What is Underground Systems?
Established in 1991 and headquartered in Buford, Georgia, Underground Systems has evolved into a prominent provider of underground utility services. The company offers a comprehensive suite of solutions including horizontal directional drilling, directional boring, and the installation of fiber optics, gas, electric, sewer, and trenchless waterlines. Their expertise extends to missile boring, conduit installation, road and parking lot bores, duct rodding, vibratory plow/direct bury services, fiber pulling, and duct bank construction. Despite its growth from a small business, Underground Systems maintains a commitment to a personalized, small-business feel, with owners actively involved in daily operations. The company serves a diverse clientele, including major communication and utility firms like Zayo Group, AT&T, ElectriCom, Charter Communications, Comcast, Google, Verizon Wireless, and Sprint Corporation, as well as prominent construction companies such as Reeves Young and Brasfield & Gorrie, and municipal entities like the City of Cumming Sewer and Water and the City of Sugar Hill Gas.
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?
With the recent influx of capital, Underground Systems is poised to enhance its operational capabilities and potentially expand its service offerings and geographic reach. The company's focus on essential infrastructure, particularly in the burgeoning fiber optic and utility sectors, aligns with current market demands. This strategic investment will likely fuel further development in trenchless technology and support the company's ongoing projects with major telecommunications and utility providers across Georgia and the broader Metro Atlanta area. The company's commitment to client satisfaction and its deep operational experience suggest a trajectory of sustained growth and market leadership.
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