Who invested in Spruce Finance

3 rounds we have observed, with the 3 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.

EnergyFintech

Funding summaryUpdated 26 Oct 2026

$180Mraised across 3 rounds since 2016, from 3 sources

$105MDebt$25MRound$50MGrowth

Latest round: Growth, $50MMay 2019
Biggest round: $105MDebt · Dec 2016
Step-upi: 2×
Investors: 3

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.

201720182019

$105MDebt$25MRound$50MGrowth

First round: Debt, $105M
Biggest round: $105M
Usual gap between rounds: 22 months

The rounds

May 2019
Growth$50M1 returning
- SVB Capital
Source recorded
Jun 2017
Round$25M1 new
- HPS
Reported by FinSMEs
Dec 2016
Debt$105M2 new
- SVB Capital
- Investec
Reported by FinSMEs

Founders and team

From the SEC filings it signed: 5 on the team.

Barry EdinburgExecutive Officeri
Matthew MeliusExecutive Officeri
Nicholas MackExecutive Officeri
Robert KreamerExecutive Officer, Directori
Robert YoungExecutive Officeri

On the board, as filediAlexander WeissBenjamin KortlangDan PillemerDaniel OrosEd FeoJoe Kraus

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.

Debt2016Round2017Growth2019

SVB Capital

InvestecHPS

Everyone who backed them

SVB CapitalVC firm2rounds

InvestecVC firm1round

HPSno record of our own yet1round

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

Also claim to have backed them

This firm lists Spruce Finance as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.