# The Boring Company

**Source:** https://www.startuphub.ai/startups/the-boring-company
**Profile type:** Startup

> Tunnel construction and infrastructure company developing underground transportation systems to alleviate urban traffic congestion.

## About

The Boring Company creates safe, fast-to-dig, and low-cost transportation, utility, and freight tunnels to solve traffic congestion and enable rapid point-to-point transportation. Their core product is the "Loop" system, an all-electric, zero-emissions underground public transportation system for passengers. They also develop tunneling technology like "Prufrock" to accelerate infrastructure projects.

## Key facts

- **Slug:** the-boring-company
- **Website:** https://www.boringcompany.com
- **Location:** Bastrop, Texas, United States
- **Founded:** 2017-01-11
- **Employees:** 686
- **Operating status:** Active
- **Total funding:** $4.9B
- **Sectors / tags:** Tunneling Infrastructure, Construction, Transportation, Urban Mobility, Public Transit, Infrastructure Development, Tunnel Boring Machines, Autonomous Vehicles, Electric Vehicles, Civil Engineering
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/tbc-theboringcompany
  - Twitter: https://x.com/boringcompany
  - Facebook: http://www.facebook.com/2008

## Frequently asked

### What does The Boring Company do?

The Boring Company creates safe, fast-to-dig, and low-cost transportation, utility, and freight tunnels to solve traffic congestion and enable rapid point-to-point transportation. Their core product is the "Loop" system, an all-electric, zero-emissions underground public transportation system for passengers. They also develop tunneling technology like "Prufrock" to accelerate infrastructure projects.

### What is The Boring Company's valuation?

StartupHub estimates The Boring Company's effective valuation at $20.1B (range $14.1B to $26.2B, 40% confidence), based on comparable companies in the sector.

### How much funding has The Boring Company raised?

The Boring Company has raised a total of $4.9B in funding. The most recent round on record is Funding Round.

### Where is The Boring Company headquartered?

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

### When was The Boring Company founded?

The Boring Company was founded in 2017.

### What industry does The Boring Company operate in?

The Boring Company operates in Tunneling Infrastructure, Construction, Transportation, Urban Mobility, Public Transit, Infrastructure Development.

### How many employees does The Boring Company have?

The Boring Company has approximately 686 people on record.

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