What is SOIL X?
Established in 1968, SOIL X, Corp operates as a specialized provider of geotechnical borings and exploratory drilling services. The firm serves as a critical partner for construction and engineering entities, delivering high-fidelity subsurface data that is essential for project safety and structural integrity. Through a commitment to technical mastery and operational excellence, the company has cultivated a reputation for reliability in complex soil exploration. Their market position is defined by a long-standing history of competence, providing the foundational intelligence required for large-scale infrastructure development and site assessment.
How much funding has SOIL X raised?
SOIL X has raised a total of $1.8M across 4 funding rounds:
Debt
$150K
Debt
$186K
Debt
$100K
Debt
$1.4M
Debt (2020): $150K with participation from PPP
Debt (2021): $186K led by PPP
Debt (2024): $100K supported by M&T Bank
Debt (2026): $1.4M featuring SouthState Bank
Key Investors in SOIL X
SouthState Bank
A prominent regional financial institution providing commercial banking services and strategic debt financing to support corporate growth initiatives.
M&T Bank
A diversified financial services company offering comprehensive commercial lending solutions tailored to the needs of established industrial and engineering firms.
PPP
Public-Private Partnership
What's next for SOIL X?
With the recent influx of capital, SOIL X is positioned to scale its technical capabilities and expand its footprint in the subsurface exploration market. The company is expected to prioritize the modernization of its drilling fleet and the integration of advanced data analytics to enhance the precision of its geotechnical reporting. As the demand for rigorous site analysis grows in tandem with urban development and infrastructure renewal, SOIL X will likely leverage this financing to optimize its service delivery models, ensuring that it remains the preferred partner for high-stakes engineering projects requiring deep subsurface insights.
See full SOIL X company page
