---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-279391"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2021-09-22T23:59:59+00:00"
generated_at: "2026-06-29T02:04:47.576976+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Procore to acquire Levelset for ~$500M to add lien management

## Summary
- Purchase price of ~$500M: $425M cash plus ~$75M in Procore common stock; closing expected Q4 2021.
- Levelset provides lien rights management software with over 250,000 users and 6.5M projects.
- Acquisition adds compliance workflow and payment process tools to the Procore platform.
- Levelset has been a Procore App Marketplace partner since 2018; over 3,300 customers use its solution.
- Shares issued under Section 4(a)(2) exemption as unregistered securities.

## SEC filing metadata
- accession: 0001193125-21-279391
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2021-09-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000119312521279391/0001193125-21-279391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000119312521279391/d196184d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-279391
- JSON: https://secwatch.observer/filing/0001193125-21-279391.json
- Plain text: https://secwatch.observer/filing/0001193125-21-279391.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.