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5 Interesting Learnings from Procore at $1 Billion in ARR

SaaStr

It’s a true vertical SaaS leader — “Cloud for Construction” — growing an impressive 33% at $1 Billion (!) Procore in fact was founded way back in 2002. He founded Procore in 2002. in ARR now. And it’s a great story of going long. Today though, it’s worth a stunning $10 Billion.

Scale 193
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Bezos' Shareholder Letter in 2000

Tom Tunguz

Throughout those 15 years, Amazon constructed a monolith heavier and more valuable than almost every other business in the world, despite the vacillations on Wall Street. Company performance exceeds employee expectations, yet the market values the company less than two quarters ago. Amazon stood fast to their principles throughout.

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Plenty of Decacorns Were Late Bloomers

SaaStr

Procore is a $16B+ leader in construction software, but took a full decade to take off. 2002-2012 were slow. Just a few examples: UiPath took 10 years to get to its first $1m in ARR in 2015. Then, it accelerated like a rocket. It took Squarespace 3 years just to get to $1M in ARR and 7+ years to get to the first $10M ARR.

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5 Interesting Learnings from Procore at $500,000,000 in ARR

SaaStr

You may not have heard of Procore if you aren’t in construction, but it’s a quiet SaaS leader we can all learn from if we think about it as a break-out Vertical SaaS leader. The first 10 years were actually pretty challenging … the company was founded way back in 2002. Vertical SaaS needs an ecosystem, too.

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Three Mega IPOs That Took A Long, Long Time To Get Big: Squarespace, Procore and UiPath

SaaStr

Procore was founded way back in 2002 to automate construction project management. But took a full decade for mobile to get mature enough to make construction software really work, because it had to work in the field.

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29 Latin American SaaS Superstars

SaaStock

Neoway is targeted to serve a diverse range of industries, including transportation, consumer goods, construction, oil and gas, health and pharmaceuticals, technology, telecoms, banks, and insurance companies and brokers, among others. Founded : 2002. It has offices in Florianópolis, São Paulo, and New York City. CEO : Jaime De Paula.

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PODCAST 76: Bottom-up Approach for Sales Rep Productivity Model w/ Kevin Egan

Sales Hacker

Kevin Egan: Between Oracle and Salesforce, I had a couple stops, but I got to Salesforce in 2002. Sam Jacobs: What is the role of sales in this construct (A), and then (B) is it the same profile of person as it would be at a more traditional outbound B2B enterprise sales solution? Sam Jacobs: So what year did you get to Salesforce?