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Procore’s $845M DroneDeploy Deal, Why Handoff Isn’t a Takeoff Tool and Construction Tech PR
Description
$845 million. In cash. That's what Procore just paid for DroneDeploy.
We sat down and ran the actual cross-sell math on this deal, and it's a lot steeper than the headline number makes it loo
We also got Handoff founder Dmitry Alexin on to talk about his AI estimating tool, and he was clear about one thing: "It's not a tool, it's not a takeoff tool."
And PR consultant Kevin Ferguson told us what it actually takes to get a construction tech startup covered in the press. Spoiler: it's not just having a good story
New episode's up.
#bricksandbytes #bricksbytes #bricksbucksandbytes #aec #construction #constructiontech #ai #vc
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Chapters
00:00 - Teaser
00:35 - Intro & Today's Agenda
01:02 - Procore Acquires DroneDeploy for $845M
08:55 - The Cross-Sell Math: Does the Deal Pencil Out?
16:28 - Dmitry Alexin (Handoff) Joins: Why Not Another Takeoff Tool
21:04 - Building H1: Assemblies, Pricing, and Computer Vision
32:58 - The Katerra Postmortem
41:04 - Kevin Ferguson Joins: The State of Construction Tech PR