Shepherd raises $42m in Series B round for insurance platform [Yahoo! Finance]
Procore Technologies, Inc. (PCOR)
Company Research
Source: Yahoo! Finance
Other investors participating in the round include Spark Capital, Costanoa Ventures and additional unnamed backers. With this latest investment, Shepherd's total funding now stands at $67m. Shepherd's revenue has increased more than sevenfold over the past two years. Its insurance coverage now extends to projects valued at more than $400bn, with over 1,500 policies serving upwards of 600 clients. Customers include companies from sectors such as AI research, semiconductor manufacturing, large-scale technology infrastructure, construction contracting and energy development. The Shepherd platform incorporates AI to streamline underwriting processes and reduce turnaround times. Its system connects directly with construction technology tools from partners such as Procore, Autodesk, OpenSpace, DroneDeploy and Samsara, allowing underwriting decisions to be informed by up-to-date project data such as incident records and inspection rates. Shepherd offers commercial property and
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PCOR
News
- Design Software Stocks Q4 Earnings: Autodesk (NASDAQ:ADSK) Firing on All Cylinders [Yahoo! Finance]Yahoo! Finance
- Procore Technologies (PCOR) was upgraded by Zacks Research from "strong sell" to "hold".MarketBeat
- Procore Navigates CEO Transition And Challenged Construction Industry [Seeking Alpha]Seeking Alpha
- 3 Cash-Heavy Stocks We Steer Clear Of [Yahoo! Finance]Yahoo! Finance
- Procore Accelerates the Construction of AI Factories With NVIDIA [Yahoo! Finance]Yahoo! Finance
PCOR
Earnings
- 2/12/26 - Beat
PCOR
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/16/26 - Form 4
- 3/16/26 - Form 4
- PCOR's page on the SEC website