Porch Group has found that unique data provided by its home services software and partnerships has enhanced its underwriting of homeowners insurance and boosted its results. During the first quarter, the company reduced its GAAP net loss to $13.4 million, down from $38.7 million in first quarter of...
Porch Group has launched a fraud warning product for title and escrow companies. The new RynohVerifi product is designed to help protect against payment fraud by confirming the payee account ownership and alerting clients to any anomalies with the account details, the company said in a Tuesday...
Seattle-based vertical software company Porch Group announced Tuesday (Nov. 7) its financial results for the third quarter of 2023. The company reported total revenue of $129.6 million, representing a 67% increase compared to the same period last year. Adjusted EBITDA for the quarter was $8.8...
May 08, 2024
Porch Group has found that unique data provided by its home services software and partnerships has enhanced its underwriting of homeowners insurance and boosted its results. During the first quarter, the company reduced its GAAP net loss to $13.4 million, down from $38.7 million in first quarter of 2023, and improved its adjusted EBITDA loss to $16.8 million, […]
January 10, 2024
Porch Group has launched a fraud warning product for title and escrow companies. The new RynohVerifi product is designed to help protect against payment fraud by confirming the payee account ownership and...
November 07, 2023
Seattle-based vertical software company Porch Group announced Tuesday (Nov. 7) its financial results for the third quarter of 2023. The company reported total revenue of $129.6 million, representing a 67%...