TrueVault provides a secure data platform that simplifies compliance with privacy regulations like HIPAA and GDPR. Their software helps businesses manage and protect sensitive data, making it easier to meet regulatory requirements and build trust with customers.
Funding
$3.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses face increasing complexity in complying with a growing number of data privacy regulations, including GDPR, CCPA, and various state-level laws. Managing consumer consent, data mapping, and vendor oversight across these jurisdictions can be time-consuming and costly, especially for organizations without dedicated legal expertise. Failure to comply can result in significant fines and reputational damage.
Solution
TrueVault offers a comprehensive privacy platform designed to simplify compliance with global data privacy laws. The platform provides tools for managing consumer consent, generating custom privacy policies, automating data subject access requests (DSARs), and monitoring vendor privacy practices. TrueVault's attorney-built software guides businesses through a step-by-step compliance process, enabling them to establish a robust privacy program without the need for extensive legal resources. The platform also includes a consent management platform (CMP) to track website visitor consent and ensure compliance with cookie regulations.
Target Audience
TrueVault primarily targets businesses of all sizes that need to comply with data privacy regulations such as GDPR, CCPA, and other state-level privacy laws, particularly those lacking in-house legal expertise.
Features
- Hosted privacy center for consumers to learn about a business's privacy practices and exercise their rights
- Automated request handling for tracking, managing, and automating privacy requests from a centralized dashboard
- Ready-made and customizable privacy notices to match specific business requirements
- Vendor privacy monitoring to track how vendors process customer data
- Consent management platform (CMP) for tracking cookie consent
- Integrations with Google Analytics and Shopify for automated opt-outs and data deletion requests
- Dynamic updates to policies, forms, and consent tools to stay ahead of regulatory changes
- Compliance guarantee that covers fines up to $250,000 for Pro Plan users