Cloud-based construction software company Procore prices its NYSE IPO at $67 per share, above its target range, raising $634.5M and giving it a $8.5B valuation
Bloomberg : Tweets: @jrichlive and @jeffnolan Tweets: Jeff Richards / @jrichlive : Congrats to our friends @ICONIQGrowth; impressive conviction to be able to own 44% of a great company at IPO. Vertical SaaS FTW 🚀 https://twitter.com/... Jeff Nolan / @jeffnolan : construction is a grind for tech companies. I was an investor in a construction marketplace startup a long time ago and the inertia, fragmentation, and tech obstinance takes a toll. Congrats to @procoretech on the success they have had https://twitter.com/...