Procore

What Procore does

Procore Technologies, Inc. is a publicly traded (NYSE: PCOR) cloud-based construction management software company headquartered in Carpinteria, California, founded in 2002 and IPO'd in May 2021 at an $8.9 billion valuation. The company provides a unified platform connecting general contractors, specialty contractors, owners, and public agencies across preconstruction, project execution, cost management, resource management, quality and safety, and closeout. Its core product modules include Project Management, Project Financials, Cost Management, Resource Management, Quality & Safety, BIM, Bid Management, Invoice Management, Pay, and the Connected Common Data Environment, augmented by the Procore AI/Helix layer for agentic workflow automation. The platform operates on a volume-based annual subscription priced by Annual Construction Volume (not per-seat), offering unlimited users and unlimited storage, which broadens adoption across project stakeholders and creates a data flywheel across 3 million+ projects.

Name

Procore

Legal name

Procore Technologies, Inc.

Website

https://procore.com

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

Procore provides cloud-based construction management software to general contractors, owners, specialty contractors, and government agencies, offering volume-based subscriptions with AI-powered workflow automation across the project lifecycle.

Ownership category

akta.pro rank

Product category

Construction Management Software

NAICS

Software Publishers (513210), Computer Systems Design and Related Services (5415)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Managed Application Platforms (App PaaS & Runtime Services) (HDABAAAD)

akta.pro secondary industries

AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), Cloud Compliance, Audit & Continuous Controls Monitoring (CCM/GRC) (HDABAHAI)

Keywords

• Construction management software
• Cloud-based project management
• Construction project financials
• Resource management platform
• BIM collaboration software

Headquarters

HQ city

Carpinteria

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Construction Management Software Subscription: Annual subscription model based on Annual Construction Volume (ACV). Provides unlimited user access, unlimited data storage, and access to core platform modules including project management, financials, quality, safety, and preconstruction capabilities. Revenue recognized from product subscriptions and multi-year contract pools.
2. Platform Add-ons and Module Expansion: Revenue expansion through net revenue retention above 110% via customers adding additional products/modules. Customers increase spend as projects grow and multi-module adoption spreads across organizations.
3. Professional Services: Implementation and onboarding services, training programs including 18 on-demand role-based certifications, and deployment architecture services for customer success.
4. Marketplace Ecosystem: Third-party app integrations through marketplace creating ecosystem lock-in and reducing churn. 500+ integrations with ERP, accounting, BIM, and specialty tools.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Procore sells a cloud-based construction management software platform that connects general contractors, specialty contractors, owners, and other project stakeholders on a single system spanning preconstruction, project execution, cost management, resource management, quality and safety, and project closeout. The platform operates on an unlimited-user, annual subscription model priced by Annual Construction Volume and integrates with 500+ third-party tools. Procore AI, powered by the Datagrid-acquired distributed data grid, adds agentic AI capabilities for RFI, submittal, schedule, and daily log workflows.

Product overview

Procore is a cloud-based construction management platform offering a unified suite of interconnected modules for project management, financials, quality, safety, and resource optimization. The platform operates on a core architecture with Procore AI (powered by acquired Datagrid technology) providing agentic capabilities for workflow automation, risk prediction, and knowledge retrieval. Key product modules include Project Management, Quality & Safety, Analytics, Project Financials, Cost Management, Resource Management, BIM, Bid Management, Invoice Management, Pay, and the Connected Common Data Environment. Procore serves diverse segments including General Contractors, Owners, Specialty Contractors, and industry verticals (Commercial, Education, Data Centers, Government, Healthcare, Industrial, Residential, Civil & Infrastructure). The platform offers unlimited user licensing and integrates with 500+ third-party tools including major accounting systems (Sage, QuickBooks, Xero, Yardi), scheduling tools (Microsoft Project, Oracle Primavera P6), and specialized construction applications. Acquired brands Levelset (lien rights management, 2021) and Datagrid (AI infrastructure, 2026) extend the platform's capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Procore AI (Helix): AI-powered capabilities built into the Procore platform for construction management, including agentic AI features, workflow automation, and predictive insights.
• Procore for Government
• Datagrid
• Levelset

Products and services

• Procore Platform Core cloud-based construction management platform that connects all project stakeholders with unlimited user access, providing a single source of truth for project data from preconstruction through closeout.
• Procore AI AI-powered layer built on Datagrid infrastructure offering agentic capabilities including autonomous agents for RFI, submittal, schedule, and daily log workflows; predictive risk identification; and natural language knowledge retrieval across the platform.
• Project Management Mobile-friendly project management software connecting field and office with real-time visibility, document management, RFI tracking, and daily logs.
• Quality & Safety Risk mitigation and quality control tools with real-time field data, inspections, incidents tracking, and safety compliance management.
• Analytics Pre-built and custom reporting with unified data across projects, enabling identification of risks and inefficiencies with actionable insights.
• Project Financials Real-time project budget management with field-to-finance visibility, connecting spending decisions to profit at project closeout.
• Cost Management Financial risk reduction and capital visibility tools managing contracts, change orders, and budget tracking across projects.
• Resource Management Labor, materials, and equipment optimization with real-time productivity tracking and AI-driven recommendations for resource deployment.
• BIM Building Information Modeling tools providing field teams instant access to BIM data, design coordination, and 3D model comparison with site conditions.
• Bid Management Bidding workflow automation distributing information, collecting bids, and tracking coverage across the procurement process.
• Invoice Management Billing and invoicing solution across stakeholders with real-time access to financial information.
• Pay Subcontractor payment solution with process transparency, compliance checklists, and lien waiver automation.
• Procore for Government FedRAMP Moderate Authorized construction management environment hosted on AWS GovCloud (US) for U.S. federal, state, local, tribal, and territorial entities and DoD contractors with CMMC Level 2 obligations.
• Accounting Integrations Cloud-based construction management integration with enterprise accounting systems including Sage, Viewpoint, QuickBooks, Xero, and Yardi.
• Datagrid Distributed data grid software platform enabling agentic AI solutions and autonomous workflows across the Procore construction platform. Acquired January 2026 for $168 million and embedded into Procore's core architecture.
• Levelset Construction lien rights management and payment compliance platform providing compliance workflows, lien waivers, and payment process automation for construction projects.
• Connected Common Data Environment (CDE) Purpose-built data environment unifying project data from approved design through handover, powered by Datagrid AI and enabling agentic workflows across the full construction lifecycle with ISO 19650 and UK Building Safety Act compliance.
• Portfolio Management and Capital Planning Suite New suite of portfolio management and capital planning capabilities for construction project owners, including Concept Projects, Portfolio Monitoring, Owners Hub, Capital Planning, Funding Source Management, and Asset Management, embedding Procore AI to identify emerging risks and automate workflows.
• Procore App Marketplace Marketplace of 500+ third-party integrations with ERP, accounting, BIM, and specialty construction tools, enabling partner-led distribution and ecosystem lock-in.

Quantifiable outcome

• 16% reduction in rework
• +11 more outcomes

Named customers21 records

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration26 records

AI capability10 records

Feature5 records

Partnerships

Five partnerships are on record, tiered minor and core.

• OLIO Development GroupminorStrategic or Co-development Partner · 1 May 2026Community engagement program partnership connecting vocational students with construction sites. Procore representatives introduce participants to construction technology, supporting workforce development initiatives.
• NVIDIAcoreTechnology or Integration · 1 March 2026Strategic partnership integrating Procore's construction management platform with NVIDIA Omniverse DSX Blueprint for digital twin simulation of AI factory design and operations. Enables real-time visualization and simulation of design updates for AI infrastructure projects. NVIDIA is using Procore's digital thread platform to build its own AI factories.
• United RentalscoreTechnology or Integration · 1 February 2026Telematics integration partnership delivering United Rentals' rental equipment data directly into Procore's Resource Management platform. Enables AI-driven recommendations for contractors managing equipment across jobsites. Unifies owned and rented equipment visibility in single platform.
• DatagridcoreTechnology or Integration · 1 January 2026Acquisition completed January 2026 for $168 million. Datagrid is a US-based vertical AI startup specializing in distributed data grid software. Provides infrastructure for embedding agentic AI solutions and enabling autonomous workflows across Procore's construction platform.
• LevelsetcoreTechnology or Integration · 1 September 2021Acquired September 2021 for $500 million ($425M cash, $75M stock). Construction lien rights management company specializing in compliance workflows and payment processes. Enhances Procore's payment and financial product capabilities.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Autodesk Construction Cloud: Autodesk's construction division (including former PlanGrid) competes directly with Procore across project management, BIM, and field collaboration for general contractors and owners. It is the most comparable vertically-specialized construction platform peer.
• Oracle Primavera: Oracle's Primavera Unifier and P6 are widely deployed for capital project scheduling and program management, frequently integrated with Procore but also competing for the same enterprise project controls and capital planning workloads.
• Trimble Viewpoint: Viewpoint Spectrum (acquired by Trimble) is a leading construction ERP that competes with Procore's financials and project management modules, particularly among specialty contractors and mid-market general contractors.
• CMiC: CMiC offers a unified construction ERP and project management platform competing with Procore in financial controls, project execution, and field operations, particularly among large general contractors and owners.

Broad incumbents

• Bentley Systems: Bentley provides infrastructure engineering and asset lifecycle software (OpenUtilities, SYNCHRO, ProjectWise) that overlaps with Procore in civil/infrastructure and owner-side asset management, though its core focus is engineering design rather than GC workflows.
• Sage Construction: Sage 300 CRE and Sage Intacct Construction are leading construction accounting and ERP platforms. Although partnered with Procore via the App Marketplace, Sage competes for the financial-management layer of construction firms.

Emerging players

• Buildertrend: Buildertrend is a leading residential construction management platform for custom home builders and remodelers. It competes with Procore in the residential vertical but is focused on smaller project volumes and SMB customers.
• Fieldwire: Fieldwire provides field execution and task management software for specialty contractors. It overlaps with Procore's quality & safety and project management modules but is narrower in scope and smaller in scale.
• Raken: Raken offers daily reporting, time tracking, and field productivity tools for construction crews. It is an emerging field-execution competitor with overlap to Procore's quality & safety and field-to-office workflows.

Regional players

• Jonas Construction Software: Jonas is a vertically integrated construction ERP focused on mechanical, electrical, and specialty contractors primarily in North America. It competes with Procore among specialty contractor customers but lacks Procore's enterprise breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/procoretech
• YouTubeyoutube.com/user/ProcoreVideo
• Facebookfacebook.com/procore.tech
• LinkedInlinkedin.com/company/procore-technologies
• Instagraminstagram.com/procoretech

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds18 records

Investors17 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Procore