What is Precision Directional Boring?
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:
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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