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Spruce Systems
AddedFeb 15, 2024
UpdatedJul 2, 2026
Spruce Systems

Spruce Systems

Series A

Spruce: Secure digital identity management and data control across the web.

HQ
New York City, NY, US
Founded
2020
Accelerator
Y Combinator logoY CombinatorW21
Overview
Compare
Fundraising
Employees
Website

Spruce Systems, founded with the mission to empower users to control their data across the web, envisions a future where digital interactions are secured and managed through cryptographic keypairs. The company offers a suite of products focused on digital identity management, including high-assurance digital credentials like mobile driver's licenses, digital permits, and software bills of materials (SBOMs). Spruce aims to facilitate user-controlled digital economies by leveraging blockchain technology and cryptographic networks.

Notable figures associated with Spruce Systems include its founders and key investors who have a strong background in blockchain and digital security. The company has achieved significant milestones in the digital identity space, including partnerships with governmental and private organizations for issuing secure digital credentials. Spruce's impact is evident in its contribution to the evolution of secure, user-controlled digital ecosystems, setting a new standard for data privacy and identity verification online.

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Spruce Systems - Quick Facts

Who are Spruce Systems' competitors?

Companies similar to Spruce Systems include Trinsic, Sonr, Affinidi and Parachute8.

When was Spruce Systems founded?

Spruce Systems was founded in 2020.

Where is Spruce Systems' headquarters located?

Spruce Systems' headquarters is located in New York City, NY, US.

When was Spruce Systems' last funding round?

Spruce Systems' most recent funding round was for $34M (USD) in February 2022.

How much has Spruce Systems raised to-date?

As of Feb 28, 2022, Spruce Systems has raised a total of $41.6M (USD).

How many employees does Spruce Systems have?

Spruce Systems has 25 employees as of Mar 18, 2024.

Spruce Systems - Classification

Ownership
  • Venture Capital
Technology
  • Blockchain
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Digital Identity
Tags
  • API
  • Data
  • Web3
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software