What is Underground Systems?
Established in 1991 and headquartered in Buford, Georgia, Underground Systems specializes in horizontal directional drilling and underground utility installation. The company offers a comprehensive suite of services including fiber, gas, electric, sewer, and trenchless waterline installations. Their expertise extends to missile boring, conduit installation, road and parking lot bores, duct rodding, vibratory plow/direct bury, fiber pulling, and duct bank construction. Over its nearly three-decade history, Underground Systems has evolved from a small local business into a prominent name within the Metro Atlanta area, serving numerous commercial businesses, residential homes, city governments, and major communication and utility companies throughout Georgia. Notable clients include Zayo Group, AT&T, ElectriCom, Charter Communications, Comcast, Google, Verizon Wireless, and Reeves Young, among others. The company emphasizes maintaining a small-business feel while undertaking large-scale projects, with owners actively involved in daily operations.
How much funding has Underground Systems raised?
Underground Systems has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Underground Systems
PPP
Public-Private Partnership
What's next for Underground Systems?
The substantial backing, characterized as a large-scale late-stage funding, suggests Underground Systems is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel strategic initiatives such as fleet modernization, technological advancements in trenchless utility installation, and potentially geographic market expansion. The company's focus on core infrastructure services, particularly in fiber, gas, and electric, aligns with ongoing national investments in utility upgrades and broadband expansion. This strategic financing will enable Underground Systems to further solidify its market leadership and capitalize on the increasing demand for reliable underground infrastructure solutions.
See full Underground Systems company page
