Procore Technologies, a global provider of construction management software, has agreed to acquire DroneDeploy for approximately $845min cash, adding drone imagery, ground-based capture, robotics, and other visual records to its construction management software.
The transaction is expected to close later in 2026, subject to regulatory approvals and customary closing conditions. The purchase price remains subject to adjustment under the agreement.
Procore plans to link the drawings, inspections, observations, and other records stored on its platform to images of work taking place on site.
DroneDeploy, a reality-capture and robotics platform for the built environment, gathers three-dimensional information using drones, ground robots, and mobile, fixed, and wearable cameras. Its technology has been used on more than three million jobsites in over 180 countries, according to the company.
Procore plans to link project records with site imagery
Construction teams use Procore to manage drawings, inspections, observations, requests for information, and other project records. DroneDeploy would supply a visual account of changing site conditions.
Procore plans to use AI to analyse that imagery, document observations, detect possible problems earlier, and prompt actions within its platform. Cameras, drones, and robots could record sites at regular intervals. Procore said this could reduce some of the manual work involved in inspections and progress monitoring.
The company said these processes would be carried out within the security, compliance, and operational controls applied to each project.
Procore president and chief executive Ajei Gopal said the company intends to begin selling DroneDeploy’s products to its customers once the acquisition closes. DroneDeploy customers would also be offered Procore’s software.
The longer-term plan is to build DroneDeploy’s reality-capture technology into Procore’s AI products. Gopal said the combination could lead to digital tools that track activity, interpret what is happening on a project, and respond within the platform.
DroneDeploy chief executive Mike Winn said customers increasingly wanted reality capture included in their main construction workflows rather than using it as a separate tool.
Data from both platforms to underpin AI development
Procore said its construction records included nearly 400 million photographs, more than 126 million drawings, and over 10 million RFIs, submittals, and inspections during the past year. According to the company, its platform has been used on more than three million projects across over 150 countries.
DroneDeploy said it has collected approximately 20 trillion sq ft of visual data relating to the built environment. Its records also include tens of millions of user annotations and more than 100,000 labelled safety issues.
Procore plans to use the two datasets to develop construction-specific AI tools that compare recorded site conditions with existing project information. Observations and any resulting actions would be logged within its platform, providing a record that teams could review.
The company said such tools could eventually assist field and office staff by examining site conditions, identifying relevant project information, and completing specified tasks.
Goldman Sachs is acting as Procore’s exclusive financial adviser, while Citi is advising DroneDeploy. Procore said its current financial outlook covers its existing business and excludes any potential contribution from DroneDeploy.
