Insights

Acquisition by Zillow Recently acquired by Zillow, Spruce now has the backing and resources of a major real estate player. This acquisition opens up opportunities for cross-selling with Zillow's customer base and leveraging Zillow's brand recognition to drive sales for Spruce.

Significant Funding Rounds With multiple funding rounds, including a $60 million Series C, Spruce has substantial financial backing. This funding indicates investor confidence in Spruce's business model and technology, providing a strong foundation for potential expansion and scalability.

Tech-Driven Solutions Spruce's focus on leveraging technology, such as AI-based underwriting and online transaction platforms, showcases its commitment to innovation in real estate transactions. Highlighting these tech-driven solutions can be an effective sales strategy when targeting tech-savvy clients in the real estate industry.

PropTech Industry Leadership As a prominent player in PropTech, Spruce is well-positioned to capitalize on the growing digital transformation within the real estate sector. Leveraging Spruce's industry leadership and expertise in digital transactions can open doors for partnerships and sales collaborations with other PropTech companies seeking innovative solutions.

Revenue and Market Potential With a revenue range of $50M - $100M, Spruce demonstrates strong market presence and revenue generation capabilities. Identifying opportunities to tap into this market potential and offering customized solutions to clients based on Spruce's success metrics can drive sales growth and market expansion.

Spruce Tech Stack

Spruce uses 8 technology products and services including Crazy Egg, Workato, Dell, and more. Explore Spruce's tech stack below.

  • Crazy Egg
    Analytics
  • Workato
    Data Integration
  • Dell
    IT Infrastructure
  • HubSpot
    Marketing Automation
  • Salesloft
    Marketing Automation
  • Priority Hints
    Performance
  • Boomi
    Platform As A Service
  • Google Tag Manager
    Tag Management

Media & News

Spruce's Email Address Formats

Spruce uses at least 1 format(s):
Spruce Email FormatsExamplePercentage
First.Last@spruce.coJohn.Doe@spruce.co
72%
First@spruce.coJohn@spruce.co
25%
FLast@spruce.coJDoe@spruce.co
2%
LF@spruce.coDJ@spruce.co
1%

Frequently Asked Questions

Where is Spruce's headquarters located?

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Spruce's main headquarters is located at New York City New York, NY US. The company has employees across 4 continents, including North AmericaEuropeAsia.

What is Spruce's stock symbol?

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

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

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Spruce's official website is spruce.co and has social profiles on LinkedIn.

How much revenue does Spruce generate?

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As of June 2024, Spruce's annual revenue reached $75M.

How many employees does Spruce have currently?

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As of June 2024, Spruce has approximately 201 employees across 4 continents, including North AmericaEuropeAsia. Key team members include Chief Client Officer: L. R.Vice President Of Engineering: E. K.Head Of Title Solutions: D. H.. Explore Spruce's employee directory with LeadIQ.

What industry does Spruce belong to?

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Spruce operates in the Real Estate industry.

What technology does Spruce use?

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Spruce's tech stack includes Crazy EggWorkatoDellHubSpotSalesloftPriority HintsBoomiGoogle Tag Manager.

What is Spruce's email format?

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Spruce's email format typically follows the pattern of . Find more Spruce email formats with LeadIQ.

How much funding has Spruce raised to date?

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As of June 2024, Spruce has raised $60M in funding. The last funding round occurred on Jun 02, 2021 for $60M.

When was Spruce founded?

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Spruce was founded in 2016.
Spruce

Spruce

Real EstateNew York, United States201-500 Employees

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

By leveraging proprietary technology and best-in-class operations, we provide mortgage lenders, real estate investors, and proptech companies with the platform they need to digitize real estate transactions–making them faster, simpler, and more affordable. With a focus on title insurance, escrow, and related services, our APIs and dashboards enable our partners to better service homeowners.

Spruce is headquartered in New York, with hubs across the U.S. Learn more about how Spruce can bring your business digital: www.spruce.co.

Section iconCompany Overview

Headquarters
New York City New York, NY US
Website
spruce.co
Stock Symbol
SPRB
Founded
2016
Employees
201-500

Section iconFunding & Financials

  • $60M

    Spruce has raised a total of $60M of funding over 5 rounds. Their latest funding round was raised on Jun 02, 2021 in the amount of $60M.

  • $50M$100M

    Spruce's revenue is in the range of $50M$100M

Section iconFunding & Financials

  • $60M

    Spruce has raised a total of $60M of funding over 5 rounds. Their latest funding round was raised on Jun 02, 2021 in the amount of $60M.

  • $50M$100M

    Spruce's revenue is in the range of $50M$100M

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