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Digs raises USD 7 million in seed funding for marketplace launch; appoints COO
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Jan 25, 2024
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Digital Twin

Digital Twin

Jan 25, 2024

Digs raises USD 7 million in seed funding for marketplace launch; appoints COO

Funding

  • Digs, a Vancouver-based provider of digital twin software, has raised USD 7 million in a seed funding round. This round was led by Oregon Venture Fund and Legacy Capital Ventures, with participation from existing investors. This funding follows a previous USD 7 million pre-seed round. Furthermore, the company has appointed Jef Holove as its chief operating officer (COO).

  • The new funds will be used to accelerate the company's marketplace launch.

  • Digs simplifies document organization and collaboration for residential builders and homeowners. By employing AI and computer vision to capture details, the company develops a digital twin for homes. This digital twin streamlines the building process for builders and offers homeowners an accessible and shareable digital understanding of their homes. As of January 2024, the company serves users across all 50 states and Canada.

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