Wednesday, September 17, 2014

Porch Funding Reaches $33M

Seattle-based Porch, the online site which lets users take a peek at their neighbor's home improvement projects, said today that it has now raised $33M in funding--including a big, $27.6M funding Series A funding earlier this year. The startup--led by Matt Ehrlichman--said that that round was led by Lowe's, the home improvement chain. Porch has a strategic partnership with Lowe's, which it inked in January. Porch had announced that strategic partnership in January, but had declined to share financial details of the deal until now.