Privacy Policy

Last updated: 26/09/2025

At Factor, we value your privacy and are committed to protecting your personal data. This Privacy Policy explains how we collect, use, and protect your information when you use our website usefactor.com and our services.

1. Who we are

Factor operates as the trading name of Prospero Energy Limited. Factor is a software company based in New Zealand and operating globally. We provide forecasting and pricing solutions in the energy sector.

2. Information we collect

When you interact with our website or services, we may collect the following information:

Contact Form Data: first name, last name, company name, email address, and any message you provide.
Technical Data: IP address, browser type, device information, and pages visited.
Cookies and Tracking Data: through Google Ads and analytics tools, including essential, marketing, personalisation, and analytics cookies (see Section 6 below).

3. How we use your information

We use your personal data to:

Respond to your enquiries and provide customer support.
Improve our website, services, and user experience.
Run advertising and marketing campaigns, including retargeting.
Analyse website performance and user behaviour.
Meet legal and regulatory obligations.

4. Legal basis for processing (GDPR)

If you are located in the European Economic Area (EEA), we process your personal data under the following legal bases:

Consent: where you have provided consent (e.g., cookies, marketing).
Contractual Necessity: to respond to enquiries or provide services.
Legitimate Interests: to improve our website, advertise responsibly, and grow our business.
Legal Obligation: where required by law.

5. How we share your information

We do not sell your personal data. We may share information with:

Service Providers: such as Google Ads and analytics providers.
Professional Advisors: such as lawyers, accountants, or auditors.
Authorities: if required to comply with legal obligations.

All third-party service providers are required to handle your data securely and in accordance with applicable privacy laws.

6. Cookies and tracking

Our website uses cookies and similar technologies to improve your experience. These include:

Essential Cookies – necessary for the website to function.
Analytics Cookies – help us understand website performance.
Marketing Cookies – used for Google Ads and targeted advertising.
Personalisation Cookies – customise your experience.

You can manage your cookie preferences through our cookie consent popup or by adjusting your browser settings.

7. Data retention

We will retain your personal data only for as long as necessary to fulfil the purposes described in this Privacy Policy, unless a longer retention period is required by law.

8. International data transfers

As we operate globally, your personal data may be transferred outside of your country, including to New Zealand or other jurisdictions. Where required, we implement safeguards (such as Standard Contractual Clauses under GDPR) to protect your data.

9. Your rights

Depending on your location, you may have the right to:

Access, update, or delete your personal data.
Object to or restrict certain types of processing.
Withdraw consent where processing is based on consent.
Lodge a complaint with your local data protection authority.

To exercise your rights, please contact us at engineroom@usefactor.com

10. Data security

We implement appropriate technical and organisational measures to protect your data against loss, misuse, or unauthorised access.

11. Children’s privacy

Our services are not directed to children under 16, and we do not knowingly collect personal information from them.

12. Changes to this policy

We may update this Privacy Policy from time to time. The revised version will be posted on this page with an updated “Last updated” date.

13. Contact us

If you have any questions about this Privacy Policy or how we handle your data, please contact us:

Factor
Email: engineroom@usefactor.com
Location: 36 Barton Road, Heretaunga, Upper Hutt, 5018 , New Zealand