The Boring Company

Fast, affordable underground transit that reimagines the city —
a private infrastructure company held off public markets

Why we invest

Building the arteries
of the future city

The Boring Company attacks one of the oldest problems in cities —
congestion — with a radically simpler, cheaper approach to
tunneling and transit.

Faster, cheaper tunneling machines make underground networks economically viable where they were never feasible before.

The Loop already carries passengers daily, proving the model works and de-risking every future city network.

Each completed project is the blueprint for the next, allowing capital-efficient expansion from pilot to city-wide systems.

Shared technology and autonomous operations connect The Boring Company to the wider transportation ecosystem.

Founded in 2016

Loop transit systems

100% privately held equity

Why The Boring Company is a core
holding in our portfolio.

Reimagining congestion

Attacking urban gridlock with fast, affordable
underground networks that bypass surface traffic
entirely.

Capital-efficient scaling

Proving the model project by project — from a single
tunnel to city-wide Loop networks, capital goes further
with every milestone.

Durable infrastructure demand

Transportation infrastructure is a multi-decade asset
class, and every city on Earth is a potential
customer.

Access the world's best
private companies with us

Private markets reward patient capital. Join us in backing the founders
building the defining companies of the next generation.