Porch Fuels the Future of Home Protection with a $7.1M Funding Boost

Porch Group is excited to announce that we have successfully raised $7,100,000 in our latest funding round, marking a significant milestone as we continue to redefine the future of home services. As a leading vertical software and insurance platform, Porch Group is uniquely positioned to serve as the best partner for homebuyers seeking to move, maintain, and fully protect their homes. This new capital injection will be strategically deployed to enhance our differentiated range of products and services, with a special focus on homeowners insurance—a core element of our comprehensive offerings. By investing in our proprietary technology and underwriting expertise, we aim to revolutionize how homebuyers engage with essential services like inspections, mortgages, and titles, nurturing deep relationships with over 30,000 key industry partners who shape the home-buying journey. Our vision is to seize the massive and expanding opportunity in the homeowners insurance market by providing unmatched service for homebuyers, leveraging our advantaged underwriting, and ultimately safeguarding the very sanctuaries our customers call home. With our Nasdaq debut in 2020 under the ticker symbol PRCH, Porch Group has firmly established its commitment to transparent growth, innovative solutions, and long-term value creation. This funding round not only validates our business model but also empowers us to further invest in technology, talent, and market expansion initiatives. As we continue writing the next chapter of our growth story, we invite passionate professionals to join our mission—visit https://porchgroup.com/careers to explore the exciting opportunities available as we just get started on our journey to build a truly great company.