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Privacy Policy

Last Updated: February 4, 2021


Verdex Capital d/b/a Carrot Ventures (“Carrot” or the “Company”) recognizes the importance of privacy and the sensitivity of personal information and is committed to protecting all personal information which it collects, uses, and/or discloses. To strengthen that commitment, Carrot has adopted and implemented the principles set out below in this external privacy notice (the “Privacy Notice”). This Privacy Notice applies to the external privacy practices of Carrot, including on its website, located at

Collection and Use of Personal Information

Carrot collects and uses personal information for purposes that include:

  • Social Media:
    We may offer you the opportunity to engage with Carrot or its content on or through third-party social media websites, plug-ins and applications. When you engage with us on or through third-party social media websites, plug-ins and applications, you may allow us to have access to certain information associated with your social media account (e.g., name, username, email address, profile picture) to deliver content or as part of the operation of the website, plug-in or application.
  • Marketing Communications:
    You may select if you wish to receive email marketing communications with updates and other information regarding Carrot by providing us with your name and email.You can opt out of receiving marketing emails from us using the opt-out or “unsubscribe” instructions provided in the communication. Alternatively, you may contact our Privacy Officer at
  • Contact:
    When you contact us with a comment or question, we collect the information you provide such as your full name, email address, phone number, subject, and the content of your message to help us respond to your inquiry. We retain this information to assist you in the future requests, for continuity of service, and to improve our customer service and service offerings. We also use personal information to establish and manage our relationship with you and provide quality service.
  • Enabling Features of our Website
    Carrot and our third party service providers, including Google Analytics and UserHeat, collect, process, store and analyze information obtained from your browser when you visit our website, including IP address, device identifiers, browser characteristics, operating system details, language preferences, referring URLs, length of visits, cursor activity on the Website, and pages viewed. We also use “cookies” or other tools that track, measure and analyze the behaviors and usage patterns of visitors to the website. We use this information to help us understand how visitors engage with the website and to improve our visitors’ experience.A cookie is a tiny element of data that the website can send to your browser, which may then be stored on your computer or mobile device so we can recognize you when you return. We use cookies for analytics purposes as well as for certain features of the website. You may set your web browser to notify you when you receive a cookie or to not accept certain cookies. However, if you decide not to accept cookies from the website, you may not be able to take advantage of all of the features of our website.You can obtain additional information on Google Analytics’ collection and processing of data and data privacy and security, including how to learn more about opting out of Google Analytics’ data collection.Your web browser may have settings that allow you to transmit a “Do Not Track” signal when you visit various websites or use online services. Like many websites, this website is not designed to respond to “Do Not Track” signals received from browsers. You can learn more about “Do Not Track” signals here.

Sharing of Personal Information

Except as set forth in this Privacy Notice and as required or permitted by law, Carrot does not sell or share your personal information with third parties without your consent.

  • Third Party Employers
    When you apply for a work opportunity through Carrot, the personal information you have chosen to provide us may be shared with third party employers who receive your application.
  • Service Providers
    Your personal information may be transferred (or otherwise made available) to our affiliates and other third parties who provide services on our behalf, including Google, LinkedIn, MailChimp, Accrue Performance Marketing and Lions Park Computers. We use third parties for purposes that include hosting and managing our website, to administer our email communications. Our service providers are given the information they need to perform their designated functions, and are not authorized to use or disclose personal information for their own marketing or other purposes.Your personal information may be maintained and processed by us, our affiliates, potential employers, and other third party service providers in the US or other jurisdictions. In the event that personal information is transferred outside of Canada to the US or other foreign jurisdiction, it will be subject to the laws of that jurisdiction and may be disclosed to or accessed by the courts, law enforcement and governmental authorities in accordance with those laws.
  • Legal and Compliance
    Carrot and our service providers may provide your personal information in response to a search warrant or other legally valid inquiry or order, or to another organization for the purposes of investigating a breach of an agreement or contravention of law or detecting, suppressing or preventing fraud, or as otherwise required or permitted by applicable Canadian, US or other law or legal process. Your personal information may also be disclosed where necessary for the establishment, exercise or defence of legal claims and to investigate or prevent actual or suspected loss or harm to persons or property.
  • Sale of Business
    Personal information may be provided to third parties in connection with a merger or sale (including transfers made as part of insolvency or bankruptcy proceedings) involving all or part of Carrot or as part of a corporate reorganization or stock sale or other change in corporate control, including for the purpose of determining whether to proceed or continue with such transaction or business relationship.

Safeguarding and Retention of Personal Information

Carrot has implemented reasonable administrative, technical and physical measures in an effort to safeguard the personal information in our custody and control against theft, loss and unauthorized access, use, modification and disclosure. We restrict access to your personal information on a need-to-know basis to employees and authorized service providers who require access to fulfill their job requirements.

We have personal information retention processes designed to retain personal information for no longer than necessary for the purposes stated above or to otherwise meet legal requirements.

Access to Personal Information

You have the right to access, update and correct inaccuracies in your personal information in our custody and control, subject to certain exceptions prescribed by law. You may request access, review, updating and corrections of inaccuracies in other personal information we have in our custody or control by emailing us at the contact information set out below. We may request certain personal information for the purposes of verifying the identity of the individual seeking access to their personal information records.

Additional Information

Third Party Websites

The website may contain links to other websites that are not owned or controlled by us. We have no control over, do not review and are not responsible for the privacy policies of or content displayed on such other websites. When you click on such a link, you will leave our service and go to another website. During this process, another entity may collect personal information from you.

Updates to the Privacy Notice

We may update this Privacy Notice to reflect changes to our privacy practices. We encourage you to periodically review this page for the latest information on our privacy practices.

Contact Us

Carrot welcomes your comments and questions regarding this Privacy Notice and the use of your personal information. If you have questions or concerns, please contact our Privacy Officer at