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Porch Group to Ring Nasdaq Opening Bell

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On March 28, 2022, Porch Group (NASDAQ: PRCH) participated in the Nasdaq Opening Bell Ceremony in New York, marking a significant milestone since its public listing on December 24, 2020. Founder and CEO Matt Ehrlichman highlighted the company's progress as a leading vertical software platform in the home services industry. Porch offers software solutions to over 24,000 home services companies, enhancing consumer access to essential services like insurance and home improvement. This event celebrated both past achievements and future ambitions in reinventing homeownership.

Positive
  • Participation in Nasdaq Opening Bell Ceremony emphasizes company growth and public recognition.
  • Established partnerships with over 24,000 home services companies demonstrate significant market presence.
  • Focus on scalable growth and innovation in home services enhances long-term business prospects.
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  • None.

SEATTLE, March 28, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services industry, today announced that Matt Ehrlichman, Porch Founder, Chairman, and CEO, alongside the broader leadership team, will participate in the Opening Bell Ceremony at the Nasdaq MarketSite in New York on Monday, March 28, 2022, at 9:30 a.m. ET. Porch began trading on Nasdaq on December 24, 2020, under the symbol “PRCH,” but was unable to mark the occassion with a live event due to the COVID-19 pandemic.

“We are honored and proud to ring Nasdaq’s Opening Bell in celebration of our accomplishments as a public company,” said Ehrlichman. “Since Porch Group’s listing in 2020, we have made impressive strides in our strategic growth as the vertical software platform for the home, and today’s milestone is both a reflection of that success and motivation for the future.”

Ehrlichman further commented: “Porch Group exists to make the home simple. By partnering with home services companies in select strategic verticals nationwide, we provide small and medium sized companies high-value software solutions and can offer consumers access to quality insurance products to protect their home. As we continue to reinvent homeownership, we remain steadfast in our values – building for scalable growth, fostering innovation, and leveraging technology to help everyone love their home.” 

About Porch Group
Seattle-based Porch Group, the vertical software platform for the home, provides software and services to more than 24,000 home services companies such as home inspectors, mortgage companies and loan officers, title companies, moving companies, real estate agencies, utility companies, and warranty companies. Through these relationships and its multiple brands, Porch provides a moving concierge service to homebuyers, helping them save time and make better decisions on critical services, including insurance, warranty, moving, security, TV/internet, home repair and improvement, and more. To learn more about Porch, visit porchgroup.com or porch.com.

Press Contact:
Catherine Adcock
Gateway Group
(949) 574-3860
PR@porch.com

Investor Relations Contact:

Walter Ruddy, Head of Investor Relations & Treasury
Porch Group
(206) 715-2369
Walter@porch.com

Matt Glover/Alex Thompson
Gateway Group, Inc.
(949) 574-3860
PRCH@gatewayir.com


FAQ

What did Porch Group announce on March 28, 2022?

Porch Group announced its participation in the Nasdaq Opening Bell Ceremony, celebrating its progress since becoming a public company.

What is the significance of Porch Group ringing the Nasdaq Opening Bell?

Ringing the Nasdaq Opening Bell symbolizes Porch Group's accomplishments as a public company and its strategic growth in the home services sector.

How many home services companies does Porch Group partner with?

Porch Group partners with over 24,000 home services companies, providing valuable software solutions.

When did Porch Group start trading on Nasdaq?

Porch Group began trading on Nasdaq on December 24, 2020, under the symbol 'PRCH.'

Porch Group, Inc.

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United States of America
SEATTLE