Procore to acquire Levelset for $500m.

Procore, a cloud-based construction management software company, to acquire Levelset, a developer of a collaboration-driven construction payment ecosystem, for $500m. “Our solution gets people paid faster, with less cash stress. Over 250k users have deployed Levelset on more than 6.5m construction projects. This activity generates highly reliable payment and relationship data. Together with Procore, we can further empower the industry to get paid faster, with better visibility and smoother documentation," Scott Wolfe, Levelset CEO.