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, TX, US
Websiterigup.com
Employee Ratings3.4
Overall CultureB

Latest Updates

Employees (est.) (Feb 2021)502(+4%)
Revenue (Y, 2018)$21 M
Cybersecurity ratingBMore

Key People/Management at RigUp

Xuan Yong

Xuan Yong

CEO and Co-Founder
Mike Witte

Mike Witte

COO and Co-Founder
John Mark Warren

John Mark Warren

Head of Finance
Shane Kinder

Shane Kinder

Head of Product
Olivia Howe

Olivia Howe

Head of Legal
Raj Naik

Raj Naik

Managing Director, New Verticals
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RigUp Office Locations

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

RigUp Financials and Metrics

Summary Metrics

Founding Date

2014

RigUp total Funding

$423.8 m

RigUp latest funding size

$300 m

Time since last funding

2 years ago

RigUp investors

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
Show all financial metrics

RigUp Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

RigUp Online and Social Media Presence

Embed Graph

RigUp Company Culture

  • Overall Culture

    B

    80/100

  • CEO Rating

    B

    75/100

  • Compensation

    B+

    83/100

Learn more on Comparably

RigUp News and Updates

Workrise, once known as RigUp, raises $300M at a $2.9B valuation

Workrise, which has built a workforce management platform for the skilled trades, announced today that it has raised $300 million in a Series E round led by UK-based Baillie Gifford that values the company at $2.9 billion. New investor Franklin Templeton joined existing backers including Founders Fu…

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
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RigUp Blogs

A Guide to Solar Industry Crews

The post A Guide to Solar Industry Crews appeared first on Workrise™: Workforce Solutions that Scale | RigUp is Now Workrise™..

Workrise Employees Donate Over 150 Backpacks in Back-to-School Drive

The post Workrise Employees Donate Over 150 Backpacks in Back-to-School Drive appeared first on Workrise™: Workforce Solutions that Scale | RigUp is Now Workrise™..

Stories from the Field: Veteran and Welder Rocky

The post Stories from the Field: Veteran and Welder Rocky appeared first on Workrise™: Workforce Solutions that Scale | RigUp is Now Workrise™..

The Biggest Health and Safety Concerns of Wind Energy

The post The Biggest Health and Safety Concerns of Wind Energy appeared first on Workrise™: Workforce Solutions that Scale | RigUp is Now Workrise™..

​​Introducing Dynamic Duo Trent and Jacob

The post ​​Introducing Dynamic Duo Trent and Jacob appeared first on Workrise™: Workforce Solutions that Scale | RigUp is Now Workrise™..

How to Prevent Construction Accidents

The post How to Prevent Construction Accidents appeared first on Workrise™: Workforce Solutions that Scale | RigUp is Now Workrise™..
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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 John Mark Warren.

  • How many employees does RigUp have?

    RigUp has 502 employees.

  • What is RigUp revenue?

    Latest RigUp annual revenue is $21 m.

  • What is RigUp revenue per employee?

    Latest RigUp revenue per employee is $41.8 k.

  • Who are RigUp competitors?

    Competitors of RigUp include Tachyus, Ceridian and Motus.

  • 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.