Page 17 - Forbes Magazine-September 30, 2018

69 Illumio 81 Airtable
Sunnyvale, CA San Francisco tors and partners working with customers like
Wieland end up using Procore for free and then
ANDREW RUBIN HOWIE LIU
EMPLOYEES: 287 EMPLOYEES: 60
FUNDING RAISED: $265.7 MIL FUNDING RAISED: $70 MIL often spread it to their other projects. “We have
CYBERSECURITY BUSINESS APP-BUILDING
PLATFORM a motto, and it’s simple: 100% Procore,” says Rob
70 Hootsuite Krueger, Wieland’s CEO.
Vancouver, B.C. 82 Evernote
Redwood City, CA As Procore has added features to cover things
RYAN HOLMES
EMPLOYEES: 1,000 CHRIS O’NEILL
FUNDING RAISED: $298 MIL EMPLOYEES: 331 like safety inspections and financing, it’s been able
SOCIAL MEDIA MANAGEMENT FUNDING RAISED: $260 MIL
COLLABORATION SOFTWARE EUGENIO PACE to crack some of the industry’s biggest players,
71 Health Catalyst like Mortenson, a $4 billion-in-sales construction
Salt Lake City 83 KeepTruckin 68// AUTH0
San Francisco giant based in Minnesota, which pays an estimat-
They may not stop to ask
DAN BURTON
EMPLOYEES: 700 SHOAIB MAKANI ed seven figures a year to keep 2,000 employees
FUNDING RAISED: $293 MIL EMPLOYEES: 800 who’s doing the heavy lift-
HEALTHCARE ANALYTICS FUNDING RAISED: $78.3 MIL on the app. Landing these bigger customers has
FLEET MANAGEMENT ing, but an average of 50
72 iCIMS SOFTWARE million people each day allowed Procore to raise a war chest of $180 mil-
Holmdel, N.J. log in to sites like the Wall lion in funding since 2015, reaching a valuation
84 Pipedrive
COLIN DAY Street Journal and Mazda
Tallinn, Estonia; New York City of about $1 billion in late 2016.
EMPLOYEES: 75
FUNDING RAISED: UNDISCLOSED TIMO REIN using a tool called Auth0,
TALENT ACQUISITION EMPLOYEES: 400+ which wants to be the one- Construction tech is now red hot, and Pro-
SOFTWARE FUNDING RAISED: $80 MIL
SALES SOFTWARE stop shop for secure log-ins core has attracted challengers both big and small.
73 DigitalOcean across the internet. —C.K. Software giants Oracle and Trimble each made
New York City 85 Braze
New York City $1.2 billion acquisitions in the space in the past
MARK TEMPLETON
EMPLOYEES: 464 BILL MAGNUSON six months, and VCs who missed out on Procore
FUNDING RAISED: $123 MIL EMPLOYEES: 254
CLOUD INFRASTRUCTURE FUNDING RAISED: $93 MIL 93 Podium are now backing newer startups. And at least one
MESSAGING PLATFORM Lehi, UT
74 JFROG ERIC REA rival quietly bid several billion dollars for Procore
Sunnyvale, CA; Netanya, Israel 86 Algolia EMPLOYEES: 350 in the past and was rebuffed, sources say. Procore
San Francisco FUNDING RAISED: $93 MIL
SHLOMI BEN HAIM CUSTOMER COMMUNICATION
EMPLOYEES: 350 NICOLAS DESSAIGNE declined to comment on the overture.
FUNDING RAISED: $62 MIL EMPLOYEES: 250
CLOUD DEVELOPMENT AND FUNDING RAISED: $74 MIL 94 Exabeam Still, thanks to its years of survival, Procore’s
OPERATIONS SEARCH AND DISCOVERY San Mateo, CA
ENGINE product looks to have a head start. “I don’t think
NIR POLAK
75 American Well EMPLOYEES: 230 there are many companies challenging Procore
Boston 87 SumoLogic FUNDING RAISED: $115 MIL
Redwood City, CA CYBERSECURITY that can hold a candle to their size and strategy,”
DRS. ROY AND IDO SCHOENBERG
EMPLOYEES: 500 RAMIN SAYAR says Derrick Woods, an analyst at Cowen.
FUNDING RAISED: $291 MIL EMPLOYEES: 400+ 95 Cloudinary
TELEHEALTH PLATFORM FUNDING RAISED: $235 MIL Sunnyvale, CA In a little cliffside clearing overlooking the Pa-
DATA ANALYTICS
ITAI LAHAN cific on Procore’s campus, the management team,
76 C3 IoT EMPLOYEES: 135
Redwood City, CA 88 Carta FUNDING RAISED: UNDISCLOSED sweating in the July heat, forms a half-circle
San Francisco CLOUD IMAGE AND VIDEO
THOMAS M. SIEBEL
SERVICE around Courtemanche for their morning stand-
EMPLOYEES: 250 HENRY WARD
FUNDING RAISED: $282 MIL EMPLOYEES: 400
AI AND IOT SOFTWARE FUNDING RAISED: $67 MIL 96 Namely up meeting. Now at 1,200 employees, Procore in-
FINANCE SOFTWARE New York City stituted the meetings companywide several years
77 NewVoiceMedia ELISA STEELE
Basingstoke, England 89 Netskope EMPLOYEES: 600 ago as a salve for the chaos of its rapid growth.
Los Altos, CA FUNDING RAISED: $217.8 MIL
DENNIS FOIS Later that day Procore will announce a partner-
PAYROLL, BENEFITS AND HR
EMPLOYEES: 417 SANJAY BERI
FUNDING RAISED: $140 MIL EMPLOYEES: 475 ship with Sage, an accounting software maker and
CONTACT CENTER FUNDING RAISED: $231.4 MIL 97 Endgame
CLOUD SECURITY Arlington, VA erstwhile rival. Elsewhere, cross-functional teams
78 Ziprecruiter NATE FICK are working on additional versions of Procore’s
Santa Monica, CA 90 Pindrop EMPLOYEES: 128
Security FUNDING RAISED: $111.4 MIL app for property owners, subcontractors and en-
IAN SIEGEL
EMPLOYEES: 1,000 Atlanta ENDPOINT SECURITY
FUNDING RAISED: $63 MIL terprise-size customers.
VIJAY BALASUBRAMANIYAN
ONLINE EMPLOYMENT 98 Glint
MARKETPLACE EMPLOYEES: 305 Redwood City, CA Those releases could be the last touches Pro-
FUNDING RAISED: $122 MIL
VOICE-BASED SECURITY JIM BARNETT core needs before filing to go public ahead of an
79 Onshape EMPLOYEES: 210
Cambridge, MA 91 Drift FUNDING RAISED: $79.5 MIL IPO, which insiders say is likely to come in early
JON HIRSCHTICK Boston PEOPLE SUCCESS PLATFORM 2019. In internal meetings and with customers,
EMPLOYEES: 100
FUNDING RAISED: $169 MIL DAVID CANCEL 99 Dialpad Procore is already acting like a public-company-
DESIGN SOFTWARE EMPLOYEES: 185 San Francisco
FUNDING RAISED: $107 MIL to-be, battening down the hatches for Wall Street
MARKETING SOFTWARE CRAIG WALKER
80 Collibra EMPLOYEES: 300 to get its first close look at the numbers of an ugly
New York City 92 Outreach FUNDING RAISED: $120 MIL
Seattle COMMUNICATIONS
FELIX VAN DE MAELE CLOUD BUSINESS duckling startup turned cloud leader.
EMPLOYEES: 360
FUNDING RAISED: $133 MIL MANNY MEDINA Courtemanche says that after all these years,
DATA GOVERNANCE AND EMPLOYEES: 315 100 Pendo he’s not planning to hang up his hammer once he
CATALOG SOFTWARE FUNDING RAISED: $125 MIL Raleigh, NC
SALES ENGAGMENT
rings the market bell. As with his house, the vision
TODD OLSON
EMPLOYEES: 220
FUNDING RAISED: $106 MIL for Procore may grow grander, but it’ll be the same
USER INSIGHT AND
COMMUNICATION foundation. “I’m a dog on a bone,” Procore’s CEO
EDITED BY ALEX KONRAD
REPORTED BY ELISABETH BRIER, CHRISTIAN KREZNAR AND SAMAR MARWAN says. “I won’t be able to walk away.” F
SEPTEMBER 30, 2018 FORBES | 97