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Spruce Finance
AddedFeb 13, 2024
UpdatedJun 18, 2026
Spruce Finance

Spruce Finance

Private Equity

Spruce Finance: A San Francisco-based energy company providing financing for solar and energy-efficient home improvements.

HQ
San Francisco, CA, US
Founded
2015
Overview
Compare
Fundraising
Employees
Website

Spruce Finance, founded in San Francisco, California, is dedicated to making energy-efficient home improvements accessible through innovative financing solutions. The company offers a range of financial products aimed at residential consumers, including options for purchasing solar electricity, water conservation systems, and leasing or owning home solar systems. Spruce Finance's core mission is to promote sustainable living by enabling homeowners across the United States to adopt renewable energy solutions and reduce their environmental footprint.

Notable figures affiliated with Spruce Finance include seasoned professionals from the energy and finance sectors, although specific names are not publicly highlighted. The company has secured investments from prominent venture capital firms, contributing to its growth and stability. Key achievements include expanding its customer base nationwide and facilitating numerous energy-efficient home upgrades. Overall, Spruce Finance has significantly impacted the residential energy market by providing accessible financing options that support the transition to renewable energy and sustainability.

Spruce Finance - Similar Companies

Dividend Finance logo

Dividend Finance

dividendsolar.com

Mosaic logo

Mosaic

joinmosaic.com

FortiFi Financial logo

FortiFi Financial

fortifi.com

Renovate America logo

Renovate America

Ygrene Energy Fund logo

Ygrene Energy Fund

ygrene.com

Solara Energy logo

Solara Energy

solara.energy

Wunder logo

Wunder

wewunder.com

Sunfinity Solar logo

Sunfinity Solar

Redball Energy logo

Redball Energy

Pushing Green logo

Pushing Green

Raise Green logo

Raise Green

raisegreen.com

HomeBreeze logo

HomeBreeze

homebreeze.com

SunFunder logo

SunFunder

sunfunder.com

CleanCapital logo

CleanCapital

cleancapital.com

Spruce Finance - Quick Facts

Who are Spruce Finance's competitors?

Companies similar to Spruce Finance include Dividend Finance, Mosaic, FortiFi Financial and Renovate America.

When was Spruce Finance founded?

Spruce Finance was founded in 2015.

Where is Spruce Finance's headquarters located?

Spruce Finance's headquarters is located in San Francisco, CA, US.

When was Spruce Finance's last funding round?

Spruce Finance's most recent funding round was for $50M (USD) in May 2019.

How much has Spruce Finance raised to-date?

As of May 16, 2019, Spruce Finance has raised a total of $508.4M (USD).

How many employees does Spruce Finance have?

Spruce Finance has 375 employees as of Feb 5, 2024.

Spruce Finance - Classification

Ownership
  • Equity
Technology
  • Cleantech
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Transactional
Customer
  • Consumers
Main Product
  • Home Improvement Loans
  • Solar Financing
Tags
  • Financial
  • Fintech
  • SaaS
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221114Solar Electric Power Generation
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 3 more industry codes
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services