Sprout Technology Pty Ltd · Effective 5 October 2026
Sprout Technology Pty Ltd (ACN 658 119 450) (Meridian, we, us) operates the Meridian platform. This policy explains how we handle personal information in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles (APPs).
Most data in Meridian is business data (company financials, asset and exposure data, analyses). Some of it may be personal information where an individual can be identified. We treat all Customer Data as confidential under our Terms of Use; this policy focuses on personal information.
We collect:
We use essential cookies and similar technologies for authentication and security, and local browser storage for preferences (for example your description-detail setting). We do not use them to track you across other websites.
We collect personal information directly from you and your authorised users, from your organisation when it invites you, and as generated by your use of the Service. Where practicable we collect personal information directly from the individual concerned.
We use personal information to:
We do not sell personal information. We disclose it to service providers (sub-processors) that help us run the Service - including hosting, database, file storage, authentication and AI processing - who are permitted to use it only to provide services to us. The current list, with each provider’s purpose and location, is on our Sub-processors page. We may also disclose information where required by law, to protect our rights or the Service, or in connection with a business transfer.
Documents you upload may be reviewed and processed by Meridian personnel using Anthropic’s Claude to extract and organise the data; the whole document may be provided to the AI model. Model training on this data is switched off. We do not send your authentication identity to the AI provider.
Peer benchmarks are produced only as de-identified, sector-level aggregates. We enforce a k-anonymity floor: any aggregate built from fewer than five distinct companies is suppressed, and we expose only distribution statistics (such as the median and interquartile range), never an individual company’s figures. Properly de-identified information is not personal information.
Some of our sub-processors store or process data outside Australia, including in the United States. Before disclosing personal information overseas we take reasonable steps to ensure it is handled consistently with the APPs, including through contractual protections. See the Sub-processors page for locations.
We take reasonable steps to protect personal information from misuse, interference, loss and unauthorised access, modification or disclosure - including encryption in transit, access controls, and strict per-organisation tenancy isolation so one customer cannot access another’s identifiable data. Authorised Meridian personnel may access customer data to provide support and to process documents you upload. No system is completely secure, and we cannot guarantee absolute security.
We keep personal information for as long as needed for the purposes above and to meet legal, accounting and audit requirements. Cached company reference data is flagged stale after 12 months and refreshed on request rather than deleted automatically; documents and analyses are retained until you ask us to delete them (contact privacy@sprout.enterprises) or your account is closed. On account closure we delete or de-identify personal information within a reasonable period, subject to legal retention and routine backup cycles.
You may request access to, or correction of, the personal information we hold about you by contacting us. We will respond within a reasonable period and may need to verify your identity. Where we decline a request, we will explain why, as required by the APPs.
The Service is a business tool intended for use by organisations and is not directed to individuals under 18. We do not knowingly collect personal information from children.
We may update this policy from time to time. We will post the updated version here and, where changes are material, take reasonable steps to notify you.
For privacy enquiries, requests or complaints, contact privacy@sprout.enterprises. We will acknowledge and investigate your complaint and respond within a reasonable period. If you are not satisfied with our response, you may contact the Office of the Australian Information Commissioner (OAIC) at oaic.gov.au.