Disclo Company Profile

Background

Disclo, founded in 2019 and headquartered in Austin, Texas, is a pioneering software company dedicated to streamlining the management of health disclosures and employee accommodation requests in the workplace. The company's mission is to create inclusive work environments by facilitating a secure, compliant, and efficient process for handling employee accommodations. Disclo's platform is designed to assist employers in collecting, verifying, and managing health disclosures, ensuring adherence to regulations such as the Americans with Disabilities Act (ADA), the Health Insurance Portability and Accountability Act (HIPAA), and Equal Employment Opportunity Commission (EEOC) guidelines.

Key Strategic Focus

Disclo's strategic focus centers on providing a comprehensive, end-to-end solution for managing workplace accommodations. The platform automates workflows, enabling employees to self-guide through accommodation requests with automated communications and structured processes that integrate seamlessly with existing HR technology stacks. By reducing manual intervention and expediting the medical verification process, Disclo aims to enhance efficiency and compliance for organizations.

Financials and Funding

As of February 2023, Disclo has raised a total of $6.5 million in funding. The most recent funding round, a $5 million seed round, was led by General Catalyst. Other notable investors include Y Combinator, Bain Capital Ventures, Lerer Hippeau, and Graph Ventures. The capital raised is intended to support the company's expansion and accelerate product development.

Technological Platform and Innovation

Disclo's platform is distinguished by its HIPAA and SOC2 compliance, ensuring the secure handling of sensitive health information. The software features automated workflows that guide employees through the accommodation request process, reducing administrative burdens and minimizing compliance risks. Additionally, Disclo offers a user-friendly portal that integrates with existing HR systems, providing a seamless experience for both employees and HR professionals.

Leadership Team

Hannah Rose Olson, Co-Founder & CEO: Hannah brings personal experience to her role, having navigated the complexities of workplace accommodations due to her own health condition. Prior to founding Disclo, she co-founded Chronically Capable, a disability recruiting platform.

Kai Keane, Co-Founder & Chief Product Officer: Kai has a background in product development and co-founded De Lune Inc. He collaborates closely with Hannah to drive Disclo's product strategy and innovation.

Joshua Peterson, Head of Workplace Accommodations and Experience: Joshua previously served as an Accommodations Business Partner at Meta, bringing valuable expertise in managing workplace accommodations to Disclo.

Competitor Profile

Market Insights and Dynamics

The market for workplace accommodation management solutions is growing, driven by increasing awareness of inclusivity and compliance requirements. Organizations are seeking efficient, secure, and compliant methods to handle employee accommodation requests, creating opportunities for innovative solutions like Disclo.

Competitor Analysis

Disclo operates in a competitive landscape with several notable companies offering similar services:

AbsenceSoft: Founded in 2013, AbsenceSoft provides software solutions for managing employee leaves and accommodations. The company has a larger employee base and generates higher revenue compared to Disclo.

WorkForce Software: Established in 1999, WorkForce Software offers workforce management solutions, including leave and accommodation management. With a significantly larger team and substantial funding, WorkForce Software is a major player in the industry.

PlanMyLeave: Founded in 2011, PlanMyLeave specializes in leave management software and offers features for handling employee accommodations. The company operates with a smaller team and generates revenue comparable to Disclo.

Strategic Collaborations and Partnerships

Disclo has secured investments from prominent venture capital firms, including General Catalyst, Y Combinator, Bain Capital Ventures, Lerer Hippeau, and Graph Ventures. These partnerships provide financial support and strategic guidance, positioning Disclo for growth and innovation in the workplace accommodations sector.

Operational Insights

Disclo differentiates itself through its focus on compliance, user-friendly design, and automation. The platform's HIPAA and SOC2 compliance ensures the secure handling of sensitive health information, while automated workflows reduce administrative burdens. By integrating seamlessly with existing HR systems, Disclo offers a comprehensive solution that enhances efficiency and inclusivity in the workplace.

Strategic Opportunities and Future Directions

Disclo is well-positioned to capitalize on the growing demand for inclusive workplace solutions. Future directions may include expanding the platform's capabilities, forming strategic partnerships with HR technology providers, and exploring new markets to further promote workplace inclusivity and compliance.