Procore has launched the Asset Register to digitize and streamline construction handovers with verified data. This product release expands its software capabilities for construction project management.
Procore has launched Asset Register within its Asset Management solution to simplify the project handover process from contractors to owners. This new capability enhances the platform's value proposition for construction project lifecycle management.
Procore Technologies announced the pricing of an upsized $825 million offering of convertible senior notes due 2030. This financial maneuver raises significant capital to support corporate initiatives and strengthen its balance sheet.
Procore published a sponsored article detailing how unified construction software and ERP integrations protect profit margins and drive scalability. This content highlights Procore's core value proposition for enterprise construction clients.
DA Davidson has increased its price target for Procore Technologies, reflecting confidence in the company's margin outlook. This upward revision highlights strengthening financial performance and operational efficiency for the cloud software provider.
Procore achieved $1.5 billion in ARR and spent $845 million to acquire drone software leader DroneDeploy. This acquisition expands Procore's construction technology offerings into reality capture and aerial mapping.
Procore Technologies has acquired DroneDeploy for $845 million to integrate reality capture and visual intelligence into construction workflows. This acquisition expands Procore's capabilities in site inspection and digital twin technology for the construction industry.
10-Q — quarterly report filed with the SEC on 2026-07-31.
Procore Technologies announced the acquisition of DroneDeploy for $845 million in cash to boost its AI capabilities. This major transaction provides a massive exit and strategic integration for DroneDeploy within the construction tech sector.
Procore is acquiring DroneDeploy for $845M to combine construction drawings with extensive visual data. This major acquisition expands Procore's capabilities in reality capture and site inspection.
Procore has acquired reality capture platform DroneDeploy for $845M to expand its construction management data capabilities. This integration enhances project data gathering for the combined platform.
Procore Technologies is acquiring DroneDeploy for approximately $845m in cash. This major exit consolidates reality capture software into Procore's construction management ecosystem.
Procore has agreed to acquire reality-capture and drone mapping firm DroneDeploy for $845 million in cash. This acquisition integrates physical site data with Procore's existing construction software.
Procore is acquiring DroneDeploy in an $845 million deal to integrate reality capture and drone mapping tools into its construction platform. This acquisition significantly expands DroneDeploy's market reach and validates its enterprise value.
Procore announced plans to acquire DroneDeploy for $845 million to integrate aerial and ground reality capture into its construction platform. This acquisition significantly expands DroneDeploy's market reach and validates its enterprise value in construction technology.
Procore has announced a definitive agreement to acquire DroneDeploy to integrate aerial and ground reality capture into its platform. This deal significantly expands DroneDeploy's market reach and capabilities for jobsite analytics.
Construction management software giant Procore has agreed to acquire DroneDeploy for $845 million in cash. The deal integrates DroneDeploy's aerial and ground reality capture and robotics platform with Procore's project management ecosystem to expand its AI capabilities.
8-K filed with the SEC on 2026-07-29.
8-K filed with the SEC on 2026-07-29.
Procore reported its Q2 2026 financial results, achieving $375 million in revenue—a 16% year-over-year increase—alongside reaching GAAP operating profitability. CEO Ajei Gopal highlighted strong customer adoption of the company's construction management platform.
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