Shearman And Sterling

News July 20, 2022

Spruce Raises $26 Million Series B Financing

Shearman & Sterling represented Spruce in its $26 million Series B financing from Sweat Equity Partners, SoftBank Corp., Mercury Fund, Fitz Gate Ventures, Seamless Capital, Raven One Ventures, and New Age Ventures.

Spruce is an Austin, Texas based developer of a mobile concierge application providing leading lifestyle services to the multifamily industry.

The Team