About Procore
Procore is a company based in Carpinteria (United States) founded in 2003.. Procore has raised $405.2 million across 9 funding rounds from investors including Bessemer Venture Partners, European Union and Greater Pacific Capital. The company has 4,200 employees as of December 31, 2024. Procore has completed 8 acquisitions, including BIManywhere, Esticom and Honest Buildings. Procore offers products and services including Preconstruction Tools, Project Execution Tools, Resource Management Tools, and Financial Management Tools. Procore operates in a competitive market with competitors including Nemetschek Group, Hover, Viewpoint, PlanRadar and Hyphen Solutions, among others.
- Headquarter Carpinteria, United States
- Employees 4200 as on 31 Dec, 2024
- Stage Public
-
Sectors
Real Estate & Construction
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Procore Technologies, Inc.
-
Annual Revenue
$1.15 B21.23as on Dec 31, 2024
-
Net Profit
$-105.96 M44.14as on Dec 31, 2024
-
EBITDA
$-50.44 M63.92as on Dec 31, 2024
-
Total Equity Funding
$405.2 M (USD)
in 9 rounds
-
Latest Funding Round
$150 M (USD), Series I
Apr 30, 2020
-
Investors
Bessemer Venture Partners
& 5 more
-
Employee Count
4200
as on Dec 31, 2024
-
Investments & Acquisitions
BIManywhere
& 7 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Procore
Procore is a publicly listed company on the NYSE with ticker symbol PCOR in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Procore
Procore offers a comprehensive portfolio of products and services, including Preconstruction Tools, Project Execution Tools, Resource Management Tools, and Financial Management Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for managing designs, estimates, and tenders.
Platform for handling project activities and safety standards.
Tools to assign and monitor workforce productivity.
Software for real-time project financial health monitoring.
Unlock access to complete
Unlock access to complete
Leadership Team
123 people
Sales and Marketing
68 people
Software Development Team
65 people
Product Management Team
55 people
Human Resources and Administration
26 people
Operations Team
23 people
Senior Team
23 people
Customer Team
18 people
Unlock access to complete
Funding Insights of Procore
Procore has successfully raised a total of $405.2M across 9 strategic funding rounds. The most recent funding activity was a Series I round of $150 million completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series I — $150.0M
-
First Round
First Round
(23 Jan 2007)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series I - Procore | Valuation |
investors |
|
| Dec, 2018 | Amount | Series H - Procore | Valuation | Tiger Global Management | |
| Dec, 2016 | Amount | Series G - Procore | Valuation | Iconiq Capital |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Procore
Procore has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, European Union and Greater Pacific Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture and private equity investments are managed with global diversification.
|
Founded Year | Domain | Location | |
|
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
|
Founded Year | Domain | Location | |
|
Expansion-stage VC firm that invests in the US, Middle East and Europe
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Procore
Procore has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include BIManywhere, Esticom and Honest Buildings. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Digital twin platform for construction field management is offered.
|
2017 | ||||
|
Provider of cloud-based 3D visualization tools for 3D models
|
2016 | ||||
|
AI-enabled SaaS solutions for construction field collaboration are provided.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Procore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Procore Comparisons
Competitors of Procore
Procore operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nemetschek Group, Hover, Viewpoint, PlanRadar and Hyphen Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of management solutions for the construction sector
|
|
| domain | founded_year | HQ Location |
Hover is recognized for providing construction and renovation software solutions.
|
|
| domain | founded_year | HQ Location |
SaaS-based project management solutions are delivered for construction.
|
|
| domain | founded_year | HQ Location |
SaaS documentation management solutions for construction are provided.
|
|
| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Procore
Frequently Asked Questions about Procore
When was Procore founded?
Procore was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Where is Procore located?
Procore is headquartered in Carpinteria, United States. It is registered at Carpinteria, California, United States.
Is Procore a funded company?
Procore is a funded company, having raised a total of $405.2M across 9 funding rounds to date. The company's 1st funding round was a Series G of $50M, raised on Jan 23, 2007.
How many employees does Procore have?
As of Dec 31, 2024, the latest employee count at Procore is 4,200.
What is the annual revenue of Procore?
Annual revenue of Procore is $1.15B as on Dec 31, 2024.
What does Procore do?
Procore was founded in 2003 in Carpinteria, United States, within the construction technology sector. A SaaS platform is maintained to facilitate project oversight for industry users. Core operations include document handling, bid and tender processes, field productivity tracking, design collaboration, accounting linkages, invoice administration, and portfolio monitoring. These elements support various construction workflows across professional environments.
Who are the top competitors of Procore?
Procore's top competitors include Hover, Nemetschek Group and Viewpoint.
What products or services does Procore offer?
Procore offers Preconstruction Tools, Project Execution Tools, Resource Management Tools, and Financial Management Tools.
Is Procore publicly traded?
Yes, Procore is publicly traded on NYSE under the ticker symbol PCOR.
How many acquisitions has Procore made?
Procore has made 8 acquisitions, including BIManywhere, Esticom, and Honest Buildings.
Who are Procore's investors?
Procore has 6 investors. Key investors include Bessemer Venture Partners, European Union, Greater Pacific Capital, Tiger Global, and Lumia Capital.
What is Procore's ticker symbol?
The ticker symbol of Procore is PCOR on NYSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.