QuantPillar Inc. is a provider of financial software, data analytics, and professional valuation services. The following disclosures are critical to understanding the scope, limitations, and nature of our Platform and Services.

1. Valuation Services & Expert Opinions

1.1 Not an Audit or Assurance: QuantPillar valuation reports (including QuantVal™ automated reports and Expert Opinions) are NOT audits, reviews, or compilations of financial statements under Generally Accepted Auditing Standards (GAAS). We rely entirely on the representations and financial data provided by Client management.

1.2 No Legal or Tax Advice: QuantPillar does not provide legal, tax, or accounting advice.

409A Valuations (US): While our reports utilize methods consistent with IRS Sec. 409A Safe Harbor regulations, the IRS retains ultimate authority. We do not guarantee audit outcomes.
Section 85 Rollovers (Canada): Our reports serve as a "Bona Fide Attempt" at Fair Market Value to support Price Adjustment Clauses. Clients must consult tax counsel for proper filing and legal structuring.

2. League Tables and Indexes (e.g., NICI, Texas, and Similar Rankings)

QuantPillar's league tables and indexes, including but not limited to the National Innovation Capital Index (NICI), Texas league table, and any regional, sector-specific, or thematic rankings (collectively, "League Tables"), are proprietary analytical tools designed to provide high-level insights into private companies based on aggregated data, metrics, and algorithms. These are for informational purposes only and are targeted at sophisticated users such as venture capitalists, private lenders, and angel investors.

2.1 Methodologies and Data Sources

Rankings and scores (e.g., NICI scores, solvency rankings, valuation estimates) are derived from QuantPillar's proprietary formulas, which may incorporate user-provided data, third-party sources (e.g., public filings, market comparables), and AI-driven analysis (e.g., QuantCore™ for intangibles assessment). Key factors include, but are not limited to, intangible assets, capital efficiency, market potential, runway projections, and stress tests. Assumptions (e.g., growth rates, betas) are based on historical data and scenarios but may vary. Data may be unverified, estimated, or incomplete, as indicated on the pages (e.g., "UNVERIFIED" entries). We follow a hierarchy of sources: verified user inputs first, then third-party data, with outliers handled via predefined tolerance ranges to ensure consistency. Detailed methodologies are available in our whitepapers or upon request, but we reserve proprietary elements.

2.2 Limitations and Risks

League Tables are opinions based on available data and do not guarantee accuracy, completeness, or timeliness. Private market valuations and rankings are inherently subjective, illiquid, and volatile, subject to economic obsolescence, market changes, or external factors (e.g., regulatory shifts). Inclusion, exclusion, or ranking in any League Table does not imply endorsement, creditworthiness, investment merit, or future performance. Past rankings are not indicative of future results, and users may experience total loss of investment. Forward-looking elements (e.g., solvency scores) involve uncertainties and may differ materially from actual outcomes. See Section 4 for more on forward-looking statements.

2.3 Not Investment Advice or Recommendations

League Tables are not credit ratings, investment recommendations, guarantees, or endorsements under any securities laws. QuantPillar is not a registered investment adviser, broker-dealer, or rating agency. Users must conduct independent due diligence and consult professionals before relying on this information for decisions. We disclaim any liability for losses arising from use of League Tables.

3. QuantTerminal™ Market Data

Data displayed on QuantTerminal™ (including public market comparables, betas, and volatility metrics) is sourced from third-party feeds and our proprietary algorithms. While we strive for accuracy, we do not warrant that market data is error-free or real-time. QuantPillar is not a registered investment advisor or broker-dealer.

4. Forward-Looking Statements

Our reports and platform tools often project future financial performance based on assumptions provided by management or market scenarios. These "Forward-Looking Statements" involve inherent risks and uncertainties. Actual results may differ materially. QuantPillar accepts no liability for decisions made based on these projections.

5. Independence & Conflict of Interest

QuantPillar maintains operational independence. Our fees are fixed and never contingent on the conclusion of value or the closing of a transaction. We do not act as an agent, underwriter, or financier for any Client we value.

Reports and online pages may contain estimates or unverified data; we give no warranty against market changes or illiquidity. Users assume all risks of reliance.

6. Contact

For questions regarding these disclosures:

QuantPillar Compliance
Email: hello@quantpillar.com

Legal Disclosures