The Boring Company
Founded Year
2016Stage
Series C | AliveTotal Raised
$907.52MValuation
$0000Last Raised
$675M | 2 yrs agoAbout The Boring Company
The Boring Company specializes in the development of transportation infrastructure through the construction of tunnels. It offers an underground public transportation system called Loop, and tunneling equipment named Prufrock, aimed at accelerating infrastructure projects. The company primarily serves sectors that require solutions for transportation, utility, and freight infrastructure. 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 3 CB Insights research briefs, most recently on Jul 12, 2022.
Expert 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
1,404 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
1,244 items
The Boring Company Patents
The Boring Company has filed 2 patents.
The 3 most popular patent topics include:
- electrical engineering
- electrical generators
- mechanical power control
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
1/19/2022 | 4/16/2024 | Mechanical power control, Electrical engineering, Mechanical power transmission, Electrical generators, Transformers (electrical) | Grant |
Application Date | 1/19/2022 |
|---|---|
Grant Date | 4/16/2024 |
Title | |
Related Topics | Mechanical power control, Electrical engineering, Mechanical power transmission, Electrical generators, Transformers (electrical) |
Status | Grant |
Latest The Boring Company News
Sep 16, 2024
The Boring Company teases Prufrock 5 tunnel boring machine Published: The Boring Company recently teased its Prufrock 5 tunnel boring machine (TBM) in a recent X post. Elon Musk’s tunneling company recently posted pictures on X showcasing Prufrock 4’s lighting test inside the Boring Factory. However, in the corner of one of the photos, hidden in the dark, is a glimpse of Prufrock 5. The Boring Company’s Prufrock 5 TBM hasn’t been on the field yet. However, the pictures show it is almost ready for initial tests. Meanwhile, Prufrock 4 is nearly ready to go on its first mission. In August, The Boring Company started tests on Prufrock 4 at its factory in Bastrop, Texas. According to the tunneling company, Prufrock 4 is 308 feet long and weighs 797,000 pounds. It also produces up to 4.7 million pounds of thrust. Prufrock-4 lighting test inside Boring Factory, with a subtle cameo by Prufrock-5. pic.twitter.com/lfOT6sWNJB Then there is Prufrock 3, which recently broke through its first completed tunnel in Las Vegas . Before Sin City, the third iteration of Prufrock finished digging the Cybertunnel at Giga Texas. Prufrock 3 is keeping busy while its siblings are back in Texas. Its next launch is already scheduled for October 30. “Prufrock is a next-generation Tunnel Boring Machine designed to construct mega-infrastructure projects in a matter of weeks instead of years, and at a fraction of the cost. The current iteration of Prufrock, called Prufrock-2, is designed to mine at up to 1 mile/week, meaning a tunnel the length of the Las Vegas strip (approximately 4 miles) can be completed in a month,” noted TBC at the time. If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101. The Boring Company teases Prufrock 5 tunnel boring machine <!–
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 8VC, K5 Global Technology, Craft Ventures, Valor Equity Partners, VY Capital and 9 more.
Who are The Boring Company's competitors?
Competitors of The Boring Company include EarthGrid and 8 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 specializes in advanced infrastructure development using plasma tunnel-boring technology within the construction and utilities sectors. The company offers innovative excavation solutions that enable tunneling through hard rock. EarthGrid primarily serves industries such as telecommunications, internet, renewable energy, wastewater management, transportation, and logistics. It was founded in 2016 and is based in Richmond, California.
Boltu Robotics is a company focused on the development of autonomous technology, specifically within the transportation industry. Their main product is an autonomous delivery vehicle designed to transport goods without human intervention. It was founded in 2020 and is based in Redmond, Washington.
CST Utilities specializes in a range of utility services within the plumbing and utility sectors. The company offers comprehensive solutions including septic system installation, sewer and water line services, and high-pressure jetting for residential, commercial, and industrial clients. CST Utilities primarily serves sectors such as residential property management, commercial construction, and telecom infrastructure. It was founded in 1970 and is based in Grove City, Ohio.
West Valley Construction specializes in underground utility construction within the infrastructure sector. The company offers installation and maintenance services for essential utilities including water, sewer, power, gas, and telecommunications. West Valley Construction primarily serves private and public utility providers. It was founded in 1958 and is based in Campbell, California.
Slayden Constructors is a leader in the heavy civil construction industry with a focus on water and wastewater infrastructure projects. They offer services such as building and renovating water treatment facilities, implementing alternative delivery contracting methods, and ensuring safety and cost-efficiency on construction sites. Slayden primarily serves sectors that require robust water infrastructure, such as municipalities and environmental services. It is based in Stayton, Oregon.
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