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Who Is Tooey Couremanche Founder and CEO of Procore

SaaStr

Early Life and Education Tooey Couremanche grew up with exposure to the construction industry through family connections. Early Career Before founding Procore, Couremanche worked in both the construction and technology sectors. Founding Procore In 2002, Couremanche founded Procore in Carpinteria, California.

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ServiceTitan: Benchmarking the S1 Data

Clouded Judgement

There’s a lot of info to digest, so in the sections below I’ll try and pull out the relevant financial information and benchmark it against current cloud businesses. The purpose of the detailed information is to help investors (both institutional and retail) make informed investment decisions.

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SaaStr Podcast 436: The State of the Cloud 2021 with Bessemer Venture Partners

SaaStr

The Cloud is expanding and moving forward at a phenomenal rate, so we invited the team at Bessemer Venture Partners back to SaaStr to unveil their latest findings in the 2021 State of the Cloud. Is Cloud growth sustainable for the long term? Is Cloud growth sustainable for the long term? Hello Unicorns . trillion.

Cloud 262
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Plenty of Decacorns Were Late Bloomers

SaaStr

There’s no question SaaS and Cloud companies scale faster than ever these days. 50%+ growth at $100m+ ARR seems to be the new normal, and a full 25% of the Cloud 100 was growing 100%+ at $100m in ARR! More on that here: The Top SaaS and Cloud companies are now growing 100% at $100m ARR. Cloud is just so much bigger.

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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. UiPath is hyper-enterprise ($1m+ customers) and really on-prem software for the Cloud.

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What is Vertical SaaS?

Stax

While both offer cloud-based solutions—but they serve very different purposes. Target audience Vertical SaaS is designed for businesses in a specific industry or niche; think construction firms, dental clinics, or salons. Vertical SaaS companies often provide industry-specific integrations—e.g., Consider the following.

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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. But they hit their stride in 2012 as mobile took off, enable construction project management software to finally really work in the field.