Spruce
2024 Revenue
$2.2M(Est.)
Funding
$14.6M
Team
92
Founded
2015
Spruce Revenue & Funding (2024)
Spruce generated an estimated $2.2M in annual revenue in 2024. Source: GetLatka estimate
Provider of a mobile concierge platform built for apartment residents. The company's application permits residents at apartments to book services such as housekeeping, pet walking and dry cleaning, enabling residents to get verified staffs and volunteers who are willing to do all household tasks at reasonable rate.
Last updated
Spruce Revenue
In 2024, Spruce's revenue reached $2.2M. The company previously reported $1.7M in 2023. Since its launch in 2015, Spruce has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Spruce Hit $2.2m revenue in October 2024 | Estimated |
| 2023 | Spruce Hit $1.7m revenue in October 2023 | Estimated |
| 2021 | Spruce Hit $1.5m revenue in April 2021 | Not recorded |
| 2015 | Launched with $0 revenue |
Spruce Valuation, Funding Rounds
Spruce has not publicly disclosed its valuation. The company has raised $14.6M in total funding to date.
Spruce has raised $14.6M in total funding across 5 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $8M | - | - | Not recorded |
| 2019 | Funding round | $3M | - | - | Not recorded |
| 2018 | Funding round | $2M | - | - | Not recorded |
| 2017 | Funding round | $700K | - | - | Not recorded |
| 2016 | Funding round | $900K | - | - | Not recorded |
Founder / CEO
Spruce Employees & Team Size
Spruce employs approximately 92 people as of 2026, including 2 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 92 employees (October 2024) | Not recorded |
| 2023 | Reached 92 employees (October 2023) | Not recorded |
| 2022 | Reached 119 employees (October 2022) | Not recorded |
| 2021 | Reached 96 employees (December 2021) | Not recorded |
| 2021 | Reached 45 employees (April 2021) | Not recorded |
Frequently Asked Questions about Spruce
What is Spruce's revenue?
As of 2024, Spruce generated an estimated $2.2M in annual revenue.
Who founded Spruce?
Spruce was founded by Ben Johnson.
When was Spruce founded?
Spruce was founded in 2015.
Who is the CEO of Spruce?
The CEO of Spruce is Ben Johnson.
How much funding does Spruce have?
Spruce raised $14.6M across 5 rounds.
How many employees does Spruce have?
As of 2024, Spruce had 92 employees.
Where is Spruce headquartered?
Spruce is headquartered in Austin, Texas, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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