United States · Series B startup

Who invested in Spruce

4 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer AppsFintechInsurtech

Y Combinator: W21

Funding summaryUpdated 26 Oct 2026

$80Mraised across 4 rounds since 2017, from 4 sources

$4.5MSeries A$16MSeries A$34MSeries A$26MSeries B
Latest round
Series B, $26MJul 2022
Biggest round
$34MSeries A · Apr 2022
Investors
13
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20182019202020212022
$4.5MSeries A$16MSeries A$34MSeries A$26MSeries B
First round
Series A, $4.5M
May 2017
Biggest round
$34M
Series A · Apr 2022
Usual gap between rounds
14 months
the median of 3

The rounds

  1. Jul 2022
    Series B$26M3 new

    Source recorded

  2. Apr 2022
  3. Aug 2018
    Series A$16M2 new1 returning

    Reported by FinSMEsSEC filing: $16M sold, first sale Jul 2018

  4. May 2017
    Series A$4.5M3 new

    Reported by TechCrunch

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Omidyar NetworkFamily office2rounds
Y CombinatorAccelerator1round
TechstarsVC firm1round
Andreessen HorowitzVC firm1round
SV AngelVC firm1round
Coinbase VenturesCorporate VC1round
Collaborative FundVC firm1round
SoftBankInvestment firm1round
Capital FactoryVC firm1round
Mercury FundVC firm1round
BessemerVC firm1round
Third PrimeVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list Spruce as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

A16z CryptoVC firmPer its own site
Electric CapitalVC firmPer its own site
A.Capital VenturesVC firmPer its own site
Brighter CapitalFamily officePer its own site

Quick answers about Spruce

Who invested in Spruce?

Spruce's investors include Omidyar Network, Y Combinator, Techstars, Andreessen Horowitz and SV Angel, and 8 more on record.

How much has Spruce raised?

Spruce has raised $80M across 4 rounds since 2017.

When did Spruce last raise?

Spruce's most recent round was a Series B of $26M in Jul 2022.

What was Spruce's biggest round?

Spruce's largest round on record is $34M (Series A), in Apr 2022.

Who backed Spruce first?

Spruce's first round on record, in May 2017, was backed by Omidyar Network, Bessemer and Third Prime.

What stage is Spruce at?

Spruce's latest named round is a Series B, in Jul 2022.

Where is Spruce based?

Spruce is based in the United States.

Companies like Spruce

In the same sector, and raised in the last eighteen months.

Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.