Workrise Stock $141.05

Forge Price BeaconForge Price 1 updated December 20, 2024

workrise.comEnterprise Software / Human ResourcesFounded: 2014Funding to Date: $2.44B

Workrise is a network of energy service companies and workers focused on staffing and subcontracting. Workrise enables those working in the energy industry to find workers, vendors, and expand their businesses. Workrise was founded in 2014 by Michael Witte, Xuan Yong, and Sandeep Jain and is headquartered in Austin, TX.

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Workrise Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
12/20/2024
Price per Share
$141.05
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Workrise Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
05/20/2021 Series E $300MM $xx.xx $2.9B 137 Ventures, Andreessen Horowitz, Baillie Gifford, Bedrock Capital, Brookfield Growth Partners, Founders Fund, Franklin Templeton, Moore Strategic Ventures
Price per Share
$xx.xx
Shares Outstanding
715,675
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
137 Ventures, Andreessen Horowitz, Baillie Gifford, Bedrock Capital, Brookfield Growth Partners, Founders Fund, Franklin Templeton, Moore Strategic Ventures
03/09/2020 Series D-1 $28.7MM $xx.xx $1.97B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
88,940
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
10/09/2019 Series D $300MM $xx.xx $1.9B Andreessen Horowitz, Baillie Gifford, Bedrock Capital, Brookfield Growth Partners, Founders Fund, Quantum Energy Partners
Price per Share
$xx.xx
Shares Outstanding
929,698
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Baillie Gifford, Bedrock Capital, Brookfield Growth Partners, Founders Fund, Quantum Energy Partners
06/10/2019 Series C-1 $55MM $xx.xx $820.73MM Bedrock Capital
Price per Share
$xx.xx
Shares Outstanding
330,085
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital
02/02/2019 Series C $60MM $xx.xx $300MM Bedrock Capital, Founders Fund, Global Reserve Group, Quantum Energy Partners
Price per Share
$xx.xx
Shares Outstanding
891,567
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Founders Fund, Global Reserve Group, Quantum Energy Partners
06/08/2018 Series B-1 $10.04MM $xx.xx $267.54MM Bedrock Capital
Price per Share
$xx.xx
Shares Outstanding
162,603
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital
02/05/2018 Series B $15.65MM $xx.xx $170.59MM Bedrock Capital, Fj Labs, Fort Ventures, Founders Fund, Global Reserve Group, Quantum Energy Partners, Sallyport Investments
Price per Share
$xx.xx
Shares Outstanding
411,779
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Fj Labs, Fort Ventures, Founders Fund, Global Reserve Group, Quantum Energy Partners, Sallyport Investments
04/15/2016 Series A $14.54MM $xx.xx $86.36MM Boxgroup, Founders Fund, Frees Fund, Ge Ventures, Great Oaks Venture Capital, Moore Capital Management
Price per Share
$xx.xx
Shares Outstanding
650,636
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Founders Fund, Frees Fund, Ge Ventures, Great Oaks Venture Capital, Moore Capital Management
05/09/2014 Series Seed $2.79MM $xx.xx $13.95MM Boxgroup, Capital Factory, Founders Fund, Great Oaks Venture Capital
Price per Share
$xx.xx
Shares Outstanding
508,799
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Capital Factory, Founders Fund, Great Oaks Venture Capital

Workrise Investors Also Invested in These Private Companies

Frees Fund
Brookfield Growth Partners
Fort Ventures
Sallyport Investments
Moore Capital Management
Global Reserve Group

Leadership & Board

Leadership

Michael Witte
Co-Founder, Co-Chief Executive Officer & Co-Chief Operating Officer
Xuan Yong
Co-Founder, Co-Chief Executive Officer & Chairman
Allen Narcisse
Co-Chief Operating Officer
Praveen Kalamegham
Chief Technology Officer & Head of Engineering
Olivia Howe
Chief Legal Officer

Board

Geoff Lewis
Founders Fund
Napoleon Ta
Founders Fund
Jeffrey Harris
Global Reserve Group
David George
Andreessen Horowitz

Workrise stock FAQs

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Can you buy Workrise stock?

As Workrise is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Workrise, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Workrise stock?

To invest in a private company like Workrise through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Workrise stock?

Yes, you may sell the Workrise stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Workrise stock?

If you hold private company shares of Workrise – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Workrise on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Workrise a public company?

No, Workrise is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Workrise’s stock price?

Workrise is a private company, meaning it does’t have a publicly traded stock price. However, as of 12/20/2024 the Workrise Forge Price is $141.05 per share. The Forge Price is a derived price calculated for private companies like Workrise to provide insights into their current valuation. Learn more about Forge Price.
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What is Workrise’s stock ticker symbol?

Workrise does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Workrise News and Media Highlights

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 U.K.-based Baillie Gifford that values the company at $2.9 billion.

Energy Labor Marketplace Company RigUp Raises $300 Million In Funding

RigUp, a marketplace for on-demand services and skilled labor built for the energy industry, announced it raised $300 million in Series D funding led by Andreessen Horowitz.
Browse Insights
Updated on: Dec 20, 2024

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