Spruce - About the company
Spruce is a series B company based in Austin (United States), founded in 2015 by Ben Johnson. It operates as an Online marketplace to book on-demand local services. Spruce has raised $40M in funding from investors like Mercury Fund, Fitz Gate Ventures and Sweat Equity Partners. The company has 534 active competitors, including 27 funded and 29 that have exited. Its top competitors include companies like Urban Company, Thumbtack and TaskRabbit.
Company Details
Online marketplace to book on-demand local services. It enables users to list service requirements & hire available registered and background-checked professionals. Services listed over the platform include housekeeping, cleaning, pet care, laundry, and dry cleaning. Its mobile app is available for Android and iOS devices.
- Website
- getspruce.com
- Email ID
- *****@getspruce.com
- Phone Number
- +1 **********
- Registered Address
- Austin, Texas
Key Metrics
Founded Year
2015
Location
Austin, United States
Stage
Series B
Total Funding
$40M in 4 rounds
Latest Funding Round
Investors
Ranked
5th among 534 active competitors
Employee Count
104 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Spruce
Spruce is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPRUCE SERVICES, INC. CIN: 474535259 , United States, Active | Dec 26, 999 | - | 23 (As on Dec 31, 2024) | - |
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Spruce's funding and investors
Spruce has raised a total funding of $40M over 4 rounds. Its first funding round was on 2018. Its latest funding round was a Series B round on Jul 19, 2022 for $*****. 7 investors participated in its latest round. Spruce has 12 institutional investors.
Here is the list of recent funding rounds of Spruce:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 19, 2022 | 4197600 | Series B | 2049129 | 5577707 | 1558345 | 8358047 |
Sep 25, 2020 | 5068351 | Series A | 8457582 | 8474321 | 5952916 | |
Jul 30, 2019 | 7984699 | Seed | 9713029 | 4043792 |
View details of Spruce's funding rounds and investors
Spruce's founders and board of directors
Founder? Claim ProfileThe founders of Spruce is Ben Johnson.
Here are the details of Spruce's key team members:
- Ben Johnson: Founder of Spruce. Contact Info: 1 email address
Spruce's Board of Directors
Spruce's board has 7 active members. Benjamin Johnson, Blair Garrou, Steven Pho, Ashton Bell, Andrew White, M. Blair Garrou and Ash Bell are independent board members.Here is the list of Spruce's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 7y 11m | |
outljaf | Independent board member | - | Current | 9y 5m |
pqmstpx | Independent board member | - | Current | 1y 2m |
rnjdern | Independent board member | - | Current | 2y 5m |
fsckutw | Independent board member | - | Current | 5y 3m |
kookiak | Independent board member | - | Current | 8y 3m |
xsnfheg | Independent board member | - | Current | 2y 6m |
View details of Spruce's Founder profiles and Board Members
Spruce's employee count trend
Spruce has 104 employees as of Jul 26. Here is Spruce's employee count trend over the years:
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Spruce's Competitors and alternates
Top competitors of Spruce include Urban Company, Thumbtack and TaskRabbit. Here is the list of Top 10 competitors of Spruce, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Urban Company 2014, Gurugram (India), Public | Provider of home maintenance repair and personal care service professionals | $376M | 87/100 | |
2nd | Thumbtack 2008, San Francisco (United States), Series H | App based platform to connect users with local service professionals | $699M | 84/100 | |
3rd | TaskRabbit 2008, San Francisco (United States), Acquired | Platform connecting individuals with independent contractors for home and moving services | $37.8M | 76/100 | |
4th | Amenify 2016, San Francisco (United States), Series A | Provider of housekeeping services for multi-family apartments | $24M | 70/100 | |
5th | Spruce 2015, Austin (United States), Series B | Online marketplace to book on-demand local services | $40M | 61/100 | |
6th | Lula 2015, Kansas City (United States), Series A | An online platform to book home maintenance services | $34.4M | 59/100 | |
7th | Angi 1995, Indianapolis (United States), Acquired | App-based platform to hire multiple home repair service professionals | - | 59/100 | |
8th | Frontdoor 1971, Memphis (United States), Public | Online marketplace for home appliance repair and maintenance services | - | - | 57/100 |
9th | StreetFair 2022, Charlotte (United States), Series A | Provider of a neighborhood-based home services platform | $8.5M | 54/100 | |
10th | Zaarly 2011, San Francisco (United States), Acquired | Marketplace for Local Home Service Providers | $15.1M | 53/100 |
Looking for more details on Spruce's competitors? Click here to see the top ones
Spruce's Investments and acquisitions
Spruce has acquired The Minte. Spruce has not made any investments as of now.Reports related to Spruce
Here is the latest report on Spruce's sector:
News related to Spruce
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Spruce Raises $26M in Series B FundingFinSMEs•Jul 19, 2022•Spruce, Sweat Equity Partners, SoftBank, Fitz Gate Ventures and 3 others
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Spruce Accelerates 2021 Growth, Emerges as the Largest Apartment Amenity Provider in the United StatesBusiness Wire•Sep 15, 2021•Spruce
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Spruce Acquires Housekeeping Startup The Minte, Expands Lifestyle Services to ChicagoBusiness Wire•Aug 11, 2021•Spruce, The Minte
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Livly and Spruce Partner to Reimagine Home Services for Multifamily Family Properties Across the U.SICrowdNewswire•Jun 11, 2021•Livly, Spruce
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Spruce Raises $8M in Series A FundingFinSMEs•Nov 11, 2020•Spruce, Mercury Fund, Sweat Equity Partners
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Spruce Launches Lifestyle Services to Salt Lake City RentersPR Newswire•Nov 19, 2019•Spruce, Alliance
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