November 12, 2024
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As it plans IPO, Procore reports growing revenue, growing losses

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Procore CEO Craig "Tooey" Courtemanche sits in his office at the company's Carpinteria headquarters (Nik Blaskovich photo)
Procore CEO Craig "Tooey" Courtemanche owns 6% of the pre-IPO software company, a stake worth hundreds of millions of dollars. (file photo) Procore Technologies is planning an initial public offering in 2021 after its plan to go public in 2020 was derailed by the pandemic and the accompanying recession. The Carpinteria company, which provides cloud…

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