The Boring Company
Founded Year
2016Stage
Series C | AliveTotal Raised
$907.52MValuation
$0000Last Raised
$675M | 3 yrs agoRevenue
$0000About The Boring Company
The Boring Company specializes in the construction of tunnels for transportation, utilities, and freight within the infrastructure sector. Its main offerings include the development of tunnels aimed at addressing urban traffic congestion, as well as the creation of an underground public transportation system. The company primarily serves urban areas looking to implement subterranean transportation solutions. It was founded in 2016 and is based in Bastrop, Texas.
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Research containing The Boring Company
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned The Boring Company in 1 CB Insights research brief, most recently on Jul 12, 2022.
Jul 12, 2022 report
State of Venture Q2’22 ReportExpert Collections containing The Boring Company
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
The Boring Company is included in 2 Expert Collections, including Construction Tech.
Construction Tech
1,490 items
Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more
Unicorns- Billion Dollar Startups
1,276 items
The Boring Company Patents
The Boring Company has filed 2 patents.
The 3 most popular patent topics include:
- electrical engineering
- electrical generators
- electromagnetism
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
1/19/2022 | 4/16/2024 | Electrical engineering, Mechanical power control, Mechanical power transmission, Electrical generators, Electromagnetism | Grant |
Application Date | 1/19/2022 |
|---|---|
Grant Date | 4/16/2024 |
Title | |
Related Topics | Electrical engineering, Mechanical power control, Mechanical power transmission, Electrical generators, Electromagnetism |
Status | Grant |
Latest The Boring Company News
Jul 9, 2025
Steve Davis left DOGE in May, but officials say he’s still running the show Though he officially left the U.S. government in May, Steve Davis — Elon Musk’s low-flying former top lieutenant at the Department of Government Efficiency — continues to wield influence at DOGE, according to the WSJ . The outlet says Davis, who is a longtime Musk ally and insider, regularly gives directions to current DOGE officials and has privately dismissed his departure as “fake news.” TechCrunch reached out earlier Wednesday to The Boring Company, Musk’s tunneling company where Davis has held the president role, for comment. This behind-the-scenes involvement suggests that Davis — who is reportedly so frugal that he has sometimes signed off on costs as low as a few hundred dollars , and so loyal to Musk that he reportedly slept in the offices of X with his wife and newborn child after Musk took over the social media platform — remains more engaged than outsiders might realize. Given Musk’s exit and his ongoing feud with President Trump, Davis’s influence has created internal tension, adds the Journal, with staffers reportedly facing loyalty tests between Trump and Musk in closed meetings as the department battles White House efforts to shrink its power. The outlet cites current and former officials who say Musk allies want to establish “DOGE 2.0,” focusing on government IT systems rather than job cuts, but adds there are critics who believe the team’s continued involvement serves primarily to benefit Musk’s business interests, including SpaceX, Tesla, and X. Topics
The Boring Company Frequently Asked Questions (FAQ)
When was The Boring Company founded?
The Boring Company was founded in 2016.
Where is The Boring Company's headquarters?
The Boring Company's headquarters is located at 130 Walker Watson Road, Bastrop.
What is The Boring Company's latest funding round?
The Boring Company's latest funding round is Series C.
How much did The Boring Company raise?
The Boring Company raised a total of $907.52M.
Who are the investors of The Boring Company?
Investors of The Boring Company include K5 Global Technology, Valor Equity Partners, VY Capital, 8VC, Craft Ventures and 10 more.
Who are The Boring Company's competitors?
Competitors of The Boring Company include EarthGrid, HyperSciences, HyperTunnel, Shimmick, Pipedream Labs and 7 more.
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Compare The Boring Company to Competitors
HyperTunnel focuses on the underground construction industry it uses of artificial intelligence, machine learning, and swarm robotics. The company offers a new approach to building tunnels and underground schemes that is faster, safer, more cost-effective, and more sustainable than traditional methods. HyperTunnel primarily serves sectors such as mining, transport, utilities, and underground assets. It was founded in 2018 and is based in Hampshire, United Kingdom.
EarthGrid focuses on tunneling solutions within the infrastructure development sector. The company provides plasma tunnel-boring technology that allows for excavation for various utilities such as energy, telecommunications, and water. EarthGrid's services target industries including renewable energy, transportation, and logistics. EarthGrid was formerly known as Red Gopher. It was founded in 2016 and is based in Richmond, California.
Swisspod Technologies develops fully-electric Hyperloop pods. The company creates pods designed for travel between distant cities. Swisspod serves the transportation technology sector. It was founded in 2019 and is based in Monthey, Switzerland.
KTC Group operates as a civil engineering and infrastructure development company. It provides civil infrastructure development, earthwork operation, and mining service. The company was founded in 1988 and is based in Union, New Jersey.
Petra is a robotics company specializing in the undergrounding of utilities within the infrastructure sector. Its main offering is an innovative robot capable of boring utility tunnels through high-grade hard rock, designed to be practical and affordable for disaster-prone areas. The company aims to enhance community safety by making utility undergrounding a widespread and economically feasible option. It was founded in 2013 and is based in San Francisco, California.
Schnabel Engineering specializes in geotechnical, dam, and tunnel engineering projects across various sectors. The company offers a range of services including engineering analysis, design, construction support, risk management, and environmental solutions. Schnabel Engineering primarily serves sectors such as government, power and energy, transportation, and water infrastructure. It was founded in 1956 and is based in Glen Allen, Virginia.
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