Startup · United States
The Boring Company
HQ Bastrop, Texas51-200 employeesUpdated
The Boring Company builds safe, fast-to-dig, low-cost transportation, utility and freight tunnels — solving traffic with Loop, powered by the Prufrock tunnel boring machine.
Funding7 rounds · $3.00B
- Equity raised
- $3.00B
- Debt, secondaries & grants
- $8.5M
- Latest
- $3.00BSeries D · Sep 9, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | Series D | $3.00B | — | — | — | Reported |
| Mar 2, 2026 | Secondary | $8.5M | — | — | — | Reported |
| Jul 23, 2024 | Secondary | Undisclosed | — | — | — | Reported |
| Oct 23, 2023 | Secondary | Undisclosed | — | — | — | Reported |
| Apr 20, 2022 | Series C | Undisclosed | — | — | — | Speculative |
| Jul 19, 2019 | Series B | Undisclosed | — | — | — | Speculative |
| Apr 6, 2018 | Series A | Undisclosed | — | — | — | Speculative |
- Series D$3.00BSep 9, 2026
- Secondary$8.5MMar 2, 2026
- SecondaryUndisclosedJul 23, 2024
- SecondaryUndisclosedOct 23, 2023
- Series CSpeculativeUndisclosedApr 20, 2022
- Series BSpeculativeUndisclosedJul 19, 2019
- Series ASpeculativeUndisclosedApr 6, 2018
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems6
- Liner Truck 3An electric tunnel-liner segment hauler using Tesla battery and drive components.
- PrufrockA remotely controlled tunnel-boring machine family.
- Prufrock-3A tunnel-boring machine used for the Austin Cybertunnel project.
- Prufrock-MBA hard-rock tunnel-boring machine in the Prufrock family.
- The MonsterA transporter and retrieval structure for Prufrock tunnel-boring machines.
- Vertical Cassette 7A continuous conveyor for tunnel excavation material.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
People3
| Person | Role |
|---|---|
| Elon Musk | Founder |
| Arun Prakash | CFO |
| Steve Davis | Chief Executive Officer |
Sources7
Profile2
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "a33b133e-a2c9-4232-96f3-5614b6cb5bd9"}”
- 2CompanyThe Boring Company
The Boring Company · Supports Organization · description, Organization · name, Organization · website
“The Boring Company builds safe, fast-to-dig, low-cost transportation, utility and freight tunnels — solving traffic with Loop, powered by the Prufrock tunnel boring machine.”
Systems3
- 3
The Boring Company · Supports System
“Prufrock-MB ("Main Beam") is the hard-rock variant of Prufrock. It is designed for geologies where the natural rock itself is competent as the tunnel liner.”
- 4
The Boring Company · Supports System
“Supporting systems introduced in the same period include Liner Truck 3, an all-electric segment hauler based on Tesla Model 3 battery and drive units”
- 5CompanyTunnels — The Boring Company
The Boring Company · Supports System
“To construct the Cybertunnel, the Prufrock-3 boring machine “porpoised" out of the ground onto “The Monster” (large retrieval structure) inside the already-constructed factory”
Funding2
- 6
nasdaqprivatemarket.com · Supports Funding round, Organization · ownership
“Series B | Jul 19, 2019 | 117M”
- 7
Octen Business Search · Supports Funding round, Organization · employee range, Organization · hq city, Organization · hq region, Organization · linkedin url, Role
“funding round: Series D, 2026-09-09, USD 3,000,000,000, lead: United Arab Emirates”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.