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
Team — not yet on record
No current team members for RigUp are on record yet. People surface from round filings, company disclosures, and coverage sessions.
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·The complete investor list: 30 names
·Watch RigUp: the Monday email on marks, rounds and moves
