Insights

Strategic acquisitions Spruce Power is a major owner-operator of residential solar portfolios and actively grows through acquisitions, presenting a sales opportunity to provide capital, servicing, or partnership options for portfolio owners, lenders, or trustees seeking liquidity, efficiency, or security.

Spruce Pro servicing The dedicated Spruce Pro servicing platform indicates a potential cross-sell to third-party asset owners and lenders who need enhanced operations, risk management, and reliable performance infrastructure for their portfolios.

Expansion into storage Strategic partnership with Treehouse to expand into home battery storage (BESS) signals a growth vector; sales teams can target customers seeking integrated solar and storage solutions or financing for storage-enabled retrofits.

Leadership and governance Recent CFO appointment and ongoing financial discipline suggest opportunities to discuss refined financing, capital structure optimization, and reporting services with prospective institutional partners or asset sellers seeking transparency and scalability.

Market positioning As a mid-sized player with sizable M&A activity and a broad service scope, Spruce Power may be receptive to partnerships that enhance scalability, efficiency, and portfolio performance, including servicing upgrades, analytics, and ecosystem integrations.

Similar companies to Spruce Power

Spruce Power Tech Stack

Spruce Power uses 8 technology products and services including Snowplow, Power BI, Tableau, and more. Explore Spruce Power's tech stack below.

Media & News

Spruce Power's Email Address Formats

Spruce Power uses at least 3 email formats:
Spruce Power Email FormatsExamplePercentage
FLast@sprucepower.comJDoe@sprucepower.com
100%
FLast@sprucefinance.comJDoe@sprucefinance.com
98%
First.Last@sprucefinance.comJohn.Doe@sprucefinance.com
2%

Frequently Asked Questions

What is Spruce Power's phone number?

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You can contact Spruce Power's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Spruce Power's stock symbol?

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Spruce Power is a publicly traded company; the company's stock symbol is SPRU.

What is Spruce Power's official website and social media links?

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Spruce Power's official website is sprucepower.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Spruce Power generate?

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As of October 2026, Spruce Power's annual revenue is estimated to be $100M - $250M.

What is Spruce Power's NAICS code?

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Spruce Power's NAICS code is 5416 - Management, Scientific, and Technical Consulting Services.

How many employees does Spruce Power have currently?

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As of October 2026, Spruce Power has approximately 160 employees across 3 continents, including North America, Asia and Europe. Key team members include Chief Financial Officer: D. K., Vice President, Portfolio Operations & Market Growth: K. M. and Director Customer Experience: J. M. Explore Spruce Power's employee directory with LeadIQ.

What industry does Spruce Power belong to?

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Spruce Power operates in the Services for Renewable Energy industry.

What technology does Spruce Power use?

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Spruce Power's tech stack includes Snowplow, Power BI, Tableau, Microsoft SharePoint, Microsoft SQL Server, NetSuite, Salesforce Service Cloud and HubSpot.

What is Spruce Power's email format?

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Spruce Power's email format typically follows the pattern of FLast@sprucepower.com. Find more Spruce Power email formats with LeadIQ.

How much funding has Spruce Power raised to date?

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As of October 2026, Spruce Power has raised $66M in funding. The last funding round occurred on Jan 01, 2017 for $130M.

When was Spruce Power founded?

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Spruce Power was founded in 2012.
Spruce Power logo

Spruce Power

Services for Renewable EnergyTexas, United States51-200 Employees

Spruce Power is a mid-sized company in the renewable energy services sector, focused on owning and operating residential solar assets across the United States. It ranks among the leading owner-operators of these portfolios and grows primarily through acquisitions, while also purchasing residential PPAs and leases nationwide. Based in Houston, Texas, the firm operates Spruce Pro, a servicing platform that provides third-party owners, lenders, and trustees with the infrastructure needed to manage their assets.

Spruce Power serves portfolio owners at various stages, including those looking to sell assets, outsource servicing, or bolster operational security, with a flexible approach to deal structures. In 2025 it announced a strategic partnership with Treehouse to extend its offerings into the home battery storage market, signaling an expansion beyond traditional solar asset management.

Section iconCompany Overview

Phone number
Stock Symbol
SPRU
NAICS Code
5416 - Management, Scientific, and Technical Consulting Services
Founded
2012
Employees
51-200

Section iconFunding & Financials

  • $66M

    Spruce Power has raised a total of $66M of funding over 7 rounds. Their latest funding round was raised on Jan 01, 2017 in the amount of $130M as a Convertible Note.

  • $100M - $250M

    Spruce Power's revenue is estimated to be in the range of $100M - $250M

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