Insights

Digital Transaction Platform Spruce’s innovative one-click checkout system for real estate transactions presents a significant opportunity to collaborate with mortgage lenders, real estate agencies, and proptech firms seeking to enhance their digital offerings and streamline processes.

Expanding Energy Solutions Spruce Power’s recent expansion into the home battery storage market, supported by strategic partnerships like Treehouse, indicates potential cross-selling or joint venture opportunities with companies focused on renewable energy, electrification, and energy management services.

Operational Efficiency Focus With recent efforts to streamline operations and reduce costs, Spruce is positioning itself as a more financially resilient partner, creating opportunities for service providers and vendors aligned with optimizing operational performance in proptech and renewable energy sectors.

Strong Growth Metrics Spruce’s reported revenue increase of 48 percent year-over-year and solid cash reserves highlight its growth trajectory, making it an attractive prospect for investors and partners interested in scaling innovative real estate and renewable energy solutions.

Market Expansion Potential The company’s recent expansion to Puerto Rico and its broader national presence suggest avenues for sales teams to target regional property and energy markets seeking digital transaction solutions and sustainable energy infrastructure.

Spruce Tech Stack

Spruce uses 8 technology products and services including Google Cloud Security, Genesys, Informatica, and more. Explore Spruce's tech stack below.

  • Google Cloud Security
    Application Security Testing
  • Genesys
    Customer Experience Management
  • Informatica
    Enterprise
  • Dell
    IT Infrastructure
  • Framer Motion
    Javascript Libraries
  • Webflow
    Page Builders
  • Microsoft Azure
    Platform As A Service
  • Cloudflare Bot Management
    Security

Media & News

Spruce's Email Address Formats

Spruce uses at least 1 format(s):
Spruce Email FormatsExamplePercentage
First.Last@spruce.coJohn.Doe@spruce.co
73%
First@spruce.coJohn@spruce.co
24%
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 AmericaAsiaEurope.

What is Spruce's stock symbol?

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

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 LinkedInCrunchbase.

What is Spruce's NAICS code?

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Spruce's NAICS code is 531 - Real Estate.

How many employees does Spruce have currently?

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As of October 2025, Spruce has approximately 201 employees across 4 continents, including North AmericaAsiaEurope. Key team members include Vice President Of Product, Data Science, And Insurance Solutions: B. D.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 Google Cloud SecurityGenesysInformaticaDellFramer MotionWebflowMicrosoft AzureCloudflare Bot Management.

What is Spruce's email format?

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Spruce's email format typically follows the pattern of First.Last@spruce.co. Find more Spruce email formats with LeadIQ.

How much funding has Spruce raised to date?

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As of October 2025, Spruce has raised $159M 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 EstateUnited 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
SPRU
NAICS Code
531 - Real Estate
Founded
2016
Employees
201-500

Section iconFunding & Financials

  • $159M

    Spruce has raised a total of $159M of funding over 5 rounds. Their latest funding round was raised on Jun 02, 2021 in the amount of $60Mas a Series C.

  • $50M$100M

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

Section iconFunding & Financials

  • $159M

    Spruce has raised a total of $159M of funding over 5 rounds. Their latest funding round was raised on Jun 02, 2021 in the amount of $60Mas a Series C.

  • $50M$100M

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

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