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About USIC
Industries
Industrial & Manufacturing
Energy
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$5.5B
Headquarters
Indianapolis, Indiana
Founded
2003
Overview
Company Does Not Provide H1B Sponsorship
USIC provides underground utility damage prevention and utility services across the United States. The company specializes in accurately locating and protecting underground utilities during excavation projects, which helps prevent damage and ensures safety. USIC employs over 9,000 trained field technicians who utilize advanced technologies for services like gas leak detection, inspections, and electrical compliance testing. Their DigCheck app allows users to access important information on utility tickets from anywhere, improving efficiency and safety during projects. Unlike competitors, USIC focuses on a comprehensive approach to utility services, emphasizing quality with a 99.97% service rate and investing in vocational training to maintain a skilled workforce. The company's goal is to enhance safety and reduce costs for clients in the utility and infrastructure sectors.
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Simplify's Take
What believers are saying
- USIC's partnership with Samsara digitizes operations, improving safety and efficiency.
- Growing demand for utility services boosts USIC's project volume and market presence.
- USIC's vocational training ensures a steady supply of skilled technicians.
What critics are saying
- Emerging tech companies threaten USIC's market share with advanced location solutions.
- Rising labor costs may impact USIC's profitability in the utility sector.
- Smart city technologies could reduce demand for USIC's traditional services.
What makes USIC unique
- USIC's DigCheck app enhances excavation safety and efficiency for utility companies.
- USIC employs over 9,000 trained technicians with a 99.97% service quality rate.
- Partnerships with U.S. Army programs support veteran employment and community integration.
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Funding
Total Funding
$5500M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Performance Bonus
Hybrid Work Options
Company News
Pavan joins USIC after serving as CFO of Vialto Partners, a tax and mobility services company operating in over 50 countries, prior to which he held operational leadership roles in private and public companies across a range of industries, including telecommunication and professional services.
Global private investment firm KKR & Co’s capital markets division has spearheaded a $1.4bn private credit financing deal for USIC Holdings, a public utility provider owned by private equity firms Partners Group Holding AG and Kohlberg & Co, according to a report by Bloomberg.
INDIANAPOLIS--(BUSINESS WIRE)--USIC, LLC (“USIC”), the leader in underground utility damage prevention, signed a proclamation of partnership with the U.S. Army Reserve’s P3O (Private Public Partnership) Program May 7, 2024, in a ceremony at the company’s corporate headquarters in Indianapolis, Indiana. The proclamation affirms USIC’s commitment to assisting soldiers and their families in overcoming barriers to obtaining meaningful employment opportunities to support mission readiness goals, enhance their financial stability, and create connections with the community. The Army’s Public Private Partnership Office delivers support to link eligible Army Reserve team members to immediate and long-term employment opportunities. P3O ensures Army Reserve soldiers are successful in their civilian careers, which directly benefits the Army and the nation. More than 87% of Army Reserve team members integrate military service with civilian careers, providing the Army with professional skills, education, and expertise acquired in the private sector
INDIANAPOLIS--(BUSINESS WIRE)--USIC, LLC (“USIC”), the leader in underground utility damage prevention, signed a proclamation of partnership with the U.S. Army Reserve’s P3O (Private Public Partnership) Program May 7, 2024, in a ceremony at the company’s corporate headquarters in Indianapolis, Indiana. The proclamation affirms USIC’s commitment to assisting soldiers and their families in overcoming barriers to obtaining meaningful employment opportunities to support mission readiness goals, enhance their financial stability, and create connections with the community. The Army’s Public Private Partnership Office delivers support to link eligible Army Reserve team members to immediate and long-term employment opportunities. P3O ensures Army Reserve soldiers are successful in their civilian careers, which directly benefits the Army and the nation. More than 87% of Army Reserve team members integrate military service with civilian careers, providing the Army with professional skills, education, and expertise acquired in the private sector
"USIC is honored to be recognized as a VETS Indexes 4 Star Employer, and we appreciate VETS Indexes' comprehensive process in presenting its Employer Awards"Post this
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About USIC
Industries
Industrial & Manufacturing
Energy
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$5.5B
Headquarters
Indianapolis, Indiana
Founded
2003
USIC is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today
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