Spruce Technology Inc.
2024 Revenue
$20.2M
Funding
$0
YOY
26.5%
Team
232
Founded
2006
How Spruce Technology Inc. CEO Albert Balcells grew Spruce Technology Inc. to $20.2M revenue with a 232 person team in 2024.
Spruce Tech is a B2B SaaS company that provides software solutions for property management and maintenance. Their platform helps streamline communication, improve efficiency, and enhance customer experience for property owners and managers. With features like work order management, vendor management, and tenant portals, Spruce Tech aims to simplify property management processes.
Last updated
Spruce Technology Inc. Revenue
In 2024, Spruce Technology Inc.'s revenue reached $20.2M. The company previously reported $16M in 2023. Since its launch in 2006, Spruce Technology Inc. has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Spruce Technology Inc. Hit $20.2m revenue in October 2024 | |
| 2023 | Spruce Technology Inc. Hit $16m revenue in December 2023 | |
| 2021 | Spruce Technology Inc. Hit $12m revenue in April 2021 | |
| 2006 | Launched with $0 revenue |
Spruce Technology Inc. Valuation, Funding Rounds
Spruce Technology Inc. is a bootstrapped Other Collaboration Software startup. Founded in 2006, Spruce Technology Inc. has grown to $20.2M in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, Spruce Technology Inc. has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Spruce Technology Inc. Employees & Team Size
Spruce Technology Inc. employs approximately 232 people as of 2026, up from 231 in 2023, including 9 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 232 employees (December 2024) |
| 2024 | Reached 231 employees (October 2024) |
| 2023 | Reached 231 employees (December 2023) |
| 2023 | Reached 231 employees (September 2023) |
| 2023 | Reached 222 employees (January 2023) |
| 2022 | Reached 245 employees (December 2022) |
| 2022 | Reached 212 employees (January 2022) |
| 2021 | Reached 208 employees (December 2021) |
| 2021 | Reached 179 employees (August 2021) |
| 2021 | Reached 143 employees (April 2021) |
Founder / CEO
Albert Balcells
Albert Balcells is listed as Founder / CEO at Spruce Technology Inc..
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Spruce Technology Inc. yet.
Frequently Asked Questions about Spruce Technology Inc.
What is Spruce Technology Inc.'s revenue?
Spruce Technology Inc. generates $20.2M in revenue.
Who founded Spruce Technology Inc.?
Spruce Technology Inc. was founded by Albert Balcells.
Who is the CEO of Spruce Technology Inc.?
The CEO of Spruce Technology Inc. is Albert Balcells.
How much funding does Spruce Technology Inc. have?
Spruce Technology Inc. raised $0.
How many employees does Spruce Technology Inc. have?
Spruce Technology Inc. has 232 employees.
Where is Spruce Technology Inc. headquarters?
Spruce Technology Inc. is headquartered in Clifton, New Jersey, United States.
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Compare Spruce Technology Inc. to the industry
Spruce Technology Inc. operates across multiple industries. Browse revenue, funding, and growth data for Spruce Technology Inc. in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
Data Disclaimer
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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