Porch Group, Inc.
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PropTech Acquisition Corporation (Nasdaq: PTAC), sponsored by PropTech Capital LLC, was a special purpose acquisition company that completed its IPO in 2019 targeting the property technology and home services sector. The company filed an 8-K on October 14, 2020 in connection with its de-SPAC transaction with Porch Group, Inc., a Seattle-based home software platform providing services to homeowners, contractors, and insurers. The merger closed in December 2020, with the combined company trading on Nasdaq under the ticker PRCH. The deal marked one of the notable proptech SPAC transactions of that cycle. Visit SpacDesk and sign up for full deal data, filing history, and sponsor analytics on this and every other SPAC.