Name: Procore
Brand: Procore Technologies, Inc
SKU: 686ccf363a49c90b5e482083
Rating: 4.6 (11818 reviews)

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Procore

By Procore Technologies, Inc

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Building Information Modeling Software

Construction Management Software

Overview of Procore Software Company

Procore Technologies, Inc. is a leading provider of cloud-based construction management software, headquartered in Carpinteria, California. The company’s mission is to connect everyone in construction on a global platform, enabling seamless collaboration and data-driven decision-making across the entire project lifecycle—from preconstruction to closeout. Procore serves a wide range of clients including owners, general contractors, specialty contractors, architects, and engineers, operating in both residential and commercial sectors.

Founding and Growth

Procore was founded in 2003 by Craig “Tooey” Courtemanche Jr., who remains the company’s CEO and Chairman. The idea emerged from his personal frustration with managing construction projects using fragmented tools. Over the years, Procore evolved into a full-fledged SaaS platform, becoming one of the most recognized names in construction tech. The company went public on the New York Stock Exchange (NYSE: PCOR) in May 2021, marking a major milestone in its growth trajectory.

Funding and Valuation

Procore has raised approximately $405 million in funding from top-tier investors including Iconiq Capital, Bessemer Venture Partners, and Tiger Global Management. At the time of its IPO, Procore was valued at over $11 billion, though its market cap has fluctuated with broader tech trends. As of July 2025, its stock trades around $73 per share, reflecting continued investor confidence in its long-term potential.

Product Offerings and Features

Procore’s platform is modular and includes several core products:

Preconstruction: Tools for bidding, estimating, design coordination, and partner selection.
Project Execution: Real-time collaboration, document control, RFIs, submittals, and compliance tracking.
Resource Management: Workforce scheduling, equipment tracking, and productivity forecasting.
Financial Management: Budgeting, cost tracking, invoicing, and payment workflows.
AI Features: Procore Copilot, Procore Agents, and Procore Insights use AI to automate tasks and provide predictive analytics

The platform is accessible via web browsers and mobile apps (iOS and Android), supporting on-site and remote teams.

Acquisitions and Product Expansion

Procore has expanded its capabilities through strategic acquisitions, including:

Levelset (2021): A payment and lien rights management platform.
Honest Buildings (2019): A project management tool for real estate owners.
Avata Intelligence: Strengthened Procore’s AI and machine learning capabilities.

These acquisitions have helped Procore deepen its offerings in financial workflows, owner-focused tools, and intelligent automation.

Procore AI and New Features

Recent innovations include:

Procore Copilot: An AI assistant that retrieves and summarizes documents, answers queries, and boosts productivity.
Procore Agents: Automated task handlers for RFIs, submittals, and scheduling.
Agent Studio: A no-code environment for customizing AI workflows.
Procore Insights: Predictive analytics for risk management and benchmarking.

These features reflect Procore’s commitment to integrating AI and automation into construction workflows.

Company Culture and Values

Procore emphasizes a culture of innovation, transparency, and community impact. It supports diversity and inclusion through Procore.org, which provides free access to its platform for nonprofits, educational institutions, and underrepresented groups in construction. The company also promotes sustainability and workforce development through strategic partnerships and outreach programs.

User Base and Community

Procore serves over 2 million users globally, including thousands of construction firms across North America, the Middle East, Europe, and Asia-Pacific. Its user community is highly engaged, with access to:

Procore Community: A professional network for sharing best practices and career development.
Procore Certification: Role-based training programs for users at all levels.
Customer Success Teams: Dedicated support and strategic advisors for onboarding and optimization.

Procore’s platform is used in projects ranging from skyscrapers and hospitals to airports and stadiums, making it a trusted solution for complex, high-value construction initiatives.