In what has become a growing trend in the construction technology sector, Procore has acquired another company to help grow their platform. Last year, Procore purchased Honest Buildings, a project management software aimed at owners and developers, before creating Procore for Owners. The company has also acquired ConstructionBI , a data insight app and BIManywhere, a mobile 3D model viewing company which helped them create Procore BIM, in recent years.

This time, Procore is setting its sights on cloud-based estimating and takeoffs, with the acquisition of Esticom, which was announced at Groundbreak 2020. Procore previously offered preconstruction software, specifically in prequalification and bid management. To get an idea of how Esticom currently works, you can check out this 2-minute overview video below:

For specialty and trade contractors, which was a particular focus of Procore at this year’s Groundbreak, Esticom helps companies create professional quotes, while speeding up the estimating and takeoff process. The software can automatically recognize symbols, count items across multiple pages, and makes measuring lengths and area easier, among other features.

Currently, Esticom is available as in integration into Procore via the Procore App Marketplace, but will be fully integrated into the Procore platform in 2021.

“We welcome the Esticom team to Procore,” said Tooey Courtemanche, Procore Founder and CEO. “Procore is investing in the future of preconstruction, an increasingly important and impactful part of the construction process. Together, Procore and Esticom will deliver a single, comprehensive preconstruction solution on the Procore platform, with data connectivity that helps customers track costs and accurately predict estimates.”

Full Story: Procore Acquires Construction Estimating and Takeoff Company Esticom | Procore

Featured

Shane Hedmond

Shane is the creator of Construction Junkie and an active construction project manager. In his career, he has managed interior remodel projects, site development, construction safety, governmental project compliance, and facility maintenance. He has a strong passion for construction technology and safety, as well as sharing the knowledge or insights he has gained throughout his career.

Featured

May 26, 2021

Procore Goes Public on the New York Stock Exchange as PCOR

May 26, 2021

Procore, the construction management software company, has been rumored to be interested in filing for an IPO since at least 2019. In the Spring of 2020, Procore ended up delaying its plans to go public after it received $150million in funding and a valuation of around $5 million, citing interest in raising more money amidst an uncertain economy during the heart of the coronavirus pandemic.

May 26, 2021

Mar 16, 2021

Travelers Insurance Offering to Pay Contractors in More States to Use Procore

Mar 16, 2021

Last summer, we learned that Travelers Insurance believed that using Procore as a project management tool helped contractors reduce risk on their projects so much that they were willing to help pay for them to join the platform. That deal was previously limited to customers in 10 US states, but Travelers and Procore have collaborated to further expand that program.

Mar 16, 2021

Dec 2, 2020

Procore Launches Free, Online Course for Using Data in Construction

Dec 2, 2020

From a management-level perspective, the true value of adopting new technologies in the construction industry is the ability to quickly and reliably gather data. It’s nearly impossible to make a sound business decision without it, yet it’s still – in a way -- a relatively new concept in the industry. We’ve always collected data, but many times it’s stuck in paper forms or tucked away in a file on someone’s laptop, not easily sharable with others in the company. So now that construction data is easier than ever to collect and organize thanks to the massive innovation that’s taken place over the last decade, how do we best utilize it?

Dec 2, 2020

Nov 10, 2020

Procore Acquires Cloud-Based Estimating and Takeoff Software, Esticom

Nov 10, 2020

Oct 28, 2020

Procore Releases Labor Productivity Tracker and Time & Material Tickets for Specialty Contractors

Oct 28, 2020

Specialty trades contractors are typically forced to use whatever project management software that the General Contractor or project owner of each project requires, but that doesn’t mean there aren’t benefits to having a project management system of their own. Procore has seen a large amount of these specialty contractors joining their platform over the past year and have just announced the release of two new features specifically for them: Real-Time Labor Productivity and Time & Material Tickets.

Oct 28, 2020

Oct 27, 2020

Procore Releases Two New Features for BIM Users : Dynamic Wall Elevations & Follow Me

Oct 27, 2020

Groundbreak, Procore’s annual construction technology conference, officially started today and, while it’s in a virtual capacity instead of in-person like usual, there’s no shortage of Procore news and updates. At Groundbreak 2 years ago, the company announced Procore BIM and, this year, their adding two new features to make even more user friendly in the field: Dynamic Wall Elevations and Follow Me.

Oct 27, 2020

Oct 26, 2020

Construction Companies Can Now Monitor 3rd Party App Usage with Procore

Oct 26, 2020

Chances are, if your construction company is using any sort of technology, you’re using more than one different application. That’s true for many Procore customers, as well, as over 40% of them use at least two other apps that are integrated into the Procore platform. In order to help contractors manage these 3rd party apps, Procore has recently released App Management Metrics to all of their customers.

Oct 26, 2020

Jul 24, 2020

Procore Launches Free Construction Job Posting Website for Both Employers and Jobseekers

Jul 24, 2020

With so many things still in flux in the construction industry due to the effects of the pandemics, it’s an extremely important time for employers to be able to get their open positions in front of the right candidates and for job seekers to be able to take advantage of the opportunities that are available. Construction management software company, Procore, has recently released a new job posting platform specifically tailored to the construction industry for free.

Jul 24, 2020

Free Procore Access for Coronavirus Projects

Apr 2, 2020

Procore Offering Free Software Access for COVID-19 Related Projects

Apr 2, 2020

As jobsites continue to be shut down throughout the country and office staff has been working remotely during the coronavirus pandemic, more and more construction companies are relying on technology to help keep them afloat. Many companies and projects have also begun shifting into different roles, some even to help provide more facilities for healthcare and manufacturing to help in relief as the virus spreads.

Apr 2, 2020

Aug 13, 2019

Procore Acquires Data Insight App Company, ConstructionBI

Aug 13, 2019

Hot off of the acquisition of Honest Buildings, a project management software aimed at owners and developers, Procore has announced they have acquired yet another tech company to help bolster their offerings.

Aug 13, 2019