Porch Group is a vertical software and insurance platform for the home, providing ERP/CRM software to home inspection, moving, title, and adjacent home services companies, and offering homeowners insurance and warranty products. Founded in 2012 by Matt Ehrlichman and headquartered in Seattle, Porch went public on Nasdaq via a SPAC merger with PropTech Acquisition Corp in December 2020 under the ticker PRCH.
Porch is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2012
Employees
500–1,000
Total Funding
$119.85M
4 rounds
Total raised $119.85M across 4 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series C
Date
January 1, 2020
Amount
$21M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| January 1, 2020 | Series C | $21M | — | Not specified |
| January 20, 2015 | Series B | $65M | — | Valor Equity Partners |
| September 1, 2014 | Series A | $27.6M | — | Lowes |
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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Angi
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Lemonade
InsurTech offering homeowners and renters insurance via an AI-driven, digital-first platform; publicly listed under LMND.
Hippo
Modern home insurance provider focused on proactive home protection and smart-home integrations; publicly listed under HIPO.
Redfin
Real estate brokerage and technology platform offering home search, brokerage, and adjacent services such as mortgage and title.
Porch became publicly traded on Nasdaq under ticker PRCH on December 24, 2020, following the closing of its business combination with PropTech Acquisition Corp (NASDAQ: PTAC) on December 23, 2020. The transaction had a post-combination equity value of approximately $1.079 billion and included a $150M PIPE led by Wellington Management.
Porch shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Porch raised $119.85M across 4 disclosed funding rounds prior to its public listing.
Porch was founded by Matt Ehrlichman in 2012.
Porch is headquartered in Seattle, WA.
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