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Procore Named Philanthropist of the Year by the United States Minority Contractors Association

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Procore Technologies, Inc. (NYSE: PCOR) has been honored as the 2021 Philanthropist of the Year by the United States Minority Contractors Association (USMCA). This recognition celebrates Procore's commitment to diversity, equity, and inclusion through its partnership with USMCA, which offers minority contractors access to free training, educational resources, and discounted programs since 2020. The award was presented during USMCA’s 30th Annual Millennium Awards Celebration, highlighting Procore's efforts to support minority entrepreneurs in the construction industry.

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  • Recognition as 2021 Philanthropist of the Year by USMCA enhances company reputation.
  • Partnership with USMCA provides valuable training and resources to minority contractors, impacting industry inclusivity positively.
  • Support for underrepresented communities aligns with growing industry focus on diversity and inclusion.
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CARPINTERIA, Calif.--(BUSINESS WIRE)-- Procore Technologies, Inc. (NYSE: PCOR), a leading provider of construction management software, today announced that the United States Minority Contractors Association (USMCA) has named Procore their 2021 Philanthropist of the Year. Procore.org, the social impact arm of Procore, began a partnership with USMCA in 2020 to provide members with free Procore product training, educational resources, and a discounted buying program for the Procore platform.

Procore recognized by the United States Minority Contractors Association (USMCA) for helping to support the industry. (Graphic: Business Wire)

Procore recognized by the United States Minority Contractors Association (USMCA) for helping to support the industry. (Graphic: Business Wire)

“We’re honored to announce that Procore has been selected for the 2021 USMCA Philanthropist of the Year Award. Procore’s mission and stance on diversity, equity and inclusion mirrors USMCA’s mission and purpose,” said Rev. Larry S. Bullock, President and CEO of USMCA. “We honor the progressive stance Procore has taken in the Black and brown community.”

Procore accepted the award during USMCA’s 30th Annual Millennium Awards Celebration, which seeks to capture the accomplishments of honorees during the three decades of advocacy and technical assistance offered to members, strategic partners and consumers within public and private sectors.

“Procore’s vision is to improve the lives of everyone in construction, and we’re taking action to build a more inclusive and equitable construction industry,” said Sasha Reed, Director of Industry Advancement at Procore. “Minority contractors have an important role to play in meeting the demand for work on projects across the nation. That demand requires an upskilled workforce that is tech-enabled. We partnered with USMCA to support the impactful work they’re doing to build capacity for minority entrepreneurs in the construction industry.”

Procore supports nonprofits and educational organizations dedicated to serving underrepresented communities as part of the company’s commitment to diversity, inclusion, and belonging (DIBs). Procore.org works to advance the construction industry through advocacy, education, and technology. For more information, visit procore.org.

About Procore

Procore is a leading provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Our platform connects every project stakeholder to solutions we've built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe. Learn more at Procore.com.

PROCORE-IR

Media Contact

Andee Brooker

press@procore.com

Investor Contact

Matthew Puljiz

ir@procore.com

Source: Procore Technologies Inc.

FAQ

What award did Procore Technologies receive in 2021?

Procore Technologies was named the 2021 Philanthropist of the Year by the United States Minority Contractors Association (USMCA).

What is the partnership between Procore and USMCA?

Procore partnered with USMCA to provide minority contractors with free product training, educational resources, and a discounted buying program since 2020.

How does Procore contribute to minority contractors?

Procore contributes by providing educational resources, training, and support to enhance the capacity of minority contractors in the construction industry.

Where was the USMCA Philanthropist of the Year award accepted?

The award was accepted during USMCA’s 30th Annual Millennium Awards Celebration.

What is Procore’s mission in the construction industry?

Procore’s mission is to improve the lives of everyone in construction, focusing on building a more inclusive and equitable industry.

Procore Technologies, Inc.

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