The proposed acquisition will bring DroneDeploy’s unified aerial and ground reality capture and robotics capabilities into the Procore platform, transforming jobsite imagery into AI-powered insights and actions.
Procore Technologies, the global provider of construction management software, announced it has entered into a definitive agreement to acquire DroneDeploy, Inc., the robotics and visual intelligence platform for the built world that is used on over 3 million jobsites across more than 180 countries. Procore will acquire DroneDeploy for approximately $845 million in cash, subject to customary purchase price adjustments.
As a leader in reality capture and robotic automation, DroneDeploy delivers the visual intelligence that bridges the built world—from active construction sites to operational assets—and the digital world, providing critical, real-time visibility into daily operations. Today, construction teams collaborate in Procore, documenting observations and driving actions within the platform. DroneDeploy captures visual information, and when combined with Procore AI, that visual data can be translated into information and observations that can drive autonomous action within Procore.