What is Shovels?
Founded in 2022 by Ryan Buckley and Luka Kacil, Shovels operates as an AI-powered building permit intelligence platform. The company addresses the systemic inefficiencies inherent in local government data, which is often fragmented and difficult to parse. Through its proprietary AI infrastructure, Shovels automates the extraction, enrichment, and classification of permit data, effectively transforming raw bureaucratic records into actionable business intelligence. This capability allows stakeholders to identify market trends, track competitor activity, and accelerate project timelines with unprecedented precision. As the construction industry undergoes a digital transformation, Shovels serves as a vital bridge between public sector data and private sector execution.
How much funding has Shovels raised?
Shovels has raised a total of $5M across 1 funding round:
Seed
$5M
Seed (2025): $5M with participation from Base10 Partners
Key Investors in Shovels
Base10 Partners
Base10 is a technology investment firm focused on investing in founders who address challenges faced by the majority of the population, with a specific emphasis on driving automation in the real economy.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Shovels?
With this major enterprise-level funding, Shovels is poised to scale its operations and deepen its technological moat. The company is expected to focus on expanding its geographic coverage, integrating more municipal datasets, and enhancing its predictive analytics suite. By leveraging this capital, the firm aims to solidify its role as the primary source of truth for construction market intelligence. Future growth will likely center on strategic partnerships with large-scale developers and enterprise software providers, further embedding Shovels into the core workflows of the real estate and construction sectors. The focus remains on scaling the platform to meet the demands of a data-hungry market while maintaining the integrity and accuracy of its proprietary classification models.
See full Shovels company page
