Shovels Overview
- Year Founded
-
2022
- Status
-
Private
- Employees
-
11
- 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.aiCorporate Office
- 3515 Mount Diablo Boulevard
- Unit Number 51
- Lafayette, CA 94549
- United States
Corporate Office
- 3515 Mount Diablo Boulevard
- Unit Number 51
- Lafayette, CA 94549
- United States
Shovels Timeline
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 |
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 |
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.
Shovels Signals
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 |
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 |
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