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Spruce Leverages $8M Series A to Accelerate Market Expansion

Spruce Leverages $8M Series A to Accelerate Market Expansion

11/11/20, 2:19 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgaustin
Money raised
$8 million
Industry
information technology
Round Type
series a
 Spruce, the leading provider of lifestyle services to the multifamily industry, announced $8 million in Series A financing.

Company Info

Company
Spruce
Location
6001 w parmer ln
austin, texas, united states
Additional Info
At Spruce, we are on a mission to change how people receive services in their homes. From full housekeeping to a quick tidy up or a bathroom deep clean, Spruce is available to residents on-demand. With over 30 different services, including 15 priced between $10 and $30, residents get access to a la carte services that have never before been available to consumers. For the property manager, Spruce reduces the growing burden of managing 20+ different providers arriving each day, and provides security and oversight for the entire property. Spruce also helps local housekeeping and cleaning businesses build economies of scale in their operations with tech-enabled solutions so that they can compete in the modern economy. These local partnerships help Spruce provide a higher quality service than is achievable through independent contractors, and Spruce passes scale benefits through to residents in the form of lower prices.
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