Porch

Seattle, WA Vertical SaaS Public

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.

Public Company

Porch is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

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

Funding

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

Not specified
DateRoundAmount RaisedValuationLead 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

Leadership

  • Matt Ehrlichman

    Founder, Chairman & CEO

    LinkedIn
  • Shawn Tabak

    Chief Financial Officer

    LinkedIn
  • Matthew Neagle

    Chief Operating Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Thumbtack

    Online home services marketplace connecting homeowners with local pros across home improvement and maintenance categories.

  • Houzz

    Home design and remodeling platform with software (Houzz Pro) for contractors and design pros, plus a marketplace for homeowners.

  • Angi

    Home services marketplace (formerly Angie's List / HomeAdvisor) connecting homeowners with service professionals; publicly listed under ANGI.

  • 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 Investment FAQ

Porch FAQ

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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