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 |
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.
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.
