Page 16 - Forbes Magazine-September 30, 2018

Procore The Cloud 100

63 Asana
36// DARKTRACE
ed, the iPhone was still one year into the future San Francisco
The band of Cambridge-educat-
and Wi-Fi was virtually nonexistent. Procore ran DUSTIN MOSKOVITZ
ed mathematicians and former EMPLOYEES: 300
on laptops and required internet connections, still intelligence officers at Darktrace, WORKFORCE ORGANIZATION
FUNDING RAISED: $168 MIL
rare on job sites. Courtemanche and Zahm were a cybersecurity firm, take inspi-
known to fly across the country to rig up home- ration from an unusual source: 64 FinancialForce
biology. The human immune sys- San Francisco
made hot spots for clients at a loss. When Courte- TOD NIELSEN
tem, explains CEO and cofound- EMPLOYEES: 800
manche brought the app to Sand Hill Road to er Nicole Eagan, has an “innate FUNDING RAISED: $230 MIL
meet Silicon Valley venture capitalists, he was NICOLE EAGAN sense of self and not-self” and is ENTERPRISE RESOURCE
PLANNING
laughed out of town. At Sequoia Capital, a low- able to identify and destroy in- 65 Fuze
level analyst told him that focusing on one in- truding cells. Darktrace works with similar logic. Its AI ana- Boston
lyzes user behavior to tell who belongs and who doesn’t. By
dustry vertical was a sucker’s play. “Make it a so- COLIN DOHERTY
tracking abnormal behavior instead of watching for specif- EMPLOYEES: 700
cial network and I’ll write you a check right now,” ic threats, Darktrace’s system can protect against attacks that ENTERPRISE COMMUNICATIONS
FUNDING RAISED: $484.8 MIL
Courtemanche remembers him saying. come out of the blue or spot when users may be going rogue.
When the financial crisis hit in 2008, home —Christian Kreznar 66 Optimizely
San Francisco
building froze in its tracks. Courtemanche mort- JAY LARSON
EMPLOYEES: 401
gaged his house and, along with Zahm, cut his 45 Canva 54 Grand Rounds FUNDING RAISED: $146.2 MIL
salary to zero. All but five employees were laid off. Sydney, Australia San Francisco DIGITAL TESTING SOFTWARE
MELANIE PERKINS OWEN TRIPP
Investors expected to hear that the startup was EMPLOYEES: 300 EMPLOYEES: 460 67 BrowserStack
FUNDING RAISED: $70 MIL FUNDING RAISED: UNDISCLOSED Mumbai, India
shutting down. DESIGN AND PUBLISHING HEALTHCARE SOFTWARE
SERVICES RITESH ARORA
But Courtemanche was stubborn. He was con- 55 SMS Assist FUNDING RAISED: $50 MIL
EMPLOYEES: 180
vinced that construc- 46 ServiceTitan Chicago APP TESTING PLATFORM
Glendale, CA TAYLOR RHODES
ONE VC tion would need IT FUNDING RAISED: $161 MIL FUNDING RAISED: $265 MIL 68 Auth0
EMPLOYEES: 825
ARA MAHDESSIAN
EMPLOYEES: 487
eventually. When it
Bellevue, WA
PROPERTY MANAGEMENT
EUGENIO PACE
PASSED: did, Procore would FIELD SERVICE MANAGEMENT 56 Fastly FUNDING RAISED: $110 MIL
EMPLOYEES: 384
be ready. Slowly,
47 Checkr
CUSTOMIZABLE LOGINS
San Francisco
“MAKE IT trends shifted in Pro- EMPLOYEES: 230 FUNDING RAISED: $220 MIL
San Francisco
ARTUR BERGMAN
EMPLOYEES: 430
DANIEL YANISSE
core’s favor. Con-
FUNDING RAISED: $149 MIL
A SOCIAL struction companies AI-POWERED BACKGROUND CONTENT DELIVERY
CHECKS
began revisiting their 57 Zapier
NETWORK workflows; young- 48 WalkMe WADE FOSTER
Fully remote
EMPLOYEES: 170+
er workers, who ex- San Francisco FUNDING RAISED: $1.2 MIL
DAN ADIKA
AND I’LL pected software to be FUNDING RAISED: $167.5 MIL WORKFLOW AUTOMATION
EMPLOYEES: 650
TOOL
part of their job, en- PROCESS AUTOMATION
WRITE YOU tered the industry. In 49 Acquia 58 Welltok
Denver
2010 Apple launched Boston JEFF MARGOLIS
A CHECK the iPad, bringing MICHAEL SULLIVAN FUNDING RAISED: $250 MIL WADE FOSTER
EMPLOYEES: 400+
EMPLOYEES: 800
a sturdier device to FUNDING RAISED: $193.7 MIL HEALTHCARE CONSUMER
DIGITAL EXPERIENCE
ACTIVATION
RIGHT NOW.” worksites, which in- PLATFORM 57// ZAPIER
creasingly had access 50 Gainsight 59 Dataminr With so many work apps out
New York City
Redwood City, CA there, it’s no surprise yet an-
to Wi-Fi. A decade TED BAILEY
EMPLOYEES: 400 other wants to be the digital
NICK MEHTA
EMPLOYEES: 525
into operations, in 2012, Procore was still small, FUNDING RAISED: $156 MIL FUNDING RAISED: $577 MIL superglue connecting them
REAL-TIME ALERTS
with sales of just $5 million, but growth started to CUSTOMER SUCCESS all. Enter Zapier, which helps
MANAGEMENT
hockey stick. Silicon Valley finally took notice: In 60 Freshworks customers like Netflix and
San Bruno, CA
2014 Bessemer Ventures led a $15 million invest- 51 Turbonomic GIRISH MATHRUBOOTHAM NASA speed up their work
Boston EMPLOYEES: 1,400
ment round, then poured in another $30 million BENJAMIN NYE FUNDING RAISED: $249 MIL by connecting apps like
EMPLOYEES: 500+ CUSTOMER SUPPORT Dropbox, Gmail and Slack.
alongside Iconiq Capital ten months later. FUNDING RAISED: $155 MIL SOFTWARE
WORKLOAD AUTOMATION Started seven years ago by
Procore’s customers were starting to get much 61 ThoughtSpot CEO Wade Foster and two
bigger. Managers at Wieland, a 61-year-old Mich- 52 DataStax Palo Alto, CA cofounders in Missouri as
Santa Clara, CA SUDHEESH NAIR a side project to his home-
igan contracting firm that operates $325 mil- BILLY BOSWORTH EMPLOYEES: 275
lion of projects a year, have used Procore since EMPLOYEES: 500+ FUNDING RAISED: $306 MIL loan-business day job, Za-
FUNDING RAISED: $190 MIL BUSINESS INTELLIGENCE pier has 170 employees and
late 2015. At Wieland’s multimillion-dollar paper DATA MANAGEMENT $35 million in annual recur-
mill project in Wapakoneta, Ohio, team lead- 53 Segment 62 Workfront ring revenue but no physi-
Lehi, UT
ers and managers are equipped with iPad Pros San Francisco ALEX SHOOTMAN cal office, and has reached
PETER REINHARDT EMPLOYEES: 961 2 million users while raising
so they can check drawings and updates on Pro- EMPLOYEES: 300 FUNDING RAISED: $95 MIL
FUNDING RAISED: $108.7 MIL WORK MANAGEMENT just $1.3 million in outside
core at all times. Because Procore doesn’t charge CUSTOMER DATA
INFRASTRUCTURE funding. —Elisabeth Brier
by head count but by subscription, subcontrac-
96 | FORBES SEPTEMBER 30, 2018