Terms of Service
These terms govern your use of Skale (app.skale.me), a service operated by Skale S.A.S.. By creating an account or using the service you accept them.
Who we are
Skale is operated by Skale S.A.S., a company incorporated in the Republic of Colombia, NIT 901.392.145-1, domiciled in Bogotá, Colombia. You can reach us at contact@skale.me.
The service
Skale turns financial statements you upload into an Excel financial model: it reads the documents with AI, classifies the accounts, and builds a three-statement model with schedules, projections, ratios and a valuation. Skale also publishes free example models built from companies' public documents.
We keep improving Skale, so features may change, be added or be removed. We will tell you in advance about changes that materially reduce what a paid feature does.
Your account
- You need an account to build models and to download the free examples. You can sign up with Google or with an email address you confirm.
- You must be at least 18 years old and give accurate information.
- Keep your login credentials safe. You are responsible for activity under your account; tell us at contact@skale.me if you believe it has been compromised.
- If you use Skale on behalf of a company, you confirm that you are authorized to accept these terms for it.
Your files and models
You keep all rights to the documents you upload and to the models Skale builds from them. You give Skale S.A.S. the permission needed to store and process them only to provide the service to you — reading them, building and storing your models, and fixing problems you report or that stop the service from working.
You confirm that you have the right to upload the documents you send us and that doing so does not breach any confidentiality obligation or law. Do not upload documents that contain personal data of third parties beyond what is needed for the financial statements.
We do not sell your files or models, publish them, or use them to train AI models. How we handle personal data is described in our Privacy Policy.
AI-generated models: no financial advice
Models are produced automatically, with AI and rules, from the documents provided. They can contain errors — in what was read from a document, in how an account was classified, or in the assumptions used for projections. Review every model before relying on it.
Skale is a modelling tool. It does not give investment, financial, accounting, tax or legal advice, and nothing in a model or on the website is a recommendation to buy, sell or value any security or company. The free example models are illustrations built from public documents; they are not research on those companies, and the companies have not reviewed or endorsed them.
Acceptable use
You agree not to:
- use Skale in breach of any law, or to upload content you are not allowed to share;
- try to access other users' data, probe or break the security of the service, or interfere with its operation;
- scrape the service, download in bulk by automated means, or resell access to it;
- copy the service or use it to build a competing product.
We may suspend or close an account that breaks these rules, telling you why unless the law or security prevents it.
Credits and payments
Some features may require credits or payment. Prices, what each purchase includes and any conditions are shown before you pay. Unless the law says otherwise or we state it at the time of purchase, credits already used to build a model are not refundable. Rights you have under Colombian consumer protection law (Ley 1480 de 2011) are not affected.
Our property
The Skale software, website, brand, model templates and the structure of the Excel files are owned by Skale S.A.S.. You may use the Excel files you download — your own models and the free examples — for your own work, including sharing them with your colleagues, clients and advisers. You may not resell them or present them as your own product.
Availability and liability
We work to keep Skale available and accurate, but the service is provided “as is”, without guarantee that it will be uninterrupted or error-free, or that a model will be fit for a particular purpose.
To the extent the law allows, Skale S.A.S. is not liable for indirect or consequential losses, lost profits, or decisions taken on the basis of a model, and our total liability for any claim is limited to the amounts you paid us in the twelve months before it arose. Nothing in these terms limits liability that cannot be limited under Colombian law, such as for gross negligence or wilful misconduct.
Closing your account
You can stop using Skale at any time and ask us to delete your account at contact@skale.me. We delete your account, files and models as described in the Privacy Policy.
Changes to these terms
We may update these terms. The date at the top shows the latest version. If a change is significant, we will tell you by email or in the app before it takes effect; continuing to use Skale after that means you accept it.
Governing law
These terms are governed by the laws of the Republic of Colombia. Any dispute will be submitted to the competent courts of Colombia, without prejudice to the rights you have as a consumer in your country of residence.
Questions about these terms: contact@skale.me.