The Boring Company
Boring, it's what we do.
Pflugerville, United States · Founded 2016 · $233.0M raised
- Headquarters
- Pflugerville, Texas
- Employees
- 201–500
- Founded
- 2016
- Business Model
- B2B
- Website
- boringcompany.com
- Total Funding
- $233.0M
- Last Round
- $120.0M Series BJul 2019
- Rounds
- 2
About
The Boring Company (TBC) designs, builds, and operates all-electric underground Loop transportation tunnels to solve urban traffic congestion. Founded by Elon Musk in 2016, TBC developed Prufrock, a tunneling machine capable of boring 1 mile per week — up to 6x faster than its predecessor. The company operates the Las Vegas Convention Center (LVCC) Loop with demonstrated peak capacity exceeding 4,500 passengers per hour, and has begun tunneling for Nashville's Music City Loop. TBC's mission is to enable rapid, point-to-point underground transit that can scale with any city's growth by adding additional tunnel levels.
Summary
The Boring Company is a Climate Tech company based in Pflugerville, United States, founded in 2016. It has raised $233.0M in total across 2 rounds, most recently a $120.0M Series B round in Jul 2019. Investors include Elon Musk, 8VC and Vy Capital.
Tech & App Stack
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Funding History
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Jul 2019
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Series A through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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