Procore

Cloud-based construction management software that owners, general contractors and specialty contractors use to manage projects, financials, quality and safety across a construction project's lifecycle.

Enterprise softwareConstruction management softwareCarpinteria, United States
FoundersSince 2002
Valuation
$5.0B
Total raised
$500M
Last round · Dec 2020
Series I warrant exercise
Founded
2002
Employees
4,421
Quarters in VP50
4

Valuation

$100M$1B20162017201820192020$5.0B
Procore priced rounds
RoundDatePost-money valuationRaisedLed by
Series FDec 30, 2015$500M$50MUnknown
Series GDec 8, 2016$1.0B$50MICONIQ Capital
Series HDec 13, 2018$3.0B$75MTiger Global Management
Series IApr 30, 2020$5.0B$190MUnknown
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #6, held for two quarters in a row.

Funding rounds

DateRound · leadRaisedValuation
Dec 2020Series I warrant exercise$55M—
Apr 30, 2020Series I$190M$5.0B
2019Series I$90M—
Dec 13, 2018Series H · Tiger Global Management$75M$3.0B
Dec 8, 2016Series G · ICONIQ Capital$50M$1.0B
Dec 30, 2015Series F$50M$500M
Apr 16, 2015Series E · ICONIQ Capital$30M—
Jun 11, 2014Funding round$15M—

Team