Spruce Finance

company

About

Spruce provides consumer financing for residential solar systems, water conservation upgrades and energy-efficient home improvements.

  • 251 - 500

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$120M
Industries
Energy Efficiency,Renewable Energy,Solar
Founded date
Dec 1, 2015
Number Of Employee
251 - 500
Operating Status
Active

Spruce's mission is to empower consumers to improve their environments. We provide homeowners with simple, affordable financing for residential solar systems, water conservation upgrades and energy efficiency home improvements. Working with a national network of channel and contractor partners in 50 states, we help homeowners reduce their total utility spend on power, water, and heating and cooling

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$225.40M
Spruce Finance has raised a total of $225.40M in funding over 2 rounds. Their latest funding was raised on Dec 22, 2016 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 22, 2016 Debt Financing $105.40M 1 Investec Detail
May 24, 2016 Debt Financing $120M 1 Investec Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Spruce Finance is funded by 1 investors. Investec are the most recent investors.
Investor Name Lead Investor Funding Round
Investec Yes Debt Financing