Procore Selects COMPASS as Its Preferred Subcontractor Prequalification Solution

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Procore Technologies announced a partnership with COMPASS by Bespoke Metrics as its preferred subcontractor prequalification solution. The collaboration introduces a new tool, Prequal for All, now available to Procore clients. COMPASS evaluates financial, safety, insurance, and operational data to generate a Q Score. Over 150,000 subcontractors use the platform. The partnership announcement highlights integration with Procore’s AI platform to enhance risk management. A new COMPASS Risk Agent is scheduled to launch later this year. Inflation data is expected to impact risk assessments in the coming months.
CoinDesk reports:

Toronto, October 15 /PRNewswire/ — Bespoke Metrics today announced that Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, has selected COMPASS as its preferred subcontractor prequalification solution. This expanded partnership introduces Prequal for All, which is now available to Procore customers as of today.

Prequal for All makes COMPASS’s prequalification functionality available to all general contractors and subcontractors working in Procore. Subcontractors simply complete a standardized prequalification profile, keep it updated, and can share it with any general contractor of their choice; over 150,000 subcontractors have already joined COMPASS.

COMPASS analyzes each subcontractor’s financial, security, insurance, and operational information to generate a COMPASS Q Score (construction credit score) along with recommended prequalification outcomes. The risk team sets standards and reviews exceptions within COMPASS, while the project team views results in Procore during bidding and award processes.

Geoff Lewis, Senior Vice President of Products at Procore, said: “Pre-qualification is a critical risk management function that requires purpose-built tools and a data-rich platform. By deepening our partnership with Bespoke Metrics and integrating its insights directly into Procore’s AI-powered platform, we are replacing passive, static forms with proactive, modern risk intelligence. We are enhancing the value we deliver to our shared customers by helping them make smarter, faster risk management decisions.”

COMPASS is among the first partners to integrate with Procore via the Model Context Protocol (MCP), an emerging standard for AI systems to share information. Bespoke Metrics and Procore are leveraging this connection to develop an agent-based AI pre-qualification feature, with the first COMPASS Risk Agent expected to launch later this year. From bidding to award, this new agent will enable project teams to view the status of each subcontractor without leaving Procore.

The principle is simple: risk intelligence should flow, but sensitive data should not leave the system. Subcontractors control which general contractors can view their COMPASS files, while their financial statements remain within COMPASS. What is passed to Procore are the outcomes: the Q Score and prequalification results.

Michael Ho, Founder and CEO of Bespoke Metrics, said: “Lenders don’t extend credit without a credit score. Yet, the construction industry still relies on stacks of forms to qualify most trade partners. By making COMPASS the preferred pre-qualification solution within Procore, we place independent risk ratings at the heart of contractor selection—benefiting general contractors and especially those subcontractors who earn qualification on merit.”

About Bespoke Metrics

COMPASS by Bespoke Metrics is the world’s largest pre-qualification network for construction, connecting over 400 general contractors and 150,000 subcontractors across 33 countries, representing more than $1 trillion in annual construction activity. COMPASS uses standardized data collection, verification, and subcontractor evaluation methods to manage risk in the construction supply chain. Subcontractors maintain a safety profile, controlling which general contractors can access it, and generate a COMPASS Q Score—a construction credit score—that reflects their operational expertise, financial capacity, and health and safety record. For more information, visit compass.bespokemetrics.com.

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