Contractor prequalification — the process of vetting suppliers before they work on industrial sites — is a $2.3 billion global market trapped in a manual, document-heavy, multi-platform nightmare. Large energy companies and manufacturers require contractors to prove their safety records, insurance coverage, worker certifications, and financial stability through platforms like ISNetworld, Avetta, and Veriforce.
The problem: These platforms charge contractors $500-2,500 annually per platform, require manual document uploads and reviews that take 2-4 weeks, and provide no portability between clients. A contractor working for Shell, Chevron, and Dow might need to maintain profiles on three separate systems with largely duplicated information.
The opportunity: An AI-first contractor compliance platform that uses document intelligence, cross-database verification, and real-time risk scoring to cut qualification time from weeks to hours — while enabling smaller contractors (especially in emerging markets) to access enterprise work for the first time.
