Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Underground Solutions

Explore full profile

Underground Solutions, Inc.

Poway, United StatesFounded 2000Real Estate
Valuation $50–100M Last recorded · 2016
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Underground Solutions and the history behind them.

About Underground Solutions

In 2000, a new company called Underground Solutions, Inc. was founded with a focus on a critical, yet often overlooked, part of civil infrastructure: water and sewer pipelines. The company developed and patented a technology for fusible PVC pipes. This innovation allowed for the creation of a seamless, leak-free pipeline system, ideal for trenchless installation methods that avoided the massive disruption of digging up streets. The core of their business was providing these advanced pipeline solutions for water, sewer, and conduit applications. Their proprietary Fusible PVC® offered a distinct advantage for rehabilitating aging and failing pressure pipelines, a growing problem for municipalities across North America. By focusing on this niche, the company established itself as a leader in trenchless pipeline renewal, creating more effective and less disruptive alternatives to traditional replacement methods. By early 2016, the company's unique technology and market position had attracted a strategic buyer. Aegion Corporation, a leader in infrastructure protection, saw a perfect complement to its existing portfolio. In February 2016, Aegion announced it had acquired Underground Solutions for approximately $85 million. The acquisition was a strategic move for Aegion to significantly expand its presence in the pressure pipe rehabilitation market, combining its scale with the innovative PVC technology that Underground Solutions had pioneered.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2000
Headquarters
Poway, United States
Employees
123
Open positions
None listed
Dealroom signal
54.9/100
Industry
Real Estate
Sector
Real Estate
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jan 2016 $85M $85M Azuria Water Solutions —
SERIES C✓Equity / VC Jul 2014 $30M $120M Riverwood Capital —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Underground Solutions website traffic

Latest recorded traffic for Underground Solutions is 0 monthly website visits.

Latest monthly visits0
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Wynnefield Capital Advisors

Series B and later1 investor entered at this stage

  • Riverwood Capital

Other known investors1 additional known investor

  • Azuria Water Solutions
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Underground Solutions on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Underground Solutions’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.