Procore Inks Deal for General Contractor

CARPINTERIA, Calif. - February 2, 2016 — Procore, a leader in construction management software, today announced that Mortenson Construction, one of the nation's top construction firms currently ranked 18 on ENR's Top 400 Contractors, has selected Procore as its platform for construction project management.

The agreement, which was finalized shortly before the end of 2015, is the largest deal to date for Procore.

"The construction industry has been underserved when it comes to technology, which is why we've worked closely with our customers to develop a project management platform with a breadth of features that meets our clients' needs throughout the project lifecycle and eliminates the need for a scattered collection of single-purpose construction software applications," said Tooey Courtemanche, CEO, Procore Technologies, Inc. "Partnering with Mortenson is a testament to Procore's ability to deliver a technology solution that has the enterprise-level functionality required to support even the largest construction firms."

The Procore platform is easy to use, creating a short runway from implementation to value. Within weeks, Mortenson was utilizing Procore on more than 60 projects throughout the U.S.

"We provide our project teams with best in class solutions and partner with innovative companies to improve how we can leverage technology to drive value to our customers," said Mark Sherry, Senior Vice President, at Mortenson. "Working with the Procore team has exceeded our expectations in every way, and the software platform is easy to use and allows quick implementation, which is what our project teams expect."

With tens of thousands of projects around the world, over 165 million construction documents, and an ever-growing user community surpassing 1 million, Procore is one of the world's most widely used construction management software.

About Procore Technologies, Inc.Procore, a leader in construction management software, helps construction firms simplify the construction process with a powerful, yet easy to use platform. With unlimited user licenses and user-centric product development, we are able to create the most intuitive and collaborative platform—resulting in immediate ROI. When all stakeholders have constant access to real time project information from anywhere, at any time, with any Internet-connected device, firms drastically increase their project efficiency, and more importantly, profit. For more information about Procore, or for a free demonstration, visit www.procore.com.