How Much Did Spruce Raise?
Funding & Key Investors

Spruce has secured $19K in total funding, with a recent capital injection of $19K to fuel its moderate growth. This financing round marks a significant step for the Brick + Mortar boutique as it continues to expand its presence and offerings.

What is Spruce?

Spruce
RetailFlowers, Gifts & Specialty StoresApparel & Accessories Retail

Spruce is a Brick + Mortar boutique established in 2008, located at 7028 Church Street East in Brentwood, Tennessee. The company prides itself on offering a curated selection of unique products within a welcoming environment. Spruce caters to customers seeking gifts, accessories, signature furniture pieces, art, and the latest apparel styles. In addition to its retail operations, Spruce also provides design services to clients on an hourly basis, demonstrating a commitment to personalized customer engagement and aesthetic solutions.

How much funding has Spruce raised?

Spruce has raised a total of $19K across 1 funding round:

2021

Debt

$19K

Debt (2021): $19K with participation from PPP

Key Investors in Spruce

PPP

Public-Private Partnership

What's next for Spruce?

With the recent infusion of moderate growth capital, Spruce is poised for strategic expansion. The Series A/B growth stage funding indicates a focus on scaling operations, potentially enhancing its product lines, and broadening its market reach. Future initiatives may include optimizing the in-store customer experience, exploring new design service avenues, and strengthening its brand presence within the Brentwood community and beyond. The company's commitment to unique products and personalized service is expected to remain a core driver of its continued development.

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Frequently Asked Questions Regarding Spruce Financial Insights

What are the most recent funding rounds that Spruce has completed, and what were the funding rounds?
Spruce has recently completed 1 funding rounds: Debt on Feb 18, 2021.
What is the total amount of funding Spruce has raised to date?
Spruce has raised a total of $19K in funding to date.
How many funding rounds has Spruce completed?
Spruce has completed 1 funding rounds.
How much funding did Spruce raise in its most recent funding round?
Spruce raised $19K in its most recent funding round.
Who are the lead investors in Spruce's latest funding round?
The lead investor in Spruce's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Spruce's history?
The largest funding round in Spruce's history was $19K.
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