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Procore

Procore Technologies
Industry Construction Software
Founded 2003
Headquarters Carpinteria, California
Key people
Craig "Tooey" Courtemanche (CEO)
Steve Zahm (President)
Website www.procore.com

Procore Technologies is a construction project management software company founded in 2003, with headquarters in Carpinteria, CA. Their software allows large teams of construction companies, property owners, project managers, contractors, and partners to collaborate on large-scale construction projects and share access to documents, planning systems and data. Data and video can also be streamed in to the system via drones. As of the end of 2015, the company had 1600 clients, and projects to make more than $75 million in revenue from paid users in 2016. Clients include large-scale builder Mortenson Construction., the second-largest sports builder in the US

Procore's investors include Venture Capital firm Bessemer Venture Partners, the longest-standing venture capital practice in the United States. Yuliya Chernova reported in the Wall Street Journal that they valued the company at "$500 Million post-money."

Procore’s project management software includes features such as meeting minutes, drawing markups and document storage for all project-related materials. It is designed to support input from a number of sources including forwarded emails and PDFs. The system can be accessed from all internet-connected mobile devices. Unlike other software offerings in the space, customers are charged per project instead of per user.

Procore's offerings also include an App Marketplace for partner integrations and custom third-party applications. Partners include enterprise file storage and content management company Box, Botlink, a joint venture by Packet Digital) that allows users to stream in both video and data from drones surveying their construction projects., and Dexter + Chaney, an ERP provider.

In May 2016 Procore released a video demonstrating a working prototype of their software running on Microsoft's Augmented Reality headset, HoloLens. The video depicts a project manager wearing a HoloLens headset on a jobsite, viewing waypoints floating at that location. The project manager interacts with the waypoints and leaves notes for a field superintendent right at the physical location in the environment to which they refer.


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