Porch Acquires Moving Concierge Company Kandela
Kandela provides a seamless experience to people moving by arranging the set-up and installation of essential home services
SEATTLE, April 3, 2019 /PRNewswire/ -- Leading home improvement marketplace Porch announced today its acquisition of Kandela, a moving concierge service company. Kandela makes the moving experience more efficient by arranging set up and installation of essential home services like television, internet, home warranty, and home security. Through exclusive utility partnerships that represent more than 12 million households, Kandela has helped hundreds of thousands of people get their new home ready.
"Kandela's mission closely aligns with Porch's – to make tasks related to the home easier, faster, and simpler. Kandela's suite of services are a natural extension of the work Porch is already undertaking," said Matt Ehrlichman, Porch's chief executive officer. "Porch does a great job of tackling home improvement jobs once people are settled into their new home. With the addition of Kandela, we can help make that initial transition period as seamless as possible while helping make people's houses feel like home."
Kandela was founded in 2012 by David Fiedler and Eli Gordon. Through a deep focus on providing a great customer experience and a comprehensive array of home service offerings, Kandela has earned industry leading customer satisfaction scores.
"We have been searching for the best partner that can help us continue building out our vision and take us to the next level. We thoroughly vetted the market of home service companies and we felt Porch was head and shoulders above the rest," said David Fiedler, co-founder and CEO of Kandela. "Our suite of services combined with Porch's have the potential to make moving a turnkey experience for consumers. We are very excited to start this integration."
Kandela's more than 100 employees will remain in the company's office in Los Angeles.
"Our partnership with Porch is a big win for our utility partners and their customers," said Eli Gordon, co-founder and president of Kandela. "We are excited to leverage Porch's deep digital capabilities and robust energy efficiency platform, which enables us to dramatically expand the scope of our offering to utilities and their customers."
About Porch.com
Launched September 2013, as an online home improvement network connecting homeowners with qualified professionals, Porch has grown into the industry-leading partner for the home. With more than 250,000 active professionals across the U.S., Porch partners with large retailers like eBay, Overstock, and Pottery Barn to provide home services fulfillment for their customers, as well as direct-to-consumer access to more than 160 different home services offerings through Porch.com. Focused on assisting customers at every stage of the "home journey" – including moving in, installations, assembly, repairs and ongoing maintenance – last year alone, the company facilitated more than 2 million home-related projects, generating almost $1 billion in revenue for small business owners and sole proprietors in specialty areas such as plumbing, roofing, electrical work, carpentry, and more.
SOURCE Porch
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