Procore Technologies Acquires DroneDeploy for $845 Million
Acquiring Company
PROCORE TECHNOLOGIES
Acquired Company
DroneDeploy
CarpinteriaInformation TechnologySoftwareMobileCommerce And ShoppingConsumer GoodsSoftwareRoboticsDescription
On September 9, 2026, Procore Technologies, Inc. completed the acquisition of DroneDeploy, Inc. through a merger agreement. The deal was finalized following a purchase price of approximately $845 million in cash. DroneDeploy will continue as a wholly-owned subsidiary of Procore after the merger.
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Based on deal dataFrequently asked
Who acquired DroneDeploy?
DroneDeploy was acquired by PROCORE TECHNOLOGIES, based in Carpinteria. The deal was reported on September 9, 2026. Procore Technologies, Inc. (NYSE: PCOR) is a leading technology partner for every stage of construction. PROCORE TECHNOLOGIES is publicly traded (PCOR) and operates in Information Technology.
When did PROCORE TECHNOLOGIES acquire DroneDeploy?
PROCORE TECHNOLOGIES's acquisition of DroneDeploy was reported on September 9, 2026. On September 9, 2026, Procore Technologies, Inc. completed the acquisition of DroneDeploy, Inc. through a merger agreement. The deal was finalized following a purchase price of approximately $845 million in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DroneDeploy do?
DroneDeploy, Inc. offers a robotics and visual intelligence platform for the built world. Their platform is widely used on over 3 million jobsites across more than 180 countries. It is privately held, operating in Software.
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