As it plans IPO, Procore reports growing revenue, growing losses

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As it plans IPO, Procore reports growing revenue, growing losses

By Jorge Mercado / Friday, March 5th, 2021 / Comments Off on As it plans IPO, Procore reports growing revenue, growing losses

Procore CEO Craig "Tooey" Courtemanche owns 6% of the pre-IPO software company, a stake worth hundreds of millions of dollars. (file photo) Procore Technologies is planning an initial public offering in 2021 after its plan to go public in 2020 was derailed by the pandemic and the accompanying recession. The Carpinteria company, which provides cloud…

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