PEC Safety
PEC Safety operates Veriforce, the world's largest contractor compliance network connecting 3,200 hiring clients with 140,000+ contractors across 140+ countries. Its SaaS platform centralizes operator qualification, safety training, worksite compliance, and ESG for high-hazard industries.
- Company typePrivate
- Founded1985
- HeadquartersMandeville, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What PEC Safety does
PEC Safety, operating commercially as Veriforce, is a US-based supply chain risk management company serving high-hazard industries. Headquartered in Mandeville, Louisiana and founded in 1993 (with the Veriforce platform originating in 1985), the company runs a cloud-based SaaS platform that connects 3,200 hiring clients with 140,000+ contractors across 140+ countries and 120+ languages. The platform centralizes contractor compliance, operator qualification (OQ) tracking, learning management, worksite management, subcontractor compliance, and ESG mandate implementation for operators in oil and gas, utilities, construction, chemicals, manufacturing, pharmaceuticals, renewable energy, telecom, and other high-hazard sectors.
The product architecture is a modular platform anchored by a Risk Intelligence layer that combines compliance verification, training credential issuance, and predictive analytics for hazard prevention. Supporting sub-brands include the Veriforce Contractor Network (an exclusive contractor marketplace), the Veriforce HUB (a member benefits portal), an Instructor/Evaluator Network of 7,000+ authorized providers who deliver proprietary safety content and conduct DOT-covered task evaluations, and a Training Card System for credential lookup and replacement. Notable enterprise customers include Chesapeake, TC Energy, Southern Company, Williams, Enbridge, NRG, Sunoco LP, Praxair, California Resources Corporation, Lucid Energy Group, Lotte Chemical, Emerald Performance Materials, World Energy, and Perrigo. The company holds ISO 27001 and SOC 2 Type II certifications.
Revenue is generated through four streams: (1) recurring contractor network subscriptions, (2) enterprise subscriptions from hiring clients (annual, custom-priced), (3) training services delivered through the authorized instructor network on per-course or per-session pricing, and (4) Expert Services (auditing, consulting, custom training) and Regulatory Services tied to PHMSA and DOT compliance. Distribution combines direct enterprise field sales, a self-serve contractor onboarding flow, and a partner marketplace. The company is privately held, employs 251–500 people, and in 2025 acquired Highwire to deepen its contractor risk management footprint.
PEC Safety firmographics
Firmographics- Name
- PEC Safety
- Legal name
- Veriforce LLC
- Website
- https://pecsafety.com
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- PEC Safety operates Veriforce, the world's largest contractor compliance network connecting 3,200 hiring clients with 140,000+ contractors across 140+ countries. Its SaaS platform centralizes operator qualification, safety training, worksite compliance, and ESG for high-hazard industries.
- Ownership category
- akta.pro rank
PEC Safety industry classification
Industry- Product category
- Supply Chain Risk Management Software
- NAICS
- Computer Systems Design and Related Services (54151)
- akta.pro primary industry
- Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance (BPAEAPAG)
- akta.pro secondary industries
- Third-Party/Vendor Risk Management (TPRM/VRM) (HDADAIAE), Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO), Governance, Risk & Compliance (GRC) Platforms (BPAEAPAA), IT Governance, Risk & Compliance (IT GRC) Platforms (HDAEALAK)
Keywords
Where PEC Safety is headquartered
LocationHeadquarters
- HQ city
- Mandeville
- HQ country
- United States
- HQ region
- North America
Markets served
PEC Safety business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Contractor Subscription / Network Membership: Contractors pay subscription fees to join the Veriforce Network, access hiring clients, and maintain compliance documentation. Subscription enables document sharing with multiple companies from a single platform.
- Hiring Client Enterprise Agreements: Enterprise software licensing for hiring clients to manage contractor compliance, safety, operations, and procurement from a centralized platform
- Training Services: Instructor-led safety training delivery through authorized instructors and evaluators. Includes training catalog, calendar scheduling, and training card issuance/replacement
- Expert Services: Auditing, consulting, custom training, and regulatory services for PHMSA and DOT compliance optimization
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Contractor Network Subscription |
| Subscription | Annual | Enterprise Hiring Client Platform |
| Unit Pricing | Pay-as-you-go | Training Services |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
PEC Safety product offering
Product offeringCore offering
PEC Safety (operating as Veriforce) sells a cloud-based supply chain risk management SaaS platform that enables hiring clients in high-hazard industries to verify contractor compliance, manage operator qualification programs, deliver safety training, and track workforce credentials across global operations. The platform is complemented by a contractor network subscription membership, instructor-led safety training delivered through authorized providers, and expert/regulatory consulting services for PHMSA and DOT compliance.
Product overview
Veriforce is a unified supply chain risk management platform designed for complex, global supply chains in high-hazard industries. The platform connects 3,200 hiring clients with 140,000+ contractors across 140+ countries. The core Veriforce Platform serves as the central hub, integrating modules for Contractor Management, Operator Qualification (OQ) Compliance, Learning Management, Worksite Management, Subcontractor Management, ESG, Regulatory Services, and Expert Services. Supporting sub-brands include the Veriforce Contractor Network (an exclusive marketplace connecting contractors with hiring clients), the Veriforce HUB (member benefits portal), the Instructor/Evaluator Network (7,000+ authorized training providers), and the Training Card System (credential verification). The platform is supported by The Risk Matrix Podcast for thought leadership content.
Differentiator
Problem solved
Functional benefit
Products and services
- Veriforce Platform
Companies that use PEC Safety
Customer profileNamed customers14 records
Segments8 records
Ideal customer profiles3 records
PEC Safety technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
PEC Safety partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- American Petroleum Institute (API)coreAPI monogram program partner - API monogram logo displayed in footer indicates integration/partnership for petroleum industry standards compliance verification
- Common Assessment StandardcoreCommon Assessment Standard logo displayed - indicates partnership for standardized contractor assessment and qualification framework
- SafelandcoreSafeland logo displayed - partnership for safety training standards and credentialing
- National Safety Council (NSC)coreNSC membership logo displayed - strategic partnership for safety industry leadership and best practices
- Interstate Natural Gas Association of America (INGAA)coreINGAA logo displayed - partnership for natural gas pipeline safety standards and operator qualification
- Energy Workforce Technology CouncilcoreEWTC logo displayed - strategic partnership for energy sector workforce development and technology standards
- ClimatesmartminorClimatesmart logo displayed - ESG/sustainability partnership for climate initiatives
- Edison Electric Institute (EEI)coreEEI logo displayed in footer - partnership for utility sector safety and workforce standards
- HighwirecoreVeriforce acquired Highwire to expand leadership in contractor risk management - recent strategic acquisition announced in newsroom
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
PEC Safety competitors and assessment
Company assessmentDirect peers
- ProcessUnity: ProcessUnity is a third-party risk management platform vendor with overlapping TPRM, vendor onboarding, and supply-chain risk workflows aimed at regulated enterprises, making it a comparable DIRECT_PEER in the broader TPRM software category Veriforce competes in.
- Prevalent: Prevalent provides vendor risk and third-party risk management SaaS focused on supplier assessments, security questionnaires, and continuous monitoring; comparable as a vendor/compliance risk platform targeting enterprise procurement and security teams adjacent to Veriforce's hiring-client buyer profile.
- ISNetworld (ISN): ISN is the most direct competitor, operating a large global contractor management and supplier-qualification platform for hiring clients in energy, construction, and manufacturing, with contractor subscriptions and operator-qualification workflows closely analogous to Veriforce's product.
- BROWZ: BROWZ provides contractor prequalification, supply-chain compliance, and risk management services for enterprise hiring clients in industrial and infrastructure sectors, competing head-to-head with Veriforce's contractor management and OQ modules.
- Avetta: Avetta is a direct competitor operating a contractor prequalification and supply-chain compliance network for hiring clients in high-hazard industries, with overlapping oil & gas, utilities, construction, and manufacturing customers and a similar SaaS subscription + network-joiner model.
Others
- Kroll (Third-Party Risk Management): Kroll is a global due-diligence and background-check services provider whose third-party risk offerings (cyber, compliance, ESG due diligence) overlap with Veriforce's expert-services and verification capabilities, making it a relevant adjacent services comparable rather than direct platform competitor.
Broad incumbents
- OneTrust (GRC / Third-Party Risk): OneTrust's GRC and Third-Party Risk modules address vendor risk, ESG, and compliance use cases for enterprises, competing as a broader trust-intelligence platform where it overlaps with Veriforce's hiring-client and ESG use cases.
- ServiceNow (GRC / TPRM modules): ServiceNow's Integrated Risk Management and TPRM modules provide vendor risk and compliance workflows embedded in its broader enterprise platform; it competes indirectly by offering TPRM as part of a much larger workflow suite that can displace point solutions in enterprise procurement.
- NAVEX (Lockpath / RiskRate): NAVEX provides enterprise GRC, third-party risk, and ethics-and-compliance software serving overlapping buyer personas (compliance, procurement, ESG) as part of a broad governance portfolio, representing a broader incumbent comparable to Veriforce's GRC-adjacent capabilities.
- SAP GRC / SAP Ariba: SAP's GRC and supplier-management portfolio (including SAP Ariba for supplier qualification) addresses overlapping compliance, supplier-risk, and ESG use cases for large enterprises, competing as part of a much broader procurement and risk suite rather than as a specialized supply-chain compliance network.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
PEC Safety social profiles
Digital presencePEC Safety compliance and trust
Trust signalCompliance2 records
PEC Safety financial estimates
Financial estimateRevenue estimate
Valuation estimate
PEC Safety leadership team
Management profileNumber of profiles
Profiles1 record
PEC Safety subsidiaries and ownership
Company hierarchySubsidiaries2 records
PEC Safety funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PEC Safety M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PEC Safety
What does PEC Safety do?
PEC Safety (operating as Veriforce) sells a cloud-based supply chain risk management SaaS platform that enables hiring clients in high-hazard industries to verify contractor compliance, manage operator qualification programs, deliver safety training, and track workforce credentials across global operations. The platform is complemented by a contractor network subscription membership, instructor-led safety training delivered through authorized providers, and expert/regulatory consulting services for PHMSA and DOT compliance.
Is PEC Safety a public or private company?
PEC Safety is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PEC Safety founded?
PEC Safety was founded in 1985. It employs 251 to 500 people.
Where is PEC Safety based?
PEC Safety is headquartered in Mandeville, United States, in the North America region.
How does PEC Safety make money?
Four revenue lines are on record. Contractor Subscription / Network Membership is the primary driver. The others are hiring Client Enterprise Agreements, training Services and expert Services.
Who are PEC Safety's main competitors?
Direct peers on record are ProcessUnity, Prevalent, ISNetworld (ISN), BROWZ and Avetta. Kroll (Third-Party Risk Management) is listed as an others. Broad incumbents are OneTrust (GRC / Third-Party Risk), ServiceNow (GRC / TPRM modules), NAVEX (Lockpath / RiskRate) and SAP GRC / SAP Ariba.
Does PEC Safety have an API?
No public API is recorded for PEC Safety.
What industry is PEC Safety in?
PEC Safety's product category is Supply Chain Risk Management Software. Its primary akta.pro industry code is BPAEAPAG, Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance, with a secondary code of HDADAIAE, Third-Party/Vendor Risk Management (TPRM/VRM). Its NAICS code is 54151.