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
What is RigUp worth?
$2.9BPrivateMarketView mark · Oct 2026

Unchanged since its later-stage round, May 2021 ($2.9B post-money). The secondary market quotes about $75 per share.

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The prices on RigUp
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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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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 history

1 rounds
DateRoundRaisedPost-money
Feb 2021Later Stage VC$300.0M▮
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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).

How RigUp's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For RigUp, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by secondary market price. Question about this number? Full methodology →

Frequently asked about RigUp

What is RigUp worth?
RigUp is valued at $2.9B as of Oct 2026. Unchanged since its later-stage round, May 2021 ($2.9B post-money).
How much has RigUp raised?
RigUp has raised $817.5M in total funding across 1 recorded rounds.
When did RigUp last raise?
RigUp last raised in Feb 2021 (Later Stage VC), raising $300.0M.