Wharton FinTech Podcast

Patrick Burns, CEO/Co-Founder of Spruce – Transforming & Modernizing Online Real Estate Transactions


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I sit down with Patrick Burns, CEO and Co-founder of Spruce, a proptech powering online real estate transactions that’s on a mission to build a one-click checkout experience for real estate transactions.
Spruce has raised more than $50M from investors including Bessemer Venture Partners, Scale Venture Partners, and Third Prime.
Mr. Burns is based in NYC and holds an MA in Statistics from Yale and a BA in Physics from Oxford.
We discuss
- Patrick’s journey from Scotland to the heart of fintech in NYC
- Digitization of the real estate market and why shifting consumer expectations are driving innovation and a better customer experience
- Importance of thinking of company culture from day one and how they’ve built a culture of decentralized and autonomy
- Reflections and lessons for aspiring entrepreneurs… And just a lot more including the ideal itinerary for your next visit to Scotland!
Patrick Burns
Patrick is the CEO and co-founder of Spruce, the proptech company powering online real estate transactions. Spruce has raised more than $50M from investors including Bessemer Venture Partners, Scale Venture Partners, and Third Prime. Prior to founding Spruce in 2016, Patrick was a product manager at Betterment, the largest automated investment service with $20B under management. He holds an MA in Statistics from Yale, and a BA in Physics from Oxford.
About Spruce
Spruce is the proptech company on a mission to build the one-click checkout experience for real estate transactions. The company is digitizing real estate transactions for forward-thinking real estate companies and mortgage lenders. By leveraging proprietary technology and best-in-class operations, Spruce provides a seamless, affordable solution. Spruce was founded by Andrew Weisgall and Patrick Burns in 2016, and is headquartered in New York with hubs across the U.S.
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