Spruce Energy
PrivateLast Round
Debt
Jul 1, 2024
Est. Valuation
$1B
Total Funding Raised
$937.17M
Company Overview
Spruce Energy is an energy and sustainability company that provides a software platform for heat pump installers to manage business operations, including enquiries, surveys, designs, and documentation.
Sector
Energy & Sustainability
Verticals
Vertical SaaS, Renewable Energy, Compliance, Workflow Automation, Green Building
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Spruce Energy Comparables
Compare Spruce Energy with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Sunlight Financial | 77% | |
| GoodLeap | 72% | |
| OpenSolar | 69% | |
Spruce Energy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Jul 1, 2024 | ||||
| Seed | Apr 1, 2024 | ||||
| IPO | Dec 22, 2020 | ||||
| VC Round | Sep 18, 2020 | ||||
| Debt | May 4, 2020 | ||||
Debt | Mar 5, 2020 |
Spruce Energy Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| KeyBank | Debt |
| WindSail Capital Group | VC Round |
| GV | Series C, Series B |
| Constellation Technology Ventures | VC Round |
| Vantage Infrastructure | Debt |
| Sustainable America | VC Round |
| Investec Bank plc | Debt |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 15, 2026
Grew 26% QoQ, from 19 to 24 employees.
- Oct 15, 2025
Grew 36% QoQ, from 14 to 19 employees.
Spruce Energy Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Spruce Energy's valuation, stock price, and market status.