Based in Vancouver, Washington He digs, a collaboration platform that provides homebuilders, sellers and — eventually — homeowners with something akin to a digital twin of a home, announced today that it has extended its $7 million production cycle from 2023 by another $7 million. The new round was led by Oregon Venture Fund (OVF) and Legacy Capital Ventureswith its existing investors as Fuse, Flying fish, Betaworks and PSF in continuation of their previous investment and Deepwater Asset Management also participates in this round.
“It’s fantastic to have proven investors like OVF and Legacy leading our first round and partners to help us face all the challenges that come with rapid growth,” said Digs CEO and co-founder Ryan Fink. “Building additional expert experience and scaling consumer technology will ensure our ability to continue to effectively develop and accelerate our go-to-market strategy.”
Image Credits: He digs
Fink, who co-founded the company with Ty Frackiewicz, previously built Streem, which aimed to create digital twin homes that use nothing but phone cameras. Frontdoor acquired Streem in 2019. Now the team is taking a different approach that focuses more on helping builders, sellers and homeowners share documents, using artificial intelligence and computer vision to help them better understand those documents. At its core is a modern real-time collaboration platform and document storage service.
“He digs it takes the way we build and own a home to the next level,” said Gene Munster, managing partner of Deepwater. “We’re excited to partner again with Fink and the team who are using AI to solve real pain points felt by millions every day, whether you’re a builder or a homeowner.
Digs is now out of beta and available in the US and Canada, and in addition to several boutique developers, it also includes some national developers among its users.
To help grow the team, Digs recently hired Jeff Hollow as its chief operating officer. Holove was previously the CEO of Drop, the marketplace best known for its keyboard and headphone options. Corsair acquired Drop in 2023. Perhaps more importantly, before that, he was the COO of Streem — and before that the CEO of Basis, which Intel acquired in 2014 (and, as with so many of its acquisitions Intel at the time, quickly gave up). He was also previously CEO of Eye-Fi, which was eventually acquired by Ricoh. Let me know if you spot a trend here.
“Digs’ digital twin for the home includes everything builders and homeowners should know — from room dimensions, color and fixture details, to refrigerator-compatible water filter” , Holove said. “Imagine the unprecedented ease of managing and improving homes with knowledge tailored to your interests, available at the click of a button.”
