Procore Technologies, INC.: management transactions · United States · SEC (Form 4)

About Procore Technologies, INC.

Procore Technologies, Inc. is a U.S.-based B2B software company listed on the NYSE/NASDAQ market; in practice, it trades on the NYSE under the ticker PCOR in the United States. Founded in 2002 and headquartered in Carpinteria, California (United States), Procore has become a leading name in construction management software. The company’s core proposition is a cloud-based, end-to-end platform built to digitize construction workflows across the project lifecycle, from preconstruction through execution and closeout, while connecting owners, general contractors, specialty contractors and field teams. Procore’s business model centers on a unified software suite that addresses mission-critical construction workflows: document management, project coordination, RFIs, submittals, scheduling, safety, quality, financial management and operational control. The platform is designed to improve productivity, increase transparency and reduce execution risk on complex projects. In recent updates, Procore has also emphasized AI and data-driven capabilities as a strategic differentiator, aiming to automate repetitive tasks, improve decision-making and deepen customer value across an expanding installed base. From a competitive standpoint, Procore is one of the best-known software vendors focused specifically on construction, a large but still under-digitized industry. Its competitive strengths include breadth of functionality, a broad integration ecosystem and a SaaS model that supports land-and-expand economics. Recent company disclosures indicate a growing customer base, healthy adoption among larger accounts and increased multi-product usage, all of which are important indicators for recurring revenue quality and retention. Geographically, Procore operates on a global footprint. While its headquarters remain in Carpinteria, California, the company maintains offices across the United States and in international hubs across Europe, Asia-Pacific and the Middle East. This global presence helps it serve multinational construction firms, adapt to local market requirements and support customers in different regulatory and data-hosting environments. Recent developments are notable. In its first-quarter 2026 results, Procore reported 16% year-over-year revenue growth and highlighted further improvements in its platform and agentic AI capabilities. The company also announced the acquisition of Datagrid to accelerate its AI and data strategy, alongside board and leadership changes intended to reinforce execution. For investors, Procore stands out as a high-quality software name tied to long-term digitalization in construction, with recurring revenue characteristics, an expanding product footprint and meaningful optionality from AI adoption in a traditionally fragmented industry.