$99 Million Revenue, With Growth of 39% Year-Over-Year
Porch Group, Inc., a leading vertical software company reinventing the home services and insurance industries, today reported second-quarter results for the Company as of June 30, 2023, with total revenue of $98.8 million, which increased 39% compared to $70.9 million in the second quarter of 2022.
Full Release: https://www.globenewswire.com/en/news-release/2023/08/08/2721103/29193/en/Porch-Group-Reports-Second-Quarter-2023-Results.html
The alignment with Porch.com, a home service Vertical SaaS company, allows Cinch to widen its scope within the $425 billion home service marketplace, while cementing its innovator status.
Boca Raton, FL (June 2, 2020) – Cinch Home Services (Cinch), the nation’s leading provider of home service solutions, today announced a new strategic partnership with Porch.com, a Vertical SaaS company dedicated to helping home service companies improve their operations, grow their business, and elevate their customer experiences by simplifying moving and home maintenance for customers. The alignment is the latest milestone in Cinch’s ongoing efforts to expand its suite of consumer solutions beyond home service plans and warranties. The deal will also allow the company to continue amplifying its innovation capabilities and expand its distribution channels through increasingly diverse Direct-to-Consumer (DTC) offerings and a more complete value proposition for affinity (B2B2C) partners.