RigUp

Austin, TX · Founded 2014 · Privately Held (backing)

Developer of workforce and vendor management software designed for streamlining sourcing, onboarding, and payment processes in the energy industry. RigUp is based in Austin, TX and was founded in 2014. It is valued at about $2.9 billion as of Oct 2026, set by secondary market price, unchanged since its later-stage round in May 2021. It has raised $818 million across 1 recorded round; the latest was a $300 million later-stage round in Feb 2021.

PMV mark · valuation
$2.9B
Oct 2026
Secondary market · $/share
$75
Total raised
$817.5M
Last round
Later Stage VC
Feb 2021

RigUp key facts

as of Oct 2026
  • Developer of workforce and vendor management software designed for streamlining sourcing, onboarding, and payment processes in the energy industry.
  • RigUp is valued at approximately $2.9B (~$75/share on the secondary market) as of Oct 2026, per PrivateMarketView’s mark.
  • It has raised $817.5M across 1 recorded rounds; the latest was Later Stage VC ($300.0M) in Feb 2021.
  • Notable investors include Andreessen Horowitz, FJ Labs, BoxGroup, Capital Factory, Founders Fund — 30 tracked in total.
  • RigUp has filed 1 Form D with the SEC, most recently May 2021 ($300.0M sold to 28 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$2.9B~$75 per share · secondary market

Unchanged since its later-stage round, May 2021 ($2.9B post-money).

set by secondary market priceas of Oct 2026question about this number?
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Secondary market

monthly marks · 46 months · Jan 2023 – Oct 2026
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Jan 2023marks: indicative $/share, month-end · as of Oct 15, 2026Oct 2026
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RigUp funding rounds

1 rounds
Feb 2021Later Stage VC$300.0MSEC filing▮

RigUp valuation

RigUp is valued at approximately $2.9 billion as of Oct 2026. The figure is set by secondary market price. The secondary market quotes about $75 per share. The reference point is its later-stage round in May 2021, at a $2.9 billion post-money valuation; the current figure is unchanged since.

RigUp ranks 83rd by valuation and 56th by capital raised among the private companies PrivateMarketView tracks.

How much has RigUp raised?

RigUp has raised $818 million in total; 1 of its rounds is on record. The largest on record was a $300 million later-stage round in Feb 2021.

RigUp has filed 1 Form D with the SEC, most recently in May 2021 ($300 million sold to 28 investors).

RigUp secondary market activity

A monthly secondary-market price series for RigUp runs from Jan 2023 to Oct 2026 (46 months).

RigUp investors

30 investors are on record for RigUp, including Andreessen Horowitz, FJ Labs, BoxGroup and Capital Factory. By type, the record holds 13 venture capital firms and 1 hedge fund. The later-stage round in Feb 2021 drew 28 investors.

About RigUp

Developer of workforce and vendor management software designed for streamlining sourcing, onboarding, and payment processes in the energy industry. The company's platform connects contractors and suppliers with operators, automates recruitment, compliance, invoicing, and payments, provides tools for bid management and workforce coordination, and integrates data visibility across field and corporate operations, enabling energy companies and service providers to manage labor and supply chain activities more efficiently and reduce operational complexity.

Sector
Business Products and Services (B2B)
HQ
Austin, TX, United States
Founded
2014
Employees
824
Website
rigup.com/
Ownership
Privately Held (backing)

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