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Porch Group, Inc.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

PropTech Acquisition Corporation (PTAC), sponsored by PropTech Capital, was a blank-check company formed to target opportunities in property technology and adjacent financial services. The SPAC completed its initial public offering in 2019 and subsequently announced a business combination with Porch Group, Inc., a home services software and insurtech platform operating in the financial services sector, with an announcement date of January 13, 2021. The transaction has since closed, bringing Porch Group into the public markets. Porch Group provides vertical software solutions and insurance products aimed at homeowners and home services professionals. Visit SpacDesk and sign up for full access to PTAC's complete filing history, deal timeline, and sponsor data.

Announced
2021-01-13
Closed
2020-12-23
PIPE Raised
Industry
Financial Services

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
CIK0001784535PropTech Acquisition CorporationClosed2021-01-132020-12-23$172.5MHC PropTech Partners