Procore Technologies Stock
Cloud-Based Construction Management Software
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About Procore Technologies Stock
Procore offers cloud-based construction management software that aims to modernize and digitize construction management by enabling real-time access to project information. Procore's platform claims to simplify complex workflows and facilitate communication among key stakeholders. Procore offers products across four core categories that aim to address a range of needs throughout a construction project's lifecycle: preconstruction, project management, resource management, and financial management
In February 2020, Procore filed to go public, but the company subsequently delayed its IPO plans due to COVID-19.
Procore was founded on January 17, 2002, with headquarters in Carpinteria, California.
Investors
Bessemer Venture Partners
Swiggy, PharmEasy, BigBasket, Pinterest, Snapdeal, Sila Nanotechnologies, ServiceTitan, Toast, Hinge Health, Box
Collaborative Fund
Lyft, Reddit, Eat Just, Scopely, Procore Technologies, Getaround, WHOOP, Tala, Earnest, Outschool
Dragoneer Investment Group
Flipkart, Spotify, Databricks, Airbnb, Instacart, Chime, DoorDash, UiPath, Lacework, Nubank
Iconiq Capital
Flipkart, Chime, Articulate, Relativity Space, Netskope, DocuSign, Fivetran, Zymergen, ServiceTitan, Procore Technologies
Red Swan Ventures
Scopely, Oscar Health, Procore Technologies, SeatGeek, Cabify, Harry's, Guideline, VTS, Betterment, Snapdocs
Stage One Capital
Tiger Global Management
Flipkart, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies, CoinSwitch Kuber
VTF Capital
Procore Technologies, Thrive Market, Skillshare, Banjo, Surf Air
Funding History
| May 2004 | $666K |
|---|---|
| August 2006 | $2.9M |
| June 2014 | $194K |
| June 2014 | $16.0M |
| March 2015 | $30.0M |
| December 2015 | $80.0M |
| December 2016 | $50.0M |
| December 2018 | $75.0M |
| July 2019 | $104M |
| September 2019 | $350M |
Management
Founder, Chief Executive Officer & President
Craig Courtemanche, Jr.
Chief Technology Officer
Sam Crigman
Press
finledger - Oct, 27 2020
Procore acquires Esticom ‘to invest in the future of preconstruction’aithority - Oct, 19 2020
Procore Introduces App Management Metrics to Give Visibility into Third-Party App Adoptionprnewswire - Apr, 13 2020
Procore Announces Four New Appointments to its Board of Directorsnews - Mar, 2 2020
Construction Tech Unicorn Procore Drops S-1, Revealing Sharply Rising Revenue And Net LossesTechCrunch - Mar, 2 2020
Unpacking Procore’s S-1 filingGlobeSt - Jan, 22 2020
Procore's Plans for Construction Tech in 2020builtinaustin - Jun, 5 2019
Pro-Austin: How Procore's local team shines amid the company's massive growth plansprnewswire - May, 30 2019
Balfour Beatty to Standardize Procore Across All U.S. Projectsprnewswire - May, 20 2019
Procore Names Benjamin Singer as Chief Legal Officerprnewswire - Apr, 16 2019
More Than 1,200 Specialty Contractor Companies Now Rely on Procore to Manage Their Businessprnewswire - Apr, 10 2019
Procore Joins the Pledge 1% Movementprnewswire - Apr, 8 2019
Procore Promotes Construction Safety With Third Annual Procore Safety Qualified ProgramEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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