Fundraising Fox

Procore

NYSE: PCOR

Carpinteria, US · Founded 2014 · Public · 10 known investors

All-in-one construction management software platform

Also known as Procore Technologies

Deal analysis

Founders & leadership

Procore was founded in 2014 by Tooey Courtemanche and Steve Zahm.

TCTooey Courtemanche
Tooey Courtemanchein𝕏Co-founderTooey Courtemanche began his career in construction, working as a carpentry apprentice and later as a real estate developer, before founding an earlier software startup during the 1990s Silicon Valley tech boom. He is the founder of Procore, a construction management software platform that connects owners, contractors, architects, and engineers.
SZSteve Zahm
Steve ZahminCo-founderSteve Zahm is an executive officer and director at Procore, maker of an all-in-one construction management software platform. He was a founding team member of two venture-backed enterprise SaaS companies that went public (NASDAQ and NYSE), leading teams across sales, support, finance, HR, learning and development, and facilities, and has lectured at a university on building market- and customer-validated business models.
RB
ROBERT B. REEDExecutive

Board

BFBRIAN FEINSTEIN
BRIAN FEINSTEINin𝕏Board directorPartner at Bessemer Venture Partners
KJ
KEVIN J. O'CONNORBoard director

Investors · 10

Bessemer Venture PartnersRedwood City · $5M – $100M
Fifth WallLos Angeles · $250K – $100M
Greensoil PropTech VenturesToronto
ICONIQSan Francisco
Lumia CapitalSan Francisco · $25K – $30M
RiverPark VenturesNew York · $500K – $1M
Suffolk TechnologiesBoston
TenOneTen VenturesLos Angeles · $500K – $5M
The Westly GroupMenlo Park · $500K – $15M
Zigg CapitalNew York · $4M

Reported raises · per SEC filings

Form D private placements

$330.4M disclosed across 8 rounds · 2014–2021

▶$75MraisedNov 2021 · 64 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Graham SmithDirector
  • Kevin J. O'ConnorDirector
  • Sam CrigmanExecutive Officer
  • William GriffithDirector
  • Nanci CaldwellDirector
  • Craig F. Courtemanche, Jr.Executive Officer, Director
  • Dennis LyandresExecutive Officer
  • Benjamin SingerExecutive Officer
  • Kathryn BuekerDirector
  • Patricia WadorsExecutive Officer
  • Elisa SteeleDirector
  • Brian FeinsteinDirector
  • Paul LyandresExecutive Officer
Offering amount
$75M
Amount sold
$75M
First sale
Nov 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$75MraisedDec 2018 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Perry A. WallackDirector
  • Will GriffithDirector
  • Brian FeinsteinDirector
  • Robert B. Reed, IIIExecutive Officer
  • Kevin J. O'ConnorDirector
  • Craig F. Courtemanche, Jr.Executive Officer, Director, Promoter
  • Steven C. ZahmExecutive Officer, Director, Promoter
Offering amount
$75M
Amount sold
$75M
First sale
Dec 2018
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$50MraisedDec 2016 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • CRAIG F. COURTEMANCHEExecutive Officer, Director, Promoter
  • STEVEN C. ZAHMExecutive Officer, Director, Promoter
  • RUSTY REEDExecutive Officer
  • BRIAN FEINSTEINDirector
  • WILL B. GRIFFITHDirector
  • SAM CRIGMANExecutive Officer
  • PERRY WALLACKDirector
  • KEVIN J. O'CONNORDirector
Offering amount
$50M
Amount sold
$50M
First sale
Dec 2016
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.2MraisedNov 2016 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • PERRY WALLACKDirector
  • SAM CRIGMANExecutive Officer
  • WILL B. GRIFFITHDirector
  • RUSTY REEDExecutive Officer
  • STEVEN C. ZAHMExecutive Officer, Director, Promoter
  • CRAIG F. COURTEMANCHEExecutive Officer, Director, Promoter
  • BRIAN FEINSTEINDirector
  • KEVIN J. O'CONNORDirector
Offering amount
$4.2M
Amount sold
$4.2M
First sale
Nov 2016
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$30MraisedFeb 2016 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • ROBERT B. REEDExecutive Officer
  • KEVIN J. O'CONNORDirector
  • STEVEN C. ZAHMExecutive Officer, Director, Promoter
  • CRAIG F. COURTEMANCHEExecutive Officer, Director, Promoter
  • BRIAN FEINSTEINDirector
Offering amount
$30M
Amount sold
$30M
First sale
Feb 2016
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$50MraisedDec 2015 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • STEVEN C. ZAHMExecutive Officer, Director, Promoter
  • CRAIG F. COURTEMANCHEExecutive Officer, Director, Promoter
  • ROBERT B. REEDExecutive Officer
  • KEVIN J. O'CONNORDirector
  • BRIAN FEINSTEINDirector
Offering amount
$50M
Amount sold
$50M
First sale
Dec 2015
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$30MraisedApr 2015 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • ROBERT B. REEDExecutive Officer
  • CRAIG F. COURTEMANCHEExecutive Officer, Director, Promoter
  • BRIAN FEINSTEINDirector
  • KEVIN J. O'CONNORDirector
  • STEVEN C. ZAHMExecutive Officer, Director, Promoter
Offering amount
$30M
Amount sold
$30M
First sale
Mar 2015
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$16.2MraisedNov 2014 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • ROBERT B. REEDExecutive Officer
  • CRAIG F. COURTEMANCHEExecutive Officer, Director, Promoter
  • KEVIN J. O'CONNORDirector
  • BRIAN FEINSTEINDirector
  • STEVEN C. ZAHMExecutive Officer, Director, Promoter
Offering amount
$16.2M
Amount sold
$16.2M
First sale
Jun 2014
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Valuation · disclosed

Disclosed events
$11.3Bvaluation at IPOMay 2021
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Procore offers a cloud-based construction management platform used to run building projects from preconstruction through closeout. Functional areas include preconstruction (managing designs, estimates, bids and budgets across projects in a single integrated environment), project management with mobile access intended to link the jobsite with the back office in real time, and quality and safety tools covering daily logs, inspections and incident tracking.

The platform layer is positioned around data-driven decision-making aimed at project efficiency and risk reduction, and includes Procore AI, a set of construction-specific AI agents that automate repetitive tasks and support faster decisions within the product. Procore states that more than 3,000,000 projects across over 160 countries have been delivered using the platform, and it publishes customer stories from organizations including Aireko, Brookfield Properties and Ferrovial.

Business model

Procore sells access to its construction management software platform to construction industry organizations, supported by demo-led sales, 24/7 customer support by email, chat and phone, and an ecosystem of third-party integrations.

Traction

Procore reports more than 3,000,000 projects in more than 160 countries run on its platform, and displays third-party review-site ratings ranging from 3.7 to 4.6 across listings with review counts from roughly 2,670 to 45,000.

▸Full profile — market position, technology, go-to-market, geography

Market position

Positioned as an all-in-one platform connecting field and office teams and multiple project stakeholders — owners, contractors and subcontractors — on a single system.

Technology

A mobile-enabled, cloud construction management platform spanning preconstruction, project management, and quality and safety, with Procore AI providing construction-native AI agents for task automation and decision support, plus an App Marketplace offering more than 500 out-of-the-box integrations.

Go-to-market

Prospects are directed to request personalized demonstrations; the company supports adoption with round-the-clock expert support, educational resources such as software buying guides and construction technology ROI reports, and a global user community.

General contractors, owners/developers, and specialty (trade) contractors.

Geography

Projects delivered on the platform span more than 160 countries; the site is published in multiple languages including Spanish, and referenced customers include organizations in Puerto Rico and Spain.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
App marketplace integrationsJan 2025500 integrations
Countries with projectsJan 2025160
Projects run on platformJan 20253,000,000 projects

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap
BuildZoom82478 shared keywordsBuildZoom matches homeowners with local licensed contractors for construction and remodeling projects, using a database of over 160 million building permits and millions of contractor licenses along with a dedicated project consultant. It operates as a U.S. marketplace connecting property owners with vetted contractors and providing data-driven insights to guide hiring decisions.
Nextdoor (NYSE: 2021)51143 shared keywordsNeighborhood social network; IPO 2021
BirdEye36481 shared keywordsBirdeye offers an AI-powered platform with multi-agent "AI Coworkers" that handle marketing, operations, and customer experience tasks such as search optimization, review generation, listings management, social posting, and front-desk coordination. It serves multi-location businesses, providing a unified view of customers, locations, and interactions.

Companies competing with Procore for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Deutsche Bank AG Makes New Investment in Procore Technologies, Inc. $PCORmarketbeat.com · Aug 2026Procore (PCOR) Stock May Be 12% Undervalued Following Asset Register Launchfinance.yahoo.com · Aug 2026Procore Technologies (PCOR) Asset Register Rollout Revives The Fair Value Debatefinance.yahoo.com · Aug 2026Q2 Earnings Outperformers: Procore Technologies (NYSE:PCOR) And The Rest Of The Design Software Stocksfinance.yahoo.com · Aug 2026Procore prices $825m convertible notes offering due 2031 By Investing.cominvesting.com · Aug 2026

▸Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Procore do?
Procore is a construction management software platform covering preconstruction through project closeout.
Who founded Procore?
Procore was founded by Tooey Courtemanche, Steve Zahm in 2014.
Who are Procore's investors?
Procore's investors include Bessemer Venture Partners, Fifth Wall, Greensoil PropTech Ventures, ICONIQ, Lumia Capital, RiverPark Ventures, Suffolk Technologies, TenOneTen Ventures and 2 more.
How much funding has Procore raised?
Procore has disclosed $330.4M raised across 8 rounds.
Is Procore publicly traded?
Yes — Procore trades on NYSE under the ticker PCOR.
Where is Procore headquartered?
Procore is headquartered in Carpinteria, US.