⚠️ Read this first: Clariva is a data aggregation and benchmarking tool, not a financial advisor. Nothing on this platform constitutes financial advice, a formal business valuation, or a recommendation to buy or sell a business. Read these terms carefully before using the platform.
1. Who We Are
Clariva ("we," "us," "our") is a Canadian data benchmarking platform operated by Tanner Spadafora, accessible at clariva.ca. Clariva aggregates publicly available business transaction data and anonymized user-submitted data to provide business owners, students, and investors with valuation benchmarking information for Canadian small and medium-sized businesses.
By accessing or using Clariva, you agree to be bound by these Terms of Service. If you do not agree, do not use the platform.
2. What Clariva Is — and Is Not
Clariva is a data aggregation and compilation tool. Valuation ranges displayed on this platform are derived from publicly available transaction data (including aggregated business transaction reports) and anonymized, aggregated submissions from other registered users. They are provided for informational and benchmarking purposes only.
Clariva is not a financial advisor, M&A advisor, investment dealer, Chartered Business Valuator (CBV), or law firm. Clariva is not registered with any Canadian securities regulator. Nothing on this platform constitutes financial advice, investment advice, legal advice, or a formal business valuation under any applicable Canadian standard, including those of the Canadian Institute of Chartered Business Valuators (CICBV).
You must not rely on information provided by Clariva as the sole or primary basis for any financial, legal, or transactional decision. Before making any such decision — including accepting or rejecting an offer to buy or sell a business — engage qualified professionals including a Chartered Business Valuator (CBV), M&A advisor, and legal counsel.
3. Eligibility
You must be at least 18 years of age to use Clariva. By using the platform, you represent and warrant that you are of legal age and have the legal capacity to agree to these Terms. If you are submitting information on behalf of a business, you represent that you have the authority to do so.
4. Your Submissions
By submitting information through Clariva's valuation form, you grant us a non-exclusive, royalty-free, perpetual license to use your submitted data in anonymized and aggregated form for generating platform benchmarks and industry research insights. We will never share, sell, or disclose your individual identifying information or your specific business's data to any third party without your explicit consent.
You represent and warrant that any information you submit is accurate to the best of your knowledge. Submitting false or misleading information degrades the dataset for all users and may result in removal of your submission.
You may request deletion of your submission at any time by emailing tanner@clariva.ca. Upon verified request, we will remove your personally identifiable information. Anonymized, aggregated data that no longer identifies you individually may be retained.
5. Accuracy of Information
Clariva makes reasonable efforts to source market data from reputable third-party publications. However, we make no representations or warranties, express or implied, regarding the accuracy, completeness, reliability, or suitability of any information on the platform. Market conditions change, transaction data may be incomplete, and industry multiples vary significantly based on factors that no automated tool can fully capture.
All valuation ranges are provided "as is" without warranty of any kind. You use the information at your own risk.
6. Intellectual Property
The Clariva platform — including its design, code, branding, and original content — is owned by Tanner Spadafora. You may not reproduce, distribute, modify, or create derivative works of any part of the platform without written permission. Third-party data sources cited on the platform remain the property of their respective owners and are referenced in accordance with applicable attribution standards.
7. Prohibited Uses
You agree not to use Clariva to: (a) submit false, misleading, or fraudulent information; (b) scrape, crawl, or systematically extract data from the platform without written permission; (c) attempt to reverse-engineer individual submissions from aggregate data; (d) use the platform for any unlawful purpose; (e) impersonate another person or business; or (f) attempt to gain unauthorized access to any part of the platform or its underlying systems.
8. Limitation of Liability
To the fullest extent permitted by applicable Canadian law, Clariva and Tanner Spadafora shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages arising from your use of or reliance on the platform, including any financial loss arising from a business transaction informed by data from this platform.
In no event shall our total liability to you exceed the amount you paid to use the platform (which, as Clariva is currently free to use, is zero dollars).
9. Third-Party Sources
Clariva references third-party data sources and publications. We do not endorse and are not responsible for the accuracy or practices of any third-party source. Reliance on third-party information is at your own risk.
10. Modifications
We may modify, suspend, or discontinue the platform at any time without notice. We may also update these Terms. Continued use after any such changes constitutes your acceptance of the revised Terms. The date at the top of this page reflects the most recent revision.
11. Governing Law
These Terms are governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein. Any dispute arising from these Terms or your use of the platform shall be subject to the exclusive jurisdiction of the courts of Ontario.
12. Contact
Questions about these Terms: tanner@clariva.ca