PROCORE TECHNOLOGIES, INC.
PCOR| Fund | Shares Held | Position Value | Action (latest Q) |
|---|---|---|---|
| Tiger Global Chase Coleman | 2.34M | $170.18M | NEW |
| Citadel Ken Griffin | 1.54M | $111.95M | NEW |
| Point72 Steve Cohen | 175K | $12.73M | NEW |
| D.E. Shaw David Shaw | 62K | $4.51M | NEW |
| Marshall Wace | 49K | $3.54M | NEW |
Procore Technologies Inc. is a software company specializing in the construction industry, providing a cloud-based platform designed to improve the efficiency and communication within construction projects. Founded in 2002, Procore has emerged as a pivotal player in digitizing the construction management process, offering solutions that streamline project planning, execution, and collaboration across multiple stakeholders. Its primary function is to empower project teams with tools for managing project details, budget tracking, and document control, thereby enhancing productivity and reducing costly delays. Procore's platform is utilized across numerous sectors, including commercial, residential, industrial, and infrastructure construction. By integrating various aspects of construction project management into a single, cohesive system, Procore Technologies plays a significant role in driving technological adoption in an industry that traditionally relied on manual processes. The company's services are aimed at contractors, real estate developers, architects, and engineers, supporting the modernization of construction workflows on a global scale.
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