Looking for a better way to build a home? Then meet Digs, a collaboration platform that helps simplify information sharing for home builders and homeowners, streamlining every stage of home building. Based in Vancouver, Washington, Digs has recently secured an additional $7 million in funding, extending its 2023 seed round to a total of $14 million. The latest funding round was led by the Oregon Venture Fund (OVF) and Legacy Capital Ventures, with participation from existing investors such as Fuse, Flying Fish, Betaworks, PSF, and new investor Deepwater Asset Management.
Digs provides a comprehensive collaboration platform for home builders, vendors, and eventually homeowners, while offering a digital twin-like representation of a home. Their software platform allows for efficient collaboration and document sharing among stakeholders in the homebuilding process.
The startup, which recently emerged from beta, is focused on using AI and computer vision to help users better understand and share documents related to home construction. Digs aims to streamline the home building process by providing a modern real-time collaboration platform and document storage service.
Digs was founded by Ryan Fink and Ty Frackiewicz, with Fink having previously built Streem, a company that sought to create digital twins of homes using phone cameras. Streem was acquired by Frontdoor in 2019. The team at Digs has adopted a different approach, leveraging AI and collaboration tools to address pain points in the homebuilding industry.
Their innovative platform is not only intended for builders but also for vendors and, eventually, homeowners too. The company’s vision is to create a comprehensive digital twin for each home, containing information such as room dimensions, paint and fixture specifics, and compatibility details for various appliances and fixtures.
Digs has attracted a mix of boutique builders and national developers among its users. The additional funding secured will be used to accelerate the company’s marketplace strategy and support further growth. Jef Holove recently joined Digs as Chief Operating Officer, bringing experience from his previous roles as CEO of Drop (acquired by Corsair in 2023) and COO of Streem.
The digital twin that Digs has created for the home essentially includes everything that home builders and homeowners would need to know – from all of the room dimensions, specific paint and fixtures, to what type of water filter is most compatible with the fridge. If you’ve built a home or are in the process of doing so, now try to imagine the unreal simplicity of managing and improving these homes while having insights specifically tailored to your interests, with readily available at the press of a button.