/Companies

Porch Group

NASDAQ: PRCH

Seattle, US · Founded 2019 · Delaware corporation · 10 known investors

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Porch Group operates a platform serving the homeowner and home services industry, with businesses spanning home inspection, real estate, moving, insurance (Homeowners of America), and data and marketing. It provides software and services to home services companies and connects homeowners with related products and services.

Founders & leadership

Porch Group was founded in 2019 by Matt Ehrlichman, Ronnie Castro, and Jake Cooney.

MEMatt Ehrlichman
Matt EhrlichmanFounderMatt Ehrlichman is the CEO, Chairman, and founder of Porch Group, a software and homeowners insurance platform for the home services industry. A Stanford graduate, he previously founded the startup Thriva, which was acquired by Active Network in 2007, after which he served as Active Network's Chief Strategy Officer for five years through its 2011 IPO.
RCRonnie Castro
Ronnie CastroCo-founder, VP2012–2024Executive Officer at Porch
JCJake Cooney
Jake CooneyDesign Director and Co-founderFounder at Porch
GE
Gregg EskenaziExecutive
JD
Jeffrey DossettExecutive
JA
Jason AllenExecutive
MNMatthew Neagle
Matthew NeagleChief Operating OfficerHe previously held product and operations roles at Google and Amazon, and has led multiple business divisions and overseen mergers and acquisitions.
MHMarty Heimbigner
Marty HeimbignerChief Financial Officer2020–2022With prior experience overseeing financial operations and capital strategies at multiple private and public companies, including four IPOs and four acquisitions by public entities, he has expertise in financial planning, M&A, and strategic growth.
RV
Regi VengalilNamed on SEC filing
AS
Asha SharmaNamed on SEC filing

Board

AGAntonio Gracias
Antonio GraciasBoard directorFounder, Chief Executive Officer & Chief Investment Officer at Valor Equity Partners
TH
Thomas HennessyBoard director

Investors · 10

Reported raises · per SEC filings

Form D private placements

$121.4M disclosed across 8 rounds · 2013–2022

▶$4MraisedApr 2022 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Asha SharmaDirector
  • Rachel LamDirector
  • Matthew NeagleExecutive Officer
  • Maurice TullochDirector
  • Regi VengalilDirector
  • Marty HeimbignerExecutive Officer
  • Matthew EhrlichmanExecutive Officer, Director
  • Sean KellDirector
  • Alan PickerillExecutive Officer, Director
Offering amount
$4M
Amount sold
$4M
First sale
Apr 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedAug 2021 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Margaret WhelanDirector
  • Regi VengalilDirector
  • Alan PickerillDirector
  • Thomas HennessyDirector
  • Matthew EhrlichmanExecutive Officer, Director
  • Matthew NeagleExecutive Officer
  • Marty HeimbignerExecutive Officer
  • Christopher TerrillDirector
  • Javier SaadeDirector
  • Asha SharmaDirector
Offering amount
$2M
Amount sold
$2M
First sale
Jul 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20.6MraisedJan 2020 · 22 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Adam LenhardtExecutive Officer
  • Alan PickerillDirector
  • Juan SabaterDirector
  • Asha SharmaExecutive Officer, Director
  • Joseph HanauerDirector
  • Matthew EhrlichmanExecutive Officer, Director
  • Matthew NeagleExecutive Officer
Offering amount
$37M
Amount sold
$20.6M
Sales commissions
$240.3K
Placement agents
FTP Securities LLC
First sale
Dec 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$987.4KraisedMar 2017 · 3 investors · Other
Officers, directors & promoters on the filing
  • Chris LarsonExecutive Officer
  • Asha SharmaExecutive Officer, Director
  • Juan SabaterDirector
  • Joseph HanauerDirector
  • Matthew EhrlichmanExecutive Officer, Director, Promoter
Offering amount
$987.4K
Amount sold
$987.4K
First sale
Mar 2017
Incorporated
Corporation, Delaware
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$540KraisedMar 2017 · 12 investors · Other
Officers, directors & promoters on the filing
  • Asha SharmaExecutive Officer, Director
  • Joseph HanauerDirector
  • Juan SabaterDirector
  • Matthew EhrlichmanExecutive Officer, Director, Promoter
  • Chris LarsonExecutive Officer
Offering amount
$540K
Amount sold
$540K
First sale
Mar 2017
Incorporated
Corporation, Delaware
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$65.9MraisedJan 2015 · 28 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Antonio GraciasDirector
  • Asha SharmaExecutive Officer
  • Gregg EskenaziExecutive Officer
  • Jeffrey DossettExecutive Officer
  • Jason AllenExecutive Officer
  • Ian MorrisDirector
  • Frank AntonDirector
  • Javier OlivanDirector
  • Joseph HanauerDirector
  • Matthew EhrlichmanExecutive Officer, Director, Promoter
Offering amount
$65.9M
Amount sold
$65.9M
First sale
Jan 2015
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$27.3MraisedSep 2014 · 28 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew EhrlichmanExecutive Officer, Director, Promoter
  • Asha SharmaExecutive Officer
  • Javier OlivanDirector
  • Jeff DossettExecutive Officer
  • Jason AllenExecutive Officer
  • Joseph HanauerDirector
  • Frank AntonDirector
  • Ian MorrisDirector
Offering amount
$27.7M
Amount sold
$27.3M
First sale
Sep 2013
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.8KraisedAug 2014 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph HanauerDirector
  • Frank AntonDirector
  • Ian MorrisDirector
  • Matthew EhrlichmanExecutive Officer, Director, Promoter
  • Jeff DossettExecutive Officer
  • Ronnie CastroExecutive Officer
  • Asha SharmaExecutive Officer
  • Javier OlivanDirector
Offering amount
$3.8K
Amount sold
$3.8K
First sale
Jul 2014
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Porch Group do?
Porch Group operates a platform serving the homeowner and home services industry, with businesses spanning home inspection, real estate, moving, insurance (Homeowners of America), and data and marketing. It provides software and services to home services companies and connects homeowners with related products and services.
Who founded Porch Group?
Porch Group was founded by Matt Ehrlichman, Ronnie Castro, Jake Cooney in 2019.
Who are Porch Group's investors?
Porch Group's investors include FJ Labs, Graph Ventures, Great Oaks Venture Capital, Runway Growth Capital, Valor Equity Partners, Battery Ventures, Capricorn Investment Group, Fenway Summer Ventures and 2 more.
How much funding has Porch Group raised?
Porch Group has disclosed $121.4M raised across 8 rounds.
Where is Porch Group headquartered?
Porch Group is headquartered in Seattle, US.