Your data, your rights, our responsibility.
This privacy notice for Bondwood ("we," "us," or "our") describes how and why we might collect, store, use, and/or share ("process") your information when you use our services ("Services"), such as when you:
Questions or concerns? Reading this privacy notice will help you understand your privacy rights and choices. If you do not agree with our policies and practices, please do not use our Services. If you still have any questions or concerns, please contact us at [email protected].
What personal information do we process? When you visit, use, or navigate our Services, we may process personal information depending on how you interact with us and the Services, the choices you make, and the products and features you use.
Do we process any sensitive personal information? We do not process sensitive personal information.
Do we receive any information from third parties? We do not receive any information from third parties.
How do we process your information? We process your information to provide, improve, and administer our Services, communicate with you, for security and fraud prevention, and to comply with law. We process your information only when we have a valid legal reason to do so.
In what situations and with which parties do we share personal information? We may share information in specific situations and with specific third parties.
What are your rights? Under the Minnesota Consumer Data Privacy Act (MCDPA) and other applicable laws, you have rights regarding access to and control over your personal information.
How do you exercise your rights? The easiest way to exercise your rights is by contacting us at [email protected]. We will consider and act upon any request in accordance with applicable data protection laws.
In Short: We collect personal information that you provide to us.
We collect personal information that you voluntarily provide to us when you express an interest in obtaining information about us or our products and Services, when you participate in activities on the Services, or otherwise when you contact us.
Personal Information Provided by You. The personal information that we collect depends on the context of your interactions with us and the Services, the choices you make, and the products and features you use. The personal information we collect may include the following:
Sensitive Information. We do not process sensitive information.
All personal information that you provide to us must be true, complete, and accurate, and you must notify us of any changes to such personal information.
In Short: Some information — such as your Internet Protocol (IP) address and/or browser and device characteristics — is collected automatically when you visit our Services.
We automatically collect certain information when you visit, use, or navigate the Services. This information does not reveal your specific identity (like your name or contact information) but may include device and usage information, such as your IP address, browser and device characteristics, operating system, language preferences, referring URLs, device name, country, location, information about how and when you use our Services, and other technical information. This information is primarily needed to maintain the security and operation of our Services, and for our internal analytics and reporting purposes.
Like many businesses, we also collect information through cookies and similar technologies. The information we collect includes:
In Short: We process your information to provide, improve, and administer our Services, communicate with you, for security and fraud prevention, and to comply with law. We may also process your information for other purposes with your consent.
We process your personal information for a variety of reasons, depending on how you interact with our Services, including:
We do not process your information for targeted advertising purposes.
In Short: We only process your personal information when we believe it is necessary and we have a valid legal reason (i.e., legal basis) to do so under applicable law, like with your consent, to comply with laws, to provide you with services, to protect your rights, or to fulfill our legitimate business interests.
We may process your information if you have given us specific permission (i.e., express consent) to use your personal information for a specific purpose, or in situations where your permission can be inferred (i.e., implied consent). You can withdraw your consent at any time. To withdraw your consent, please contact us at [email protected].
In some exceptional cases, we may be legally permitted under applicable law to process your information without your consent, including, for example:
In Short: We keep your information for as long as necessary to fulfill the purposes outlined in this privacy notice unless otherwise required by law.
We will only keep your personal information for as long as it is necessary for the purposes set out in this privacy notice, unless a longer retention period is required or permitted by law (such as tax, accounting, or other legal requirements).
When we have no ongoing legitimate business need to process your personal information, we will either delete or anonymize such information, or, if this is not possible (for example, because your personal information has been stored in backup archives), then we will securely store your personal information and isolate it from any further processing until deletion is possible.
In Short: We aim to protect your personal information through a system of organizational and technical security measures.
We have implemented appropriate and reasonable technical and organizational security measures designed to protect the security of any personal information we process. These include encryption of data in transit (TLS/SSL), access controls and authentication mechanisms, regular security assessments, and employee training on data protection practices.
However, despite our safeguards and efforts to secure your information, no electronic transmission over the Internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information. Although we will do our best to protect your personal information, transmission of personal information to and from our Services is at your own risk. You should only access the Services within a secure environment.
In Short: We do not knowingly collect data from or market to children under 18 years of age.
We do not knowingly solicit data from or market to children under 18 years of age. By using the Services, you represent that you are at least 18 or that you are the parent or guardian of such a minor and consent to such minor dependent's use of the Services. If we learn that personal information from users less than 18 years of age has been collected, we will deactivate the account and take reasonable measures to promptly delete such data from our records. If you become aware of any data we may have collected from children under age 18, please contact us at [email protected].
In Short: You have rights that allow you greater access to and control over your personal information. You may review, change, or request deletion of your information at any time.
Depending on the applicable laws of your state or jurisdiction, you may have certain rights regarding your personal information. These may include the right (i) to request access and obtain a copy of your personal information, (ii) to request rectification or erasure, (iii) to restrict the processing of your personal information, (iv) if applicable, to data portability, and (v) not to be subject to automated decision-making. In certain circumstances, you may also have the right to object to the processing of your personal information. You can make such a request by contacting us using the details provided in the section "How Can You Contact Us?" below.
We will consider and act upon any request in accordance with applicable data protection laws.
Withdrawing your consent: If we are relying on your consent to process your personal information, you have the right to withdraw your consent at any time. You can withdraw your consent at any time by contacting us using the contact details provided below. However, please note that this will not affect the lawfulness of the processing before its withdrawal nor, when applicable law allows, will it affect the processing of your personal information conducted in reliance on lawful processing grounds other than consent.
Opting out of marketing and promotional communications: You can unsubscribe from our marketing and promotional communications at any time by clicking on the unsubscribe link in the emails that we send, or by contacting us using the details provided in the section "How Can You Contact Us?" below. You will then be removed from the marketing lists. However, we may still communicate with you — for example, to send you service-related messages that are necessary for the administration and use of your account, to respond to service requests, or for other non-marketing purposes.
Cookies and similar technologies: Most web browsers are set to accept cookies by default. If you prefer, you can usually choose to set your browser to remove cookies and to reject cookies. If you choose to remove cookies or reject cookies, this could affect certain features or services of our Services.
If you have questions or comments about your privacy rights, you may email us at [email protected].
Most web browsers and some mobile operating systems and mobile applications include a Do-Not-Track ("DNT") feature or setting you can activate to signal your privacy preference not to have data about your online browsing activities monitored and collected. Under the Minnesota Consumer Data Privacy Act (MCDPA), we are required to honor universal opt-out mechanisms. We recognize and respond to Global Privacy Control (GPC) signals as a valid opt-out request. If a standard for online tracking is adopted that we must follow in the future, we will inform you about that practice in a revised version of this privacy notice.
In Short: If you are a resident of Minnesota, the Minnesota Consumer Data Privacy Act (MCDPA) grants you specific rights regarding your personal information.
The MCDPA, effective July 31, 2025, provides Minnesota residents ("consumers") with the following rights regarding their personal data. These rights are not absolute, and in certain cases, we may decline your request as permitted by law.
To submit a request to exercise these rights, please email [email protected]. We will respond within 45 days of receipt. If it is reasonably necessary to extend that time, we will notify you within the initial 45-day period. The response period may be extended once by an additional 45 days. You may exercise these rights up to twice per year, free of charge.
Upon receiving your request, we will need to verify your identity to determine you are the same person about whom we have the information in our system. We may ask you to provide information so that we can match it with information you have previously provided us. We will only use personal information provided in your request to verify your identity or authority to make the request.
We honor universal opt-out mechanisms as required by the MCDPA. If your browser sends a recognized opt-out signal (such as Global Privacy Control), we will treat it as a valid request to opt out of targeted advertising and the sale of personal data.
We will not discriminate against you for exercising any of your rights under the MCDPA.
If we decline to take action regarding your request and you wish to appeal our decision, please email us at [email protected]. Within 45 days of receipt of an appeal, we will inform you in writing of any action taken or not taken in response to the appeal, including a written explanation of the reasons for the decisions. If your appeal is denied, you may contact the Minnesota Attorney General's Office to submit a complaint at ag.state.mn.us.
The Minnesota Attorney General has exclusive enforcement authority over the MCDPA, with penalties of up to $7,500 per violation.
Because Bondwood contracts with Minnesota K-12 school districts and other government entities, certain data maintained or provided in connection with those contracts may be subject to the Minnesota Government Data Practices Act ("MGDPA"). To the extent we receive, maintain, or process government data on individuals through a contractual relationship with a government entity, we will maintain such data in accordance with the applicable classification and handling requirements of Minn. Stat. § 13.05, subd. 6. Our platform primarily utilizes publicly available, aggregated financial data classified as "public" under the MGDPA.
Bondwood does not collect, store, or process individually identifiable student educational data. To the extent Bondwood functions as a "technology provider" under Minn. Stat. § 13.32, we commit to: using educational data only for the purpose of providing contracted services; not selling or transferring educational data to any third party; and destroying or returning educational data upon contract termination.
In Short: If a security breach occurs involving your personal information, we will notify you as required by Minnesota law.
In the event of a security breach involving the unencrypted personal information of Minnesota residents (as defined by Minn. Stat. § 325E.61 — name combined with Social Security number, driver's license number, or financial account credentials), we will disclose the breach in the most expedient time possible and without unreasonable delay.
If a breach affects more than 500 individuals simultaneously, we will also notify nationwide consumer reporting agencies within 48 hours as required by law. For breaches involving government data maintained under contract with a Minnesota government entity, we will additionally comply with Minn. Stat. § 13.055. Any waiver of breach notification obligations is void and unenforceable under Minnesota law.
In Short: Yes, we will update this notice as necessary to stay compliant with relevant laws.
We may update this privacy notice from time to time. The updated version will be indicated by an updated "Last updated" date and the updated version will be effective as soon as it is accessible. If we make material changes to this privacy notice, we may notify you either by prominently posting a notice of such changes or by directly sending you a notification. Consistent with the MCDPA, we will provide you with a reasonable opportunity to withdraw consent to any materially different processing activities. We encourage you to review this privacy notice frequently to be informed of how we are protecting your information.
If you have questions or comments about this notice, you may email us at [email protected] or contact us by post at:
Bondwood
4917 Eden Avenue, Ste 303
Edina, MN 55424
United States
Based on the applicable laws of your state, you may have the right to request access to the personal information we collect from you, change that information, or delete it. To request to review, update, or delete your personal information, please contact us at [email protected].