Diligence memo · auto-generated · as of July 2, 2026

Procore Technologies, Inc.

Procore Technologies, Inc. looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Procore Technologies, Inc. operates in Software / Tech, based in CARPINTERIA.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Procore Technologies, Inc. has raised $330M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $75M on 2018-12-05.

Most recent recorded round closed around 2021-11-02.

Valuation (modeled)modeled

Provath models Procore Technologies, Inc. at approximately $1.6B (range $284M–$3.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.05× the median modeled value of Series C Software / Tech companies in 2019–2021 (58 peers) — value vs value, same stage and era. Within the normal band (105% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 11 months.

Last raise 4.7 yr ago; this sector typically re-raises about every 13 months.

Silent for over 3× the sector's normal cadence.

The last round was 1.0× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 99% of Software / Tech peers (3920 compared).

Modeled value ranks above 97% of those peers.

Closest niche peers: Romeo Systems, Inc., Enjoy Technology, Inc., Aircall.io, Inc., Jane Technologies, Inc., Turntide Technologies Inc..

Peoplefiled

24 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.