VeraCloud Technologies, Inc.

VeraCloud makes it easy to understand, implement and expand diversity, equity & inclusion practices. VeraCloud democratizes access to public sector contracting and incentivizes Prime Contractors & Government (hiring entities) to scale use of diverse businesses in the $500+Billion a year US public contracting market. $500+Billion a year in city, county, state, and federal spending is subject to diversity goals intended to give diverse vendors better access to jobs and economic opportunity. Public procurement entities and their contractors struggle to attract and engage qualified diverse vendors to meet increasing spending goals. Diverse vendors lack awareness and struggle to connect with relevant opportunities. Markets are dysfunctional, goals aren’t met, and higher costs = $Billions in permanently lost economic opportunities. Inequalities and exclusion persist every year, in every market across the US. VeraCloud’s recruitment platform addresses systemic market failures by connecting both sides of the market: hiring entities and diverse businesses. VeraCloud enables Prime Contractors and Government to fulfill government-mandated Diversity goals, by enabling Minority, Women, Veteran, Disadvantaged and other diverse businesses (MWBEs, VBEs, and DBEs) to discover and compete for billions of dollars in opportunities.