Spruce Holdings

InsuranceSeries CNew York, USspruce.co

Latest round

Series C

Last raised

May 2021

Total raised

$110M

Investors

9

About Spruce Holdings

Based in New York, US, and founded in 2016 by Patrick Burns (CEO), and Andrew Weisgal. Spruce Holdings Inc, operates as a property technology company that helps with the transactions between homeowners and lenders or real estate institutions. The company takes care of title search, policy, settlement, and escrow. They support all the parties involved in real estate across the United States. The company is in 48 US including Texas, Nevada, and California. The company offers products like “Spruce title and closing” and “Spruce powered”. Spruce title and closing provide solutions for well-organized and scalable transactions to minimize underwriting speed, securitize the escrow workflow to lower costs and minimize fraud and handle the data with security and transparency. Spruce-powered benefits with high revenues, managed services, low barriers, predictable outcomes, and scalability.

Who invested in Spruce Holdings

9 investors across 6 rounds

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Funding rounds

  1. Series C

    May 18, 2021

    Amount

    $60M

    Investors

    Locked

  2. Series B

    May 21, 2020

    Amount

    $29M

    Investors

    Locked

  3. Seed

    Oct 4, 2018

    Amount

    Undisclosed

    Investors

    Locked

  4. Series A

    Jul 17, 2018

    Amount

    $16M

    Investors

    Locked

  5. Series A

    May 25, 2017

    Amount

    $4.5M

    Investors

    Locked

  6. Seed

    Jul 1, 2016

    Amount

    $1M

    Investors

    Locked

Questions about Spruce Holdings

Who invested in Spruce Holdings?

Spruce Holdings has 9 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Spruce Holdings raised?

Spruce Holdings has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Spruce Holdings last raise money?

Spruce Holdings's most recent round on record is a Series C, in May 2021.

What does Spruce Holdings do?

Based in New York, US, and founded in 2016 by Patrick Burns (CEO), and Andrew Weisgal.

Where is Spruce Holdings headquartered?

Spruce Holdings is headquartered in New York, US.

Which VCs invest in companies like Spruce Holdings?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Spruce Holdings's stage. Their profiles are linked below.

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