The Boring Company

The Boring Company creates safe, fast-to-dig, and low-cost transportation, utility, and freight tunnels.

General Information
Company Name
The Boring Company
Founded Year
2016
Location (Offices)
Bastrop, United States +1
Founders / Decision Makers
Number of Employees
511
Industries
Transportation, Construction
Funding Stage
Secondary Market
Social Media

The Boring Company - Company Profile

The Boring Company is a transportation and construction startup founded in 2016. The company's slogan "The Boring Company creates safe, fast-to-dig, and low-cost transportation, utility, and freight tunnels" reflects its aim to revolutionize urban transportation. The company envisions a network of tunnels, several levels deep, to alleviate congestion in cities. It aims to increase tunneling speed and reduce costs by a factor of 10, making Hyperloop adoption viable and enabling swift transit between densely populated regions. The last known investment in the company was a Secondary Market investment on 23 October 2023. As of now, there is no information available on the specific investors. The Boring Company's innovative approach to addressing urban transportation challenges marks it as a potentially disruptive force in the transportation and construction industries.

Taxonomy: Tunnel Construction, Transportation Network, Urban Transportation, Hyperloop Adoption, Traffic Solution, Urban Development, Underground Transit, Rapid Transit, Tunneling Technology

Funding Rounds & Investors of The Boring Company (4)

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Funding Stage Amount No. Investors Investors Date
Secondary Market Unknown - 23 Oct 2023
Series C $675.00M 9 Sequoia Capital 20 Apr 2022
Series B $120.00M 1 25 Jul 2019
Series A $113.00M - 16 Apr 2018

Latest News of The Boring Company

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No recent news or press coverage available for The Boring Company.

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