Procore Technologies, Inc. PCOR

Company Overview

Procore Technologies, Inc. is a cloud-based software company that provides construction management solutions for the global construction industry. The company operates within the construction technology and enterprise software sectors, delivering a unified platform designed to manage the full lifecycle of construction projects. Procore’s offerings are primarily delivered through a subscription-based software-as-a-service (SaaS) model, with revenue driven mainly by recurring subscriptions and, to a lesser extent, professional services.

Procore serves a broad range of construction industry participants, including general contractors, specialty contractors, owners, and real estate developers. Its platform is positioned as an integrated, end-to-end system that connects project management, financials, quality and safety, and field productivity within a single environment. Founded in 2003, Procore evolved from a project management tool developed to solve real-world construction coordination challenges into a publicly traded company following its initial public offering in 2021, expanding its scope and scale through organic growth and targeted acquisitions.