Porch SPAC Presentation Deck
Porch has scaled into the vertical software platform for the home
2013
Launched as a Home
Services Marketplace in 2013
2020
Transitioned to a Vertical Software Platform for Home Service
Companies with Reoccurring B2B2C Transaction Revenue
+ Leading ERP/CRM software for home inspectors and moving companies
creates high retention rates.
+ Companies (software customers) provide consistent and reoccurring
access to homebuyers in exchange for their software.
+ Unique early access to homebuyers provides the opportunity to monetize
effectively by assisting consumers with the most valuable home services.
Key insights:
1. Consumers don't hire many home professionals each year.
2. The high LTV home services are purchased during the move.
3. Traditional legacy direct-to-consumer channels will only get more expensive.
4. Companies can provide sustainable and proprietary demand.
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