Spruce Title Insurance Announces Launch

NYC-based Spruce, a technology-focused title and settlement company established in 2016 that simplifies the process of buying insurance by offering title API for lenders, and a digital closing experience for homebuyers, announced it has raised $4.5 million in a Series A round from Bessemer Venture Partners and Omidyar Network to name two investors. Play.

Bottom Line: just launched .