Procore - Company Profile
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Financial Analysis and Report
Procore Technologies is a leading provider of construction management software, designed to enhance project efficiency and increase collaboration among stakeholders in the construction industry. With an innovative approach to project management, Procore is transforming how construction professionals connect, share, and work together. Established in 2003, Procore has grown to become an integral player in the construction tech space, boasting a global user base and a highly-rated platform.
Visual Insights
Procore Revenue Growth
Procore Market Distribution
About Procore
Procore's platform integrates various features to manage projects, including budgeting, scheduling, and documentation, making it a preferred choice for contractors and construction managers.
| Description | |
|---|---|
| Overview | Procore is recognized for its comprehensive, user-friendly construction management software, facilitating improved communication and efficiency in the construction lifecycle. |
| Founded | 2003 |
| Headquarters | Carpinteria, California, USA |
Executives
The leadership team at Procore is composed of seasoned professionals with extensive experience in the construction and technology sectors, driving the company’s innovation and growth.
| Name | Position |
|---|---|
| Tooey Courtemanche | Founder & CEO |
| Tanya Burch | Chief Financial Officer |
| Leah Ross | Chief Marketing Officer |
Business Segments
Procore focuses on enhancing construction project efficiency through its comprehensive software solutions and integrations with industry-standard tools.
| Segment | |
|---|---|
| Construction Management Software | Procore's primary product offering. |
| Project Management Tools | A suite of tools for collaboration and efficiency. |
| Integrations | Partnerships with various industry software and tools. |
Market Position
Procore maintains a strong position in the market through continual innovation and a responsive approach to customer needs in the evolving construction industry.
| Aspect | |
|---|---|
| Revenue Growth | Procore continues to see substantial growth in revenue year-over-year as the demand for construction technology surges. |
| Competitors | Key competitors include Autodesk, PlanGrid, and Buildertrend. |
| SWOT Analysis | Strengths include strong market reputation and customer loyalty; weaknesses involve dependency on evolving tech trends. Opportunities lie in expanding feature offerings; threats include aggressive competitors. |
Strategic Focus
Procore aims to lead the market by focusing on digital transformation, enhancing customer engagement, and expanding its global footprint.
| Strategy | |
|---|---|
| Digital Transformation | Emphasizing the digitization of construction processes. |
| Customer Engagement | Investing in customer support and user feedback loops. |
| Global Expansion | Exploring new geographical markets and verticals. |