Workrise IPO

workrise.com

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.

Founded2014
Total Funding to Date$786.71MM
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Workrise Ticker Symbol

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Workrise 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).

Workrise Funding Rounds and IPO Valuation

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
Based on primary financings

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