Porch Group (NASDAQ:PRCH) (NASDAQ:PRCH) is a technology-driven home services platform that connects homeowners with service professionals and provides software solutions to property managers, retailers and real estate brokers. Founded in 2012 and headquartered in Seattle, Washington, Porch offers a suite of cloud-based applications and marketplaces designed to simplify home maintenance, repair and improvement projects. The company’s platform streamlines everything from home warranties and insurance claims to project management and payment processing.
The core of Porch’s offerings includes a digital matchmaking service that links homeowners to pre-vetted, licensed contractors, as well as proprietary software tools for service providers. Through integrations with major retailers—most notably a long-standing partnership with Lowe’s—Porch helps retailers enhance their in-store customer experience by offering installation, repair and maintenance services at the point of sale. Additionally, real estate and mortgage partners leverage Porch’s technology to create turnkey solutions, including move-in coordination and home protection plans.
Historically, Porch has pursued a strategy of expanding its platform through strategic acquisitions and partnerships. The company went public in December 2020, and in subsequent years it acquired several software firms specializing in service management and field operations to bolster its suite of business-to-business offerings. While its principal market remains the United States, Porch continues to explore adjacent opportunities in North America through alliances with real estate brokerages and financial institutions.
Under the leadership of founder and CEO Matt Ehrlichman, Porch Group emphasizes innovation, data analytics and customer service. Its executive team includes seasoned professionals with backgrounds in technology, home services and finance, collectively guiding the company’s mission to make homeownership easier and more transparent for all stakeholders. Porch continues to invest in platform enhancements, aiming to become the go-to resource for homeowners, contractors and channel partners in the evolving home services ecosystem.
