Procore Technologies
Procore Technologies, Inc. is a cloud-based software company specializing in construction management. It offers a platform and related products enabling construction stakeholders, such as owners, contractors, architects, and engineers, to collaborate on projects. Procore's suite includes Design Coordination, BIM, Field Productivity, Project Financials, and other tools for streamlined project management, document control, financial tracking, and stakeholder communication. The company operates in the United States, Australia, Canada, England, and Mexico, serving customers across commercial, residential, industrial, and infrastructure segments. Procore generates revenue through subscription-based pricing for access to its software products.
PermitFlow
Seed Round in 2023
PermitFlow is a construction permit application and management platform that focuses on simplifying and expediting the process of obtaining construction permits in the United States. By providing a comprehensive software solution, PermitFlow enables builders, contractors, architects, developers, and property owners to manage the entire permitting process, including research, application preparation, submission, and monitoring. The platform standardizes the building permit submittal process across municipalities, ensuring efficient navigation through complex regulations and paperwork. With nationwide coverage and expertise in local municipal requirements, PermitFlow facilitates permitting for projects in single or multiple jurisdictions, thereby unlocking greater value within the $1.6 trillion construction market. The company is a graduate of the Y Combinator W22 program.
LaborChart
Acquisition in 2021
LaborChart LLC is a cloud-based workforce management platform designed specifically for the construction industry. Incorporated in 2013 and based in Overland Park, Kansas, the company provides tools that assist businesses in managing employee scheduling, dispatching, and communication. The platform enables contractors to organize their workforce and resources efficiently, allowing them to create schedules for workers across multiple construction sites. By utilizing automated notifications and simplifying repetitive manual processes, LaborChart helps contractors save time and optimize their manpower, ultimately improving overall workflow and productivity.
Esticom
Acquisition in 2020
Esticom Inc. is a cloud-based software company specializing in construction takeoff and estimating solutions, founded in 2015 and based in Austin, Texas. As a subsidiary of Procore Technologies, Esticom focuses on serving specialty contractors in various industries, including electrical, plumbing, HVAC, security, fire alarm, and building automation. The company's software is designed to enhance operational efficiency by providing tailored estimating and project management tools, ultimately helping clients build profitable contracting businesses. Through its innovative solutions, Esticom aims to streamline the preconstruction process and improve project outcomes for its users.
Honest Buildings
Acquisition in 2019
Honest Buildings, Inc. is a New York-based company that operates a data-driven project management and procurement platform tailored for commercial real estate owners and managers in North America. Established in 2011, the platform allows users to centralize project cost tracking and procurement activities, enhancing transparency and automating bid management. It is designed to manage portfolios across various sectors, including office, retail, industrial, hospitality, and multifamily properties. By streamlining project management processes and reducing reliance on complex spreadsheets, Honest Buildings enables real estate companies to unlock value from their data, improve project delivery speed, reduce costs, and enhance overall efficiency. The platform is utilized by notable firms such as Brookfield, Invesco, and SL Green, among others, to facilitate collaborative and informed decision-making in capital and construction projects. As of 2019, Honest Buildings operates as a subsidiary of Procore Technologies.
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