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Procore Technologies Stock

Cloud-Based Construction Management Software

Founded

2002

Notable Investors

Bessemer Venture Partners

Headquarters

Carpinteria CA, US

Total Funding

$708M

About Procore Technologies Stock

Procore provides cloud-based construction management software. It offers Procore, a cloud-based construction project management software solution to manage vital project data; and Procore Mobile, a mobile construction application that enables users to review, create, edit, and share project data with team members from various locations. The company helps firms drastically increase project efficiency and accountability by streamlining and mobilizing project communications and documentation. Procore also provides Procore Drive, a document management platform with file upload and downloads that allows teams to share and collaborate on files without the impediments of FTP clients or other cumbersome file sharing solutions; CurrentSet, a drawing management application that organizes construction drawings into one master set; and Procore Construction OS, a cohesive platform that connects people, applications, and devices to create a frictionless construction process. Its software manages various construction projects that include industrial plants, office buildings, apartment complexes, university facilities, retail centers, and more. Procore serves clients in commercial, industrial, multifamily, residential, and transportation industries in the United States and internationally. Craig Courtemanche founded it on January 17, 2002, with its headquarters in Carpinteria in California.

Investors

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

Tooey Courtemanche

Chief Strategy Officer

Rusty Reed

Chief Financial Officer

Paul Lyandres

Press

Other Companies

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Some data provided by Crunchbase

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