OverviewSuggest Edit

RigUp is a company that operates a marketplace for contract workers in the energy sector. It offers contract field workers access to a network of energy companies, flexible payment terms, and streamlined access to partners that provide comprehensive healthcare benefits and training.

TypePrivate
Founded2014
HQAustin, US
Websiterigup.com
Employee Ratings3

Latest Updates

Employees (est.) (Sept 2020)428
Job Openings34
Revenue (Y, 2018)$21 M
Cybersecurity ratingCMore

Key People/Management at RigUp

Xuan Yong

Xuan Yong

Chief Executive Officer & Co-Founder
Mike Witte

Mike Witte

Chief Operating Officer & Co-Founder
Zarah Charania

Zarah Charania

Head of Business Operations
Paul Rogers

Paul Rogers

Head of Engineering
John Mark Warren

John Mark Warren

Head of Finance
Shane Kinder

Shane Kinder

Head of Product
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RigUp Office Locations

RigUp has an office in Austin
Austin, US (HQ)
One Congress Plaza, 111 Congress Ave #900
Austin, US
98 San Jacinto Blvd #550
Show all (2)

RigUp Financials and Metrics

Summary Metrics

RigUp's latest funding round in October 2019 was reported to be $300 m. In total, RigUp has raised $423.8 m. RigUp's latest valuation is reported to be $1.9 b.
View all funding rounds

RigUp Revenue

RigUp's revenue was reported to be $21 m in Y, 2018
USD

Revenue (Y, 2018)

21.0m

Market valuation

1.9b
USDY, 2018E

Revenue

21.0m
USDY, 2018

Revenue/Employee

179.7k
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RigUp Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

RigUp Online and Social Media Presence

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RigUp News and Updates

New unicorn in Texas as energy marketplace startup RigUp raises $300M

Austin, Texas, has a new unicorn in the form of RigUp Inc., a startup that offers a marketplace for contractors in the energy sector. Today it said it has raised $300 million in new funding on a $1.9 billion valuation. The new funding will be used to continue the company’s expansion into renewable …

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

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 contractors.

RigUp raises $300 mln

RigUp said Oct. 10 that it raised a $300 million Series D round led by Andreessen Horowitz (a16z) with participation from existing investors, including Founders Fund, Bedrock Capital, and Quantum Energy Partners. New investors include Baillie Gifford and Brookfield Growth Partners. RigUp, of Austin,…

RigUp Raises $300 Million in Series D Funding Led by Andreessen Horowitz to Power the Energy Industry's Largest Skilled Labor Marketplace

Energy industry's fastest-growing tech startup has raised more than $450 million to date

RigUp Raises $60 Million in Series C Funding Led by Founders Fund

RigUp, the energy industry's fastest growing tech startup, has raised $90 million+ to date

RigUp lands $15.8 mln Series B

RigUp, the energy industry's marketplace for on-demand services and labor, has raised $15.8 million in Series B funding. Quantum Energy Partners and Global Reserve Group led the round with participation from other investors that included Founders Fund. RigUp has also secured a $30 million credit fac…

RigUp Blogs

7 Benefits to Staying Hydrated on the Job Site

You’ve probably heard that you should be drinking 8 glasses of water (about half a gallon) per day. This general rule of thumb is intended as a guide to help keep the body running smoothly and prevent dehydration. But for those working outdoors during peak summer heat, this advice is especially impo…

3 Ways RigUp Has Your Back as the Oil & Gas Market Evolves

A Partner You Can Trust. At RigUp, we believe in putting our workers first. It’s why we offer one of the lowest split rates in the industry along with better insurance at a lower cost to you. We’re constantly prioritizing the needs of our workforce and developing solutions that create a better exper…

Staying Safe & Sanitized on the Job Site

Hand Sanitizer is an important part of killing germs, but it can also be a fire hazard. Here are some tips to keep your worksite safe while killing germs.  With the ongoing concern over COVID-19 at job sites around the world, it’s become extremely important for workers to maintain the highest level …

Creating Equal Opportunity for Work

RigUp’s mission is to empower the people who power the world. That mission requires us to stand up for people of every race, identity, and religion. And today, it requires us to show up — in words and in action — in support of Black communities across America. Protesters across this country and arou…

How RigUp Simplifies Water Hauling While Reducing Cost

For exploration & production companies, hauling water is an integral part of drilling operations. Yet, it can also be a time-consuming and complex process. From finding the right vendor, to scheduling a job, to completing and invoicing – managing water hauling operations is often costly and tedi…

Putting Solar Candidates to Work Through Virtual Job Fairs

HCS Renewable, powered by RigUp, is excited to kick off our first virtual job fair, running from May 26 – June 26.  We’re making it easy to practice social distancing while you look for your next job. Through our virtual job fairs, our team will schedule 1:1 calls with candidates to discuss your qua…
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RigUp Frequently Asked Questions

  • When was RigUp founded?

    RigUp was founded in 2014.

  • Who are RigUp key executives?

    RigUp's key executives are Xuan Yong, Mike Witte and Zarah Charania.

  • How many employees does RigUp have?

    RigUp has 428 employees.

  • What is RigUp revenue?

    Latest RigUp annual revenue is $21 m.

  • What is RigUp revenue per employee?

    Latest RigUp revenue per employee is $49.1 k.

  • Who are RigUp competitors?

    Competitors of RigUp include Tachyus, Rippling and Paycor.

  • Where is RigUp headquarters?

    RigUp headquarters is located at One Congress Plaza, 111 Congress Ave #900, Austin.

  • Where are RigUp offices?

    RigUp has an office in Austin.

  • How many offices does RigUp have?

    RigUp has 2 offices.