---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-323800"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2026-07-29T20:23:29+00:00"
generated_at: "2026-07-29T20:24:06.338387+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Procore acquires DroneDeploy for $845M cash to enhance AI and reality capture

## Summary
- Purchase price ~$845M cash, subject to adjustments; expected close by end of 2026.
- Procore obtained $700M bridge loan commitment from Goldman Sachs; closing not conditioned on financing.
- DroneDeploy used on 3M+ jobsites in 180+ countries; provides drone/robot reality capture.
- Procore plans to cross-sell DroneDeploy and integrate with Procore AI for automated jobsite insights.
- Procore's financial outlook excludes DroneDeploy contributions.

## SEC filing metadata
- accession: 0001193125-26-323800
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2026-07-29T20:23:29+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000119312526323800/0001193125-26-323800-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000119312526323800/d119085d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-323800
- JSON: https://secwatch.observer/filing/0001193125-26-323800.json
- Plain text: https://secwatch.observer/filing/0001193125-26-323800.txt

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