Spruce is the first title insurance, escrow, and closing company that uses technology to enable fast, frictionless, and secure real estate transactions.

This approach allows Spruce to offer its customers a fully digital experience providing a user-friendly way to access titling insurance and reach settlement quickly and easily. Spruce guarantees that borrowers receive lower overall costs, faster, more confident closing times, and protection of money and identity by utilizing encryption technology.

Omidyar Network’s funding helps Spruce expand its technology offering, grow the team, and accelerate growth.