logo
logo

Spruce Gains $34M Series A

Apr 20, 2022over 3 years ago

Amount Raised

$34 Million

Round Type

series a

AustinInformation Technology

Description

Spruce, a provider of decentralized identity and data control solutions, has raised $34 million in Series A round funding.

Company Information

Company

Spruce

Location

6001 W PARMER LN

Austin, Texas, United States

About

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.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech