Procore Technologies announced the acquisition of Datagrid, a vertical AI platform that specializes in connecting disparate data sources for the construction industry, on January 20 2026. The deal is intended to accelerate Procore’s AI strategy and deliver enhanced data connectivity for its customers, allowing the company to eliminate data silos and automate complex workflows such as submittal reviews and RFI drafting across multiple platforms.
The transaction expands Procore’s AI portfolio by adding Datagrid’s advanced reasoning and deep‑search capabilities. These features enable customers to bridge gaps between siloed data and initiate actions across their entire ecosystem, unlocking new productivity and quality gains for users of Procore’s construction‑management platform.
Procore’s leadership highlighted that the integration will deepen the company’s competitive moat in an underserved market where AI‑driven automation is becoming a key differentiator. “By integrating Datagrid’s AI and deep search capabilities, we will enable customers to bridge the gaps between siloed data and initiate actions across their entire ecosystem,” said Steve Davis, President of Product & Technology. “This connectivity unlocks the true value of construction data, allowing our customers to innovate faster and focus on building the world around us.”
The acquisition aligns with Procore’s recent financial performance, which has shown strong revenue growth and high gross margins. In Q4 2024, the company reported revenue of $302 million, a 16% year‑over‑year increase, and a non‑GAAP gross margin of 85%. Full‑year 2024 revenue reached $1,152 million, up 21% YoY, with a non‑GAAP gross margin of 86%. The deal is expected to help Procore capture additional wallet share and accelerate adoption across the full construction ecosystem.
Datagrid’s technology focuses on agentic AI that can execute actions across disparate data sources, addressing the industry’s fragmented data problem. The vendor‑agnostic approach allows Procore to act as an AI broker across third‑party systems, providing a strategic advantage in a market where interoperability is a major barrier to efficiency.
Thiago da Costa, former CEO of Datagrid and now head of AI and data strategy at Procore, emphasized the company’s focus on building an AI that can execute, not just talk. “Our focus has always been on building an AI that can execute, not just talk,” he said. The acquisition positions Procore to deliver autonomous, cross‑platform intelligence that can transform construction workflows and drive long‑term value for its customers.
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