RigUp was founded in 2014 by Xuan Yong and Mike Witte. The company has not officially endorsed a plan to participate in an IPO.
RigUp is an Austin-based workforce management and hiring platform that specializes on energy sector workers. The company has raised over $450 million in Venture Capital funding from investors including 137 Ventures, Andreessen Horowitz, Brookfield Growth Partners, Green Bay Ventures, Greenspring Associates, Bedrock, FJ Labs, Frees Fund, BoxGroup, Capital Factory, and Founders Fund. Per company press releases, RigUp last raised $300 million in October 2019 at a post-money valuation of nearly $2 billion.
Workrise does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Workrise will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 5/20/2021 | Series E | $2.68B | $XXX.XX | $XXX.XX |
| 3/9/2020 | Series D-1 | $1.91B | $XXX.XX | $XXX.XX |
| 10/10/2019 | Series D | $1.8B | $XXX.XX | $XXX.XX |
| 6/10/2019 | Series C-1 | $775MM | $XXX.XX | $XXX.XX |
| 1/29/2019 | Series C | $290MM | $XXX.XX | $XXX.XX |
| 6/8/2018 | Series B-1 | $210MM | $XXX.XX | $XXX.XX |
| 1/5/2018 | Series B | $122.8MM | $XXX.XX | $XXX.XX |
| 4/14/2016 | Series A | $59.69MM | $XXX.XX | $XXX.XX |
| 5/27/2014 | Series Seed | $10.96MM | $XXX.XX | $XXX.XX |
