Sprucerevenue & funding
Austin, TexasFounded 2015CEO Ben Johnson
Spruce revenue
Spruce has not published its revenue. GetLatka estimates it at about $2.2M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $1.5M | – |
| Oct 2023 | $1.7MEST. | GetLatka estimate |
| Oct 2024 | $2.2MEST. | GetLatka estimate |
– source not recorded
Spruce funding rounds & investors
Spruce has raised $14.6M across five rounds since 2016. The latest was a $8M funding round in November 2020.
| Date | Round | Raised |
|---|---|---|
| Nov 2020 | Funding round | $8M |
| Jul 2019 | Funding round | $3M |
| Oct 2018 | Funding round | $2M |
| May 2017 | Funding round | $700K |
| Jul 2016 | Funding round | $900K |
| Total raised | $14.6M |
Spruce CEO, founders & employees
Ben Johnson founded Spruce in 2015 and runs it as CEO. Spruce had 92 employees (October 2024, LinkedIn).
- Ben JohnsonFounder & CEO
All 5 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 92 | |
| Oct 2023 | 92 | |
| Oct 2022 | 119 | |
| Dec 2021 | 96 | |
| Apr 2021 | 45 | – |
Spruce FAQ
What is Spruce's revenue?
GetLatka estimates Spruce's revenue at about $2.2M a year (October 2024). The company hasn't published its own figure.
How much funding has Spruce raised?
Spruce has raised $14.6M across five funding rounds. The latest was a $8M funding round in November 2020.
How many employees does Spruce have?
Spruce had 92 employees in October 2024, according to LinkedIn.
Who is the CEO of Spruce?
Ben Johnson is the CEO of Spruce and founded the company in 2015.
Who founded Spruce?
Ben Johnson founded Spruce in 2015.
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How this page is sourced
4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun Spruce? Join the podcast