How Much Did Precision Directional Boring Raise?
Funding & Key Investors

Precision Directional Boring has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant investment underscores the company's established position in the underground infrastructure sector and its ongoing expansion efforts. The context of this large-scale, late-stage funding suggests a focus on scaling operations and potentially exploring new market opportunities or technological advancements within its specialized service areas.

What is Precision Directional Boring?

Precision Directional Boring
ConstructionCivil Engineering Construction

Precision Directional Boring is a prominent provider of comprehensive underground solutions, established in 2000. The company offers a wide array of services including EV charging system installation, civil concrete construction, wet utilities, auger boring, horizontal directional drilling (HDD), gas distribution, and power infrastructure development. Serving key industries such as power infrastructure, gas distribution, and environmental services, Precision Directional Boring prioritizes safety, innovation, and sustainability. Their operational focus spans Northern California, aiming to set industry standards through a blend of extensive experience and technological integration, balancing cutting-edge advancements with stringent safety protocols.

How much funding has Precision Directional Boring raised?

Precision Directional Boring has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Precision Directional Boring?

With the recent influx of major strategic investment, Precision Directional Boring is poised for accelerated growth and enhanced service delivery. The company's late-stage funding context suggests a strategic push to solidify its market leadership, potentially through expanding its service footprint, investing in advanced drilling technologies, or increasing its capacity to manage larger, more complex infrastructure projects. This capital infusion is expected to bolster their capabilities in critical sectors like power and gas distribution, reinforcing their commitment to sustainable practices and operational excellence across Northern California.

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Frequently Asked Questions Regarding Precision Directional Boring Financial Insights

What are the most recent funding rounds that Precision Directional Boring has completed, and what were the funding rounds?
Precision Directional Boring has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Precision Directional Boring has raised to date?
Precision Directional Boring has raised a total of $350K in funding to date.
How many funding rounds has Precision Directional Boring completed?
Precision Directional Boring has completed 1 funding rounds.
How much funding did Precision Directional Boring raise in its most recent funding round?
Precision Directional Boring raised $350K in its most recent funding round.
Who are the lead investors in Precision Directional Boring's latest funding round?
The lead investor in Precision Directional Boring's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Precision Directional Boring's history?
The largest funding round in Precision Directional Boring's history was $350K.
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