.Net Insurance Licensing Security 
GeekWire
APRIL 6, 2021
Based in Irving, Texas, Homeowners of America operates in six states but is licensed to operate in 31 states. Porch says it will use the acquisition to build its national footprint in the home insurance market. Porch cut its net loss in half in 2020, to $51.6 The company, founded in 2012, has yet to turn a profit.
GeekWire
JANUARY 15, 2021
Three weeks after its stock market debut, Seattle-based home services technology company Porch Group announced four acquisitions , including an agreement to buy Irving, Texas-based insurance company Homeowners of America for $100 million in cash and stock, expanding its footprint in the insurance tech market.
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CIO Business Intelligence
DECEMBER 5, 2023
The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” Following are some actions IT leaders can take now to secure those funds for the future. Contractors and vendors should be treated like your car insurance,” says Pratt.
GeekWire
OCTOBER 28, 2021
Big deals have become almost run-of-the-mill for Seattle-based home services tech company Porch Group , which has been acquiring an array of companies in areas such as home inspections, moving, real estate, and insurance. ” The net impact, he said, is “less dilution and more value for our shareholders.”.
GeekWire
FEBRUARY 8, 2021
The company also disclosed its preliminary financial results for 2020, saying that it expects a net loss between $53 and $55 million for the year, about $20 million further into the red than previously projected in its public filings. Just three weeks after that stock market debut, Porch announced four acquisitions for more than $122 million.
GeekWire
FEBRUARY 8, 2021
The company also disclosed its preliminary financial results for 2020, saying that it expects a net loss between $53 and $55 million for the year, about $20 million further into the red than previously projected in its public filings. Just three weeks after that stock market debut, Porch announced four acquisitions for more than $122 million.
GeekWire
DECEMBER 24, 2020
It posted a net loss of $103 million last year on revenue of $77.6 It makes money from software licenses and transaction fees that it receives when connecting homebuyers to movers, insurance agents, home automation and security firms, TV/internet companies and other service providers. Overcoming a cash crunch.
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