Procore acquires DroneDeploy to bring visual intelligence to construction sites
The acquisition merges DroneDeploy's robotics and visual data platform with Procore AI tools to automate site tracking and improve field safety.
See the latest news and media coverage for Procore. We track all announcements, press releases, and industry mentions in real time, all in one place.
Construction management software platform
procore.comLast updated
In short: Procore acquired DroneDeploy, reported Q2 revenue growth and profitability, and unveiled AI-driven updates at Groundbreak 2026.
The acquisition merges DroneDeploy's robotics and visual data platform with Procore AI tools to automate site tracking and improve field safety.
Net proceeds will fund part of the DroneDeploy acquisition, capped call costs, and $175 million in share repurchases.
The notes due 2031 will be sold to qualified institutional buyers, with proceeds funding the DroneDeploy acquisition, capped calls, and share repurchases.
The acquisition will integrate DroneDeploy's aerial and ground reality capture into Procore's platform to enable AI-powered insights and actions.
The firm describes Procore as the leading, vertically focused construction management platform provider. The analyst believes the company can compound revenue in the mid-teens while...
Courtemanche Jr., Director, Chairman of the Board, on September 10, 2026, sold 56,122 shares in Procore Technologies (PCOR) for $3,001,357. Following the Form 4 filing...
Procore Technologies, Bentley Systems, PTC, Samsara, and Agilysys Shares Skyrocket, What You Need To Know...
Detailed price information for Procore Technologies Inc (PCOR-N) from The Globe and Mail including charting and trades.
Track Procore and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Procore and other trending companies.