Insights

Digital Real Estate Spruce focuses on digitizing real estate transactions with APIs and dashboards for title insurance, escrow, and related services, presenting an opportunity to upsell additional fintech and insurtech integrations for lenders, investors, and proptech partners.

Partner Ecosystem With a platform that serves mortgage lenders, real estate investors, and proptech firms, there is potential to expand co-marketing and referral agreements, as well as jointly packaged APIs for streamlined onboarding and tighter partner lock-in.

SaaS scale Operating across the US with multiple hubs and a mid-size employee base, Spruce may benefit from enterprise-grade per-transaction pricing, volume discounts, and tiered API access to attract larger lenders and institutional clients.

Tech Stack Fit Utilizing tools like Salesforce, PostgreSQL, Azure and Boomi signals readiness for integration-heavy sales motions; target buyers should include tech-forward lenders seeking seamless API-driven workflows and data synchronization.

Growth Signals Recent activity and funding indicate ongoing scalability; sales opportunities exist in offering expanded title, escrow, and digital closing services to existing customers while cross-selling adjacent fintech services to accelerate transaction digitization.

Similar companies to Spruce

Spruce Tech Stack

Spruce uses 8 technology products and services including The Trade Desk, HashiCorp Terraform, Jenkins, and more. Explore Spruce's tech stack below.

Media & News

Spruce's Email Address Formats

Spruce uses at least 4 email formats:
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

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 LinkedIn and Crunchbase.

How much revenue does Spruce generate?

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As of August 2026, Spruce's annual revenue is estimated to be $50M - $100M.

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 August 2026, Spruce has approximately 66 employees across 3 continents, including North America, Asia and Europe. Key team members include Vice President Of Product, Data Science, And Insurance Solutions: B. D., Vp Of Engineering: D. R. and Vice President Of Engineering: E. K. 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 The Trade Desk, HashiCorp Terraform, Jenkins, Salesforce, PostgreSQL, Auth0, Boomi and Microsoft Azure.

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 August 2026, Spruce has raised $110M 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 logo

Spruce

Real EstateNew York, United States51-200 Employees

Spruce is a New York-based real estate technology company focused on digitizing real estate transactions. Its platform aims to streamline the closing process by addressing title insurance, escrow, and related services, with an emphasis on speed, simplicity, and affordability. The product targets mortgage lenders, real estate investors, and proptech firms that partner to serve homeowners, offering interfaces and tools that support transaction workflows.

In the real estate services landscape, Spruce positions itself as a digitization partner that enables its clients to service homeowners more efficiently. The company is headquartered in New York, with additional hubs scattered across the United States, and it operates with a mid-sized team.

Section iconCompany Overview

Website
spruce.co
Stock Symbol
SPRU
NAICS Code
531 - Real Estate
Founded
2016
Employees
51-200

Section iconFunding & Financials

  • $110M

    Spruce has raised a total of $110M of funding over 5 rounds. Their latest funding round was raised on Jun 02, 2021 in the amount of $60M as a Series C.

  • $50M - $100M

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

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