Skip to main content
Caplight Logo









Underline

Underline

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

Last Round

VC Round

Sep 20, 2022

Total Funding Raised

$7.46M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Underline operates in Telecommunications & Networking and is based in Dallas, Texas. Its latest recorded funding round was a VC Round in September 2022.

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

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

Book a demo

For institutional investors. Book with your work email.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

Book a demo

For institutional investors. Book with your work email.

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%
Book a demo to see all comparables

For institutional investors. Book with your work email.

Underline Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundSep 20, 2022
Series AAug 9, 2022
Book a demo to see all funding rounds

For institutional investors. Book with your work email.

Key People

Founding team and executive leadership

Bob Thompson

Founder CEO

Founding Team

For institutional investors. Book with your work email.

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.

Book a demo to see all signals

For institutional investors. Book with your work email.

Underline Filings

Explore SEC and related filing metadata, where available.

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

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Book a demo

For institutional investors. Book with your work email.

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, so its shares have no public market price. Caplight tracks Underline's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

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.

When was Underline's last funding round?

Underline's most recent funding round was VC Round on September 20, 2022.

Who are the main investors in Underline?

Key investors in Underline include Ares Management Corporation.

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 in Underline's shares on secondary markets.

Firmographic Details

HeadquartersDallas, Texas
Employee Range55
Year Founded2019
Last FundingSep 20, 2022

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Book a demo

For institutional investors. Book with your work email.

See something wrong or outdated?