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Top 1 Prequalification Software Companies With $1M–$5M Revenue (September 2026)

As of September 2026, Latka tracks 1 prequalification software companies with $1M–$5M in annual revenue. They have combined revenues of $1.4M and employ 15 people.

Every company below sells prequalification software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Prequalification Software Companies do

Prequalification software is designed to streamline the process of evaluating and qualifying potential contractors or subcontractors. This category of software automates workflows that assess a party's financial stability, safety records, and overall capability to complete projects. By facilitating data collection and analysis, these tools minimize administrative burden while ensuring compliance and risk management throughout the contractor selection process. Primarily used in industries such as construction and procurement, prequalification software supports various stakeholders, including procurement officers, project managers, and safety compliance teams. Common features typically include customizable questionnaires, document management, automated notifications, and reporting functionalities. The improved efficiency gain from using such tools allows organizations to focus on key project objectives while navigating contractor relationships more effectively.

Companies
1
Revenue
$1.4M
Funding
-
Employees
15

Filters

Sorting: Highest -> Lowest

Filters
Revenue
All<$1M$1M-$5M$5M-$10M$10M-$100M$100M+
Funding (Locked)Growth (Locked)Team-Size (Locked)

Top Prequalification Software Companies With $1M–$5M Revenue

Showing 1 of 1 companies ranked by annual revenue.

1RedShred logo
RedShred

Catonsville, Maryland, United States

Developer of open-information extraction software designed to provide immediate answers to various data analysis reports. The company's software automatically searches, analyzes and extracts decision-making criteria from thousands of publicly available RFPs and grants each day, enabling government contractors, institutions and universities to search, pre-qualify, track and extract relevant information from publically available RFPs (requests for proposals) and grant documents to review opportunities with minimal manual intervention.

Revenue
$1.4M
Year founded
2014
Team size
15

Frequently asked questions about Prequalification Software Companies With $1M–$5M Revenue

How many prequalification software companies with $1M–$5M in annual revenue are there?

Latka tracks 1 prequalification software companies with $1M–$5M in annual revenue. Together they generate $1.4M in annual revenue and employ 15 people.

Which prequalification software company with $1M–$5M in annual revenue is the largest?

RedShred is the largest, with $1.4M in annual revenue, founded in 2014.

How much revenue does a typical prequalification software company with $1M–$5M in annual revenue make?

The average prequalification software company in this list makes $1.4M a year, across 1 companies with reported revenue.

Who are the leading Prequalification software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are RedShred.

Related Vertical Industry Software categories

All Vertical Industry Software SaaS categoriesEvery category we track inside Vertical Industry Software, each ranked by revenue.Browse every SaaS industryThe full A-Z of SaaS categories Latka tracks, from Prequalification to everything else.

Inclusion Criteria

- Must facilitate the evaluation and qualification of contractors or subcontractors - Should automate the collection and management of data related to financial stability and safety records - Capable of providing customizable questionnaires for assessing potential partners - Must include features for document management and compliance tracking - Not just a project management tool; must specifically focus on prequalification processes - Should support reporting and analytics to aid in decision-making