What is Digg-it.com?
Digg-it.com operates within the Commercial & Residential Construction industry, employing between 10 to 19 individuals and generating revenues in the range of $1M to $5M. Headquartered in Moosic, Pennsylvania, the company's focus is on providing services that support construction projects. The company's history includes significant debt financing, indicating a strategy focused on operational funding and expansion rather than equity-based venture capital.
How much funding has Digg-it.com raised?
Digg-it.com has raised a total of $313K across 2 funding rounds:
Debt
$150K
Debt
$163K
Debt (2020): $150K with participation from PPP
Debt (2021): $163K led by PPP
Key Investors in Digg-it.com
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Digg-it.com?
The substantial debt financing secured by Digg-it.com suggests a focus on sustained operational capacity and potential for asset acquisition or project scaling. As a company in the construction sector, this type of capital infusion is often directed towards expanding fleet, acquiring new equipment, or funding larger contracts. The 'large-scale late-stage funding' context, coupled with the debt instruments, points towards a mature operational phase where consistent financial backing is crucial for maintaining and growing market share. Future strategic moves will likely involve leveraging this financial stability to pursue larger commercial and residential projects, potentially expanding their service area or capabilities.
See full Digg-it.com company page
