Porch gets $65 million to build out network of housing contractors --on.mash.to/1CMTGh7 -- -- Porch, the Seattle-based startup that connects homeowners with contractors, has raised another $65 million to build up its national network. Launched just 16 months ago, Porch has received more than $100 million in total funding with this latest round from Valor Equity Partners, Founders Fund, Battery Ventures, Panorama Point Partners, Lowes Home Improvement and TV personality Ty Pennington, among others. See also: 10 startups to watch in 2015 The premise behind Porch is that contractors on the network leave a history of their recent jobs. So if youre looking for someone to, say, fix your fence, youll be able to see whos fixed your neighbors fences, what they thought of the job and a price range for the job. Porch makes a commission of around 15% to 20% if a homeowner books a job. The company also makes money by offering premium accounts for contractors and by providing data to realtors Read more... More about Funding, Startups, and Business --January 20, 2015 at 02:09PM -- Published In Real-Time By Viral Exposed™ #Viral #Trending on.fb.me/126a9jH
Posted on: Wed, 21 Jan 2015 00:27:11 +0000
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