Expansion on tap after RigUp raises whopping $300M

Oct 10, 2019  · 1 of 12. RigUp’s growth has been exceptional. The company is now valued at $1.9 billion, the Wall Street Journal reported. That’s about 10-times its valuation less than a year …


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Expansion On Tap After RigUp Raises Whopping $300M

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Oct 10, 2019  · 1 of 12. RigUp’s growth has been exceptional. The company is now valued at $1.9 billion, the Wall Street Journal reported. That’s about 10-times its valuation less than a year …

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Workrise, Once Known As RigUp, Raises $300M At A $2.9B Valuation

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May 20, 2021  · Workrise, once known as RigUp, raises $300M at a $2.9B valuation. Mary Ann Azevedo. 7:15 AM PDT · May 20, 2021. Workrise, which has built a workforce management …

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Austin Startup Workrise, Formerly RigUp, Hits $2.9 Billion ... - Forbes

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May 20, 2021  · Workrise—one of the most heavily funded startups in Austin—announced on Thursday that it has raised a $300 million Series E, bringing its total capital to $752 million with …

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Austin-based Workrise Lands $300 Million To Expand Its Reach

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May 20, 2021  · Big growth, new name: As it expands reach, Austin's RigUp rebrands as Workrise. In 2019, Workrise closed the biggest Austin deal of the year with a $300 million investment led …

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RigUp Raises $300M To Continue Building The Next Generation Of …

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Oct 10, 2019  · With its latest $300 million Series D, RigUp hopes to build an alternative to staffing agencies in the energy space, which traditionally come with hurdles for both employers and …

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RigUp Receives $300M Series D Funding - Vcnewsdaily.com

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AUSTIN, TX, RigUp, the energy industry's largest marketplace for on-demand services and skilled labor, has raised a $300 million Series D round. The round was led by Andreessen Horowitz …

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Workrise Embraces Clean Energy And Lands $300M - AIM Group

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May 24, 2021  · The pandemic has been rough for the firm. As RigUp, it scored an earlier $300 million funding round in October 2019. Four months later, when the price of crude nosedived …

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Expansion On Tap After RigUp Raises Whopping $300M

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Oct 10, 2019  · RigUp Inc. has quietly built one of the fastest-growing and best-funded startups in Austin. And on Oct. 10 it announced a $300 million funding round — a move that puts the …

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RigUp Lands $300M To Aid Energy Contactors, Hits $1.9 ... - PitchBook

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Oct 10, 2019  · RigUp, the developer of a contractor hiring platform for the energy industry, has raised a $300 million Series D at a $1.9 billion valuation, per The Wall Street Journal.The …

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Series E - Workrise - 2021-05-20 - Crunchbase Funding Round …

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May 20, 2021  · Forbes — Austin Startup Workrise, Formerly RigUp, Hits $2.9 Billion Valuation After $300 Million Raise . News • May 20, 2021. PR Newswire — Workrise raises $300 million …

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RigUp Hits Unicorn Status With $300M Round | Built In Austin

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Oct 10, 2019  · Learn more about RigUp Hits Unicorn Status With $300M Round. Learn more about RigUp Hits Unicorn Status With $300M Round. Austin. Global Tech Hub BuiltIn.com is …

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Austin-based RigUp Lands $300 Million In Funding Led By …

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Oct 10, 2019  · RigUp CoFounders Xuan Yong and Mike Witte, courtesy photo . In one of the largest funding deals for an Austin-based startup ever, RigUp announced on Thursday that it …

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Workrise Company Profile - Office Locations, Competitors, …

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Oct 10, 2019  · Workrise, once known as RigUp, raises $300M at a $2.9B valuation. May 20, 2021. New unicorn in Texas as energy marketplace startup RigUp raises $300M. Oct 11, …

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PRESS - ABJ - 10/2019 — Matt Fajkus Architecture - Sustainable ...

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Austin Business Journal, October, 2019. Article: Expansion on tap after RigUp raises whopping $300M RigUp Office

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RigUp Lands $300M To Aid Energy Contractors, Hits $1.9B Valuation

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Thu, Oct 10, 2019, 1:00 AM. RigUp, the developer of a contractor hiring platform for the energy industry, has raised a $300 million Series D at a $1.9 billion valuation, per The Wall Street ...

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Austin’s Newest Unicorn: RigUp Lands A16z-led $300M Series D

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Oct 10, 2019  · Now, RigUp, an Austin-based marketplace for on-demand services and skilled labor in the energy industry, has raised a $300 million Series D round led by Andreessen …

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RigUp Raises $300M Series D Led By Andreessen Horowitz

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Oct 10, 2019  · Today, RigUp has over 300 employees across the United States, and will exceed $2 billion in gross service volume on its platform in 2019, more than a 200% increase from 2018.

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Energy Staffing Firm RigUp Closes A Whopping $300M Series D Round

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Oct 16, 2019  · RigUp, the energy industry’s largest marketplace for on-demand services and skilled labor, has raised a $300 million Series D round led by Andreessen Horowitz (a16z) with …

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Workrise - Recent News & Activity - Crunchbase

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May 25, 2024  · Pulse 2.0 — Energy Labor Marketplace Company RigUp Raises $300 Million In Funding News • Oct 14, 2019 Built in Austin — Weekly Refresh: Austin Knocks It out of the …

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FAQs about Expansion on tap after RigUp raises whopping $300M Coupon?

Is rigup now workrise?

RigUp is now Workrise, reflecting the company’s evolution and growth both geographically and across industries. ...

What's new at rigup?

Key Takeaways: Austin, TX — February 2, 2021 — RigUp, the leading workforce management solution for the skilled trades, today unveils a new name — Workrise — and corporate identity as part of the company’s rebranding efforts. ...

What happened to rigup?

Though seven years ago, RigUp had seemed a durable name for the startup, by early 2020 there was so much unused product, “people in Texas were putting oil into their swimming pools,” Lewis quips. Price wars broke out abroad, and in April, OPEC+ countries slashed oil and gas production by 9.7 million barrels a day, or 10% of the world’s supply. ...

Why did workrise change its name to rigup?

Send me a secure tip. Launched in 2014 as a workforce management platform for the oil and gas industry, Workrise changed its name from Rigup in February to better fit its ongoing expansion into wind, solar, construction, defense and other industries. ...

What is workrise rigup?

Workrise reflects the company’s evolution and growth both geographically and across industries, and more closely aligns with its core mission: to empower the people who get hard work done. “We founded RigUp in 2014 on the premise that technology could be used to more efficiently and effectively source skilled labor across the oil and gas industry. ...

Why did rigup change its name?

Launched in 2014 as a workforce management platform for the oil and gas industry, the company changed its name from RigUp in February to better fit its ongoing expansion into wind, solar, construction, defense and other industries. ...

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