Procore IPO Presentation Deck
Disclaimer
Statements in this presentation, including but not limited to those regarding the possible or assumed future or performance of Procore Technologies, Inc. ("Procore" or the "Company") or its industry or other trend projections, may
constitute forward-looking statements. These statements include, but are not limited to, statements regarding the timing, anticipated size and terms of the proposed offering, the Company's expectations regarding the performance
of its business, financial performance, liquidity and capital resources, its addressable market size and opportunity, the rate of adoption of technology in the construction industry, growth prospects, the Company's long-term model,
and other non-historical statements. These statements can be identified by the use of words such as "believes", "anticipates", "expects", "intends", "plans", "continues", "estimates", "predicts", "projects", "forecasts", and similar
expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors because they relate to events and depend on circumstances that will occur in the future
whether or not outside the control of the Company, including those described in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Registration Statement on Form
S-1 (File No. 333-236789), as amended, filed with the U.S. Securities and Exchange Commission (the "SEC"). Such factors may cause actual results, performance, or developments to differ materially from those expressed or
implied by such forward-looking statements. Accordingly, no assurance is given that such forward-looking statements will prove to have been correct. They speak only as of the date of this presentation, and except to the extent
required by federal securities laws, the Company undertakes no obligation to update these forward-looking Statements.
Certain information contained in this presentation and statements made orally during this presentation relate to or are based on studies, publications, surveys, and other data obtained from third-party sources and Procore's own
internal estimates and research. While Procore believes these third-party studies, publications, surveys, and other data to be reliable as of the date of this presentation, it has not independently verified, and makes no
representations as to the adequacy, fairness, accuracy, or completeness of, any information obtained from third-party sources. In addition, no independent source has evaluated the reasonableness or accuracy of Procore's internal
estimates or research and no reliance should be made on any information or statements made in this presentation relating to or based on such internal estimates and research. All statements in this presentation attributable to
Gartner represent Procore's interpretation of data, research opinion, or viewpoints published as part of a syndicated subscription service by Gartner, Inc., and have not been reviewed by Gartner. Each Gartner publication speaks as
of its original publication date (and not as of the date of this presentation). Calculations were performed by Procore based on Gartner research. The opinions expressed in Gartner publications are not representations of fact and are
subject to change without notice.
This presentation includes "non-GAAP financial measures". These non-GAAP financial measures may not be comparable to similarly-titled measures presented by other companies or to third-party expectations, nor should they be
construed as an alternative to other financial measures determined in accordance with GAAP. Refer to the Appendix for a reconciliation of those non-GAAP financial measures to the most directly comparable GAAP measures.
This presentation shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Sales and offers to sell our securities will only be made in accordance with the Securities Act of 1933, as amended, and
applicable SEC regulations, including written prospectus requirements.
We have filed a registration statement on Form S-1, as amended (including a preliminary prospectus) with the SEC for the offering to which this presentation relates. The registration statement has not yet become effective. Shares
of our common stock may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Before you invest, you should read the preliminary prospectus and the other documents we
file with the SEC for more complete information about us and this offering. You can obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the prospectus may be obtained
from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526 or by e-mail at [email protected]; or J.P. Morgan Securities LLC, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood NY 11717, by telephone at (866) 803-9204 or by email at [email protected].
PROCORE®
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