Mar 23, 2018

2017 Echelon Partners LP Porch Side Pocket Investor Letter

...we met with Porch during the fourth quarter of 2017 to get an update, and were pleasantly surprised to see the company’s progress, having reaccelerated growth in 2017 after a flat year in 2016.   The company had taken on an additional $15 million of capital from strategic partner, Lowe’s, as noted and planned from the company’s 2016 year-end update.  Lowe’s continues to be a strong strategic partner for Porch, as they continue building their position as one of the largest stockholders in the company...

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