PorchPals, a Los Angeles-based provider of porch package piracy insurance, plans to raise $10 million to $30 million to launch its service nationally, co-founder James Moore tells Axios exclusively.
It is in exchange for a significant minority stake, but he declined to comment further.
Why it matters: The startup, which launched in California in late November, says it's the first to offer subscription package theft insurance in the U.S.
