Shovels Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 11

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 11

Shovels General Information

Description

Developer of a permit intelligence platform designed to provide structured construction and contractor data. The company's platform offers an artificial intelligence search assistant, a permit database, a contractor graph, infrastructure analytics, api access, and data warehouse integrations, enabling telecommunications and real estate firms to identify market opportunities and monitor competitor activity.

Contact Information

Website
www.shovels.ai
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 3515 Mount Diablo Boulevard
  • Unit Number 51
  • Lafayette, CA 94549
  • United States
+1 (800)
Primary Industry
Business/Productivity Software
Other Industries
Information Services (B2C)
Media and Information Services (B2B)
Database Software
Corporate Office
  • 3515 Mount Diablo Boulevard
  • Unit Number 51
  • Lafayette, CA 94549
  • United States
+1 (800)

Shovels Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Shovels Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC 01-Oct-2026 Completed Generating Revenue
2. Seed Round 10-Jun-2025 Completed Generating Revenue
1. Seed Round 01-Jun-2023 $1.68M $1.68M Completed Generating Revenue
To view Shovels’s complete valuation and funding history, request access »

Shovels Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Seed-1
Seed-2
To view Shovels’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Shovels Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Shovels Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
1121.vc Venture Capital Minority
Base10 Partners Venture Capital Minority
Virta Ventures Venture Capital Minority
Cool Climate Collective Angel Group Minority
FN Fund Venture Capital Minority
You’re viewing 5 of 11 investors. Get the full list »

Shovels Acquisitions (1)

Shovels’s most recent deal was a Merger/Acquisition with ReZone AI. The deal was made on 07-Jan-2026.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ReZone AI 07-Jan-2026 Merger/Acquisition Business/Productivity Software
To view Shovels’s complete acquisitions history, request access »

Shovels FAQs

  • When was Shovels founded?

    Shovels was founded in 2022.

  • Where is Shovels headquartered?

    Shovels is headquartered in Lafayette, CA.

  • What is the size of Shovels?

    Shovels has 11 total employees.

  • What industry is Shovels in?

    Shovels’s primary industry is Business/Productivity Software.

  • Is Shovels a private or public company?

    Shovels is a Private company.

  • What is Shovels’s current revenue?

    The current revenue for Shovels is .

  • How much funding has Shovels raised over time?

    Shovels has raised $8.25M.

  • Who are Shovels’s investors?

    1121.vc, Base10 Partners, Virta Ventures, Cool Climate Collective, and FN Fund are 5 of 11 investors who have invested in Shovels.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process