Procore

Procore Technologies, Inc. is a software company that offers a cloud-based construction management platform designed to enhance collaboration and efficiency in the construction industry. Its software facilitates various aspects of project management, including planning, document management, financial tracking, and communication among stakeholders such as owners, general contractors, specialty contractors, architects, and engineers. Procore serves a diverse range of customers involved in commercial, residential, industrial, and infrastructure projects. The company generates revenue through subscriptions for access to its platform, which users can access via computers, smartphones, and tablets. Founded in 2002 and headquartered in Carpinteria, California, Procore has operations across multiple states in the U.S. and in several countries, including Australia, Canada, England, and Mexico. The platform includes a variety of tools, such as Design Coordination, BIM, and Project Financials, aimed at improving project efficiency and reducing errors.

Ashley Carroll

Vice President Of Product Management

Rubiena Duarte

Vice President of Diversity, Equity, Inclusion and Belonging

Paul Lyandres

President

11 past transactions

UnEarth

Acquisition in 2023
Unearth Technologies, Inc. is a Seattle-based company that specializes in developing cloud-based GIS mapping software aimed at enhancing data and workflow management within the construction sector. Founded in 2016, the company addresses common industry challenges such as declining productivity, cost overruns, and project delays through its innovative platform. Unearth's OnePlace solution stands out as a mobile GIS tool that integrates work, asset, and team management, facilitating improved field operations across critical infrastructure industries, including transportation, energy, and telecommunications.

PermitFlow

Seed Round in 2023
PermitFlow is the first construction permit application and management platform for builders and owners. The company aims to streamline and simplify construction permitting in the United States, unlocking more value in the $1.6 trillion construction market. The company's software reduces the time to allow while standardizing municipalities’ building permit submittal process in a single platform. PermitFlow supports permitting end-to-end including permit research, application preparation, submission, and monitoring. With our nationwide coverage and deep, local municipal expertise, PermitFlow helps builders permit whether in a single municipality or across multiple states. PermitFlow is a Y Combinator graduate from the YC W22 program.

LaborChart

Acquisition in 2021
LaborChart LLC is a cloud-based workforce management platform designed specifically for the construction industry. Incorporated in 2013 and based in Overland Park, Kansas, the company provides tools that assist businesses in managing employee scheduling, dispatching, and communication. The platform enables contractors to organize their workforce and resources efficiently, allowing them to create schedules for workers across multiple construction sites. By utilizing automated notifications and simplifying repetitive manual processes, LaborChart helps contractors save time and optimize their manpower, ultimately improving overall workflow and productivity.

Levelset

Acquisition in 2021
Levelset is a developer of a cloud-based platform designed to streamline payment processes for contractors and suppliers in the construction industry. The platform facilitates the exchange of essential payment documents, such as lien waivers, pay applications, and preliminary notices, allowing users to collaborate effectively and maintain clarity regarding project stakeholders. By providing resources and insights, Levelset empowers users to manage their finances confidently, leading to faster payments and reduced financial uncertainties. The company's focus on enhancing visibility and simplifying paperwork exchanges helps ensure successful project outcomes for all parties involved.

Shepherd

Seed Round in 2021
Shepherd is an Insurtech company that provides technology-driven insurance solutions specifically for the commercial construction industry. It operates an online insurance platform that utilizes data and technology to assess, predict, and price risks associated with construction projects. By automating manual processes, Shepherd's platform streamlines operations for brokers, allowing them to save time and enhance the overall experience for their construction clients.

INDUS.AI

Acquisition in 2021
INDUS.AI is a construction intelligence platform that provides real estate investors, owners, developers, and general contractors with real-time visibility and actionable insights into construction activities, productivity, and risks. Founded in 2017, the company operates offices in San Francisco and Toronto, serving clients across the United States, Canada, Hong Kong, and Brazil. INDUS.AI employs a cloud-based 3D computer vision platform that utilizes live video streams from secure IP cameras to identify inefficiencies on construction sites. This technology enables project managers and general contractors to optimize labor, equipment, and materials while offering real-time project controls to address over-billed charges and schedule discrepancies. By enhancing safety, efficiency, and transparency, INDUS.AI aims to transform construction site management and improve overall project outcomes.

Esticom

Acquisition in 2020
Esticom Inc. is a cloud-based software company specializing in construction takeoff and estimating solutions, founded in 2015 and based in Austin, Texas. As a subsidiary of Procore Technologies, Esticom focuses on serving specialty contractors in various industries, including electrical, plumbing, HVAC, security, fire alarm, and building automation. The company's software is designed to enhance operational efficiency by providing tailored estimating and project management tools, ultimately helping clients build profitable contracting businesses. Through its innovative solutions, Esticom aims to streamline the preconstruction process and improve project outcomes for its users.

Avata Intelligence

Acquisition in 2020
Avata Intelligence specializes in providing a cloud-based Natural Language Assistant (NLA) designed to automate information tasks, thereby enabling businesses to concentrate on creating value. The NLA organizes and manages content, retrieves specific information on demand, answers questions directly, and monitors external resources for significant updates. In addition, Avata offers an enterprise platform that integrates data with decision-making processes, combining human intuition with machine intelligence. This platform delivers a range of analytics—descriptive, diagnostic, predictive, and prescriptive—utilizing AI techniques, including machine learning. By doing so, Avata Intelligence helps enterprises of all sizes to effectively understand and respond to critical challenges, facilitating the implementation of impactful solutions.

Construction BI

Acquisition in 2019
Construction BI is a data analytics and reporting solutions provider based in Columbus, Ohio, specializing in the construction industry. The company focuses on helping construction firms modernize and optimize their technology investments to enhance competitiveness and differentiate their services in a crowded marketplace. With decades of experience, Construction BI offers services such as business intelligence, custom reporting, technology evaluation, and the creation of strategic roadmaps for implementation. The firm emphasizes that effective data exploration and analysis are crucial for optimizing business processes and improving overall outcomes for its clients.

Honest Buildings

Acquisition in 2019
Honest Buildings, Inc. is a New York-based company that operates a data-driven project management and procurement platform tailored for commercial real estate owners and managers in North America. Established in 2011, the platform allows users to centralize project cost tracking and procurement activities, enhancing transparency and automating bid management. It is designed to manage portfolios across various sectors, including office, retail, industrial, hospitality, and multifamily properties. By streamlining project management processes and reducing reliance on complex spreadsheets, Honest Buildings enables real estate companies to unlock value from their data, improve project delivery speed, reduce costs, and enhance overall efficiency. The platform is utilized by notable firms such as Brookfield, Invesco, and SL Green, among others, to facilitate collaborative and informed decision-making in capital and construction projects. As of 2019, Honest Buildings operates as a subsidiary of Procore Technologies.

BIManywhere

Acquisition in 2018
BIManywhere is a visual BIM collaboration platform for construction and facilities management. It provides superintendents, foremen, and facilities engineers with access to BIM model information anywhere on the construction job site to streamline multidiscipline collaboration, reduce workflows, and manage projects. The app is designed for Apple iPad mobile devices. BIManywhere was launched in 2012 and is operated from California, United States.
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