Procore completes $845 million DroneDeploy deal to expand construction AI

Procore Technologies ($PCOR) completed its acquisition of DroneDeploy for approximately $845 million in cash, subject to customary adjustments. DroneDeploy is now a wholly owned subsidiary, bringing aerial imaging, ground robotics and camera-based site capture into Procore’s technology portfolio. The combination supports the company’s push to connect construction records with visual evidence of what is happening on site.

Procore plans to pair that imagery with its AI-powered digital coworkers, enabling comparisons against building information models and project schedules to identify safety issues and track progress. The company describes the integration as a way to reduce manual inspections and help field teams act on problems earlier. The acquisition is complete, but the wider automation benefits remain part of Procore’s integration and product-development plans rather than independently verified outcomes.

Sources:

• Procore — SEC Form 8-K, acquisition completion
• Procore — DroneDeploy integration and visual-intelligence update