---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-318401"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T14:04:46.920539+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Procore completes acquisition of Levelset for $500M to add lien management platform

## Summary
- Acquisition totaled ~$500M: $425M cash plus ~$75M in 810,169 shares of Procore common stock.
- Levelset adds lien rights management to Procore's construction software platform.
- Procore CEO Tooey Courtemanche cites payment process improvement and complementary data assets.
- This acquisition follows Procore's purchase of LaborChart, expanding its construction dataset.

## SEC filing metadata
- accession: 0001193125-21-318401
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000119312521318401/0001193125-21-318401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000119312521318401/d232645d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-318401
- JSON: https://secwatch.observer/filing/0001193125-21-318401.json
- Plain text: https://secwatch.observer/filing/0001193125-21-318401.txt

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