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Founded Year

2002

Stage

Corporate Minority - P2P | IPO

Total Raised

$500.12M

Market Cap

8.15B

Stock Price

56.80

Revenue

$0000 

About Procore

Procore (NYSE: PCOR) develops construction project management software. Its software manages and organizes project schedules, communications, change orders, requests-for-information data, and job logs. It offers its service to main contractors, subcontractors, and owners. It was founded in 2002 and is based in Carpinteria, California.

Headquarters Location

6309 Carpinteria Avenue

Carpinteria, California, 93013,

United States

866-477-6267

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Research containing Procore

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Procore in 4 CB Insights research briefs, most recently on Oct 26, 2022.

Expert Collections containing Procore

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Procore is included in 3 Expert Collections, including Construction Tech.

C

Construction Tech

1,021 items

Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more

T

Tech IPO Pipeline

568 items

J

Job Site Tech

549 items

Companies in the job site tech space, including technologies to improve industries such as construction, mining, process engineering, forestry, and fieldwork

Procore Patents

Procore has filed 83 patents.

The 3 most popular patent topics include:

  • technical drawing
  • building engineering
  • infographics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/3/2021

11/28/2023

Technical drawing, Building engineering, Graphical projections, Infographics, Mass surveillance

Grant

Application Date

3/3/2021

Grant Date

11/28/2023

Title

Related Topics

Technical drawing, Building engineering, Graphical projections, Infographics, Mass surveillance

Status

Grant

Latest Procore News

Buildertrend vs Procore (2023): Which Construction Software is Worth it?

Nov 29, 2023

Buildertrend pricing Buildertrend offers a tier-based pricing model, making it accessible for businesses of various sizes. Their plans range from Essential to Advanced and Complete plans. The Essential plan starts at $199 per month when billed monthly, followed by a price of $499 per month after the first month. The Advanced and Complete plans follow the same trend: The Advanced plan starts at $399 per month and rises to $699 per month after the first month, and the Complete plan starts at $699 per month and rises to $999 per month after the first month. When billed annually, the Essential, Advanced and Complete plans cost $339, $599 and $829 per month respectively. Document management Buildertrend’s document management (Figure A) system is designed to help construction professionals digitize and organize their documents efficiently. It offers a centralized location for all project-related documents, making it easy for teams to access, share and collaborate on files. This system is particularly beneficial for keeping project documentation organized and accessible, reducing the risk of misplacing important documents. Figure A Image: Document management in Buildertrend. In contrast, Procore’s document management system goes a step further by incorporating advanced version control. This feature ensures that all stakeholders are working with the most current documents and can easily track changes over time. The version control capability is particularly useful for complex projects with multiple revisions, as it maintains a clear history of document evolution. Task management Task management in Buildertrend is comprehensive, allowing teams to assign tasks, set deadlines and monitor progress. The platform’s task-tracking capabilities make sure that all team members know their responsibilities and deadlines, promoting accountability and timely completion of tasks. Figure B Image: Project tasks displayed in Procore. Procore integrates task management (Figure B) with project data, providing a more holistic view of tasks in relation to overall project milestones and objectives. This integration allows construction teams to better align tasks with project goals and facilitate more effective project management. RFI and submittal management RFI and submittal management are streamlined in both Buildertrend and Procore. Both platforms allow for efficient handling of RFIs (Figure C) and submittals, but Procore offers the added advantage of linking these directly to project documents, enhancing traceability and reducing the risk of miscommunication. Figure C Reporting and dashboards Buildertrend provides users with the ability to generate a variety of reports to track project progress and financials. The platform’s reporting features are customizable, allowing users to tailor reports to their specific needs and gain insights into project performance. Procore’s reporting is more robust, offering customizable dashboards that give stakeholders a real-time view of project health, progress and risks. The dashboards are designed to provide a comprehensive overview of project data, facilitating data-driven decision-making. Time tracking Buildertrend offers Time Clock (Figure D), which is a digital timesheet that allows teams to track time spent on various tasks and projects. This feature is crucial for managing labor costs and ensuring that project timelines are adhered to. Figure D Image: Buildertrend’s Time Clock feature in action. Procore integrates timecard management with budget items, providing a clearer picture of labor costs in relation to the overall project budget. This integration is beneficial for maintaining financial control and optimizing resource allocation throughout the project lifecycle. Buildertrend pros and cons Our comparison is based on an in-depth assessment of each product’s website, official blogs, user reviews and product demos to give us a holistic understanding of the product use cases, product feel and their targeted customers. We examined the two software tools across their core construction project management capabilities, ease of use, customer support and pricing. How real-world users responded to the products also impacted our comparison. Should Your organization use Buildertrend or Procore? The decision between Buildertrend and Procore boils down to your construction project management needs. If you’re a small to mid-sized construction firm, particularly focusing on residential construction, Buildertrend might be the right choice for you as it best serves specialty contractors, home builders and remodelers. However, if you’re a larger organization that would prefer a tool with a robust set of features and extensive third-party integrations, Procore’s comprehensive toolset could be more suitable. Ultimately, both Buildertrend and Procore offer compelling benefits for construction management. Factors that should influence your choice are business size, project complexity and budget considerations, among others. Subscribe to the Project Management Insider Newsletter Subscribe to Project Management Insider for best practices, reviews and resources. From project scheduling software to project planning apps, stay up to date with the latest in project management tools. Delivered Wednesdays Email Address By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy . You can unsubscribe at any time. Subscribe Subscribe to the Project Management Insider Newsletter Subscribe to Project Management Insider for best practices, reviews and resources. From project scheduling software to project planning apps, stay up to date with the latest in project management tools. Delivered Wednesdays Email Address By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy . You can unsubscribe at any time. Subscribe

Procore Frequently Asked Questions (FAQ)

  • When was Procore founded?

    Procore was founded in 2002.

  • Where is Procore's headquarters?

    Procore's headquarters is located at 6309 Carpinteria Avenue, Carpinteria.

  • What is Procore's latest funding round?

    Procore's latest funding round is Corporate Minority - P2P.

  • How much did Procore raise?

    Procore raised a total of $500.12M.

  • Who are the investors of Procore?

    Investors of Procore include Kier Group, D1 Capital Partners, Bessemer Venture Partners, ICONIQ Capital, Tiger Global Management and 7 more.

  • Who are Procore's competitors?

    Competitors of Procore include Bridgit, PLOT, BuildOps, DigiBuild, ALICE and 7 more.

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Compare Procore to Competitors

Buildertrend Logo
Buildertrend

Buildertrend is a company that focuses on providing cloud-based project management software in the construction industry. The company offers a range of services including estimating, scheduling, change order features, client communication, and document management tools, all designed to streamline every aspect of the construction process. The company primarily sells to the construction industry, including home builders, remodelers, and contractors. It was founded in 2006 and is based in Omaha, Nebraska.

P
ProPlanner

ProPlanner operates as a construction scheduling and planning software. It offers a range of features such as project planning, project scheduling, resource management, cost tracking and budgeting, reporting and analytics, and more. ProPlanner was formerly known as Ipsum. It was founded in 2016 and is based in San Francisco, California.

BuildOps Logo
BuildOps

BuildOps provides a project management platform designed for commercial service contractors. Its platform helps integrates scheduling, dispatching, inventory management, contracts, workflow, and accounting for commercial real estate contractors. It serves the industrial sector. BuildOps was founded in 2018 and is based in Santa Monica, California.

Stack Construction Technologies Logo
Stack Construction Technologies

Stack Construction Technologies is a company that focuses on providing cloud-based software solutions in the construction industry. The company offers a comprehensive suite of services including preconstruction solutions for bid management, takeoff and estimating, and construction management tools for real-time field and project collaboration. Stack Construction Technologies primarily serves subcontractors, general contractors, suppliers and distributors, and owners and developers in the construction industry. Stack Construction Technologies was formerly known as Cloud Takeoff. It was founded in 2008 and is based in Cincinnati, Ohio.

Newforma Logo
Newforma

Newforma is a company that focuses on Project Information Management (PIM) for the Architecture, Engineering, Construction, and Operations (AECO) industry. The company offers cloud-based software solutions that streamline project management, improve communication, and increase efficiency by enabling teams to locate, organize, report, and act on project information. Newforma primarily serves the construction industry, with solutions designed specifically for architects, engineers, contractors, and owners. The company was founded in 2003 and is based in Manchester, New Hampshire.

SmartPM Technologies Logo
SmartPM Technologies

SmartPM Technologies develops schedule analysis and monitoring systems designed to streamline the data management and analysis process for the construction industry. Its system offers an automated analytics platform that translates construction schedule data into concise visuals that stakeholders can understand and utilize proactively to address project risk issues. The company was founded in 2012 and is based in Atlanta, Georgia.

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