Terms of service
Version v1-2026-08-15 · Cordero Management ApS · CVR 44895048, Copenhagen
The short version. VCOS assesses companies and shows them to investors whose
mandate actually fits. An AI produces the assessment and a person reviews it before any investor
sees it. It is not investment advice, it is not a recommendation to invest, and it is no
guarantee that anyone will fund you. You keep your business information. We keep the assessment
we produced, and you can see it, dispute it, take a copy, or have it deleted.
1Who these terms are between
VCOS is operated by Cordero Management ApS, CVR 44895048, Copenhagen, Denmark
("VCOS", "we"). These terms apply to everyone who uses the service: founders who submit a company
for assessment, and investors who use the investor portal ("you").
VCOS is a service for businesses. By using it you confirm you are acting for a business or in a
professional capacity, not as a consumer.
2What VCOS does
We assess companies across five dimensions, classify the outcome trajectory we think fits, and
match companies to investors whose stated mandate can serve that outcome. Assessments are produced
by AI agents and reviewed by a named person at VCOS before release.
3What VCOS is not
This section matters more than any other, so it is stated plainly rather than buried.
- Not investment advice. Nothing VCOS produces is financial, investment, legal
or tax advice, and it is not a personal recommendation to any investor or founder.
- Not a promise of funding. Submitting a company creates no entitlement to be
matched, shown to any investor, contacted, or funded. Most companies will not raise.
- Not a broker or intermediary. We do not arrange, negotiate or execute
investments, do not hold client money, and take no fee or commission on any transaction.
- Not verified fact. Assessments are opinions produced substantially by AI.
Where a judgement is a model inference we label it as one. External checks may be incomplete
or unavailable, and we say so in the assessment rather than implying a check was performed.
- Not diligence. An investor must run their own. Nothing here substitutes for
it.
4Your responsibilities
- Give us accurate information, and do not knowingly mislead an assessment.
- Only submit information you have the right to submit. Do not send someone else's
confidential information, personal data about people who have not agreed to it, or anything
covered by an obligation of confidence you owe elsewhere.
- Do not attempt to break, overload, scrape or reverse-engineer the service.
- If you are an investor: treat what you see about a company as confidential, use it only to
evaluate a potential investment, and do not redistribute it.
5Who owns what
You keep everything you send us. Your business information remains yours. You
grant us permission to use it to run the assessment, to show the result to matched investors after
a person has released it, and to improve how VCOS assesses companies.
We keep the assessment we produced — the scores, the reasoning, the trajectory
classification and the record of how it was reached. That record is also what lets you see and
dispute it, and what lets us evidence how you were treated.
The VCOS platform, the assessment methodology and the name are ours.
6What we commit to
These are the commitments in our charter, restated here so they are
contractual rather than merely published:
- Nobody can buy a ranking. No company can pay to be scored higher, ranked
higher, shown sooner or shown more often. No investor can pay for first look or preferential
placement.
- No exclusivity. You are free to raise anywhere, with anyone, at any time.
We ask for no right of first refusal and no obligation to route a round through us.
- A person is accountable. No assessment reaches an investor without a named
person releasing it, and no dispute is resolved without a named person deciding it.
- Your data leaves with you. You can request everything we hold in a
machine-readable format, and you can ask us to delete it.
- You can dispute an assessment. Any released assessment can be formally
contested. A person reviews it — not the model that produced it — and investors can see that
it is disputed while it is open.
If we change one of these commitments, the change and its date will appear on this page and in
the charter. We will not quietly edit them.
7Personal data
How we handle personal data is set out in the privacy notice, which forms
part of these terms. Nothing here limits your rights under the GDPR.
8Availability
VCOS is provided as-is. We do not promise it will be uninterrupted or error-free, and we may
change, suspend or withdraw features. We will give reasonable notice of a material change where we
can.
9Liability
Nothing in these terms limits liability for death or personal injury caused by negligence, for
fraud or fraudulent misrepresentation, or for anything else that cannot lawfully be limited under
Danish law.
Subject to that, and because VCOS is provided free of charge at present:
- We are not liable for indirect or consequential loss, loss of profit, loss of opportunity,
loss of anticipated investment, or loss of goodwill.
- We are not liable for any decision you take, or that anyone else takes, on the basis of an
assessment. Investment decisions are made by investors, not by VCOS.
- Our total liability arising from your use of VCOS is limited to the greater of the fees you
paid us in the twelve months before the claim, or EUR 1,000.
10Ending it
You can stop using VCOS at any time and ask us to delete your data. We may suspend or end access
if you breach these terms, and will say why. Sections 3, 5, 9 and 11 survive.
11Law and disputes
These terms are governed by Danish law. Disputes go to the courts of Denmark,
with the City Court of Copenhagen (Københavns Byret) as the court of first instance.
Talk to us first — raul@corderomgmt.com. Most things
are quicker to fix than to litigate.
12Changes
We may update these terms. The version and date at the top always reflect the current text, and
material changes will be notified to registered users. Continuing to use VCOS after a change means
you accept the updated terms.
Status. Version 1, published 2026-08-15. These terms have been drafted but not
yet reviewed by external counsel. We are publishing them because having no terms at all is worse
than having terms that are clear, fair and open to correction — and we would rather you
knew where we stand. If counsel changes anything material, the change and its date will appear
here.