Vault Platform Secures $ 8.2 Million Series A Funding

LondonVault Platform spearheads “TrustTech” as the market’s preferred newcomer to the ethics, compliance and employee reporting category. It includes an innovative app for employees and a resolution center for the compliance, HR, risk and legal teams.

As employers seek to operate in a more ethical, genuinely diverse and inclusive manner, the Vault Platform provides them with an end-to-end solution to facilitate secure communication, collaboration between teams, and faster case resolution. In doing so, Vault Platform aims to transform the world of ethics and compliance, protecting businesses and their employees from hidden risks.

Vault Platform was founded in 2018 by the co-founders Neta meidav (CEO) and Rotem Hayoun-Meidav (Technical director). Tori reichman, member of the founding team, holds the position of Chief Customer Officer. Customers include Lemonade, Airbnb, Kavak, G2, OVO Energy, and others.

“Since announcing our platform to the market, the response has been remarkable,” says co-founder and CEO Neta meidav. “Major violations and ethical failures that go unreported can cost companies a fortune and turn into crises. Until now, companies could only rely on passive reporting mechanisms. repeated models and offering our customers unparalleled risk detection capability.

“We’re just starting to scratch the surface of AI’s potential for reporting misconduct with our unique GoTogether (™) technology and we have so much more to come.”

The need to prevent and detect risks at an early stage, to create a strong corporate culture and to generate efficiencies through ethical operations has become more urgent as a result of pressure from the industry. SEC, which in the first seven months of fiscal 2021 awarded $ 250 million whistleblowers; and the arrival EU Whistleblower Directive, which requires companies with more than 250 employees to have a reporting solution by the end of december 2021. It has also accelerated with the shift to telecommuting during the Covid-19 pandemic which has become the de facto norm for many employers.

“Vault Platform is tackling a big space with an innovative and timely solution,” says Anna Patterson, Founder and Managing Partner of Gradient Ventures. “The Vault Platform Application provides organizations with a data-driven approach to addressing challenges such as workplace fraud, incidents of bribery or corruption, security breaches and misconduct. professional. Considering their impressive team, technology, and customer interest, they are ready to make the modern workplace better.

To learn more about the Vault Platform, visit www.vaultplatform.com

About the Vault Platform

Vault Platform is the pioneer of “TrustTech”, a new category of technology in the workplace. Designed to enable risk detection, create a culture where it is safe to speak out, and drive operational efficiency, Vault products create a confidential space for employees and third parties to submit misconduct records. they witness or witness, as well as a unique ability to “connect the dots” on repeated patterns. With a case management hub and enterprise-level information dashboard, Vault Platform is essential to support the productive growth of businesses. Vault was founded in 2018 and is based in London, United Kingdom with offices in San Francisco, new York and Tel Aviv, Israel. For more information visit

www.vaultplatform.com

About Gradient Ventures

Gradient Ventures is Google’s AI-focused venture capital fund. It invests in early stage startups and connects them to Google’s resources, innovation and technical leadership in artificial intelligence. The fund aims to help founders meet the challenges of developing AI-powered products, enabling companies to take advantage of the latest techniques, so great ideas can come to life. Gradient was founded in 2017 and is headquartered in Palo Alto, California. For more information visit

www.Gradient.com

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