How Much Did Davis Underground Solutions Raise?
Funding & Key Investors

Davis Underground Solutions (DUGS), a specialist in Horizontal Directional Drilling for underground utility conduit installation, has secured significant capital, with total funding reaching $108K. The company recently announced a major strategic investment of $108K, underscoring its established position in the market and its capacity for further expansion. This latest financing round signals a pivotal moment for DUGS as it continues to serve commercial and residential clients across the Southeastern United States.

What is Davis Underground Solutions?

Davis Underground Solutions
ConstructionCivil Engineering ConstructionConstruction Management

Founded over two decades ago and based in Atlanta, GA, Davis Underground Solutions is a family-owned and woman-owned small business renowned for its innovative Horizontal Directional Drilling (HDD) technology. DUGS excels in the minimal-disturbance installation of essential underground utilities, including water, sewer, gas, fiber/telecom, and electrical services. Their expertise spans a wide project spectrum, from extensive data center duct banks to more localized residential installations, offering economical and efficient construction solutions.

How much funding has Davis Underground Solutions raised?

Davis Underground Solutions has raised a total of $108K across 1 funding round:

2021

Debt

$108K

Debt (2021): $108K with participation from PPP

What's next for Davis Underground Solutions?

The substantial late-stage capital infusion, including the recent strategic investment, positions Davis Underground Solutions for accelerated growth and enhanced operational capabilities. This backing is expected to fuel advancements in their HDD technology, potentially expanding their service reach and capacity to undertake larger, more complex infrastructure projects. DUGS' commitment to providing cost-effective and environmentally conscious underground installation services is set to be further amplified, solidifying their role as a key player in the utility construction sector.

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Frequently Asked Questions Regarding Davis Underground Solutions Financial Insights

What are the most recent funding rounds that Davis Underground Solutions has completed, and what were the funding rounds?
Davis Underground Solutions has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding Davis Underground Solutions has raised to date?
Davis Underground Solutions has raised a total of $108K in funding to date.
How many funding rounds has Davis Underground Solutions completed?
Davis Underground Solutions has completed 1 funding rounds.
How much funding did Davis Underground Solutions raise in its most recent funding round?
Davis Underground Solutions raised $108K in its most recent funding round.
Who are the lead investors in Davis Underground Solutions's latest funding round?
The lead investor in Davis Underground Solutions'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 Davis Underground Solutions's history?
The largest funding round in Davis Underground Solutions's history was $108K.
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