PledgX generates AI-driven insights into contractor performance. Lack of visibility of a contractor’s performance has been cited by bonding companies (who guarantee a contractor’s performance on a project) as the biggest threat to their profitability. We are building a platform that connects stakeholders (owners, contractors, bonding companies, and brokers) to a single source of information on contract performance. The platform provides insights to bonding issuers that enable them to underwrite a contractor’s risk at the onset and then continue to assess and manage that risk through the life of each bonded project.
Toronto, ON, Canada
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