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

Dig-it, a prominent player in the utility infrastructure sector, has successfully secured a total capital infusion of $837K. This financial milestone includes a recent strategic investment of $487K, which underscores the firm's robust market position and its capacity to execute large-scale utility projects across multiple states. By leveraging this influx of capital, the company is well-positioned to enhance its operational capabilities in directional drilling and site restoration.

What is Dig-it?

Dig-it
ConstructionCivil Engineering Construction

Founded in 1994, Dig-it has evolved into a specialized, woman-owned enterprise providing critical services to the telecommunications, power, natural gas, and water sectors. The company distinguishes itself through a rigorous commitment to safety protocols and high-quality workmanship in complex environments such as hydro-excavation and foundation drilling. As a leader in the utilities marketplace, Dig-it maintains a competitive edge by fostering strong client partnerships and prioritizing continuous employee training and development, ensuring that its technical execution meets the stringent demands of modern infrastructure projects.

The firm's operational footprint, which spans several states, reflects its ability to scale effectively while maintaining the specialized focus required for utility-grade construction. By integrating advanced drilling technologies with a safety-first culture, Dig-it has solidified its reputation as a reliable partner for major utility providers seeking to modernize their underground networks.

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

What's next for Dig-it?

With the recent strategic investment, Dig-it is poised to accelerate its growth trajectory and expand its service offerings within the utility infrastructure landscape. The company is expected to deploy these resources toward upgrading its fleet of specialized drilling equipment and expanding its workforce to meet the rising demand for utility maintenance and expansion. Furthermore, the capital will likely support the firm's long-term strategy of enhancing its technological integration in site restoration, thereby improving project efficiency and environmental compliance. As the demand for resilient utility infrastructure continues to grow, Dig-it's focus on operational excellence and safety will remain the cornerstone of its future expansion efforts, allowing it to capture a larger share of the enterprise-level utility market.

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

Additional financial insights in the Construction industry

Construction ManagementConstructionConsumer ServicesRepair Services
Construction ManagementConstruction
Construction ManagementConstructionConsumer ServicesRepair Services
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