It was our privilege to be with PROCORE at the firm’s 2016 Groundbreak event when the firm officially announced the launch of its new app marketplace, a major innovation for a construction industry-specific software company. At our Venture East conference, we were fortunate to have met with Kris Lengieza, who now serves as Vice President of Global Partnerships and Alliances at Procore. In this session, he talks about PROCORE’s role as a global platform connecting solutions to help solve pain points on the job site to free up the industry’s people to do more of the things they love to do. He shares his perspective on the growing role of venture capitalists in the sector and the role they play in partnering with firms like PROCORE to leverage emerging technology to grow the industry’s businesses – together.
PROCORE was one of the industry’s biggest success stories in 2021, with its ten billion dollar initial public offering. At our Venture East Conference, we also had the honor of hosting Lengieza for a session on discussing the life cycle of a startup through IPO.