Spruce provides homeowners with multiple financing options for solar systems and energy efficiency improvements. Our goal is to empower people to improve their homes and communities. We work with a national network of channel partners who offer our financing to homeowners and perform the installation.
Formed in 2015 when Clean Power Finance merged with Kilowatt Financial, we are a private company headquartered in San Francisco. We have raised more than $2.5B to date and currently serve nearly 70,000 homeowners. Our investors include Kleiner Perkins, Google Ventures, Edison International and Duke Energy.
Spruce employs about 200 employees in San Francisco, Anaheim, Des Moines, Houston and New York. Our management team has decades of experience in the consumer financing, technology and renewable energy industries.
We are experts at financing consumer residential solar and energy efficiency improvements. We’ve used our expertise to help set consumer protection best practices for the U.S. solar industry, and our executives have held leadership roles at the Solar Energy Industries Association (SEIA).