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The Porch Group, a software platform focused on home services companies, is acquiring Irving, Texas-based managing general agent and insurance carrier,

How SPACs are changing the IPO game: Equity ownership of founders a big consideration March 2, 2021 at 11:42 am SPACs are hot right now, and one of the reasons is they can keep more equity in the hands of founders. (GeekWire Illustration / Canva Image, adrian825) A few weeks ago, a longtime GeekWire reader sent a note expressing shock that Sana Biotechnology co-founder and CEO Steve Harr only owned 4.9% of the company after the completion of the IPO. Given that the Seattle biotechnology company was on the cusp of a blockbuster stock market debut and now is valued at more than $6 billion, I re...

Share via Shortlink From left: Fifth Wall’s Brendan Wallace, Tishman Speyer’s Rob Speyer, Social Capital’s Chamath Palihapitiya, Cantor Fitzgerald’s Howard Lutnick, Pershing Square Capital’s Bill Ackman and Opendoor’s Eric Wu When Fifth Wall Ventures decided to jump into the SPAC market in January, it targeted a raise of $250 million to take a startup public. Within three weeks, it upsized the offering — twice — before the new blank-check firm closed its $345 million IPO on Feb. 9. “There was a lot of public demand,” a euphoric-looking Brendan Wallace, the venture...

V12, Leading Marketing and Data Services Provider Acquired by Porch Group to Transform Mover Marketing Webinar January 28 at 1:00 PM ET to Introduce Porch to the Marketing Community News provided by Share this article Share this article BOSTON, Jan. 21, 2021 /PRNewswire/ -- V12, a leading provider of purchase intent insight and marketing services, including mover data, announced that it has been acquired by Porch Group, Inc. (NASDAQ:PRCH), a leading vertical software company for the home services industry. The acquisition combines the power of V12's 27+ million mover database and billions of ...

Home Service Software Brand Porch Group Announces Acquisitions; Expansion into Insurtech   Porch Group, a U.S.-based vertical software company focused on the home services industry, recently announced it has acquired four companies and has begun to expand into insurtech. Founded in 2012 as an online home improvement network, Porch claims it has grown into the industry-leading partner for the home by connecting homeowners with qualified professionals. “Focused on assisting customers at every stage of the “home journey” – including moving in, installations, assembly, repairs, and ongoi...