Spruce Expands Into California

January 30, 2020

Spruce announced the opening of its West Coast headquarters in Sacramento after receiving its license to operate as an underwriter in California from the state’s Department of Insurance.

Spruce was founded in 2016 and has since raised $20 million to provide the APIs (Application Programming Interfaces) and services necessary to create scalable, efficient and convenient transactions.

“We’re delighted to have expanded our offering into California, which is home to some of the most innovative real estate and mortgage companies in the country. With this in place, our license footprint covers well over 90 percent of the country.” Said Patrick Burns, CEO of Spruce.

The New York start-up also has offices in New York, Texas and Nevada.

Contact ALTA at 202-296-3671 or communications@alta.org.