vPSI Group

What vPSI Group does

vPSI Group, LLC is a private Houston-based consulting and software firm founded in January 2003 that developed the vPSI System™, an integrated management system for measuring and improving how organizations learn from unplanned events (accidents, incidents, near misses, audit findings). The company's intellectual property centers on the vPSI Number™, a trademarked leading indicator of organizational learning effectiveness with a certification threshold of 200, paired with the proprietary KUBO-TEPA problem-solving methodology. The technology stack includes the vPST® digital incident investigation tool launched in 2020 via a partnership with Veris Global (built on the Activity Manager platform and integrated with PowerBI reporting), along with two legacy cloud tools — the vPSI Online Pre-Task Planning Tool & Library System (launched 2008) and the vPSI Online Corrective Action Assessment Tool (launched 2009). The firm holds US Patent 8,489,545 B2 (July 2013) for its Pre-Task Planning system and has registered trademarks covering vPSI, vPSI System™, vPSI Number™, and vPST®.

The business operates across three revenue streams: professional services (implementation consulting, training-based consulting, regulatory compliance, security, ESG/sustainability, non-productive time, and motor vehicle safety consulting, delivered on fixed-price or time-and-materials engagements), training programs (foundation classes, Certified vPSI Assessor certification, executive overviews, and specialty workshops), and software subscriptions (vPST® corporate accounts with administrative and access management features, plus Corporate Subscriber Libraries for the Pre-Task Planning Tool). A freemium tier is available for individual users accessing the public Pre-Task Planning Document Library. Customers span more than 300 organizations globally, with heavy concentration in the oil and gas vertical — including BP, Shell, Chevron, Marathon Oil, Halliburton, Baker Hughes, Transocean, Noble Drilling, ConocoPhillips, Devon Energy, Chesapeake Energy, Southwestern Energy, Spectra Energy — and adjacent presence in chemicals (BASF, Lubrizol) and contractors/vendors (GES Inc.).

The company maintains offices in Houston (US headquarters, relocated to larger space in November 2024), Calgary (vPSI Canada Ltd, opened January 2020 under Director Rick Theriau), and Perth, Scotland (UK). Go-to-market relies heavily on industry conference presence across SPE, ASSP, IADC, NSC, Energy Safety Canada, and TCC, with leadership-level participation including Co-founder Norman Ritchie's SPE Distinguished Lecturer role (2023-2024) and ASSP Region III Safety Professional of the Year designation (2021). The team is small — approximately 7 consultants per the most recent observable signal — and the company is privately held with no disclosed funding rounds, no institutional investors, and revenue figures not publicly disclosed.

Name

vPSI Group

Legal name

vPSI Group, LLC

Website

https://vpsigroup.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

vPSI Group is a private Houston-based consulting and software firm founded in 2003 that provides the vPSI System™, an integrated management system measuring organizational learning from unplanned events through consulting, training, and cloud-based tools (vPST®, Pre-Task Planning, Corrective Action Assessment), serving 300+ oil and gas, chemical, and industrial clients globally.

Ownership category

akta.pro rank

Product category

Safety Management Consulting

NAICS

Security Systems Services (except Locksmiths) (561621), Other Scientific and Technical Consulting Services (54169), Educational Support Services (61171)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Security Systems Monitoring & Dispatch (SOC/Remote Guarding) (IMAIAEAF)

Keywords

• Incident management system
• Safety performance measurement
• Corrective action software
• Human performance consulting
• Safety training services

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Consulting Services: Implementation consulting to maximize vPSI System impact, training-based consulting with follow-up mentoring, regulatory compliance consulting, security consulting, sustainability consulting, NPT consulting, investigation assistance, and management consulting. Provided on fixed price or time-and-materials basis.
2. Training Services: Foundation level classes (Executive Overview, Learning from Incidents, Safety Leadership, Open Enrollment), Advanced classes (Certified vPSI Assessor, Planning Jobs for Safety), and Custom training. Provided on-site, in company offices, or at training facilities.
3. Online Training: Web-based training including vPSI Online Assessor Competency Maintenance, Rating Corrective Actions Online Refresher, and Pre-Task Planning Online Refresher.
4. Software Subscriptions: vPST® corporate accounts with administrative and access management features. Corporate Subscriber Libraries for Pre-Task Planning Tool. Premium features for companies implementing vPSI System.
5. Open Library Access: Free user accounts with full functionality operating in public Pre-Task Planning Document Library.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

vPSI Group provides the vPSI System™, an integrated management system that measures how organizations learn from unplanned events (accidents, incidents, near misses, audit problems) and provides methodology for sustainable continuous improvement. The company sells cloud-based software tools (vPST®, Pre-Task Planning Tool, Corrective Action Assessment Tool), delivers implementation and regulatory compliance consulting, and offers a structured curriculum of foundation, advanced, and custom safety training classes.

Product overview

vPSI Group offers a portfolio of products and services centered on the vPSI System™ - an integrated management system that measures and improves organizational learning from unplanned events. The core product is complemented by the vPST® (vPSI Problem Solving Tool), the newest digital application providing a guided workflow for incident investigation and corrective action development. Two legacy tools - the vPSI Online Pre-Task Planning Tool & Library System and the vPSI Online Corrective Action Assessment Tool and Database - provide cloud-based JSA/PTP document management and corrective action rating capabilities. Training offerings include foundation programs like Learning from Incidents (LFI), Safety Leadership Workshops, and Certified vPSI Assessor certification, along with specialized consulting services in implementation, regulatory compliance, security, ESG/sustainability, and non-productive time reduction.

Differentiator

Problem solved

Functional benefit

Brands

• vPST (vPSI Problem Solving Tool): Digital tool combining vPSI Group's incident investigation experience with Veris Global's Activity Manager for guided workflow to investigate incidents, analyze causes and Human Performance factors, and develop effective solutions.
• vPSI Online Pre-Task Planning Tool & Library System
• vPSI Online Corrective Action Assessment Tool and Database
• vPSI ESG/Sustainability Services

Products and services

• vPSI System™ The vPSI System™ is an integrated management system that measures and improves how organizations learn from unplanned events (accidents, incidents, near misses, audit problems) while increasing efficiency in utilization of corporate resources. Combines vPSI Metrics (performance measurement) with the KUBO-TEPA problem-solving process (continuous improvement methodology).
• vPST® (vPSI Problem Solving Tool) Digital tool combining vPSI Group's incident investigation experience with Veris Global's Activity Manager. Provides guided workflow to investigate incidents, analyze causes and Human Performance factors, and develop effective solutions. Features 2Box Analysis, real-time causal analysis, vPSI Metrics calculation, and PowerBI reporting. Available as corporate subscription.
• vPSI Online Pre-Task Planning Tool & Library System Cloud-based library of JSA/PTP documents with a wizard to guide users in creating effective Job Safety Analysis documents based on Hazard Groups. Includes hundreds of pre-built templates and multi-language support. Available with free public access and corporate subscriber tiers.
• vPSI Online Corrective Action Assessment Tool and Database Online tool operating in a secure web environment for individuals and corporations to verify effectiveness of responses to unplanned events through automated corrective action rating.
• Learning from Incidents including Human Performance Factors (LFI) A 1 to 3 day foundation level class that revolutionizes the typical approach to solving problems revealed by accidents, downtime, and property damage.
• Certified vPSI Assessor Program An advanced 1-day workshop for people operating as vPSI Assessors in an organization, delivered as a single client class.
• Implementation Consulting Consulting service to maximize impact of vPSI System in organizations while minimizing footprint and disruption through development and modification of business processes. Provided on fixed price or time-and-materials basis.
• Regulatory Compliance Consulting Compliance inspection service identifying 115 potential citation points in 17 categories related to OSHA compliance.
• ESG / Sustainability Services Services helping organizations design, implement, and validate their Sustainability / ESG and Carbon Management programs and projects. Includes Introduction to ESG/Sustainability and Carbon Management workshops jointly developed with Blackhorn Partners.
• vPSI Online Assessor Competency Maintenance Advanced online training for Certified vPSI Assessors to continuously maintain competency in application of the vPSI System™ through monthly exercises.

Quantifiable outcome

• Repeat incidents significantly reduced after vPSI implementation
• +3 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Veris GlobalcoreTechnology or IntegrationPartnership with Veris Global to combine vPSI Group's incident investigation expertise with Veris Global's Activity Manager to create the vPST® digital tool. Veris Global provides the Activity Manager platform that powers the vPSI workflow.
• Blackhorn PartnerscoreStrategic or Co-development PartnerAssociates at Blackhorn Partners work with vPSI Group to develop high-level workshops for ESG and Sustainability fundamentals. Jointly developed Introduction to ESG/Sustainability and Carbon Management workshops.
• Energy Safety CanadacoreStrategic or Co-development PartnerEnergy Safety Canada commissioned vPSI to host and present webinar series on Risk Tolerance, Human Performance, Incident Investigation, and KPIs. ESC hosts free recordings of vPSI training content. Partnership established 2020.
• HOPEthiopiaminorOthersvPSI Canada and Director Rick Theriau are heavily involved with HOPEthiopia, a non-profit committed to restoration of people and land in Ethiopia. Participated in fundraising golf tournament in Calgary.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• DNV: Global risk management and assurance company providing safety advisory, incident investigation, and process safety services to oil & gas, maritime, and energy customers — a direct adjacency to vPSI's consulting offering with a far broader portfolio and deeper enterprise footprint.
• Intelex Technologies: EHS/quality management software platform with incident, corrective action, and audit functionality — an established SaaS incumbent competing with vPSI's vPST® for the same enterprise safety software wallet.
• Cority: Cloud-based EHS software platform serving industrial and energy customers with incident management, corrective actions, and leading-indicator reporting — a software incumbent that competes with vPST® at enterprise scale.
• VelocityEHS: Mid-market and enterprise EHS software provider with incident management, observations, and corrective action modules; competes with vPSI's online tools in the same industrial buyer budget cycle.
• Bureau Veritas: Global TIC (testing, inspection, certification) and HSE services provider serving oil & gas and industrial markets with safety management consulting, asset integrity, and process safety offerings that overlap with vPSI's incident-response and corrective-action methodology.
• Marsh Advisory (Risk Consulting): Global risk advisory practice of Marsh providing HSE consulting, incident review, and risk engineering to oil & gas and industrial clients; comparable to vPSI in advisory methodology but with insurance-broker distribution and broader scope.
• Sphera (formerly UL EHS Sustainability): Enterprise EHS and operational risk management software platform with incident management, corrective actions, and operational risk modules — competes with vPSI's vPST® in the same procurement cycle at large energy and industrial customers.
• DEKRA: International testing, inspection, and certification organization with extensive safety consulting and incident investigation practices serving industrial and energy clients; comparable to vPSI in problem-solving methodology but at global scale.
• Wolters Kluwer (Enablon): Provider of Enablon EHS/ORM software suite covering incident management, audits, and corrective actions; a mainstream incumbent against which vPSI's boutique incident-investigation tool is evaluated in enterprise EHS platform decisions.

Direct peers

• ioMosaic: Process safety and risk management consulting firm serving chemical, petrochemical, and oil & gas clients with incident investigation, training, and software tools — a closely comparable boutique competitor in the same niche as vPSI.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/vPSIGroupLLC
• Facebookfacebook.com/vPSIGroupLLC
• LinkedInlinkedin.com/company/2281406

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about vPSI Group