Rigup
The Source-to-Pay Solution Built for Energy
Austin, United States · Founded 2014 · $678.6M raised
- Headquarters
- Austin, Texas
- Employees
- 501–1000
- Founded
- 2014
- Business Model
- B2B
- Website
- rigup.com
- Total Funding
- $678.6M
- Last Round
- $300.0M Series EMay 2021
- Rounds
- 6
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
RigUp is a source-to-pay platform purpose-built for energy companies, combining vendor management, workforce staffing, and project spend oversight in a single system. The platform connects operators with a network of suppliers across 200+ service categories, manages compliance and safety documentation, and provides real-time capital project visibility. Customers report 18–29% cost savings through consolidated vendor and workforce management.
Summary
Rigup is an Energy company based in Austin, United States, founded in 2014. It has raised $678.6M in total across 6 rounds, most recently a $300.0M Series E round in May 2021. Investors include Founders Fund, Quantum Energy Partners and Andreessen Horowitz.
Tech & App Stack
11 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding History
May 2021
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Funding: Seed through Series E. Amounts, valuations, and investors where available.
Investors
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