Sweat Equity Partners led a $26m in Series B round in Spruce.

Sweat Equity Partners, an investment firm, led a $26m in Series B round in Spruce, a lifestyle service provider, with participation from SoftBank, Mercury Fund, Fitz Gate Ventures, Seamless Capital, Raven One Ventures, and New Age Ventures. “For the past two years, I’ve been able to guide Spruce as a board member and am honored to continue to do that as CEO. Ben’s vision for Spruce ensured the company’s incredible growth to date, as well as the outsized positive impact on local economies and small businesses Spruce partners with across the country. I am excited to continue to partner with him as he transitions to President of the company," Steven Pho, Spruce CEO.