Company

Procore

Procore is a construction software company that provides a platform for managing building projects. It recently acquired DroneDeploy to integrate AI-powered site monitoring with its existing document and blueprint analysis capabilities.

Why it’s in the news: It is in the news for its $845 million acquisition of DroneDeploy to give its AI systems the ability to monitor physical construction sites in real-time.

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Latest on Procore

Procore’s AI could read the blueprints. For $845M, it just bought eyes on the site.
The construction-software company said it will buy DroneDeploy
Procore's AI can read a construction project's paperwork. Now it is paying $845m to give that AI eyes on the actual site.

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Construction

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