Professional Credentials Exchange
ProCredEx operates a cloud-based digital marketplace for verified professional credentials, serving transportation companies and healthcare payors across the United States with credentialing, compliance reporting, incident case management, and stakeholder collaboration tools delivered via SaaS or outsourced services.
- Company typePrivate
- Founded2018
- HeadquartersTampa, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Professional Credentials Exchange does
Professional Credentials Exchange (ProCredEx) operates a cloud-based digital marketplace for verified professional credentials, primarily serving transportation companies and healthcare payors across the United States. Founded in 2018 and headquartered in Greenback, Tennessee, the company targets transportation providers, brokers, carriers, operators, and regulators, with secondary expansion into healthcare payors requiring credential verification for transportation service providers. Named enterprise customers include Kinetik, Tennessee Carriers, United, TransDev, Elevance Health, and Blue Cross Blue Shield Tennessee.
The core product is the ProCredEx Platform, an award-winning credentialing and incident case management platform built on Microsoft Azure infrastructure. Its technical components include secure document storage, automated credential management, collaborative grievance and incident case management with real-time access, automated compliance reporting and audit preparation, and stakeholder connectivity through collaborative networks that reduce duplicative work. The platform employs secure data handling via Azure-hosted clean rooms, Know Your Customer vetting, data encryption at rest and in motion, firewalls, and monitoring systems. ProCredEx integrates credential management, incident case management, compliance reporting, and stakeholder collaboration into a unified offering, distinguishing itself through deep domain specialization in transportation industry compliance.
The company operates a sales-led go-to-market motion combining direct enterprise sales with a self-service platform option, distributing through both an enterprise sales model and a self-serve platform portal. Revenue is generated through two annual subscription models: SaaS platform subscription for self-service credential management, and outsourced credentialing managed services where the ProCredEx team performs credentialing work on behalf of clients. Pricing is quote-based and not publicly disclosed. Leadership is headed by CEO Adam Cohen, with a C-suite including CFO Craig Rosenberg, CTO Matthew Sylvestre, and Chief Partnerships & Growth Officer George Bosnjak, collectively bringing healthcare technology and SaaS scaling experience. The company has raised capital via an SEC exempt securities offering, with disclosed funding of approximately $5,000,000.
Professional Credentials Exchange firmographics
Firmographics- Name
- Professional Credentials Exchange
- Legal name
- Professional Credentials Exchange, Inc.
- Website
- https://procredex.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ProCredEx operates a cloud-based digital marketplace for verified professional credentials, serving transportation companies and healthcare payors across the United States with credentialing, compliance reporting, incident case management, and stakeholder collaboration tools delivered via SaaS or outsourced services.
- Ownership category
- akta.pro rank
Professional Credentials Exchange industry classification
Industry- Product category
- Credentialing and Compliance Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Provider Credentialing & Enrollment (Payer Contracting Ops) (HLACACAM)
Keywords
Where Professional Credentials Exchange is headquartered
LocationHeadquarters
- HQ city
- Tampa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Professional Credentials Exchange business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- SaaS Platform Subscription: Software-as-a-service platform subscription for credentialing and compliance management. The platform offers two service models: self-service (customer uses the platform themselves) and outsourced services (ProCredEx team performs the credentialing work).
- Outsourced Credentialing Services: Managed services where ProCredEx team handles credentialing work on behalf of clients, providing full-service compliance support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Platform Access - Self-Service |
| Subscription | Annual | Outsourced Services - Full-Service |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Professional Credentials Exchange product offering
Product offeringCore offering
Professional Credentials Exchange (ProCredEx) sells a cloud-based credentialing and incident case management platform that enables transportation providers, brokers, payors, and regulators to store documents, automate credential management, collaboratively handle grievance and incident cases, prepare compliance reports, complete audits, and grant partners electronic access to credentialing information. In addition to the self-service SaaS platform, ProCredEx offers fully outsourced credentialing services where its team performs the credentialing work on behalf of clients.
Product overview
ProCredEx offers a unified credentialing and compliance platform with integrated modules for credential management, incident case management, automated reporting and audits, and stakeholder collaboration. The platform is complemented by outsourced credential management services for organizations that prefer a managed-service approach.
Differentiator
Problem solved
Functional benefit
Products and services
- ProCredEx Platform Cloud-based credentialing and incident case management SaaS platform that enables transportation companies to store documents and data, automate credential management, collaboratively manage grievance and incident cases, prepare compliance reports, complete audits, and grant partners electronic access to credentialing information.
- Outsourced Credentialing Services Managed service in which ProCredEx's team performs credentialing work on behalf of clients, handling the entire process from document collection through compliance verification, allowing transportation organizations to delegate credentialing operations rather than operate the platform themselves.
Quantifiable outcome
- Average Audit Timeline: 00 Seconds (metric placeholder)
- +2 more outcomes
Companies that use Professional Credentials Exchange
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles2 records
Professional Credentials Exchange technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Professional Credentials Exchange partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
Professional Credentials Exchange competitors and assessment
Company assessmentBroad incumbents
- Symplr: Symplr is a leading healthcare workforce and credentialing SaaS platform serving payors and health systems. Comparable because it offers provider credentialing, compliance, and managed services at enterprise scale, although it does not specialize in transportation.
- HealthStream: HealthStream is an established healthcare workforce platform offering credentialing, learning, and compliance solutions to hospitals and health systems. Comparable on credentialing and compliance, but with a broader workforce focus and no transportation specialization.
Direct peers
- SambaSafety: SambaSafety provides driver risk management and compliance monitoring for fleets, fleets, and insurers. Comparable to ProCredEx's transportation compliance and credentialing focus, with overlapping buyers (carriers, brokers, payors).
- CAQH: CAQH operates the Council for Affordable Quality Healthcare, including provider credentialing and data-exchange services widely used by health plans. Comparable as a credentialing and data-exchange utility serving payors, though healthcare-only.
- Verifiable: Verifiable provides an API-first provider credentialing, licensing, and enrollment platform for healthcare organizations. Directly comparable to ProCredEx's credentialing + compliance functionality, though focused on healthcare rather than transportation.
- Medallion: Medallion offers provider credentialing, payer enrollment, and compliance workflows as a SaaS platform. Comparable to ProCredEx on credentialing core and managed-services overlay, primarily serving healthcare rather than transportation.
- J. J. Keller & Associates: J. J. Keller provides DOT/FMCSA compliance, credentialing, and safety solutions for motor carriers. Directly comparable to ProCredEx for the transportation segment, though primarily content/services-based rather than SaaS-first.
- Foley Carrier Services: Foley provides outsourced licensing, permitting, credentialing, and compliance services to motor carriers and brokers. Comparable to ProCredEx on the outsourced credentialing services side for transportation customers.
Regional players
- IntelliTrans: IntelliTrans provides transportation management and visibility software to bulk and intermodal carriers. Adjacent to ProCredEx in serving transportation operators, with overlapping buyer profiles but different core functionality (logistics vs. credentialing).
Emerging players
- CertifyOS: CertifyOS offers AI-driven provider credentialing, licensing, and payer enrollment automation. Comparable as a credentialing platform competitor targeting payors, though at an earlier stage and healthcare-focused.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Professional Credentials Exchange social profiles
Digital presenceProfessional Credentials Exchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
Professional Credentials Exchange leadership team
Management profileNumber of profiles
Profiles13 records
Professional Credentials Exchange funding detail
Funding detailFunding overview
Funding rounds2 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Professional Credentials Exchange M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Professional Credentials Exchange
What does Professional Credentials Exchange do?
Professional Credentials Exchange (ProCredEx) sells a cloud-based credentialing and incident case management platform that enables transportation providers, brokers, payors, and regulators to store documents, automate credential management, collaboratively handle grievance and incident cases, prepare compliance reports, complete audits, and grant partners electronic access to credentialing information. In addition to the self-service SaaS platform, ProCredEx offers fully outsourced credentialing services where its team performs the credentialing work on behalf of clients.
Is Professional Credentials Exchange a public or private company?
Professional Credentials Exchange is a private company. It is classified as venture growth investor backed and is currently operating.
When was Professional Credentials Exchange founded?
Professional Credentials Exchange was founded in 2018. It employs 11 to 50 people.
Where is Professional Credentials Exchange based?
Professional Credentials Exchange is headquartered in Tampa, United States, in the North America region.
How does Professional Credentials Exchange make money?
Two revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are outsourced Credentialing Services.
Who are Professional Credentials Exchange's main competitors?
Broad incumbents on record are Symplr and HealthStream. Direct peers are SambaSafety, CAQH, Verifiable, Medallion, J. J. Keller & Associates and Foley Carrier Services. IntelliTrans is listed as a regional player. CertifyOS is listed as an emerging player.
Does Professional Credentials Exchange have an API?
No public API is recorded for Professional Credentials Exchange.
What industry is Professional Credentials Exchange in?
Professional Credentials Exchange's product category is Credentialing and Compliance Software. Its primary akta.pro industry code is HLACACAM, Provider Credentialing & Enrollment (Payer Contracting Ops). Its NAICS code is 513210 and its SIC code is 7372.