Lowe's-backed home improvement services portal Porch has raised $20.6m of a targeted $37m according to a regulatory filing.
Porch, the US-based interior services marketplace backed by home improvement retail chain Lowe’s, has raised $20.6m in series C funding from unnamed investors, according to a securities filing.
The round includes existing debt converted into series C stock and has a $37m target according to the filing. It increased the total raised by Porch to approximately $120m.
Founded in 2012, Porch runs an online marketplace where homeowners can hire tradespeople such as interior handymen and plumbers. CEO Matt Ehrlichman told…
