Diggs Inc. Closes $13 Million Series A Funding To Scale Growth And Expand Product Offering
Jun 16, 2021•over 4 years ago
Amount Raised
$13 Million
Round Type
series a
Description
Diggs Inc. (Diggs), an industry leader in premium pet products, announced today that it closed a $13 million Series A investment round led by venn growth partners (“venn”) with backing by US-based Strand Equity (“Strand”). With its award-winning Revol Dog Crate, Diggs has reimagined a stagnant category and elevated both safety and design expectations within the pet industry. This is the first capital raise for Diggs and the funding will be allocated towards developing new products, diversifying marketing channels, recruiting talent for new positions across all business functions, and creating a first-of-its-kind product design and development facility in Long Island City.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech