Vault Platform Strengths, Domain Expertise, and Key Differentiators
Vault Platform gives employees a trusted, app-based channel to report misconduct in the workplace, including but not limited to ethics & compliance breaches, financial misconduct, confidential breaches, outside activities, as well as behavioural misconduct including harassment, bullying, discrimination, and racism. The next-generation platform helps companies achieve compliance with whistleblowing requirements around the world, while building a healthier work culture and acting on diversity & inclusion.
The so-called “TrustTech” SaaS offering consists of an employee app, open reporting web interface, corporate case management hub, and data and analytics insights.
GoTogether is a viable alternative to anonymous reporting, and it ensures that people are coming forward with substantiated, evidence-based reports. The solution acts as a two-way communication mechanism between reporter and case manager, even for anonymous reports, ensuring employees are informed of the resolution, building and rebuilding trust between employee and employer.
GoTogether is a viable alternative to anonymous reporting, and it ensures that people are coming forward with substantiated, evidence-based reports. The solution acts as a two-way communication mechanism between reporter and case manager, even for anonymous reports, ensuring employees are informed of the resolution, building and rebuilding trust between employee and employer.
Vault Platform Recent Developments
In August 2020, Vault Platform joined the London Stock Exchange’s Issuer Services Marketplace, a curated directory of corporate services to improve business for public companies.
In July 2020, Vault Platform extended the reach of its innovative Speak Up platform by enabling independent third parties to report incidents of misconduct to an organization’s relevant stakeholders. Vault Open Reporting opens the power of the platform up to customers, supply chain partners, contractors, and members of the public alongside full-time and temporary employees.
In April 2019, Vault Platform raised $4.2 million in seed funding, to fix workplace misconduct reporting. Leading the round is Kindred Capital, with participation from Angular Ventures, System One, Jane VC, and ex-Mosaic Ventures Partner Mike Chalfen.
In March 2020, Vault Platform has added a COVID-19 reporting feature to its enterprise mobile app. This helps HR teams managing the crisis stay on top of the numbers by enabling employees to report directly via the app when showing symptoms or testing for COVID-19. The workplace misconduct reporting app has pulled all hands on deck to roll out the deployment in record time, adjusting its solution to help companies better handle this unique challenge.
Vault Platform Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Vault Platform applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Vault Platform and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified GoTogether, Vault App, Open Reporting, Resolution Hub customers.
Vault Platform Overview
Ownership: - x
Number of Employees: 45
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K727, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Vault Platform Key Enterprise and Cloud Applications
GoTogether, Vault App, Open Reporting, Resolution Hub
Vault Platform Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Vault Platform Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Vault Platform Enterprise Applications Revenues By Functional Markets, $M:
Vault Platform Enterprise Applications Revenues By Verticals, $M:
Vault Platform Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Vault Platform Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Vault Platform Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Vault Platform Customers
No. of Vault Platform Customers: x
No. of Vault Platform Enterprise Applications Customers: x
No. of Vault Platform Cloud Customers: x
No. of Vault Platform Cloud Subscribers: x
Target customers are organizations and enterprises from every sector and industry, typically with more than 1,000 employees. Recent customers include a leading tech brand in the reisdential lettings space, a fintech disruptor that went to IPO in 2020, a large newspaper group, and an energy company.
In August 2019,Vault Platform has been chosen by Minute Media, a global publishing platform that owns and operates five media brands, to support and sustain the organization’s culture through its next phase of expansion and beyond. Headquartered in New York City with offices in London, Tel Aviv, Sao Paolo, Singapore, Tokyo and Manila, Minute Media employs more than two hundred people worldwide.
In 2020, Vault Platform also launched with advertising giant M&C Saatchi and quickly became an invaluable tool for helping manage the company's culture during the disruption of lockdown, even extending support to employees working from home with domestic violence issues.
Vault Platform Market Opportunities, M&A and Geo Expansions
With an employee app, web-based reporting for non-employees such as customers and supply chain, corporate case management hub, and data and analytics insights, Vault Platform's solution is key to driving out harmful workplace behaviors from bias and harassment through to fraud and corruption. This mitigates significant financial, reputational, resource and time-related risks for the organization as well as positioning the organization as an employer of choice that is proactive about positive organizational culture.
Vault Platform’s whistleblowing app also replaces dated systems to help companies achieve compliance in the face of rising regulation, whether that's in the financial sector through SOX, legal through the increasing number of whistleblower directives, or more related to HR through human and civil rights. Any well-meaning institution strives to maintain a positive reputation for fair dealings and tight controls but often rely on an antiquated system for employees to report misconduct, fraud, and abuse within the organization. Occasionally and inevitably, bad things happen, but the whistleblowing systems are either not used or are not effective in alerting management.
Vault Platform Risks and Challenges
Misconduct reporting has been always underestimated in the past due to the lack of appropriate technology for reporting and insight. Question is, whether the millennials will reaffirm their digital knowledge and force the enterprises to focus on this critical issue.
Vault Platform Ecosystem, Partners, Resellers and SI
Vault sells its products directly to the customers.
Vault Platform Cloud Infrastructure Insights
Subscribe to read more about:
- Vault Platform Public Cloud and Infrastructure (IaaS)
- Vault Platform Platform (PaaS)
- Vault Platform Application Delivery
- Vault Platform Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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