Porch completes $100M Homeowners of America acquisition, doubling down on insurance market
GeekWire
APRIL 6, 2021
Porch Group, the Seattle-based home services software company, completed its $100 million acquisition of Homeowners of America Inc. Based in Irving, Texas, Homeowners of America operates in six states but is licensed to operate in 31 states. Porch cut its net loss in half in 2020, to $51.6 (Porch Group Photo). million in 2019.
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