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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.

  • Aug 20, 2026

    Monthly visitors grew 50% MoM, reaching 106.8K.

  • Jul 24, 2026

    Monthly visitors increased 82% MoM, reaching 71.1K.

Underline Filings

Explore SEC and related filing metadata, where available.

Underline filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Underline a public or private company?

Underline is a private company.

What is the current stock price of Underline?

Underline is a private company with no public stock price. No recent secondary market data is available.

How much is Underline worth (valuation)?

Valuation information for Underline is not publicly available.

Can I buy Underline stock?

Underline shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Underline's last funding round?

Underline's most recent funding round was Series A on August 9, 2022.

Who are the main investors in Underline?

Key investors in Underline include Ares Management.

Will Underline IPO soon?

No public IPO plans have been announced for Underline.

How can I track Underline secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Underline's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersDallas, Texas
Employee Range56
Year Founded2019
Last FundingSep 20, 2022

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