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

Wharton FinTech Podcast - A podcast by Wharton Fintech Podcast

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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. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Miguel's Twitter: twitter.com/MiguelArmaza Miguel's Newsletter: https://bit.ly/3jWIpqp