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2024 Revenue

$2.2M(Est.)

Funding

$14.6M

Team

92

Founded

2015

Spruce Revenue & Funding (2024)

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.

Spruce Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$500K$1M$1.5M$2M$2.5M201520172019202120232024$0$1.5M$1.7M$2.2MSource: GetLatka.com
YearMilestoneSource
2024Spruce Hit $2.2m revenue in October 2024Estimated
2023Spruce Hit $1.7m revenue in October 2023Estimated
2021Spruce Hit $1.5m revenue in April 2021
2015Launched 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.

Spruce Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$4M$0.4$8M$0.6$12M$0.8$16M$1$20M201520162017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$8M--
2019Funding round$3M--
2018Funding round$2M--
2017Funding round$700K--
2016Funding round$900K--

Founder / CEO

Ben Johnson

CEO

Ben Johnson is listed as CEO at Spruce.

Q&A

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Customers

We do not have customer count information for Spruce yet.

Spruce Employees & Team Size

Spruce employs approximately 92 people as of 2026, including 2 sales reps that carry a quota.

Spruce Team GrowthReported headcount over time0255075100125201520172019202120232024009292Source: GetLatka.com
YearMilestoneSource
2024Reached 92 employees (October 2024)
2023Reached 92 employees (October 2023)
2022Reached 119 employees (October 2022)
2021Reached 96 employees (December 2021)
2021Reached 45 employees (April 2021)

Frequently Asked Questions about Spruce

What is Spruce's revenue?

Spruce generates an estimated $2.2M in annual revenue.

Who founded Spruce?

Spruce was founded by Ben Johnson.

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?

Spruce has 92 employees.

Where is Spruce headquarters?

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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Spruce Revenue 2024: $2.2M Est. ARR, $14.6M Raised