Terms of Service

1. Acceptance of terms

By creating an account, requesting an API key, or otherwise using Thesma, you agree to these Terms. If you do not agree, do not use Thesma. If you are using Thesma on behalf of an organisation, you confirm that you have authority to bind that organisation to these Terms.

2. Service description

Thesma is a developer API that normalizes US government open data from SEC EDGAR, the US Census Bureau, and the Bureau of Labor Statistics into JSON responses. We also provide a developer portal, a web-based screener, an MCP server, and bulk export endpoints on certain tiers. The underlying facts we serve are in the US public domain; our normalized representation of them is governed by Section 5.

3. Accounts

You register with an email address and a password, and we issue API keys tied to your account. Each account is for one person or one organisation. Do not share your credentials or API keys with parties outside your organisation, and do not create multiple accounts to work around rate limits or tier caps. You are responsible for any activity under your account and for keeping your API keys secret.

4. Fees and payment

Paid tiers are billed monthly in advance through Stripe at the prices listed on our pricing page. You authorise us to charge your payment method for each billing cycle until you cancel. We offer pro-rated refunds within 30 days of any charge — contact us and we will sort it out. Taxes, where applicable, are added in accordance with local law.

5. Your use of Thesma data

This section governs your use of data obtained from Thesma. Our position is broadly permissive; the grey-area questions below are answered directly.

5.1 Two layers of Thesma data

5.2 Allowed uses

The following are explicitly permitted without any separate negotiation:

• Build commercial products (SaaS, internal tools, dashboards, reports, newsletters).
• Display Thesma data to your users, including in paid products.
• Cache API responses for any duration that makes sense for your product.
• Derive analysis, insights, and metrics, and sell those derived outputs.
• Export data via bulk endpoints within your subscription tier and retain what you have exported.
• Use API responses as context in LLM/RAG applications.
• Include the underlying facts in reports, research, and user-facing content, with or without attribution.
• Continue using data you already cached or exported after your subscription ends.

5.3 Grey-area questions, answered

5.4 Prohibited uses

• Circumventing rate limits (multiple accounts, automated account rotation, scraping, proxy rotation).
• Re-serving our normalized API responses as a competing data API or dataset.
• Reselling raw bulk API responses as a data product.
• Using the Thesma name, logo, or branding in a way that implies endorsement.
• Reverse-engineering the service for the purpose of replicating it.

5.5 Enforcement

Rate limits and tier-based pricing are the primary enforcement mechanism. Customers operating within their tier and using the data within the allowed scope are in good standing; we will not interpret the "not allowed" clauses to restrict legitimate downstream use.

6. Prohibited conduct

In addition to the data-use restrictions in Section 5.4, you agree not to: circumvent rate limits by creating multiple accounts, rotating proxies, or automating account rotation; reverse-engineer the service for the purpose of replicating it; probe, scan, or test the vulnerability of the service without prior written permission; or use Thesma for any unlawful purpose or to facilitate unlawful activity.

7. Intellectual property

The underlying facts served by Thesma are in the US public domain. Thesma's normalized representation — canonical field names, schema, cross-dataset joins, derived metrics, and the compiled dataset as a whole — is our work and is governed by Section 5. The Thesma name, logo, and branding are trademarks of Quorum Holdings Ltd; Section 5.4 governs how you may refer to Thesma in your own materials.

8. Service changes, suspension, termination

We may change, suspend, or discontinue parts of the service with reasonable notice. You may cancel at any time from the developer portal; cancellation takes effect at the end of the current billing cycle. We may suspend or terminate your account for material breach of these Terms, including the prohibited conduct in Sections 5.4 and 6. If we terminate a paid account without cause, we will refund the unused portion of your current billing cycle on a pro-rated basis.

9. Warranty disclaimer

Thesma is provided "AS IS" and "AS AVAILABLE", without warranties of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose, accuracy, completeness, or non-infringement. We do not warrant that the service will be uninterrupted, error-free, or that any particular data point is accurate or current. You are responsible for validating Thesma data against your own use case before relying on it.

10. Limitation of liability

To the maximum extent permitted by law, our aggregate liability arising out of or in connection with these Terms or your use of Thesma is capped at the total amounts you have paid to us in the twelve months preceding the event giving rise to the claim. For free-tier users, this cap is the lowest amount permitted by applicable law. We are not liable for indirect, incidental, consequential, or special damages, including loss of profits, loss of data, or loss of business opportunity. Nothing in these Terms excludes or limits liability that cannot be excluded under English law (including liability for death or personal injury caused by negligence, or for fraud).

11. Indemnification

You agree to indemnify and hold Quorum Holdings Ltd, its officers, and its contractors harmless from any claim, loss, or expense (including reasonable legal fees) arising out of your use of Thesma in breach of these Terms, your violation of any law, or your infringement of any third-party right through your use of the service.

12. Governing law and disputes

These Terms are governed by the laws of England & Wales. You and Quorum Holdings Ltd agree that the courts of England and Wales have exclusive jurisdiction to resolve any dispute arising out of or in connection with these Terms, except that we may seek injunctive relief in any jurisdiction where it is needed to protect our intellectual property.

13. Changes to these Terms

We will notify affected developers by email when we make material changes to these Terms. Continued use of Thesma after a notified change takes effect constitutes acceptance of the updated Terms. If you do not accept a change, you may cancel your account before the change takes effect.

14. Contact

For general questions about these Terms, email hello@thesma.dev. For privacy matters and data subject requests, email privacy@thesma.dev.