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Procore is a construction tech "unicorn". A helpful analysis of the S-1 can be found here: https://news.crunchbase.com/news/construction-tech-unicorn-procore-
by throwaway3157 7y ago
Procore is a construction tech "unicorn".
A helpful analysis of the S-1 can be found here:
https://news.crunchbase.com/news/construction-tech-unicorn-procore-drops-s-1-revealing-sharply-rising-revenue-net-losses/ https://news.crunchbase.com/news/construction-tech-unicorn-p...
The summary:
> It revealed both increased revenue and net loss in 2019. Specifically, the company’s revenue surged 55 percent in 2019 to $289.2 million compared with $186.4 million in 2018. At the same time, its net loss was up by 46.5 percent to $83.1 million in 2019 compared to $56.7 million in 2018.