Construction management software company Procore has acquired Honest Buildings, a startup favored among institutional developers, the companies said Tuesday. The acquisition signals confidence in the growing construction tech sector, where major real estate players are putting their capital. Last year, investment in construction tech companies totaled $6.1 billion, almost double what was invested in 2017 and a stark rise from the $350 million invested in 2016. Already, 2019 is on track for another year of […]
source https://therealdeal.com/national/2019/07/16/softbank-backed-construction-tech-company-procore-acquires-honest-buildings/#new_tab
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