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Welcoming Brittany, Debra, and Susan: Spruce Growth Fueled by New Strategic Hires

Spruce News
News
August 10, 2021

Data Science, Title Solutions, and Sales Hires will Expand Tech-Forward Offerings and Further Propel 450% Revenue Growth

We’re excited to announce today that we’ve hired three strategic leaders across our data science, title solutions, and sales functions to further our mission of building the one-click checkout for real estate transactions. These new team members join hundreds of others that have joined Spruce this year–and we’re on track to double our headcount again in 2021.

Brittany Murphy, Head of Data Science & Debra Hochman, Head of Title Solutions & Susan King, Enterprise Account Executive


In addition to incredible new hires across the organization, today we’re welcoming:

Brittany Murphy
, Head of Data Science: Brittany will oversee our dynamic risk optimization models and underwriting algorithms, further driving our automated offerings. Before joining us at Spruce, Brittany led the research team for HouseCanary, a real estate data and analytics company, and was a lead data scientist at Allstate Insurance.

Debra Hochman, Head of Title Solutions: Debra will lead a cross-functional business team to deliver even more seamless title solutions nationwide. Previously, Debra spent 20 years at First American Title before holding positions at AmTrust Title and TitleWave Real Estate Solutions. 

Susan King, Enterprise Account Executive: Susan will utilize her deep experience in both mortgage lending and title to lead Spruce’s expansion activities in the Western U.S. Before joining the Spruce team, Susan was VP Regional Manager Correspondent Lending at Texas Capital Bank. She also held positions at Fidelity National Title and Stonegate Mortgage.

“Our team offers the best of deep industry expertise paired with a future-forward, tech-focused mindset,” said Patrick Burns, CEO and co-founder of Spruce. “These key hires will play critical roles in ensuring we continue to bring our innovative clients the utmost transparency, flexibility, and simplicity–enabling them to meet their ambitious growth goals.”

Following our recent news of our $60M Series C funding round, which brings our total funding to date to $110M+, we’re also sharing new stats and updates about our growing business:

  • Working with our innovative clients, we can offer up to 40% faster closing times, with our automated underwriting model further reducing title search and closing processes from the industry average of two weeks to as little as 48 hours or less
  • We enable up to 20% savings on closing costs
  • We can fund transactions outside of restrictive Federal hours
  • Spruce clients include five of the top six venture-backed mortgage lenders, two of the top three iBuyers, four of the top five equity investment companies, and several scale-focused SFR investors, accounting for billions of dollars in purchase and refinance transactions per month nationwide
  • Spruce is also the only title solution to offer its open API directly on our website, enabling a completely centralized end-to-end process.

We can’t wait to see the incredible things Brittany, Debra, and Susan do alongside their teams here at Spruce. 

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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Welcoming Brittany, Debra, and Susan: Spruce Growth Fueled by New Strategic Hires

Data Science, Title Solutions, and Sales Hires will Expand Tech-Forward Offerings and Further Propel 450% Revenue Growth

We’re excited to announce today that we’ve hired three strategic leaders across our data science, title solutions, and sales functions to further our mission of building the one-click checkout for real estate transactions. These new team members join hundreds of others that have joined Spruce this year–and we’re on track to double our headcount again in 2021.

Brittany Murphy, Head of Data Science & Debra Hochman, Head of Title Solutions & Susan King, Enterprise Account Executive


In addition to incredible new hires across the organization, today we’re welcoming:

Brittany Murphy
, Head of Data Science: Brittany will oversee our dynamic risk optimization models and underwriting algorithms, further driving our automated offerings. Before joining us at Spruce, Brittany led the research team for HouseCanary, a real estate data and analytics company, and was a lead data scientist at Allstate Insurance.

Debra Hochman, Head of Title Solutions: Debra will lead a cross-functional business team to deliver even more seamless title solutions nationwide. Previously, Debra spent 20 years at First American Title before holding positions at AmTrust Title and TitleWave Real Estate Solutions. 

Susan King, Enterprise Account Executive: Susan will utilize her deep experience in both mortgage lending and title to lead Spruce’s expansion activities in the Western U.S. Before joining the Spruce team, Susan was VP Regional Manager Correspondent Lending at Texas Capital Bank. She also held positions at Fidelity National Title and Stonegate Mortgage.

“Our team offers the best of deep industry expertise paired with a future-forward, tech-focused mindset,” said Patrick Burns, CEO and co-founder of Spruce. “These key hires will play critical roles in ensuring we continue to bring our innovative clients the utmost transparency, flexibility, and simplicity–enabling them to meet their ambitious growth goals.”

Following our recent news of our $60M Series C funding round, which brings our total funding to date to $110M+, we’re also sharing new stats and updates about our growing business:

  • Working with our innovative clients, we can offer up to 40% faster closing times, with our automated underwriting model further reducing title search and closing processes from the industry average of two weeks to as little as 48 hours or less
  • We enable up to 20% savings on closing costs
  • We can fund transactions outside of restrictive Federal hours
  • Spruce clients include five of the top six venture-backed mortgage lenders, two of the top three iBuyers, four of the top five equity investment companies, and several scale-focused SFR investors, accounting for billions of dollars in purchase and refinance transactions per month nationwide
  • Spruce is also the only title solution to offer its open API directly on our website, enabling a completely centralized end-to-end process.

We can’t wait to see the incredible things Brittany, Debra, and Susan do alongside their teams here at Spruce. 

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