What is Porch?
Founded in 2013 and headquartered in Seattle, Washington, Porch operates as a vertical SaaS provider dedicated to enhancing the home experience. The company offers a suite of software and services designed to empower homeowners with the information and professional connections needed for smart home improvement decisions. Porch's platform facilitates access to inspiration, project management tools, and a network of service providers, positioning it as a comprehensive solution for homeowners navigating the complexities of home maintenance and renovation.
How much funding has Porch raised?
Porch has raised a total of $106.1M across 7 funding rounds:
Angel/Seed
$6.3M
Series A
$27.3M
Series B
$65.9M
Private Equity
$540K
Private Equity
$987K
Debt
$5M
Debt
$100K
Angel/Seed (2013): $6.3M, investors not publicly disclosed
Series A (2013): $27.3M, investors not publicly disclosed
Series B (2015): $65.9M supported by Battery Ventures, Capricorn Investment Group, Founders Fund, Valor Equity Partners, Loweu2019s Companies, Inc., and Panorama Point Partners
Private Equity (2017): $540K, investors not publicly disclosed
Private Equity (2017): $987K, investors not publicly disclosed
Debt (2020): $5M with participation from PPP
Debt (2025): $100K led by Northeast Bank
Key Investors in Porch
Battery Ventures
Battery Ventures is a global investment firm that partners with founders and management teams to build category-defining companies across software, enterprise infrastructure, online marketplaces, healthcare IT, and industrial technology. They support companies at all stages, from seed to buyout.
Capricorn Investment Group
Capricorn Investment Group is an investment firm focused on sustainable, climate, and impact investments, managing diversified portfolios for families, foundations, and institutions. They emphasize backing companies and funds addressing global environmental and social challenges.
Founders Fund
Founders Fund invests in important and valuable companies across all sectors and stages globally, with a founder-friendly approach. Their partners have a history of founding and funding major tech companies like SpaceX and Palantir.
What's next for Porch?
The substantial enterprise-level capital infusion, highlighted by the recent strategic investment, signals Porch's trajectory towards scaling its operations and potentially expanding its service offerings. This backing is likely to support advancements in its software solutions, further integration of home improvement services, and broader market penetration. The company's focus on leveraging technology to simplify homeownership suggests a strategic emphasis on enhancing user experience and building a robust ecosystem for home-related services.
See full Porch company page
