Digs Secures $7M in Seed Funding to Enhance AI-Driven Collaboration Platform for Home Builders and Launch New Marketplace.
Digs is dedicated to simplifying the residential building process.
Company Name: Digs
Location: Vancouver, WA
Sector: AI Collaboration Platform for Home Building
Funding Details: Raised $7M in Seed funding, led by Oregon Venture Fund and Legacy Capital Ventures, with follow-on participation from previous investors and contributions from Fuse, Flying Fish, Betaworks, PSF, Cascade Seed Fund, and Deepwater Asset Management.
Purpose of Investment: To accelerate the rollout of its platform and launch a marketplace.
Leadership: CEO Ryan Fink; COO Jef Holove
Product: Digs is a web-based software platform that uses human-centric design and patent-pending AI to streamline the home-building process. It assists residential builders and homeowners in organizing documents, collaborating on home builds, and facilitating digital homeowner handoffs.
About Company: Digs is dedicated to simplifying the residential building process. The platform has quickly expanded to serve users across all 50 states and Canada, engaging builders, suppliers, contractors, and homeowners. Digs' platform currently hosts projects representing over $3B+ in home value.
Growth and Expansion:
- Transitioned from beta to full availability in less than a year.
- Serves a diverse range of projects and clients in the home-building sector.
New Appointment: Jef Holove, previously CEO of Drop, joins as Chief Operating Officer to lead business functions and develop the platform’s marketplace.