Procore acquires Datagrid to accelerate AI strategy in construction

Procore (PCOR) announced it has acquired Datagrid, a leading vertical AI solution in the industry. Through this acquisition, Procore will help customers eliminate data silos and automate complex workflows including autonomously managing submittal reviews and drafting RFIs across platforms with greater speed and efficiency. By providing connectivity to third-party data sources, such as cloud storage systems, this technology will enable Procore to turn fragmented data into a powerful system of intelligence. Procore and Datagrid will offer products immediately available to both Procore and non-Procore customers. Financial terms of the deal have not been disclosed.