6 years ago
Vault Platform Secures $4.2 Million Seed Funding to Combat Workplace Misconduct
Vault Platform, a London-based startup providing a Workplace Misconduct Reporting platform, has secured $4.2 million in seed funding led by Kindred Capital, with participation from Angular Ventures, System.One, Jane VC, and Mike Chalfen
The company plans to use the funds to expand its presence in North America and Europe
Vault's platform offers an employee app, corporate case management hub, and data & analytics to help enterprises mitigate harmful workplace behaviors like bias, harassment, and fraud.
ProblemTechnology
"Many employees are afraid to report misconduct in the workplace due to fear of retaliation or negative consequences. This prevents companies from identifying and addressing harmful patterns of behavior, leading to a toxic work environment and potential legal risks."
Solution
"Vault Platform provides a confidential and secure reporting system for employees to document misconduct they experience. This helps employees feel empowered to speak up and helps companies identify and address issues early on. The platform also includes features like 'GoTogether' that allow employees to report misconduct collectively, reducing the fear of retaliation."