying algorithms.
• Attempt to access any data, systems, or information you are not authorized to access.
• Interfere with or disrupt the Service or its infrastructure.
• Use the Service to transmit viruses, malware, or any other malicious code.
• Scrape, crawl, or use automated means to extract data from the Service.
• Resell, redistribute, or commercially exploit the Service or any data generated by the Service without our prior written consent.
• Share your account credentials with others or allow others to access your account.
• Circumvent usage limits, tier restrictions, or any technical measures we implement.
• Violate any applicable laws or regulations.

7. Intellectual Property

7.1 Our Property

The Service, including all software, algorithms, AI models, designs, text, graphics, and other content, is owned by alphaAI Capital Management LLC and is protected by copyright, trademark, and other intellectual property laws. You are granted a limited, non-exclusive, non-transferable, revocable license to access and use the Service for your personal, non-commercial purposes, subject to these Terms.

7.2 Strategy Output

Strategies generated by Portfolio Lab are produced using our proprietary AI models and optimization algorithms. While you may use the strategy results for your own personal investment decisions, the underlying models, algorithms, parameters, and methodology remain our intellectual property. You may not reproduce, distribute, sell, or commercially exploit the strategy outputs or any derivative works based on them.

7.3 Feedback

If you provide feedback, suggestions, or ideas about the Service, you grant us a perpetual, irrevocable, non-exclusive, royalty-free license to use, modify, and incorporate that feedback into the Service without obligation to you.

8. No Investment Advice

Portfolio Lab is a strategy building and simulation tool offered as a software subscription. It does not provide personalized investment advice, recommendations, or solicitations to buy or sell any securities. Your use of Portfolio Lab does not create an advisory, fiduciary, or client relationship between you and alphaAI Capital Management LLC. You are not entering into an investment advisory agreement by subscribing to or using the Service.

All strategies generated by the Service are based on AI models and historical data analysis. Strategy results, including backtested performance metrics, are simulated and hypothetical. They do not represent actual trading and do not guarantee future results.

You acknowledge and agree that:

• All investment decisions are your own. You are solely responsible for evaluating whether any strategy is appropriate for your financial situation, risk tolerance, and investment objectives.
• Past performance, including backtested and simulated results, is not indicative of future results.
• Paper Portfolio results use real market data but do not involve real money and do not account for all factors that would affect real trading (such as liquidity constraints, market impact, and tax implications).
• You should consult with a qualified financial advisor, tax professional, or legal counsel before making any investment decisions.
• Investing in securities involves risk, including the risk of loss of principal.

alphaAI Capital Management LLC is an investment adviser registered with the US Securities and Exchange Commission. This registration does not extend to any other jurisdiction. The Service is not registered, licensed, authorized, or regulated by any financial regulatory authority outside the United States. Nothing in the Service constitutes an offer or solicitation to provide investment advisory services in any jurisdiction where such offer or solicitation would be unlawful.

8.1 Relationship to alphaAI Capital Managed Portfolios

alphaAI Capital Management LLC separately offers managed portfolio services (“alphaAI Capital”) for users who wish to deploy strategies with real money. alphaAI Capital is a distinct service governed by its own investment advisory agreement, terms of service, disclosures, and regulatory requirements. Subscribing to Portfolio Lab does not enroll you in alphaAI Capital. No advisory relationship exists unless you independently sign up for alphaAI Capital and execute a separate investment advisory agreement. Portfolio Lab and alphaAI Capital have independent billing, and subscribing to one does not obligate you to subscribe to the other.

9. Paper Portfolio

The Paper Portfolio feature uses Alpaca Securities LLC’s paper trading API to simulate strategy execution with real market data and virtual money. You acknowledge that:

• Paper Portfolio results are simulated. No real money is at risk.
• Paper trading does not perfectly replicate real trading conditions (e.g., execution slippage, liquidity constraints, partial fills).
• Paper Portfolio performance should not be relied upon as a predictor of real trading performance.
• We may modify, suspend, or discontinue the Paper Portfolio feature at any time.

10. Community Features

Portfolio Lab may offer community features such as leaderboards, trending assets, and build discovery. By using the Service, you acknowledge and agree that:

• Anonymized and aggregated data from your Builds and Paper Portfolios may be used to power community features, as described in our Privacy Policy.
• Leaderboard rankings and community metrics are for informational and entertainment purposes only. They are not endorsements, recommendations, or investment advice.
• We are not responsible for any investment decisions you make based on community data, rankings, or other users’ strategies.

11. Third-Party Services

The Service integrates with third-party providers, including Stripe (payments), Alpaca Securities (paper trading), and PostHog (analytics). Your use of these third-party services is subject to their respective terms and privacy policies. We are not responsible for the practices or availability of third-party services.

12. Termination

We may terminate or suspend your access to the Service at any time, with or without notice, for any reason, including but not limited to a violation of these Terms. Upon termination:

• Your right to access the Service ceases immediately.
• We may delete your account data after a reasonable retention period, except where retention is required by law.
• Provisions of these Terms that by their nature should survive termination (including Sections 7, 8, 13, 14, 15, and 16) will survive.

You may terminate your account at any time by contacting support@portfoliolab.ai or through your account settings.

13. 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, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE, OR THAT ANY DEFECTS WILL BE CORRECTED.

WE MAKE NO WARRANTIES OR REPRESENTATIONS ABOUT THE ACCURACY, RELIABILITY, OR COMPLETENESS OF ANY STRATEGY, BACKTEST RESULT, PERFORMANCE METRIC, OR OTHER CONTENT PROVIDED THROUGH THE SERVICE. ALL STRATEGIES AND RESULTS ARE GENERATED BY AI MODELS AND ARE HYPOTHETICAL AND SIMULATED.

WE MAKE NO REPRESENTATION THAT THE SERVICE IS APPROPRIATE OR AVAILABLE FOR USE IN ANY JURISDICTION OUTSIDE THE UNITED STATES. THE ASSET UNIVERSE, MARKET DATA, AND TRADING SIMULATIONS ARE BASED ON US-LISTED SECURITIES AND US MARKET CONDITIONS.

14. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ALPHAAI CAPITAL MANAGEMENT LLC, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AND AFFILIATES SHALL NOT BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY DAMAGES WHATSOEVER, INCLUDING BUT NOT LIMITED TO DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, ARISING OUT OF OR IN CONNECTION WITH:

• YOUR ACCESS TO, USE OF, OR INABILITY TO USE THE SERVICE, THE WEBSITE, OR ANY CONTENT.
• ANY INVESTMENT DECISIONS YOU MAKE BASED ON STRATEGIES, RESULTS, PERFORMANCE METRICS, COMMUNITY DATA, OR ANY OTHER INFORMATION PROVIDED BY OR THROUGH THE SERVICE.
• ANY UNAUTHORIZED ACCESS TO OR ALTERATION OF YOUR ACCOUNT, DATA, OR TRANSMISSIONS.
• ANY ERRORS, INACCURACIES, OR OMISSIONS IN STRATEGY RESULTS, PERFORMANCE METRICS, PAPER PORTFOLIO DATA, OR OTHER CONTENT.
• ANY INTERRUPTION, SUSPENSION, OR CESSATION OF THE SERVICE.
• ANY LOSS OF PROFITS, REVENUES, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES.
• ANY ACTIONS TAKEN OR NOT TAKEN IN RELIANCE ON THE SERVICE.

THIS LIMITATION APPLIES REGARDLESS OF THE LEGAL THEORY ON WHICH THE CLAIM IS BASED, INCLUDING BUT NOT LIMITED TO CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, WARRANTY, OR ANY OTHER THEORY, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

YOU ACKNOWLEDGE AND AGREE THAT YOUR SOLE AND EXCLUSIVE REMEDY FOR ANY DISPUTE WITH US IS TO DISCONTINUE YOUR USE OF THE SERVICE. IN NO EVENT SHALL OUR TOTAL AGGREGATE LIABILITY EXCEED ZERO DOLLARS ($0.00).

Some jurisdictions do not allow the exclusion or limitation of certain damages. In such jurisdictions, our liability shall be limited to the fullest extent permitted by applicable law.

15. Assumption of Risk

You expressly acknowledge and agree that:

• Use of the Service is entirely at your own risk.
• The Service provides simulated, hypothetical, and AI-generated strategies and results that may contain errors, inaccuracies, or omissions.
• You are solely responsible for any and all investment decisions you make, whether or not informed by the Service.
• No information provided by the Service constitutes investment advice, a recommendation, or a solicitation.
• You assume full responsibility for any financial losses, tax consequences, or other damages resulting from your use of the Service or your reliance on any content provided by the Service.

16. Indemnification

You agree to indemnify, defend, and hold harmless alphaAI Capital Management LLC and its officers, directors, employees, agents, and affiliates from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys’ fees) arising out of or in connection with:

• Your access to or use of the Service.
• Your violation of these Terms.
• Your violation of any applicable law or regulation.
• Any investment decisions you make based on the Service.
• Any claim by a third party arising from your use of the Service.

17. Governing Law and Dispute Resolution

These Terms are governed by and construed in accordance with the laws of the State of California, without regard to its conflict of law principles. Any dispute arising out of or relating to these Terms or the Service shall be resolved exclusively in the state or federal courts located in San Francisco, California, and you consent to the personal jurisdiction of such courts.

18. Changes to Terms

We reserve the right to update or modify these Terms at any time. If we make material changes, we will notify you by email or by posting a notice on the Service at least 30 days before the changes take effect. Your continued use of the Service after the effective date of the revised Terms constitutes your acceptance of the changes.

19. Miscellaneous

• Entire Agreement: These Terms, together with our Privacy Policy, constitute the entire agreement between you and alphaAI regarding the Service.
• Severability: If any provision of these Terms is found to be unenforceable, the remaining provisions will continue in full force and effect.
• Waiver: Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.
• Assignment: You may not assign your rights or obligations under these Terms without our prior written consent. We may assign our rights and obligations without restriction.

20. Contact Information

If you have any questions or concerns regarding these Terms, please contact us at:

Portfolio Lab by alphaAI Capital Management LLC

Email: support@portfoliolab.ai

By accessing or using the Service, you acknowledge that you have read, understood, and agreed to these Terms of Use.

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