Spruce
A resident concierge platform for apartments to change how people receive services in their own homes.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $26.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 173 % | 63 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Spruce provides on-demand lifestyle services, including housekeeping and chores, to multifamily residents across more than 25 states. The company's services are accessible through a mobile application, allowing residents to book one-time or recurring cleanings and other chores.
Spruce's business model is centered around partnerships with multifamily apartment communities. By integrating its services into these communities, Spruce offers a convenient solution for residents while providing property managers with a value-added amenity. The company employs a network of service professionals, referred to as "Spruce Pros," to fulfill the requested services. This approach allows for a scalable and efficient service delivery model. The company generates revenue through the services booked via its platform, likely earning a commission on each transaction.
Keywords: housekeeping, chores, multifamily, residential services, on-demand, mobile application, property management, amenity, cleaning services, lifestyle services
Tech stack
Investments by Spruce
Edit