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
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Procore Technologies, Inc.
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Annual Revenue
$1.15 B (USD)21.23as on Dec 31, 2024
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Net Profit
-$105.96 M (USD)44.14as on Dec 31, 2024
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EBITDA
-$50.44 M (USD)63.92as on Dec 31, 2024
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Total Equity Funding
$405.2 M (USD)
in 9 rounds
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Latest Funding Round
$150 M (USD), Series I
Apr 30, 2020
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Investors
Bessemer Venture Partners
& 5 more
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Employee Count
4200
as on Dec 31, 2024
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Investments & Acquisitions
BIManywhere
& 7 more
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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.
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.
People of Procore
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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
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Expansion-stage VC firm that invests in the US, Middle East and Europe
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Investor details for Procore
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Investments & Acquisitions by Procore
Procore has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include BIManywhere, Esticom and Honest Buildings.
Investment portfolio details for Procore
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Digital twin platform for construction field management is offered.
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Provider of cloud-based 3D visualization tools for 3D models
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AI-enabled SaaS solutions for construction field collaboration are provided.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Procore
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- Acquired stakes
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Financial Statements - Procore
Detailed financials for Procore
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Procore Comparisons
Peer comparison for Procore
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of management solutions for the construction sector
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Hover is recognized for providing construction and renovation software solutions.
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SaaS-based project management solutions are delivered for construction.
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SaaS documentation management solutions for construction are provided.
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Collaboration and scheduling software is provided for home construction.
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Detailed competitors of Procore
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Latest news on Procore
Complete news archive for Procore
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Procore
Procore was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Procore is headquartered in Carpinteria, United States. It is registered at Carpinteria, California, United States.
Procore is a funded company, having raised a total of $405.2M across 9 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Procore is 4,200.
Annual revenue of Procore is $1.15B as on Dec 31, 2024.
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.
Procore's top competitors include Hover, Nemetschek Group and Viewpoint.
Procore offers Preconstruction Tools, Project Execution Tools, Resource Management Tools, and Financial Management Tools.
Yes, Procore is publicly traded on NYSE under the ticker symbol PCOR.
Procore has made 8 acquisitions, including BIManywhere, Esticom, and Honest Buildings.
Procore has 6 investors. Key investors include Bessemer Venture Partners, European Union, Greater Pacific Capital, Tiger Global, and Lumia Capital.
The ticker symbol of Procore is PCOR on NYSE.