How much funding has The Boring Company raised?

The Boring Company has raised $233.0M in total funding, most recently a Series B round.

Who are The Boring Company's investors?

The Boring Company's investors include Elon Musk, 8VC, Vy Capital, Craft Ventures, Valor Equity Partners, DFJ.

When was The Boring Company founded?

The Boring Company was founded in 2016.

Where is The Boring Company headquartered?

The Boring Company is headquartered in Pflugerville, Texas, United States.

What industry is The Boring Company in?

The Boring Company operates in Climate Tech, Cloud, Construction Tech, Mobility, Construction.

How many employees does The Boring Company have?

The Boring Company has 201-500 employees.

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.

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