Porch.com Names Bob Barton as Chief Financial Officer

SEATTLE, June 02, 2015 (GLOBE NEWSWIRE) -- Porch, (http://porch.com), a data driven-home services network for homeowners and home improvement professionals has hired Bob Barton as Chief Financial Officer.

Barton previously served as President and COO of OnlineShoes.com where he led the company through its acquisition. Prior to that he served as CFO of Cranium where he helped negotiate and execute the sale of the game company to Hasbro.

From 1998-2007, Barton was with Drugstore.com where he served in various executive roles, including CFO, VP of Pharmacy, and interim CEO. During his tenure at Drugstore.com Bob helped drive the growth of the publically traded business to over $400 million in annual revenue.

Barton graduated from Washington State University with a Bachelors of Administration degree in Accounting.

As CFO of Porch, Barton will oversee all fiduciary responsibilities.

“Bob is the perfect fit for Porch,” said Chief Executive Officer and Chairman Matt Ehrlichman. “He brings to us a unique blend of leadership proficiency, fiduciary expertise, and high-growth, fast-scale company experience. As Porch continues to grow explosively across every area of our business, I am thrilled to have Bob along for the ride.”

"Porch is in the midst of a really special journey,” said Chief Financial Officer, Bob Barton. “The industry itself is thriving and Porch is leading the way through its unique combination of product innovation, data insights, and a world-class team. The people were a big reason why I joined. The culture is electric; 400 plus people working together to put our customers in a better place so we can help millions of people love their home. Our vision is a big one and it is going to be a blast to see it come to life.”

Over the last 20 months, Porch has experienced exceptional growth. The Porch network has grown from 1.5 million professionals to over 3.2 million with project insights growing from 90 million to over 130 million.

Through its strategic partnership with Lowe's, Porch continues to serve as the in-store resource to help homeowners find the right home improvement professionals for nearly any project outside of Lowe's current installation services. Porch is available in every Lowe's store in the country (over 1,700) and over 250,000 associates have been trained on how to use Porch.

In addition to its work in the home services space Porch has continued to bring its unique data and analytics approach to the real estate industry through the Porch Home Report. The Porch Home Report is a free, innovative resource for understanding the remodeling and project history of a specific home and its neighborhood. Built using data and insights from the Porch home network of over 3.2 million professionals and over 130 million projects, the Porch Home Report provides a level of insight and information that can be used to inform the home research process.

To date, over 6 million Porch Home Reports have been requested to date by prospective homebuyers.

About Porch
Porch is the home network, free for homeowners and home professionals. With over 3.2 million professionals and over 130 million projects, Porch enables homeowners to make smart home improvement decisions by giving them the information they need to find the right professionals, get inspiration, and manage their home. For more information about Porch, visit http://porch.com and to download the Porch App at http://porch.com/app

Jessica Piha jessica@porch.com