Tech Disruptors
Procore’s Approach to Automating Construction
Feb 26, 2025
Tooey Courtemanche, the founder and CEO of Procore, shares his journey from construction worker to tech entrepreneur. He delves into how Procore's software unifies project and financial management for construction stakeholders. Courtemanche discusses the implications of macroeconomic factors like tariffs and labor costs on the industry. He emphasizes their unique pricing model and the potential of generative AI. With insights on international growth and a robust data set, it's clear Procore is redefining the construction landscape.
33:02
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Quick takeaways
- Procore’s unique pricing model encourages extensive platform use by basing costs on anticipated construction volume rather than user counts, fostering collaboration.
- The construction industry’s slow digital adoption presents significant growth opportunities as companies integrate advanced technologies like AI for improved efficiency and risk management.
Deep dives
Thuy Kortamansh's Unique Background
Thuy Kortamansh shares a distinctive journey that set the foundation for Procore, having started as a construction worker before transitioning into technology. He began working in construction as a young teenager and developed a deep appreciation for the industry and the people within it. This early experience, combined with his later pursuit of a career in software, uniquely positioned him to identify the specific challenges faced in construction. The idea for Procore emerged while he was remodeling a home, recognizing the need for better project management tools that did not yet exist.
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