Procore Technologies
#8 on Setter30 Most recent: Q3 2020Procore Technologies is a cloud-based construction management software platform that connects project teams, financial workflows, document control, and field operations for owners, general contractors, and specialty contractors. Founded in 2002 by Tooey Courtemanche in Carpinteria, California, Procore went public on the NYSE in May 2021 under the ticker PCOR.
Public Company
Procore Technologies is publicly traded
IPO'd on May 20, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under PCOR.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2002
Employees
1,001–5,000
Total Funding
$406.36M
9 rounds
Last Private Valuation
$5B
Apr 30, 2020
Secondary Signals (Note: SetterVC does not verify the accuracy of these)
2 signalsReportedly cut ~4% of workforce (~300 roles) on Jan 14, 2026 in a restructuring initiative
Unconfirmed cost-cutting signal; watch for primary-source corroboration
Appointed Ajei Gopal as CEO effective Nov 10, 2025, succeeding founder Tooey Courtemanche as Executive Chairman
Leadership transition off founder-CEO; near-term strategic-direction uncertainty for holders
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $406.36M across 9 rounds
Last updated 09-20-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Apr 30, 2020 | Series I | $150M | $5B | Not disclosed |
| Dec 13, 2018 | Series H TechCrunch | $75M | $3B | Tiger Global Management |
| Dec 8, 2016 | Series G Press release | $50M | $1B | ICONIQ Capital |
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series G
$1B
Dec 2016
Procore Technologies today
$5B
Apr 2020 · latest mark
Procore Technologies multiple
5.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Leadership
Ajei S. Gopal
President & Chief Executive Officer
Tooey Courtemanche
Founder & Chair of the Board
Rachel Pyles
Chief Financial Officer & Treasurer
Walt Hearn
Chief Revenue Officer
Benjamin C. Singer
Chief Legal Officer & Corporate Secretary
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Autodesk Construction Cloud
Autodesk's connected construction platform (incl. BIM 360, PlanGrid, BuildingConnected) for design-to-build workflows; direct enterprise competitor to Procore.
Oracle Aconex
Oracle's enterprise construction document control and project collaboration platform, focused on large complex infrastructure projects.
Fieldwire by Hilti
Field-first construction project management app for task management, plan viewing, and punch lists; acquired by Hilti in 2021.
Buildertrend
Construction management software focused on residential builders and remodelers.
Asite
Cloud-based common data environment (CDE) and project information management platform for AEC.
Trimble Viewpoint
Trimble's construction ERP and project management suite (Viewpoint Vista, Spectrum, Trimble Construction One).
Procore Technologies Investment FAQ
Procore Technologies FAQ
Yes, Procore Technologies is publicly traded under the ticker symbol PCOR on the NYSE. The company went public in May 20, 2021.
Procore Technologies trades under the ticker symbol PCOR on the NYSE. It began trading in May 20, 2021.
Procore Technologies (PCOR on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker PCOR to place an order.
Procore Technologies went public in May 20, 2021 via ipo, with an offering valuation of approximately $5B. Procore went public on the NYSE on May 20, 2021 at $67.00 per share under the ticker PCOR, raising approximately $634.5M. First-day trading pushed the valuation above $8.5B.
Procore Technologies raised $406.36M across 9 disclosed funding rounds prior to its public listing.
Procore Technologies was founded by Tooey Courtemanche in 2002.
Procore Technologies is headquartered in Carpinteria, CA.
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