Procore Joins the Pledge 1% Movement

Procore commits to donating one percent of employee time as well as software and services in kind

CARPINTERIA, Calif., April 10, 2019 — (PRNewswire) —   Procore Technologies, Inc., a leading provider of cloud-based applications for construction, today announced it has joined Pledge 1%, a global philanthropy movement dedicated to making giving back a fundamental piece of every business.

Nonprofit and educational organizations receive Procore's software, implementation, and support free of charge to help serve their missions by building for charity and educating construction professionals. Procore.org, Procore's social impact organization, supports more than one percent of Procore's total active client accounts. In addition, Procore employees spend one percent of their annual working hours participating in volunteer opportunities that positively impact the communities where employees live and work. Procore's employee volunteer program connects employees with local community service opportunities, which include city cleanups and student mentorship programs.

"We've donated our products to universities and nonprofits such as Habitat for Humanity for years, while also allowing our employees to use work days to volunteer for causes they're passionate about," said Steve Zahm, President & COO, Procore. "Partnering with Pledge 1% builds upon these efforts and formalizes our dedication to corporate philanthropy."

Procore joins over 8,500 companies across 100 countries that have committed to philanthropic efforts through Pledge 1%.

"Procore's vision is to improve the lives of everyone in construction, and our commitment to philanthropy in service to the construction industry helps us realize this vision," said Darryl Kysar, Director of Procore.org, Procore. "This move is another step by Procore to commit to being a positive force in the construction industry by helping out nonprofits and educators who otherwise would not be able to afford modern construction technology."

Additionally, Procore.org works with universities to educate the future construction workforce, supports the advancement of the trades and skilled labor, and provides free access to Procore products to nonprofit organizations that are helping to build and rebuild within local communities. To learn more about what Procore's social impact initiatives are doing to improve the lives of everyone in the construction industry, visit procore.org.

About Procore
Procore is a leading provider of cloud-based applications for construction. Procore connects people, applications, and devices through a unified platform to help construction professionals manage risk and build quality projects—safely, on time, and within budget. Procore has a diversified business model with products for Project Management, Construction Financials, Quality & Safety, and Field Productivity. Headquartered in Carpinteria, California, with offices around the globe, Procore is used to manage billions of dollars in annual construction volume. For more information about Procore, visit procore.com.

About Pledge 1%
Pledge 1% is an effort spearheaded by Atlassian, Rally, Salesforce and Tides to accelerate their shared vision around integrating philanthropy into businesses around the world. Pledge 1% encourages and challenges individuals and companies to pledge 1% of equity, product and employee time for their communities, because pledging a small portion of future success can have a huge impact on tomorrow. Pledge 1% offers companies turnkey tools and best practices, making it accessible for any company to incorporate philanthropy into their business model. To learn more or to take the pledge, please visit pledge1percent.org.

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Cision View original content: http://www.prnewswire.com/news-releases/procore-joins-the-pledge-1-movement-300828467.html

SOURCE Procore Technologies, Inc.

Contact:
Company Name: Procore Technologies, Inc., Pledge 1%
Web: https://www.procore.com





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