Tuesday 26 May 2020

Title insurance startup Spruce raises $29M in Series B

As the coronavirus pandemic has highlighted the inefficiencies of traditional pen-and-paper closings, another startup has secured funding in its quest to digitize and streamline title and escrow procedures. Digital title startup Spruce has raised $29 million in new funding as part of a Series B funding round, the firm announced last Thursday. Scale Venture Partners led the funding, in which Zigg Capital and Bessemer Venture Partners also participated. “In these uncertain times, innovative mortgage lenders



source https://therealdeal.com/2020/05/26/title-insurance-startup-spruce-raises-29m-in-series-b/

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