Porch, a Seattle, WA-based home improvement and repair marketplace, raised a $6.25m seed funding.
According to the company’s blog, backers included SV Angel/Ron Conway, Chamath Palihapitiya, Javier Olivan, Jeff Skoll, Bill Lee, Geoff Entress, Charles Moldow, and 20 others.
The company plans to use the funds to launch its product nationwide free for homeowners.
Led by CEO Matt Ehrlichman, Porch operates a marketplace that spans 250 home improvement, maintenance, and repair categories by allowing homeowners to view neighbors’ home projects, see their actual costs, and select the right (among 1.4m) professional by reviewing friend endorsements.
The company currently employs 20 people.
FinSMEs
09/06/2013