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Forbes Ranks Procore Number 5 on Annual List of Top 100 Private Cloud Companies

Today Forbes unveiled its annual ranking of the top 100 private cloud companies in the world, the Cloud 100. Procore has been included on the prestigious list since it was first published in 2016, and this year we’re extremely honored to have earned a top spot, coming in at #5 on the Forbes 2018 Cloud 100.

“For the past three years, the Cloud 100 list has identified the top cloud companies that are reshaping their respective industries. I am consistently impressed by the caliber of companies honored on the Cloud 100 list. It is an exciting time to a be a cloud company and founder.” – Alex Konrad, Forbes editor of The Cloud 100

Garnering a top spot on the Cloud 100 is a shared achievement, as we must acknowledge and thank the more than 1,200 Procore employees and thousands of Procore clients who have played such an integral part in the company becoming one of the top private cloud companies in the world.

Our mission is to build the software that builds the world, and that means we’re committed to partnering with our clients to make sure that the needs of the construction industry are being met.

In the past year we’ve brought Procore to more users in new markets, continuing to grow in Australia and New Zealand, expanding further across Canada, and recently in the UK with our newest office located in London.

In a move to provide field teams with a project management application that makes it effortless to access and share the information needed to run an efficient, productive jobsite, we partnered with Apple to completely redesign the Procore iOS app for iPhone and iPad. We’ve also introduced Procore Labor Tracking, our latest product offering, designed to equip contractors with the tools they need to manage productivity and utilization of labor on the construction site.

We’ll continue to partner with our clients to deliver impactful solutions for the construction industry and are excited for the opportunities ahead.

The Forbes Cloud 100 judging panel, including top public cloud company CEOs, reviewed the data to select, score and rank the top 100 cloud companies from all over the world. The evaluation process involved four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%).