Porch.com Acquires Fountain

porchPorch.com, a Seattle, WA-based home services platform for homeowners and home professionals, acquired Fountain, a San Francisco-based app that connects homeowners to experts on home and garden projects.

The amount of the deal was not disclosed. With this acquisition, In conjunction with the acquisition, Porch is also opening a new office in San Francisco located at 799 Market Street, which will be led by Fountain co-founder and Chief Technology Officer, Jean Sini. CEO and co-founder Aaron Patzer is re-locating overseas for personal reasons. He will remain an active product advisor for Porch.

Launched in October 2014, Fountain uses artificial intelligence to connect people to experts on home and garden projects who can help through video chat, text and photos with annotation. Backers included Shasta Ventures and First Round Capital.

Led by Matt Ehrlichman, Chief Executive Officer and Chairman, and Asha Sharma, Chief Operating Officer, Porch is a home services platform that enables homeowners to make home improvement decisions by giving them the information they need to find the right professionals, get inspiration, and manage their home. Porch is available online, through its app and serves as the in-store resource for all Lowes in over 1,700 Lowe’s home improvement stores across the U.S. The platform has over 3.8 million professionals, hundreds of experts, and features over 135 million projects.

Porch’s investment in Fountain will replace beta efforts of its in-person Home Assistant program that has been running in stealth in the Seattle and Chicago areas. Through technology instead of people, the company aims to more quickly scale nationally.

In addition to the deal, the company has also hired Eric Doerr as Chief Product Officer and Jim Dantzler as Vice President of Design.




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