Procore Technologies is moving into the preconstruction process. The Carpinteria, Calif.-based construction software company said this week it iis entering the market with the introduction of Procore Bid Management and Procore Prequalification.

It has been a singificant year for Procore, which secured $75 million in funding in January and has hired several new executives since. In the recent move, Bid Management appears to have been alredy heavily used as the company’s announcement talks about “thousands of Procore customers” using it. Procore Bid Management provides tools that allow users to create bid packages, send bid invitations, communicate with bidders, collect bid sheets and track coverage. Procore Prequalification managed the  qualification process, from creating and sending forms and reviewing information to approving or denying submissions. The product is launching in beta from at the Groundbreak conference in Phoenix, Ariz., from October 8 through 10. Also part of the move into preconstruction was Procore’s July acquisition of Honest Buildings. 

Last modified on Wednesday, 11 September 2019
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