Spruce Raises $60M In Series C Funding
Navi Persaud
Spruce s latest round of funding was led by Zigg Capital.
Spruce, a prop-tech company powering online real estate transactions, announced a $60 million Series C funding round led by Zigg Capital. Existing investors, including Bessemer Venture Partners and Scale Venture Partners, also participated. This latest investment, which will be used to build upon Spruce s leading title and residential closing technology offerings to help its clients grow, brings Spruce s total funding to $110 million, according to a press release.
Spruce has grown more than 450% annually, powering tens of thousands of transactions for leading digital mortgage lenders, SFR investment platforms, iBuyers, and each of the top five equity co-investment companies, since its inception in 2016.
/PRNewswire/ Spruce, the proptech company powering online real estate transactions, today announced a $60 million Series C funding round led by Zigg Capital..
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