Digs, headquartered in Vancouver, Washington, a provider of an AI collaboration platform catering to home builders and homeowners, has secured $7 million in Seed funding.
Oregon Venture Fund and Legacy Capital Ventures spearheaded the funding round, with participation from investors who were also involved in the previous $7 million pre-seed round. Additional contributors include Fuse, Flying Fish, Betaworks, PSF, Cascade Seed Fund, with Deepwater Asset Management also increasing their investment.
The infusion of capital will fuel the company’s efforts to expedite the rollout and launch of a marketplace.
Under the leadership of CEO Ryan Fink, Digs is a web-based software firm that utilizes human-centric design and proprietary artificial intelligence (AI) technology to streamline document organization, facilitate collaboration during home builds, and automate digital homeowner handoffs.
The Digs platform is currently operational in all 50 states and Canada, serving a broad spectrum of users including builders, suppliers, contractors, and homeowners. Within a year, the platform has transitioned from beta testing to full availability, hosting a diverse array of projects ranging from small-scale boutique builders to large national developers, collectively representing over $3 billion in home value.
In a bid to bolster the platform’s expansion, Digs has brought onboard Jef Holove, a seasoned technology executive, as Chief Operating Officer. Holove brings a wealth of experience from his senior roles in various consumer companies, with his most recent position being Chief Executive Officer of Drop, an e-commerce marketplace specializing in custom consumer tech products, which was acquired by Corsair in 2023. In his new role, Holove will oversee Digs’ support functions and spearhead the development of the platform’s marketplace.