How Much Did Custom Underground Raise?
Funding & Key Investors

Custom Underground has successfully secured a significant capital injection, bringing its total funding to $350K. This latest round, characterized by a $350K major strategic investment, underscores the firm's robust position within the critical infrastructure sector. By leveraging this financial backing, the company aims to solidify its operational footprint across its four-state service territory in the Midwest.

What is Custom Underground?

Custom Underground
ConstructionCivil Engineering Construction

Custom Underground operates as a specialized provider of utility construction services, maintaining a comprehensive portfolio that includes directional boring, underground construction, and advanced fiber optic and copper splicing. With a legacy spanning over four decades, the firm distinguishes itself through a commitment to internal quality control, notably by performing all splicing work in-house rather than relying on subcontractors. As a woman-owned enterprise, the company utilizes state-of-the-art hydrovac excavation and utility technology to serve the complex needs of Central and Northern Illinois and the surrounding regions.

How much funding has Custom Underground raised?

Custom Underground has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Custom Underground

PPP

Public-Private Partnership

What's next for Custom Underground?

With the infusion of this capital, Custom Underground is positioned to scale its technical capabilities and expand its service capacity. The strategic focus will likely center on upgrading its fleet of specialized equipment and enhancing its fiber optic deployment capabilities to meet the rising demand for high-speed connectivity infrastructure. By maintaining its rigorous safety standards and operational independence, the company is well-equipped to navigate the capital-intensive landscape of utility construction, ensuring long-term sustainability and market leadership in the regional infrastructure development space.

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Frequently Asked Questions Regarding Custom Underground Financial Insights

What are the most recent funding rounds that Custom Underground has completed, and what were the funding rounds?
Custom Underground has recently completed 1 funding rounds: Debt on Apr 4, 2020.
What is the total amount of funding Custom Underground has raised to date?
Custom Underground has raised a total of $350K in funding to date.
How many funding rounds has Custom Underground completed?
Custom Underground has completed 1 funding rounds.
How much funding did Custom Underground raise in its most recent funding round?
Custom Underground raised $350K in its most recent funding round.
Who are the lead investors in Custom Underground's latest funding round?
The lead investor in Custom Underground'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 Custom Underground's history?
The largest funding round in Custom Underground's history was $350K.
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