/Companies

Honest Buildings

Acquired

New York, US · Founded 2011 · Delaware corporation · 17 known investors

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Acquired by Procore Technologies July 2019 · terms undisclosed — undisclosed (one secondary source cites ~$161.6M, unconfirmed) · source ↗

Procore provides a cloud-based project management platform for construction companies, enabling teams to manage projects from preconstruction through closeout. The software offers mobile connectivity, real-time visibility, quality and safety tracking, and AI-powered insights to optimize efficiency, reduce costs, and improve decision-making across construction operations.

Founders & leadership

Honest Buildings was founded in 2011 by Riggs Kubiak.

RKRiggs Kubiak
Riggs KubiakFounder & CEO (acquired by Procore)2012–2019Kubiak worked in commercial real estate at Ernst & Young, Granite Partners, and Tishman Speyer before founding Honest Buildings, a construction technology company that grew to 125 employees and was acquired by Procore in 2019. He holds a degree from Boston College and currently leads Contest Point Ventures, a company-building and investment platform.

Board

DM
Dhiraj MalkaniBoard director
JK
Jared KushnerBoard director
GD
Gary DillaboughBoard director

Investors · 17

The Westly Grouplisted by The Westly GroupMenlo Park · $500K – $15M

How we know: a partner's Signal profile · the VCSheet dataset · Not right? Tell us

JLL SparkreportedSan Francisco

How we know: the VCSheet dataset · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$36.8M disclosed across 4 rounds · 2012–2017

▶$30MraisedMay 2018 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Riggs KubiakExecutive Officer, Director
  • Gary DillaboughDirector
  • Stoddard WilsonDirector
  • Brad GreiweDirector
  • Michael TurnerDirector
  • Ric ClarkDirector
Offering amount
$30.7M
Amount sold
$30M
First sale
Oct 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MraisedAug 2016 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brad GreiweDirector
  • Riggs KubiakExecutive Officer, Director
  • Gary DillaboughDirector
  • Stoddard WilsonDirector
Offering amount
$5M
Amount sold
$1M
First sale
Aug 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedJun 2015 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Riggs KubiakExecutive Officer, Director
  • Dhiraj MalkaniDirector
  • Jared KushnerDirector
  • Gary DillaboughDirector
Offering amount
$5M
Amount sold
$5M
First sale
May 2015
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$750KraisedJan 2012 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Riggs KubiakExecutive Officer, Director
Offering amount
$2M
Amount sold
$750K
First sale
Jan 2012
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Legal entities · 1

corporate structure
Honest BuildingsDelaware

Frequently asked questions

What does Honest Buildings do?
Procore provides a cloud-based project management platform for construction companies, enabling teams to manage projects from preconstruction through closeout. The software offers mobile connectivity, real-time visibility, quality and safety tracking, and AI-powered insights to optimize efficiency, reduce costs, and improve decision-making across construction operations.
Who founded Honest Buildings?
Honest Buildings was founded by Riggs Kubiak in 2011.
Who are Honest Buildings's investors?
Honest Buildings's investors include Alkeon Innovation, Aristos Ventures, Bessemer Venture Partners, Building Ventures, Greensoil PropTech Ventures, JLL Spark Global Ventures, Navitas Capital, RiverPark Ventures and 9 more.
How much funding has Honest Buildings raised?
Honest Buildings has disclosed $36.8M raised across 4 rounds.
Where is Honest Buildings headquartered?
Honest Buildings is headquartered in New York, US.