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Procore To Acquire Levelset To Simplify Lien Management Workflows For Construction

PUBLIC · PCORSep 22, 2021

Acquiring Company

Procore Technologies

Acquired Company

Levelset

CarpinteriaInformation TechnologySoftwareMobileCommerce And ShoppingConsumer Goods

Description

Procore Technologies, Inc., (NYSE: PCOR), a leading provider of construction management software, has signed a definitive agreement to acquire Levelset. This acquisition will add lien rights management to the Procore platform, enabling Procore to manage complex compliance workflows and improve the payment process in construction. It also presents future growth opportunities for Procore, including capitalizing on the companies’ complementary data assets.

Quick answer

Procore Technologies is acquiring Levelset, announced September 22, 2021. Procore Technologies is based in Carpinteria, California, United States.

How much did Procore Technologies pay for Levelset?
The deal value was not disclosed.
What does Procore Technologies do?
Procore Technologies, Inc. (NYSE: PCOR) is a leading technology partner for every stage of construction.
Where are Procore Technologies and Levelset based?
Procore Technologies is based in Carpinteria, California, United States.
Who are the decision-makers at Procore Technologies?
Fundz holds 1 contact at Procore Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Procore Technologies

Location

6309 CARPINTERIA AVE.

Carpinteria, California, United States

About

Procore Technologies, Inc. (NYSE: PCOR) is a leading technology partner for every stage of construction. Built for the industry, Procore’s unified technology platform drives efficiency and mitigates risk through AI & data-driven insights and decision making. Over three million projects have run on Procore across 150+ countries.

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Frequently asked

Who acquired Levelset?

Levelset was acquired by Procore Technologies, based in Carpinteria. The deal was reported on September 22, 2021. 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 Levelset?

Procore Technologies's acquisition of Levelset was reported on September 22, 2021. Procore Technologies, Inc., (NYSE: PCOR), a leading provider of construction management software, has signed a definitive agreement to acquire Levelset. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Levelset do?

Construction payment help is here. Find out how Levelset helps thousands of contractors like you resolve problems and streamline payments every day! It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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