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THE BORING COMPANY
The Boring Company
Infrastructure / tunnel construction · Bastrop, Texas · United States · Founded · 2017 · ≈ · 400 · employees

The Boring Company Funding — Last Valued at $20B

Private

The Boring Company has raised $7.9B across 3 funding rounds, plus 3 undated rounds. The latest round valued The Boring Company at $20B rumored.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
The Boring Company funding · at a glance
Total raised, all rounds
$7.9B
sum of disclosed sizes
Funding rounds
3
plus 3 undated rounds
Latest round
$20B
rumored · Jul 2026
Lead on that event
not disclosed
2026
About The Boring Company

The Boring Company raised a $675 million Series C round in April 2022, led by Vy Capital and Sequoia Capital, valuing the company at about $5.675 billion. It has since announced a further $3 billion Series D round.

Funding timeline

The The Boring Company funding timeline

3 funding rounds, the latest highlighted.

2017
The Boring Company founded

The Boring Company was founded in 2017, United States.

UNDATED
Series A, Series D, Secondary sale

No date is disclosed for this round.

JUN 2019
Series B (outside funding)

First substantial outside funding; no valuation published. $120M raised.

Valuation basisAmount$120MPrice / shareLead
APR 2022
Series C at $5.7B post-money

Invited institutions: Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, DFJ Growth. $675M raised, led by Vy Capital, Sequoia Capital.

Valuation basispost-moneyAmount$675MPrice / shareLeadVy Capital, Sequoia Capital
JUL 2026LATEST
Series Funding Round at $20B rumored

A primary round — the company sells new shares to investors it selects. $4B raised.

Valuation basisrumoredAmount$4BPrice / shareLead
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

The Boring Company funding rounds in full

3 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series Funding Round LATEST
Jul 2026
$4B
$20Brumored
—
—
—
Series C
Apr 2022
$675M
$5.7Bpost-money
—
Vy Capital, Sequoia Capital
invited institutions: Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, DFJ Growth
Series B (outside funding)
Jun 2019
$120M
—
—
—
first substantial outside funding; no valuation published
Series A
—
$113M
—
—
Elon Musk
Majority funded by Elon Musk with supplemental merchandise sales revenue
Series D
—
$3B
$23Bpost-money
—
United Arab Emirates
Other key investors: Human Capital, Vy Capital, Valor Equity Partners, Sequoia Capital, Andreessen Horowitz, Temasek, Shamal Holding, Baron Capital
Secondary sale
—
$8.5M
—
—
—
Secondary share transaction to provide continued liquidity
The Boring Company · investors

Investors

UUnited Arab EmiratesLEADEElon MuskLEADVVy CapitalLEADSSequoia CapitalLEADVValor Equity PartnersFounders Fund8VCCraft VenturesDDFJ Growth

Frequently asked questions

Is The Boring Company publicly traded?›

No. The Boring Company is a private company; its shares do not trade on a public exchange.

What is The Boring Company's valuation?›

The last valuation is $20B (rumored, Jul 2026).

Who has invested in The Boring Company?›

Lead investors for each round are in the funding timeline.

Who are The Boring Company's competitors?›

The closest infrastructure / tunnel construction peers are on the competitors page.

How can I get exposure to The Boring Company?›

The routes section explains what is realistically available for a company at this stage.

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