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Porch Group

Proptech/insurtechUSA
📉 Public < $1B
Peak $2 BillionToday
~-50%
from peak
  1. 🦄
    Became a unicorn
    2020
  2. 📈
    Peak valuation
    $2 Billion ’21
  3. 💔
    Became a Unitard
    2022
  4. 💸
    Last valuation
    ~$1B
Current status
Public ~$0.99B (borderline)

How it happened

Porch Group is a proptech and insurtech company connecting homebuyers with services, which went public via SPAC in late 2020 and peaked around $2B in 2021. Its valuation fell sharply post-SPAC amid losses and insurance-segment pressures, hovering near the unicorn threshold at roughly $0.99B in early 2026 (~-50% from peak).

Source: stockanalysis.com Jan 2026