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Data Center News > Blog > Investments > Shovels Raises $5M in Seed Funding
Investments

Shovels Raises $5M in Seed Funding

Last updated: June 10, 2025 6:13 pm
Published June 10, 2025
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Shovels, a San Francisco, CA-based AI-powered constructing insights and analytics platform, closed a $5M seed funding spherical.

The spherical, which introduced complete funding to $6.5M, was led by Base10 Companions.

The corporate intends to make use of the funds to develop its knowledge infrastructure to additional improve accuracy, enhance replace frequency, and improve geographic protection.

Based in 2022 by Ryan Buckley, Shovels leverages its proprietary AI expertise to systematically clear, enrich, and standardize constructing allow and contractor knowledge, turning fragmented information into coherent, actionable data. Shovels aggregates and analyzes public authorities knowledge from all 20,000 constructing allow jurisdictions throughout the nation, with a imaginative and prescient to increase to each metropolis within the nation to distribute this knowledge to personal corporations, researchers, and authorities companies themselves.

FinSMEs

10/06/2025

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See also  Invent Analytics Raises $17M in Funding
TAGGED: Funding, Raises, Seed, shovels
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