Planera raises $13.5M to help solve the gnarly problem of scheduling for construction contractors [TechCrunch]
Procore Technologies, Inc. (PCOR)
Company Research
Source: TechCrunch
General contractors typically use legacy software such as Oracle Primavera P6 to manage commercial construction projects. These solutions require technical knowledge and do not have an intuitive interface, but contractors still use them for their sophisticated projects that involve multiple milestones and last for some years. For small projects, they sometimes choose a general-purpose tool like Microsoft Project. Nonetheless, these tools are not designed with the requirements of a construction company in mind. The San Jose-based startup mixes the best of two worlds by offering a standalone software platform that helps contractors schedule and plan their long and short-term projects using a digital whiteboard-like interface, supporting real-time collaborations. Scheduling is crucial for this industry, as construction contracts are quite prone to liquidated damages and have contractual obligations. Contractors need to meet even interim milestones sometimes, and they typically use mul
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PCOR
News
- Patton Kizzire's new sports psychologist has him hugging trees, walking barefoot and looking at flowers [USA TODAY]USA TODAY
- Procore's CMO dishes on fast-tracking its title sponsorship deal of PGA Tour event in Napa [Yahoo! Finance]Yahoo! Finance
- Procore's CMO dishes on fast-tracking its title sponsorship deal of PGA Tour event in Napa [USA TODAY]USA TODAY
- New KPA Flex software features launched to enhance construction safety [Yahoo! Finance]Yahoo! Finance
- Zacua closes inaugural fund, leads $9m seed round for Flexnode [Yahoo! Finance]Yahoo! Finance
PCOR
Earnings
- 8/1/24 - Beat
PCOR
Sec Filings
- 8/29/24 - Form 4
- 8/26/24 - Form 4
- 8/26/24 - Form 4
- PCOR's page on the SEC website