Procore agrees to acquire DroneDeploy for USD 845 million cash

• Procore agreed to buy DroneDeploy for about USD 845 million in cash, subject to customary purchase price adjustments.
• Deal adds DroneDeploy’s drone, robotics, and reality-capture platform to Procore’s construction software to generate AI-driven jobsite insights and actions.
• Combination brings together Procore’s construction workflow data with DroneDeploy’s visual dataset covering about 20 trillion square feet of imagery.
• Closing is expected later this year, subject to customary closing conditions, including required regulatory approvals.

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. Procore Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607291605BIZWIRE_USPR_____20260729_BW981737) on July 29, 2026, and is solely responsible for the information contained therein.