15. Spruce Holdings $29.0M
Round: Series B
Description: Spruce Holdings aims to improve title insurance assessment and issuance to reduce the time needed to close a real estate deal. Founded by Andrew Weisgall and Patrick Burns in 2016, Spruce Holdings has now raised a total of $29.0M in total equity funding and is backed by investors that include Bessemer Venture Partners, Omidyar Network, Scale Venture Partners, Third Prime, and MetaProp NYC.
Investors in the round: Bessemer Venture Partners, Scale Venture Partners, Zigg Capital
Month of funding: May
Industry: Financial Services, Insurance, InsurTech, Property Insurance, Real Estate
Founders: Andrew Weisgall, Patrick Burns
Founding year: 2016
Total equity funding raised: $50.1M
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.