How Much Did Dig-it Raise?
Funding & Key Investors

Dig-it, a prominent woman-owned construction firm specializing in utilities, has secured $837K in total capital, with a recent strategic investment of $487K. This significant backing underscores the company's established presence and growth trajectory in the competitive utilities marketplace.

What is Dig-it?

Dig-it
ConstructionCivil Engineering Construction

Founded in 1994, Dig-it, Inc. has carved a niche in the utilities sector by offering specialized services including directional drilling, foundation drilling, hydro-excavation, and site restoration. Operating across multiple states, the company serves a diverse clientele in telecommunications, power, natural gas, water, and sewer industries. Dig-it's commitment to safety, quality workmanship, and fostering strong client partnerships has positioned it as a leader, emphasizing employee growth and rigorous safety protocols.

How much funding has Dig-it raised?

Dig-it has raised a total of $837K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$487K

Debt (2020): $350K with participation from PPP

Debt (2021): $487K led by PPP

What's next for Dig-it?

The recent major strategic investment signals Dig-it's readiness for accelerated expansion and enhanced operational capabilities. This capital infusion is expected to fuel further development in its core service areas and potentially broaden its geographic reach. The company's focus on safety and quality is likely to remain paramount as it navigates future growth opportunities, reinforcing its reputation as a reliable partner in the utilities infrastructure domain.

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Frequently Asked Questions Regarding Dig-it Financial Insights

What are the most recent funding rounds that Dig-it has completed, and what were the funding rounds?
Dig-it has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Dig-it has raised to date?
Dig-it has raised a total of $837K in funding to date.
How many funding rounds has Dig-it completed?
Dig-it has completed 2 funding rounds.
How much funding did Dig-it raise in its most recent funding round?
Dig-it raised $487K in its most recent funding round.
Who are the lead investors in Dig-it's latest funding round?
The lead investor in Dig-it's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Dig-it's history?
The largest funding round in Dig-it's history was $487K.
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