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

Who backs RigUp?

30 investors
InvestorType
Andreessen HorowitzVenture capital
FJ LabsVenture capital
BoxGroupVenture capital
Capital FactoryOther
Founders FundVenture capital
137 VenturesVenture capital
Great Oaks Venture CapitalOther
Breyer CapitalVenture capital
Franklin Resources—
Baillie GiffordGrowth equity
+ 20 more investors · a free account shows the complete list
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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.

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