Tech Company Financing Transactions
Spruce Services Funding Round
Spruce Services, based in Austin, scored $8 million in investment from Mercury Fund and Sweat Equities.
Transaction Overview
Company Name
Announced On
11/13/2020
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Mercury Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its offerings to more residents and properties as well as continue the national roll-out.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1408 E 13th St.
Austin, TX 78702
USA
Austin, TX 78702
USA
Phone
Undisclosed
Website
Email Address
Overview
At Spruce, our mission is to build relationships and technology that empower local businesses to serve our residents. From full housekeeping to a quick tidy up or a dog walk for your furry friend, Spruce is available to residents on-demand. For the property manager, Spruce reduces the growing burden of managing 20+ different providers and provides security and oversight for the entire property.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Johnson
VP - Engineering
Paul Clark
VP - Marketing
Jason Cunningham
VP - Operations
Jessi Roesch
VP - Product Management
Audrey Tiger
VP - Sales
Ash Bell
Browse more venture capital transactions:
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Next: 11/13/2020: Dimension venture capital transaction
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