Procore agrees to buy DroneDeploy for $845 million, Energize Capital says

• DroneDeploy signed an agreement to be acquired by Procore in a $845 million deal.
• Transaction pairs Procore’s construction management platform with DroneDeploy’s reality-capture software used on more than 3 million jobsites.
• Combination aims to deepen Procore’s on-site capture and AI capabilities by integrating DroneDeploy’s visual data and automation tools.
• Deal is expected to close later this year, subject to customary closing conditions.
• Energize Capital highlighted the transaction as its fourth portfolio acquisition exit in the past 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energize Capital published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.