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Spruce logo — We’re building the one-click checkout for real estate transa...

Spruce

We’re building the one-click checkout for real estate transactions.

Founded 2016 United States New York, United States 77 employees Series C Total: $110.10M API, Financial Services +4

General Information

Company Name Spruce
Founded Year 2016
Location United States New York, United States
Employees 77
Industries API, Financial Services, Insurance +3
Funding Stage Series C
Social

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About Spruce

Spruce is a real estate startup based in New York, United States. Founded in 2016, the company aims to revolutionize real estate transactions with their one-click checkout solution. By harnessing proprietary technology and best-in-class operations, Spruce offers a platform that digitizes real estate transactions, making them faster, simpler, and more affordable. The company's focus on title insurance, escrow, and related services has positioned them as a key player in the proptech industry. In its latest funding round in June 2021, Spruce secured an impressive $60.00M Series C investment, with participation from notable investors such as Bessemer Venture Partners, Scale Venture Partners, 1Sharpe Ventures, and Zigg Capital. With its innovative approach and strong investor backing, Spruce is well-positioned to lead the digital transformation of real estate transactions. Visit www.spruce.co to learn more about their offerings and market impact.

Business keywords: real estate transactions, one-click checkout, proprietary technology, operations, mortgage lending, real estate investment, proptech, title insurance, escrow services, APIs, dashboards, digitalization of real estate transactions, New York, hub network, homeowner services

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Series C $60.00M 4
Bessemer Venture Partners, Scale Venture Partners +2
02 Jun 2021
Series B $29.00M 5
Bessemer Venture Partners, Third Prime +3
21 May 2020
Series A $15.60M 1
Bessemer Venture Partners
19 Jul 2018
Series A $4.50M -
25 May 2017
Seed Round $1.00M -
30 Aug 2016

Spruce Alternatives & Competitors

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Spruce vs

Full Service Title and Escrow Provider | Making Transactions Personal for the Colorado Real Estate C...

242 employees
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Spruce vs

Legacy is a full-service title, settlement, and escrow company for residential and commercial real e...

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Spruce vs

Setting a higher standard in Virginia and Maryland, one closing at the time.

7 employees
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FAQ About Spruce

We’re building the one-click checkout for real estate transactions.
Spruce was founded in 2016.
Spruce is headquartered in New York, United States.
Spruce operates in API, Financial Services, Insurance, Insurtech, Lending and Investments and Real Estate. Its work centres on real estate transactions, one-click checkout, proprietary technology and operations.
Spruce has approximately 77 employees.
Spruce has completed 5 funding rounds, raising a total of $110.10M. The latest funding stage is Series C.
Top alternatives and competitors to Spruce include Heritage Title Company, Legacy Settlement Services, LLC, Versatile Title and Escrow, LLC, CB Title Group, LLC., Southern Title. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Spruce and Heritage Title Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Spruce, https://bouncewatch.com/company/spruce-1, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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