TLDR:
- Washington state-based startup, Digs, has raised $7 million in seed funding to support its collaborative homebuilding software platform.
- The platform allows homebuilders to collaborate with clients on the design of their homes throughout the building process.
Portland-based Oregon Venture Fund (OVF), Legacy Capital Ventures, Fuse, Flying Fish, Betaworks, PSF, and Deepwater Asset Management all participated in the funding round, bringing Digs’ total funding to $14 million. Jef Holove, former CEO of bespoke e-commerce marketplace Drop, has also been hired as Chief Operating Officer.
Co-founded by CEO Ryan Fink, Digs was inspired by Fink’s experience with a frustrating homebuilding project. The platform aims to capture and organize valuable information about homes during the building process, making it accessible and shareable to products and services related to the home.
Digs offers a platform similar to Google Docs combined with Figma, a collaborative design platform, for homebuilding plans and information. Users can upload architectural blueprints and other relevant documents, leave comments, and assign others to specific issues or comments. The platform keeps all parties involved in the building process updated in real time and ensures that critical information is not siloed.
The platform is already being used by boutique builders and national developers across all 50 states and Canada, with a total estimated project value of $3 billion. The cost for builders is $59 per user per month, but collaborators such as homeowners, contractors, and vendors can access the shared account for free.