Procore Stock: IPO History and Valuation

Enterprise Software
CEO Ajei Gopal Founded 2002 HQ Carpinteria, US

Procore provides cloud-based construction management software for owners, contractors, and specialty contractors. Its platform connects field and office teams to manage projects, workflows, and scheduling.

UpMarket does not offer Procore shares. This page covers Procore's history before it went public.

Status
Public
NYSE: PCOR, since May 2021
Last Private Valuation
Not confirmed
Not confirmed by two independent reputable sources

How to Review Procore's Pre-IPO History on UpMarket

Procore became a public company on May 20, 2021 and trades on NYSE as PCOR. UpMarket does not offer Procore shares. This page covers Procore's valuation and funding history before it went public.

Step 01

Check the listing details

Procore listed on NYSE under the ticker PCOR on May 20, 2021.

Step 02

Review the valuation history

See how Procore's private-market valuation changed across funding rounds before it went public.

Step 03

Review funding and revenue data

See reported funding rounds and revenue figures on this page, with their sources.

Step 04

Explore private companies

Accredited investors can review UpMarket's current pre-IPO offerings in companies that have not yet gone public.

Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.

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Valuation Growth Over Time

Post-money valuation by round
Previous rounds Most recent
DateRoundPPS (split-adj.)Valuation

Procore Revenue and Growth

Annual revenue

Why Investors Are Watching Procore

Growth Signal

Q4 2025 revenue rose 15.6% to $349M as growth held

Procore reported Q4 2025 revenue of $349 million, up 15.6% year over year, showing continued expansion despite a tough construction backdrop. Full-year 2025 non-GAAP operating performance improved even as the company still posted a GAAP net loss.

Competitive Moat

Gross margin stayed high at 80% GAAP and 84% non-GAAP

In Q3 2025, Procore posted GAAP gross margin of 80% and non-GAAP gross margin of 84%, indicating strong software economics. The company also delivered $339 million of revenue in the quarter, up 15% year over year.

Market Opportunity

International revenue grew 18% in Q1 2025, 13% in Q2

Procore said international revenue increased 18% year over year in Q1 2025, or 20% in constant currency. In Q2 2025, international revenue still grew 13%, or 16% on a constant-currency basis, suggesting room to expand outside the U.S.

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Procore Leadership Team

Tooey Courtemanche
CEO

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Procore Stock FAQ

Yes. Procore became a public company on May 20, 2021 and trades on NYSE under the ticker PCOR. UpMarket does not offer Procore shares.

Procore's share price is set on the public market under the ticker PCOR. The prices shown on this page are historical private-market prices from before it went public.

No. Procore is now a public company and UpMarket does not offer its shares. Accredited investors interested in companies that have not yet gone public can review UpMarket's current pre-IPO offerings.

Procore is now publicly traded, so its shares can be bought and sold on NYSE and their price can change significantly. Review Procore's public filings and consult a financial advisor before investing. UpMarket does not offer Procore shares.

In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.

Procore became a public company on May 20, 2021, so shares held before the listing can generally be sold on the public market once any lock-up period ends. The exact terms depend on how the shares are held, for example directly or through a fund.

UpMarket does not offer Procore shares. The minimum for most pre-IPO offerings on UpMarket is $50,000.

Procore's valuation is now set by its public share price on NYSE. The figures on this page show its valuation history before it went public.

Procore provides cloud-based construction management software for owners, contractors, and specialty contractors. It became a public company in May 2021. UpMarket does not offer its shares.

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