RigUp Raises $300 Million in Series D Funding Led by a16z

The energy industry’s fastest growing tech startup has raised more than $450 million to date. RigUp, the energy industry’s largest marketplace for on-demand services and skilled labor, …


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RigUp Raises $300 Million In Series D Funding Led By A16z

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The energy industry’s fastest growing tech startup has raised more than $450 million to date. RigUp, the energy industry’s largest marketplace for on-demand services and skilled labor, …

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

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Oct 10, 2019  · In the last 90 days, RigUp has turned its attention to the renewable energy market and started providing its product to companies and skilled workers in the wind and solar …

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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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Workrise Raises $300 Million In Series E Funding Led By Baillie Gifford

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Austin, TX – May 20, 2021 – Workrise, the leading workforce management platform for the skilled trades, has raised a $300 million Series E round led by Baillie Gifford, with new investor …

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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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RigUp - Andreessen Horowitz

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Oct 10, 2019  · RigUp has accelerated as they’ve reached scale and expanded their market opportunity. RigUp is expected to generate over $2 billion of run-rate gross service volume on …

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

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News • May 20, 2021. PR Newswire — Workrise raises $300 million in Series E Funding led by Baillie Gifford. News • May 20, 2021. FinSMEs — Workrise Raises $300M in Series E …

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

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RigUp plans to use the latest investment to continue expansion into renewable energy, midstream oil and gas, and downstream operations. Josh Raffaelli, managing director at Brookfield …

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Workrise - Recent News & Activity - Crunchbase

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May 25, 2024  · CB Insights Blog — Andreessen Horowitz-Backed Workrise Raises $300M To Expand Its Staffing Platform . ... Pulse 2.0 — Energy Labor Marketplace Company RigUp …

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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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RigUp Raises $60 Million In Series C Funding Led By Founders Fund

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In the next five years, approximately 50% of the oil and gas workforce is set to retire. Those positions will be filled by a tech-savvy generation that has come to expect the type of …

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FAQs about RigUp Raises $300 Million in Series D Funding Led by a16z Coupon?

What's new with RigUp?

RigUp, the leading workforce management solution for the skilled trades, announces a new name — Workrise — and corporate identity as part of the company's rebranding efforts. (AUSTIN, Texas, Feb. 2, 2021 /PRNewswire/) ...

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. ...

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. ...

Who are Xuan Yong and the founders of RigUp?

Xuan Yong is the Co-Founder and Chief Executive Officer of RigUp, which he founded in 2014 along with Mike Witte, the Co-Founder and Chief Operating Officer. They founded RigUp on the premise that technology could be used to more efficiently and effectively source skilled labor across the oil and gas industry. ...

How will workrise use its new capital?

The company plans to use its new capital to continue to expand into new markets. “The shift to clean energy and a redoubling of investment in infrastructure are opening up jobs that are desperately in need of filling,” said Workrise co-founder and CEO (and former energy investor) Xuan Yong in a statement. ...

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