Porch Group (PRCH) Announces Four Strategic Acquisitions, Expansion Into InsurTech

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Go back to Porch Group (PRCH) Announces Four Strategic Acquisitions, Expansion Into InsurTech

Porch Group Announces Four Strategic Acquisitions and Expansion Into InsurTech

January 14, 2021 4:05 PM EST

- Executed Definitive Agreement to Acquire Homeowners of America to Better Serve Customers as a Managing General Agent and Carrier -

- Accelerates Mover Marketing Growth Strategy with the Acquisition of V12 -

- Tuck-In Acquisitions of PalmTech and iRoofing Broaden Porchs Vertical Software Platform -

- Acquisitions Expand U.S. Total Addressable Market (TAM) by Nearly $100 Billion to Over $320 Billion -

- 2021 Revenue Outlook Increased to $170 Million, a 134% Year-over-Year Growth Rate -

- Conference Call and... More