CARPINTERIA, CA, Mar 11, 2025 – Procore Technologies, Inc. has announced that its founder, president, and CEO, Tooey Courtemanche, will transition to the role of executive chairman after a successor is appointed. In this new position, he will continue to lead the Board. Until a successor is named, Courtemanche will retain his current responsibilities as CEO.
The Board of Directors will initiate a search process to find Courtemanche’s successor.
“I founded Procore to solve the construction industry’s greatest challenges, and will continue to carry out my life’s work in my role today and in my future role,” said Courtemanche. “I made this decision with the confidence that our business foundation is strong, and now is the right time to begin the process of finding a new CEO who will build on our momentum and lead the Company through its next phase of growth. When the time comes for me to transition to Executive Chairman, my commitment to our customers and the Company’s success will remain as strong as ever.”
“Tooey established Procore as the software platform of choice for the construction industry, and we look forward to continuing to benefit from his exceptional vision and leadership – and his invaluable industry knowledge – in his current and future roles,” said Graham Smith, lead independent director. “As we embark on the search for Procore’s next CEO, our priority is to identify a leader with a strong commitment to our mission of connecting everyone in construction on a global platform and proven operational experience at scale—a leader who can continue to enhance customer value and drive extraordinary growth.”
Source: Procore
About Procore
Procore Technologies, Inc., established in 2002, is a leading provider of cloud-based construction management software. Headquartered in Carpinteria, CA, Procore offers a platform that streamlines various construction processes, including project management, resource management, financial management, and construction intelligence. Their solutions cater to construction professionals, like the general contractors, specialty contractors, owners, and public agencies, facilitating efficient collaboration and project execution. Over the years, Procore has expanded its global presence, serving customers in over 150 countries. As of 2023, the company reported revenues of approximately $950 million and employed over 4,200 individuals. Over three million projects have run on Procore across 150+ countries. Procore’s commitment to innovation and addressing industry challenges has positioned it as a trusted technology partner in the construction sector.