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Recently Funded|Amount: USD 5.0M|Industry: Data Infrastructure and Analytics
Shovels Secures $5 Million in Seed Funding to Revolutionize Building Permit Data Utilization
Shovels

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We are thrilled to announce that Shovels has successfully raised $5,000,000 in our latest funding round, a testament to the increasing demand for our innovative solutions in the construction and real estate sectors. At Shovels, we specialize in transforming building permit data into actionable insights, tracking, normalizing, and categorizing hundreds of millions of records across the nation. This vital information empowers our customers—from developers and contractors to real estate professionals—to explore and profile projects effectively, driving both efficiency and strategic decision-making. The funding will enable us to enhance our data analytics capabilities, expand our team, and further develop our platform, ensuring that we continue to provide the best tools and services available. Headquartered in the heart of Silicon Valley, Shovels is proud to be supported by esteemed investors including Coelius Capital, Founders Network Fund, and Mission One Capital. Their backing reinforces our mission to make building permit data not just accessible, but truly useful for our clients. As we look to the future, this investment will bolster our efforts to innovate and refine our systems, allowing us to equip our users with deeper insights that can drive growth and facilitate successful project execution. We are excited about what lies ahead and are committed to leading the way in data utilization for the construction industry. Thank you for being a part of our journey as we continue to build a smarter, more connected future.
Buying Signals & Intent
Our AI suggests Shovels may be interested in solutions related to:
- Building permits
- Contractor databases
- Data integration tools
- API services
- Market research tools
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