Spruce Recognized in HousingWire’s 2022 Tech100 Awards

We’re excited to share that Spruce has been named a 2022 HousingWire Tech100 winner (for the fourth year in a row!) – in both the mortgage and real estate categories. 

Together with our innovative partners, we’re building the future of real estate transactions, using proprietary technology and tech-enabled operations to shift a historically offline ecosystem to a predominantly digital experience. In 2021, our team made meaningful strides, including:

  • Processed transactions in 48 states and nearly 3,000 cities
  • Closed loans 40% faster than industry average
  • Lowered closing costs up to 20%
  • Doubled overall revenue year over year
  • $60M in Series C fundraising (a total of $110M+ in funding)

HousingWire's Tech100 program provides housing professionals with a comprehensive list of the most innovative and impactful organizations that can be leveraged to identify partners and solutions to the challenges that mortgage lenders and real estate professionals face every day. 

Each  year  the  Tech100  program  grows  more  competitive  and  the  applicants  increase  in  caliber  as  the demand  for  technology  in  the  industry  continues  to  progress.  

“This  year’s  list  of  Tech100  honorees  proves  once  again  that  innovation  within  housing  is  vital  in differentiating  the  organizations  who  will  thrive  and  those  who  will  be  left  behind,”  said  Clayton  Collins, CEO of  HW Media.  “This  list  spotlights  the  innovators  that  are  making  the  housing  sector  better  and  more sustainable  by  increasing  efficiency,  improving  user  and  borrower  experiences  and  bringing  elasticity  and improvements  to  age-old  processes.”

We’re honored to be recognized by HousingWire, alongside so many impressive companies within the real estate sector. We’re only just beginning!

P.S. We’re (still) hiring–check out our open roles. If you’re interested in partnering with us, you can reach out here.

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