Spruce Power logo — Spruce Power is a leading owner & operator of residential #s...

Spruce Power

Spruce Power is a leading owner & operator of residential #solarenergy in the North America.

Founded 2012 United States Houston, United States 158 employees Private Equity Total: $508.40M Energy, Renewable Energy +1

General Information

Company Name Spruce Power
Founded Year 2012
Location United States Houston, United States +3
Employees 158
Industries Energy, Renewable Energy, Energy Efficiency
Funding Stage Private Equity
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About Spruce Power

Spruce Power is a leading owner and operator of distributed generation residential solar assets in North America. With a strong focus on Energy, Renewable Energy, and Energy Efficiency industries, the company has made significant strides in the clean energy sector since its founding in 2015. Boasting more than 60,000 PV systems and over 330 MW of installed capacity, Spruce Power offers a comprehensive, end-to-end servicing solution for its customers. Their commitment to sustainable energy solutions aligns with the escalating demand for renewable energy sources. The company recently secured a noteworthy $50.00M Private Equity Round investment led by HPS Investment Partners on 16 May 2019, highlighting its potential for growth and appeal to venture capital firms seeking sustainable energy investments. For more information, visit sprucepower.com.

Taxonomy: solar energy, residential solar, financing, home improvements, consumer lending, distributed generation, PV systems, home energy management, power, water conservation, home batteries, EV charging, solar software

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round •••••• 1
Investor
16 May 2019
Debt Financing •••••• 2 •••• •••• 01 May 2019
Venture Round •••••• 1
Investor
29 Jun 2017
Debt Financing •••••• 2
Investor
•••• ••••
22 Dec 2016
Series A •••••• 2
Investor Investor
19 Aug 2016

View All 6 Funding Rounds

Spruce Power Alternatives & Competitors

Spruce Power vs
Energizer® Solar
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solarXperts
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FAQ About Spruce Power

Spruce Power is a leading owner & operator of residential #solarenergy in the North America.
Spruce Power was founded in 2012.
Spruce Power is headquartered in Houston, United States.
Spruce Power operates in the following industries: Energy, Renewable Energy, Energy Efficiency.
Spruce Power has approximately 158 employees.
Spruce Power has completed 6 funding rounds, raising a total of $508.40M. The latest funding stage is Private Equity.
Top alternatives and competitors to Spruce Power include Energizer® Solar, X-SOLAR SYSTEMS, solarXperts, Haven Energy, Solarize. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Spruce Power and Energizer® Solar 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.

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