Spruce

2021 HW Tech100

Offers real estate businesses the tools they need to scale and stay on top of all aspects of a transaction

Spruce-2021 Tech100 winners -Real Estate

Spruce’s mission is to make every real estate transaction a one-click checkout. Offering an API-driven solution for title and closing services, Spruce provides its partners the scalable infrastructure to build their businesses and better serve homebuyers, investors, and lenders–making a historically opaque process fast, transparent, and predictable. Spruce uses proprietary technology and world-class operations, shifting a historically offline ecosystem to a predominantly digital experience. Spruce’s unique combination of proprietary tech and operational approach replaces a tedious, manual process with an automated, scalable solution. The Spruce API enables mortgage lenders and real estate companies to manage the title & closing process. Spruce API can be used to provide TRID-compliant quotes for use in generating Loan Estimate disclosures, estimating recording fees and taxes, creating and receiving title search orders, and scheduling closings.

  • Closed files for hundreds of lenders, real estate investors, and proptech companies, powering tens of thousands of transactions to date
  • Seen 450% annual growth
  • Closing times are 25% faster

Company Website:

http://www.spruce.co

Markets Served:

Real Estate Investment and SFR

Company HQ:

New York, NY

3d rendering of a row of luxury townhouses along a street

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