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Underline

Underline

Private
Dallas, TexasTelecommunications & Networkinghttps://www.underline.com/

Last Round

VC Round

Sep 20, 2022

Total Funding Raised

$7.46M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Underline is a telecommunications company that designs, finances, constructs, and operates open-access community fiber optic networks to provide high-speed internet and intelligent infrastructure to American communities.

Sector

Telecommunications & Networking

Verticals

Fiber Networks, Internet Providers

Business Model

B2B2C

Customer Profile

Subscription SaaS, Revenue Share

AI Layer

Non-AI

Keywords

open-access fiberfiber-to-the-premisesFTTPbroadband infrastructuremunicipal broadbandwholesale fiberisp marketplacefiber carrierhigh-speed internetsmart city infrastructurelast mile fiberneutral host networktelecom infrastructuredigital divide

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Underline Comparables

Compare Underline with similar companies based on industry and business-model similarity.

Underline comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Intrepid Fiber Networks
90%
Ubiquity
89%
SiFi Networks
87%

Underline Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundSep 20, 2022
Series AAug 9, 2022

Key People

Founding team and executive leadership

Bob Thompson

Founder CEO

Founding Team

Underline Investors

Notable investors and investment history

Underline investors
InvestorRounds
Fantail VenturesSeed
FinTech CollectiveVC Round, Series A, Seed
Ares Management CorporationVC Round, Series A
Rethink Capital PartnersSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 24, 2026

    Monthly visitors increased 82% MoM, reaching 71.1K.

  • Oct 1, 2025

    Secured Fountain, Colorado as a customer for fiber-optic network project.

Underline Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Underline Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Underline's valuation, stock price, and market status.

Firmographic Details

HeadquartersDallas, Texas
Employee Range68
Year Founded2019
Last FundingSep 20, 2022

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