Latest round

Seed

Last raised

Dec 2024

Total raised

$6.6M

Investors

1

About Shovels

Based in Lafayette, US, Shovels, Inc.Shovels, Inc. was founded in 2022 in Lafayette, US, specializing in providing data solutions for the construction industry.Shovels offers an innovative API designed to streamline access to building permit and contractor data, primarily serving the construction technology, energy and climate sectors, building materials suppliers, real estate, and home services industries. The core products include the Shovels API, which allows users to programmatically access detailed data by address or contractor name; a web application for exploring and downloading data on desktop and mobile devices; and integration options with data platforms such as Snowflake, BigQuery, and Databricks. These solutions are aimed at various end-users, including contractors, real estate professionals, and homeowners, helping them to identify qualified contractors, analyze work histories, and enhance decision-making processes related to construction projects.Shovels generates revenue through subscription-based models for its API and data services, allowing clients to purchase single or multiple user licenses to access building permit information. Transactions typically occur through direct engagement with businesses in the construction and real estate sectors, where clients can leverage the data for market research, sales strategies, and targeted marketing campaigns. The company has structured its offerings to cater to both B2B clients, such as contractors and suppliers, and direct-to-consumer sales for homeowners seeking information on local contractors. plans to utilize these funds to grow its team, enhance its AI infrastructure, expand data coverage, and build advanced analytics and platform development tools. The company aims to launch new products and expand its market presence in additional metropolitan areas across the United States.

Who invested in Shovels

1 investor across 1 round

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Funding rounds

  1. Seed

    Dec 19, 2024

    Amount

    $6.6M

    Investors

    Locked

Questions about Shovels

Who invested in Shovels?

Shovels has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Shovels raised?

Shovels has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Shovels last raise money?

Shovels's most recent round on record is a Seed, in Dec 2024.

What does Shovels do?

Based in Lafayette, US, Shovels, Inc.

Where is Shovels headquartered?

Shovels is headquartered in Lafayette, US.

Which VCs invest in companies like Shovels?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Shovels's stage. Their profiles are linked below.

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