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

Dig-it has secured $837K in total capital, with its most recent financing round bringing in $487K. This major enterprise-level funding, characterized as a major strategic investment, underscores the company's significant traction and growth potential in the utilities construction sector.

The company's financial trajectory, marked by consistent capital infusions, indicates a strong market position and investor confidence in its operational model and future expansion.

What is Dig-it?

Dig-it
ConstructionCivil Engineering Construction

Dig-It, Inc. is a distinguished woman-owned construction firm established in 1994, specializing in comprehensive utility services. Its core competencies encompass directional drilling, foundation drilling, hydro-excavation, and site restoration, serving critical sectors such as telecommunications, power, natural gas, water, and sewer. Operating across multiple states, Dig-It prioritizes safety, high-quality workmanship, and robust client partnerships. The company's commitment to employee development and stringent safety protocols positions it as a leader in the utilities marketplace.

The company's strategic focus on specialized drilling and excavation techniques, coupled with its extensive experience, allows it to undertake complex projects and maintain a competitive edge. Its operational footprint and dedication to service excellence have cemented its reputation.

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

Key Investors in Dig-it

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Dig-it?

With the recent major strategic investment, Dig-it is poised for accelerated growth and enhanced service delivery. The capital infusion is expected to fuel further expansion of its operational capabilities, potentially through the acquisition of advanced equipment, the broadening of its geographic reach, and the strengthening of its workforce. This strategic financing will likely enable Dig-it to pursue larger-scale projects and solidify its market leadership in the utilities construction domain. The company's continued emphasis on safety and quality is anticipated to remain a cornerstone of its expansion strategy, ensuring sustainable development and continued client trust.

See full Dig-it company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Civil Engineering ConstructionConstruction
Construction ManagementConstruction
Construction ManagementConstruction
Architecture, Engineering & DesignConstruction

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.
See more information about Dig-it