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.

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What is Workrise's ticker symbol?

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.

What is Workrise's stock price?

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).

Who are Workrise's major investors?

Andreessen Horowitz
BoxGroup
Founders Fund
Great Oaks Venture Capital
FJ Labs
Frees Fund

Workrise Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
5/20/2021 Series E $300MM raised $XXX.XX $XXX.XX
3/9/2020 Series D-1 $28.7MM raised $XXX.XX $XXX.XX
10/10/2019 Series D $300MM raised $XXX.XX $XXX.XX
6/10/2019 Series C-1 $55MM raised $XXX.XX $XXX.XX
1/29/2019 Series C $60MM raised $XXX.XX $XXX.XX
6/8/2018 Series B-1 $10.04MM raised $XXX.XX $XXX.XX
1/5/2018 Series B $15.65MM raised $XXX.XX $XXX.XX
4/14/2016 Series A $14.54MM raised $XXX.XX $XXX.XX
5/27/2014 Series Seed $2.79MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is RigUp funding to date?

Workrise has raised $786.71MM with the following series:
$2.79MM raised for Series Seed,$14.54MM raised for Series A,$15.65MM raised for Series B,$10.04MM raised for Series B-1,$60MM raised for Series C,$55MM raised for Series C-1,$300MM raised for Series D,$28.7MM raised for Series D-1,$300MM raised for Series E.
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When was RigUp founded?

RigUp was founded in 2014.
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Can you invest in RigUp?

RigUp is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell RigUp share pre-IPO?

If you own RigUp pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is RigUp a publicly traded company?

RigUp is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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Updated on: Sep 1, 2022