Citing Historic Lack of Innovation in Construction Industry, Suffolk Technologies “BOOST” Accelerator Program Selects Startups Focused on Redefining the Built World
Procore Technologies, Inc. (PCOR)
Company Research
Source: Business Wire
Suffolk Technologies identifies seven construction tech startups to participate in its highly selective accelerator program; unique program provides tech startups opportunities to test their cutting-edge solutions on Suffolk jobsites and benefit from mentor relationships in the field BOSTON--(BUSINESS WIRE)--The construction industry today is faced with a unique set of challenges in response to current economic conditions. Among increasing project complexities and a growing urgency for sustainable development, owners and contractors are confronting labor shortages, materials cost escalation and supply chain disruptions. These significant challenges are directly impacting project outcomes, as a recent survey commissioned by Procore Technologies, Inc. (NYSE:PCOR), a leading global provider of construction management software, found 75 percent of construction projects are over budget and 77 percent are behind schedule.Recognizing the immediate need to leverage digital solutions to add
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PCOR
News
- 3 Tech Stocks to Buy Hand Over Fist in April [Yahoo! Finance]Yahoo! Finance
- Condoit Secures $4.25M to Build Better Software for Electricians [Yahoo! Finance]Yahoo! Finance
- Procore Announces Timing of First Quarter Fiscal Year 2024 Earnings Call [Yahoo! Finance]Yahoo! Finance
- Procore Announces Timing of First Quarter Fiscal Year 2024 Earnings CallBusiness Wire
- Procore Technologies: A Promising Founder-Led Company With Large Opportunity [Seeking Alpha]Seeking Alpha
PCOR
Earnings
- 2/15/24 - Beat
PCOR
Sec Filings
- 4/22/24 - Form 144
- 4/4/24 - Form 4
- 4/2/24 - Form 4
- PCOR's page on the SEC website