Porch Group, founded in 2012, provides homeowners insurance and vertical software for home inspections, title, mortgage and home services in the United States.
Porch Group is a United States company founded in 2012 that operates in homeowners insurance and vertical software. Its stated aim is to make the homeownership journey easier by addressing three stages: moving, maintaining and protecting homes. The company describes its insurance business as a core offering, viewing homeowners insurance as an essential service that fosters long-term customer relationships.
Alongside insurance, Porch Group runs software platforms serving several parts of the real estate transaction. Its home inspection software is used in more than 40% of U.S. home inspections; the company also provides tools for title companies and mortgage providers. Consumer-facing services extend to home warranties, moving support and home setup assistance.
The technical work spans data analytics, risk assessment and underwriting technology, including data-driven underwriting, as well as vertical and consumer software platforms. The company's strategy rests on integrating insights drawn from its software systems and acquisitions.
Porch Group's founding goal was to build a company designed to endure, solve problems and leave a lasting impact; its founder has prior experience building ventures. The company states that it aims to differentiate itself through its use of data, efficient consumer reach and user experience, with a focus on long-term customer relationships.
