ConTech SaaS Capital Market Pulse
August 25–31, 2025: Your weekly intelligence on construction technology market movements, valuations, and strategic partnerships.
Weekly Funding Activity
No new ConTech SaaS funding rounds this week
No ConTech SaaS companies closed rounds between Aug 25 and Sep 1, 2025.
Strategic Move with Revenue Impact
Procore and AWS – Multiyear AI partnership
Sources:
- Procore press release, Aug 26, 2025
- Business Wire, Aug 26, 2025
- ENR, Aug 26, 2025
- PitchBook, Aug 30, 2025; Construction Dive, Aug 29, 2025
Partnership Details
What happened:
Procore signed a multiyear agreement with AWS to build and sell AI-powered construction features together. AWS sales teams can now bring Procore into their enterprise deals.
Why it matters:
If you integrate with Procore, your customers are going to start asking for AI features within six months. Building those features on AWS now makes those conversations easier and increases your odds of getting pulled into joint sales with Procore and AWS.
Valuation Context
9x
Public SaaS Multiple
Public SaaS companies are selling for about 9 times their annual revenue right now
7x
Private Deal Multiple
In private deals, the median is closer to 7 times
$14M
$2M ARR Valuation
If you are doing $2 million in annual recurring revenue, similar companies are being valued around $14 million
$15-20M
Series A Range
If you are raising Series A at $3 million ARR, expect valuations in the $15 to $20 million range
That is down from the $30 million-plus peak in 2021 but well above the $10 million lows of 2023.
Source: BVP Cloud Index, Aug 2025; SaaS Capital, Jan 2025
Expert Insights
Founder insight:Your customers will expect AI inside their Procore stack. Ship it now using AWS services so you can get adoption faster and increase your chances of riding the Procore-AWS distribution wave.
VC insight:Procore's partnership with AWS sharpens its AI revenue story. Companies that integrate tightly into this ecosystem become natural acquisition candidates. Recent patterns suggest buyers are paying 20 to 30 percent premiums above baseline SaaS comps when AI attach drives clear revenue growth.
Market Signal Summary
No ConTech SaaS companies closed funding rounds this week
Valuations are stabilizing around 9x revenue for publics and 7x ARR for privates
Buyers are rewarding companies that prove AI-driven add-on sales and team growth inside the Procore-AWS ecosystem with premium takeout multiples
The market moves fast. Intelligence must move faster.