Procore agrees to acquire DroneDeploy for approximately $845 million
Procore entered a definitive agreement to acquire DroneDeploy for approximately $845 million in cash. The pending transaction would add DroneDeploy's aerial, ground-robot and camera-based reality-capture platform to Procore's construction-management stack and is expected to close later in 2026, subject to customary conditions and regulatory approvals.
Evidence notes
- The consideration is approximately $845 million in cash, subject to customary purchase-price adjustments.
- DroneDeploy is used on more than 3 million jobsites across over 180 countries.
- The transaction is expected to close later in 2026 and does not yet make DroneDeploy a Procore subsidiary.