Spruce

Spruce is an online platform for enabling online real estate transactions with innovative title and escrow solutions.

Spruce offers real estate businesses the tools they need to scale and stay on top of all aspects of a transaction, and give homeowners peace of mind.

Spruce was founded in 2016 by Patrick Burns and Andrew Weisgall. The company is headquartered in New York, New York.

Spruce's mission is to make real estate amazing for everyone involved.

Spruce's APIs and dashboards for title insurance, escrow, and related services enable forward-thinking mortgage lenders, real estate investors, and PropTech companies looking to scale efficiently and to provide experiences to their customers.

 

Spruce provides Nationwide Title & Settlement Services, Digital Closings included in our standard service, all at Lower Prices than traditional title agencies.

 

Spruce is backed by Bessemer Venture Partners, Scale Venture Partners, Collaborative Fund, Zigg Capital and others. The company raised $29M in a Series B round on May 21, 2020. This brings Spruce's total funding to $50.1M to date.

 

 

  • Year founded: 2016
  • Funding Info: $50.1M over 4 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: New York
  • State: New York
  • Country: United States
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