Mubadala Investment Company, an Abu Dhabi-based sovereign investor and existing Procore shareholder, will partner with Procore to drive its expansion into MENA. The partnership will advance the opportunity for Procore’s platform to connect information and teams, drive performance, and ensure the safety of workers in the region’s construction industry. Procore provides a single unified platform for construction, encompassing Project Management, Quality and Safety, Financials, Resource Management and Analytics, plus the ability to integrate with hundreds of widely used applications through Procore’s App Marketplace. Procore helps Owners, Contractors and Subcontractors build smarter by improving collaboration and streamlining communication through the construction supply chain, and providing real-time data and visibility into their project performance. Procore has over 10,000 customers running in excess of 1 million projects around the world.
Construction businesses in MENA today are accelerating their digitisation and innovation. As the COVID-19 pandemic recedes, owners and contractors are under continued pressure to drive innovation while controlling costs and improving productivity. Procore is thrilled to be on this journey with such a reputable and expert partner in the region. With Mubadala we have a unique opportunity to expand our one platform approach to a growing construction market, working closely with their team to respond to market needs. 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. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the main contractor, and the subcontractor. Procore’s Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe.