Digs, a Vancouver-based AI collaboration platform for home builders and homeowners, has successfully raised $7 million in Seed funding. The financing round was spearheaded by Oregon Venture Fund and Legacy Capital Ventures, with continued support from investors who participated in the prior $7 million pre-seed round. Notable contributors also include Fuse, Flying Fish, Betaworks, PSF, Cascade Seed Fund, and additional investment from Deepwater Asset Management.
The infusion of capital will fuel Digs’ efforts to expedite the rollout and launch of its marketplace, enhancing accessibility and functionality for users.
Under the leadership of CEO Ryan Fink, Digs operates as a web-based software company that employs human-centric design and patent-pending AI technology to simplify document organization, collaboration processes for home builds, and automate digital homeowner handoffs.
With its platform now operational in all 50 states and Canada, Digs serves a diverse user base including builders, suppliers, contractors, and homeowners. Having transitioned from beta to full availability within a year, the platform hosts a wide range of projects, from local boutique builders to national developers, collectively representing over $3 billion in home value.
To support its scaling efforts, Digs has appointed Jef Holove, a seasoned technology executive, as Chief Operating Officer. Holove brings with him a wealth of experience from senior roles in consumer companies, notably serving as the CEO of Drop, an e-commerce marketplace for bespoke consumer tech products acquired by Corsair in 2023. In his new role, Holove will oversee Digs’ supporting business functions and spearhead the development of its marketplace.
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By Proptechbuzz
By Ravi Kumar