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Google’s Gradient Ventures leads $8.2M Series A for Vault Platform’s misconduct reporting SaaS
07/06/2021 - by Clare Gilham
Fixing workplace misconduct reporting is a mission that’s snagged London-based Vault Platform backing from Google’s AI focused fund, Gradient Ventures, which is the lead investor in an $8.2 million Series A that’s being announced today.

Clare Gilham
Press
Vault Platform secures $8.2 million in Series A funding.
07/06/2021 - by Clare Gilham
Gradient Ventures, Google’s AI-focused fund, leads the round to accelerate the modern ethics & compliance platform’s growth LONDON & SAN…

Clare Gilham
Press
Market consolidation highlights importance of trust as a competitive advantage
25/03/2021 - by Vault Platform
Vault Platform continues to disrupt and shape the future of GRC, pioneering ‘TrustTech’ a new and emerging category within their space. The end to end solution is removing the barriers and stigma associated with reporting workplace misconduct.

Vault Platform
Press
OVO Energy powers up employees with misconduct reporting app
16/03/2021 - by Vault Platform
OVO Energy, the UK’s largest independent energy supplier, has partnered with workplace misconduct reporting and resolution solution Vault Platform to give employees the most modern way to speak up about ethical concerns directly to the company.

Vault Platform
Press
Compliance with the EU Directive on whistleblowing and other legal considerations related to misconduct reporting
03/02/2021 - by Vault Platform
The WB Directive obliges both companies (with more than 250 employees from 2021 and more than 50 employees from 2023) and authorities in general to introduce whistleblower schemes, which must be available to all employees in the company/authority.

Vault Platform
Press
CDC Foundation introduces app to enhance ethics and empower employees to speak up
13/01/2021 - by Vault Platform
The CDC Foundation is partnering with the workplace misconduct reporting solution Vault Platform as part of its ongoing commitment to create an inclusive workplace and transparent speak-up culture.

Vault Platform
Press
Vault Platform Selected for Unreasonable FUTURE, Annual Initiative to Help Redesign Workplaces of Tomorrow
28/09/2020 - by Vault Platform
Vault Platform exists because there is a growing trust gap between employees and employers. Black Lives Matter shows us that discrimination and racism are still rife at work and the MeToo movement revealed that sexual harassment is still commonplace. Inequality and discrimination based on race, gender, or sexual orientation persist, costing companies millions every year settling the few court cases that see daylight. More companies lose billions every year due to other unethical behaviors such as fraud, bribery, and corruption.

Vault Platform
Press
Vault Platform joins London Stock Exchange’s Issuer Services Marketplace
07/08/2020 - by Vault Platform
Vault Platform is proud to join the London Stock Exchange’s Issuer Services Marketplace, a curated directory of corporate services to improve business for public companies.

Vault Platform
Press
Vault Open Reporting enables Speak Up platform for entire business ecosystem
28/07/2020 - by Neta Meidav
Vault Platform today extended the reach of its innovative Speak Up platform enabling independent third parties to report incidents of misconduct to an organization’s relevant stakeholders. This opens the power of the platform up to customers, supply chain partners, contractors, and members of the public alongside full-time and temporary employees.

Neta Meidav
Press
Vault Platform launches COVID-19 employee reporting feature
24/03/2020 - by Neta Meidav
Vault Platform has added a COVID-19 reporting feature to its enterprise mobile app. This helps HR teams managing the crisis…

Neta Meidav

		Hotline	Third Party	Bot/AI	Other Tech Solutions
Employee accessibility	High accessible mobile app. Open Reporting enables solution for entire ecosystem.	Low accessibility - hotlines only account for 6% of reports. Need to find the hotline number to start	Third party increases friction into the process. Employer seem less accountable.	Lacks sophistication required to deal with a very human-centric process Human will have to step in at some point	Focus on ‘employee empowerment’ not employer enablement. Often connect employees with legal resources.
Two way communication	Yes, in the users language directly from the App and Resolution Hub. Yes, even if anonymous.	Call centres that take a message. Follow up can only happen if employee identifies themselves.	Third party increases friction. Hand over has to take place.	Handover to a human is required to progress the case.	Many solutions prepare an employee for legal action and/or involve a third party.
Multi language support	In-App support for all required languages. No Management needed.	Need an operator with call centres offering each required language. Or partner with multiple suppliers	Need a provider offering each required language. Or partner with multiple suppliers	Multi-language is possible but has to had over to a human at some point.	Multi-language may be possible.
Anonymous reporting	Anonymous reporting with two-way communication. Also GoTogether (strength in numbers) reporting.	Yes, but follow up is difficult without identifying the reporter.	Yes, but follow up is difficult without identifying the reporter.	Yes, but follow up is difficult without identifying the reporter.	Yes, but follow up is difficult without identifying the reporter.
Data, confidentiality & security	Independent instance. Data encrypted in-transit and at rest. ISO27001 certified. Restricted access to case data.	Yes, but follow up is difficult without identifying the reporter.	Information is collected by a third party increasing the risk profile.	Information is collected by a third party increasing the risk profile.	Information may be collected by a third party. Or data may need to flow through other systems, increasing the risk profile.
Scalability & enterprise capability	Vault Platform was built for enterprises. Ideal for organizations of 100 employees to tens of thousands.	Widely adopted by enterprises but not fit for purpose. Only used in 6% of incident reports.	Need a provider offering each required language, or partner with multiple suppliers. Multiple clients served by same resources.	Information is collected by a third party increasing the risk profile.	Information may be collected by a third party. Or data may need to flow through other systems, increasing the risk profile.
Case management	Resolution Hub is a case management system. Case data is centralized in one location with a full audit log. Board-ready insight into progress and problem areas.	Either induce their own case management system. Or need plugging in to a third party.	Various options with different capabilities.	Various options with different capabilities. May need to connect to a third party or in-house case management system.	Many connect employees with legal support directly. Not focused on solving the problem internally.
Report routing	Automated routing based on multiple attributes (location, language, category of misconduct, etc.) Collaboration between different teams.	Various options with different capabilities.	Third party involvement increased friction.	Various options with different capabilities.	Various options with different capabilities.

Features	Vault	Hotline	Bot/ AI	Third Party	Other Tech Solution
Employee accessibility	Mobile app & web reporting	Phone; handled by a call center	Resolution requires human intervention and handover	Third party adds friction. Employer less accountable	Focus on connecting employees with lawyers, increasing risk of lawsuits
Two-way communication	Yes, even if anonymous	No	No	Possible; handover needed	Possible
Multi-language support	Yes	May need multiple providers	Possible	May need multiple providers	May need multiple providers
Anonymous reporting	Yes, with two-way chat	Yes, but no followup	Yes, but no followup	Yes, but no followup	Yes
Data confidentiality & security	Unique instance for every client; ISO27001 compliant	Third party handles data	Third party handles data	Third party handles data	Many connect employees with lawyers. Third party handles data
Scalability & enterprise capability	Designed for enterprise	Legacy solution. Shared resource	Human required for resolution	Shared resource with other clients	Shared resource
Case management	Resolution Hub; Data & Analytics	In some cases	In some cases	In some cases	In some cases
Report routing	Automated routing; multi-team collaboration	Manual/third party process	Manual process	Manual/third party process	Manual/third party process

Google’s Gradient Ventures leads $8.2M Series A for Vault Platform’s misconduct reporting SaaS

Vault Platform secures $8.2 million in Series A funding.

Market consolidation highlights importance of trust as a competitive advantage

OVO Energy powers up employees with misconduct reporting app

Compliance with the EU Directive on whistleblowing and other legal considerations related to misconduct reporting

CDC Foundation introduces app to enhance ethics and empower employees to speak up

Vault Platform Selected for Unreasonable FUTURE, Annual Initiative to Help Redesign Workplaces of Tomorrow

Vault Platform joins London Stock Exchange’s Issuer Services Marketplace

Vault Open Reporting enables Speak Up platform for entire business ecosystem

Vault Platform launches COVID-19 employee reporting feature

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