# Shovels

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shovels

- Industry: Software
- Headquarters: Lafayette, US
- Website: www.shovels.ai
- Total disclosed funding: $6.6M
- Latest round: Seed (Dec 19, 2024)
- Investors on record: 1

## About

Based in Lafayette, US, Shovels, Inc. delivers an API that simplifies access to building permit and contractor data, primarily benefiting the construction, energy, and real estate sectors.Shovels, Inc. was founded in 2022 in Lafayette, US, specializing in providing data solutions for the construction industry. The company has completed 1 deal with its most recent funding round being a Seed round, raising USD 6.568 mn led by Base10 Partners on December 19, 2024. The company’s current valuation stands at USD 17.685 mn.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. The company’s geographical focus spans major metropolitan areas in the United States, where construction activity is robust and demand for building data insights is high.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. Specific pricing plans and flagship services are tailored to meet the diverse needs of their customer base, providing scalable access to valuable insights without requiring extensive data engineering.Following the recent Seed funding of USD 6.568 mn raised on December 19, 2024, led by Base10 Partners, Shovels, Inc. 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.

## Funding rounds

- Seed, Dec 19, 2024, $6.6M — Base10 Partners

## Investors

- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Seed