Spruce Finance Raises $25 Million

Fintech startup Spruce Finance announced the completion of $25 million in financing from HPS Investment Partners.

Spruce’s mission is to empower consumers to upgrade their environments. The company provides homeowners with simple, affordable financing for residential solar systems, water conservation upgrades, and energy-efficiency home improvements. Working with a national network of channel and contractor partners in 50 states, Spruce helps homeowners reduce their total utility spend on power, water, and heating and cooling.