Meet PledgX

PledgX is the leader in contractor risk assessment services.
We focus on providing real-time pre-qualification screening and ongoing risk monitoring of contractors by project owners and bonding companies.

With a secure cloud-native platform, we facilitate contractors to build their corporate profiles, generate qualification statements and get project owner reference checks in just minutes.

Project owners can pre-qualify contractors using a variety of selection criteria and a scoring methodology that is based on past behaviour.

Our Mission

PledgX is on a mission to change the way general contractors, sub-contractors, and trades win more business. We are set to transform the process of pre-qualification, so that contractors can qualify for the projects they want without spending a lot of time and money on the process itself.

Our Founders

A headshot photo of Satya Vettekat
Satya Vattekat
Over 30 years’ experience in the financial industry, having held progressively senior roles in both banking (Scotiabank, CIBC, etc.) and insurance companies (AIG) in Canada and other countries. A Certified Credit Professional (Credit Institute of Canada) and an MBA from the University of Hull (UK).
A headshot photo of Jimmy Chan
Jimmy Chan
Over 20 years’ experience in investment banking and financial technology. Started his career at IBM in software development. Held various senior positions including Vice President of Global Derivatives Technology Development, Managing Director at Citibank, BMO Capital Markets and more recently as CIO with Equifax Canada.
A headshot photo of Ben Arber
Ben Arber
Over 24 years’ experience in the financial services industry. Ben has led cash management and trade finance businesses globally as well as risk and compliance units for HSBC, most recently as head of financial crime compliance for the US commercial bank.

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