Spruce Finance

Private Equity San Francisco, California, United States ·Founded 2015

Overview

Spruce Finance, established in 2015, is a private equity firm headquartered in San Francisco, California. The firm focuses on providing financing solutions for residential solar systems and energy efficiency home improvements, enabling homeowners to reduce their utility expenses and enhance their living environments. Spruce Finance operates in all 50 states, offering a comprehensive suite of financing options through its platform, SpruceFlow. The company has secured significant funding from investors such as HPS Investment Partners, Kleiner Perkins Caufield & Byers, Google Ventures, Duke Energy, Edison International, Dominion Resources, and Claremont Creek Ventures. Spruce Finance's mission is to empower homeowners by offering accessible and affordable financing for sustainable home improvements, contributing to environmental conservation and energy efficiency nationwide.

Investment Focus

  • Experienced management with effective financial controls and systems
  • Identifiable capital mandates and inflection points
  • Sufficient collateral coverage for credit investments

Portfolio Companies

SunrunVivint SolarSunPowerTesla EnergySunEdisonFirst Solar

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Frequently asked questions about Spruce Finance

What sectors does Spruce Finance invest in?

Spruce Finance invests in Energy, Utilities, Renewables, Home Improvement, Energy Efficiency and Storage, and is based in San Francisco, California, United States. Spruce Finance is listed as a private equity in the ConnectSafely investor database.

What stage does Spruce Finance invest at?

Spruce Finance backs companies at Growth, Late Stage and Buyout, writing cheques of 1M - 50M.

Which regions does Spruce Finance invest in?

Spruce Finance invests across United States.

What companies has Spruce Finance invested in?

Spruce Finance's portfolio includes Sunrun, Vivint Solar, SunPower, Tesla Energy, SunEdison and First Solar.

How do I contact Spruce Finance?

Spruce Finance's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.

Last updated · Source: ConnectSafely investor database