Spruce Energy

London, United Kingdom Founded: 2023 • Age: 3 yrs
Provider of software solutions for heat pump installers
Annual revenue - Latest available
Total funding $1.1M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Spruce Energy

Spruce Energy is a company based in London (United Kingdom) founded in 2023 by Joseph Saxby. Spruce Energy has raised $1.13 million across 1 funding round. Spruce Energy offers products and services including Enquiry Tool, Quote Tool, Survey Tool, and Paperwork Tool. Spruce Energy operates in a competitive market with competitors including Payzer, Bluon, Climapulse, Fixable and Pureblu, among others.

  • Headquarter London, United Kingdom
  • Founders Joseph Saxby
  • Sectors
    Technology
  • Email
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  • Phone
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  • Legal Name Spruce Energy Limited
  • Date of Incorporation 20 Mar, 2023
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.13 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.13 M (USD), Seed

    Apr 24, 2024

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Spruce Energy

Spruce Energy offers a comprehensive portfolio of products and services, including Enquiry Tool, Quote Tool, Survey Tool, and Paperwork Tool.

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Primary

Manages heat pump enquiries and filters serious leads efficiently

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Generates professional proposals and estimates quickly

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Conducts heat loss surveys and creates system designs rapidly

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Automates MCS documentation and handover packs

Funding Insights of Spruce Energy

Spruce Energy has successfully raised a total of $1.13M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.13 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by Spruce Energy

Investments
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Investment portfolio details for Spruce Energy

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Financial Statements - Spruce Energy

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Detailed financials for Spruce Energy

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Spruce Energy Comparisons

Spruce Energy Primary company
Description
Provider of software solutions for heat pump installers
Location
London, United Kingdom
Founded Year
2023
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Spruce Energy

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Competitors of Spruce Energy

Spruce Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Payzer, Bluon, Climapulse, Fixable and Pureblu, among others.

Company Name Domain Founded year HQ Location Description
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SaaS-based payment solutions are provided for business financial management.
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App-based management solutions for HVAC technicians are provided.
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Business management software for HVAC industries is provided.
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AI and SaaS solutions for HVAC business management are provided.
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Mobile-first helpdesk applications are offered for HVAC industries.
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Detailed competitors of Spruce Energy

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Latest news on Spruce Energy

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Complete news archive for Spruce Energy

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Frequently Asked Questions about Spruce Energy

Spruce Energy was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Spruce Energy is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Spruce Energy is a funded company, having raised a total of $1.13M across 1 funding round to date.

Spruce Energy was founded in 2023 in London, United Kingdom. Software solutions are offered to heat pump installers in the renewable energy sector, focusing on tools for generating heat loss data and estimating installation costs. Operations include CRM systems, enquiry review processes, and estimation functionalities to support service providers in managing client interactions and project assessments.

Spruce Energy's top competitors include Payzer, Bluon and Climapulse.

Spruce Energy offers Enquiry Tool, Quote Tool, Survey Tool, and Paperwork Tool.

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