www.spruce.coFinTech / InsuranceFounded: 2016Funding to Date: $110.08MM
Spruce provides nationwide title insurance, closing, escrow, and recording services through proprietary technology, machine learning, and centralized teams, adding transparency and speed to the home buying process.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/02/2021 | Series C | $60MM | $xx.xx | $678.11MM | Bessemer Ventures Partners, Scale Venture Partners, Zigg Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,095,878
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Ventures Partners, Scale Venture Partners, Zigg Capital
|
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05/21/2020 | Series B | $30MM | $xx.xx | $149.79MM | Bessemer Venture Partners, Gramercy Ventures, Scale Venture Partners, Zigg Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,222,304
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Gramercy Ventures, Scale Venture Partners, Zigg Capital
|
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08/01/2018 | Series A-1 | $15.58MM | $xx.xx | $62.4MM | Bessemer Venture Partners, Collaborative Fund, Omidyar Network | |
Price per Share
$xx.xx
Shares Outstanding
1,845,431
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Collaborative Fund, Omidyar Network
|
||||||
04/19/2017 | Series A | $3.5MM | $xx.xx | $10.31MM | Mercury Fund, Sweat Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
1,658,768
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Mercury Fund, Sweat Equity Partners
|
||||||
08/30/2016 | Series Seed | $1MM | $xx.xx | $2.5MM | Undesclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
931,210
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undesclosed Investors
|