RigUp Overview

  • Founded
  • 2014
Founded
  • Status
  • Private
  • Employees
  • 180
Employees
  • Latest Deal Type
  • Series D1
  • Latest Deal Amount
  • $28.7M
Latest Deal Amount
  • Investors
  • 20

RigUp General Information

Description

Developer of on-demand workforce management and hiring platform designed to connect buyers, contractors and service providers. The company's platform offers a large network of qualified, insured and compliant contractors as well as service providers across all upstream, midstream and downstream operations in every oil and gas basin, enabling companies to hire quickly, track contractor compliance and minimize administrative work.

Contact Information

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Human Capital Services
Other Industries
Business/Productivity Software
Media and Information Services (B2B)
Primary Office
  • 98 San Jacinto Boulevard
  • Suite 550
  • Austin, TX 78701
  • United States
+1 (512) 000-0000

RigUp Timeline

2017201820192020
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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RigUp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC (Series D1) 23-Mar-2020 $28.7M 00000 00.000 Completed Generating Revenue
8. Debt - General 01-Mar-2020 00000 Completed Generating Revenue
7. Later Stage VC (Series D) 04-Oct-2019 00000 00000 00.00 Completed Generating Revenue
6. Later Stage VC (Series C1) 10-Jun-2019 0000 00000 00000 Completed Generating Revenue
5. Later Stage VC (Series C) 12-Oct-2018 0000 00000 00000 Completed Generating Revenue
4. Later Stage VC (Series B1) 08-Jun-2018 0000 000.00 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 05-Jan-2018 000.00 000.00 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 14-Apr-2016 $15M $18M 000.00 Completed Startup
1. Seed Round 27-May-2014 $3M $3M 0000 Completed Startup
To view RigUp’s complete valuation and funding history, request access »

RigUp Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D1 000,000 00.000000 00 0000.00 0000.00 00 0000.00 0.000
Series D 000,000 00.000000 00 0000.00 0000.00 00 0000.00 00.000
Series C1 000,000 00.000000 00 0000.00 0000.00 00 0000.00 0.000
Series C 000,000 00.000000 00 000.0 000.0 00 000.0 00.000
Series B1 000,000 00.000000 00 000.00 000.00 00 000.00 0.000
Series B 000,000 00.000000 00 000 000 00 000 0.000
Series A 650,636 $0.000100 8% $22.34 $22.34 1x $22.34 11.42%
Seed 508,799 $0.000100 8% $5.48 $5.48 1x $5.48 8.93%
To view RigUp’s complete cap table history, request access »

RigUp Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of on-demand workforce management and hiring platform designed to connect buyers, contractors and service prov
Human Capital Services
Austin, TX
180 As of 2020
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Santa Monica, CA
0000 As of 0000
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0.00 0000-00-00
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000000000000000000000 00000000
American Fork, UT
000 As of 0000
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0000 0000-00-00
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RigUp Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ZipRecruiter Venture Capital-Backed Santa Monica, CA 0000 00000 00000000000 00000
0000 Formerly VC-backed American Fork, UT 000 00000 00000000 00000
0000000000000 Private Equity-Backed Chicago, IL 0000 00000 000000000 00000
000000 00000 00000 Private Equity-Backed Westport, CT 000 000 000000000000
0000000 00000000 Venture Capital-Backed Dallas, TX 00 00000 00000
You’re viewing 5 of 17 competitors. Get the full list »

RigUp Executive Team (15)

Name Title Board Seat Contact Info
Xuan Yong Co-Founder, Chief Executive Officer & Board Member
Michael Witte Co-Founder, Chief Operating Officer & Board Member
Meagan Howard Strategic Sales Director
Seth Goodman Executive, Strategy
John Warren Head of Finance
You’re viewing 5 of 15 executive team members. Get the full list »

RigUp Board Members (7)

Name Representing Role Since
David George Andreessen Horowitz Board Member 000 0000
Eric Bielke GE Ventures Board Observer 000 0000
Geoff Lewis Founders Fund Board Member 000 0000
Jeffrey Harris Global Reserve Group Board Member 000 0000
Michael Witte RigUp Co-Founder, Chief Operating Officer & Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

RigUp Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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RigUp Investors (20)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
137 Ventures Venture Capital Minority 000 0000 000000 0
Andreessen Horowitz Venture Capital Minority 000 0000 000000 0
Baillie Gifford Asset Manager Minority 000 0000 000000 0
Brookfield Growth Partners Venture Capital Minority 000 0000 000000 0
Green Bay Ventures Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 20 investors. Get the full list »

RigUp Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 0000000000 30-Apr-2019 000000000000000000 Energy Marketing
To view RigUp’s complete acquisitions history, request access »

RigUp Subsidiaries (1)

Company Name Industry Location Founded
0000 0000000000 Energy Marketing Lakewood, CO
To view RigUp’s complete subsidiaries history, request access »