RigUp
Source-to-Pay solution built for energy
- 501-1000 employees
- B2B
- Recruitment
- HR
- SaaS
- Congress Avenue Historic District, Austin, TX
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Company mission
To craft software and services that streamline field operations, from sourcing to payments.
-19% employee growth in 12 months
Our take
The energy industry runs on huge networks of contracts, suppliers and skilled workers, but keeping everyone connected is often harder than it should be. many companies still rely on disconnected systems, endless paperwork and manual processes to manage everything from hiring workers to paying suppliers. The result it delays and extra costs, causing plenty of frustration for everyone involved.
RigUp offers a source-to-pay platform that helps energy businesses manage vendors, staffing, payroll and bidding all in one place. By bringing these processes together, RigUp aims to make it easier for operators and suppliers to work together, helping projects move faster, more safely and with fewer administrative headaches.
After spending several years as Workrise, the company has now returned to its original name, RigUp. But this isn't simply a refresh logo or a new coat of paint. According to co-founder Xuan Yong, the change reflects a renewed focus on the company's roots and its long-standing mission to serve the oil and gas industry. In other words, the name may be familiar again, but the ambition is bigger than ever.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Flexible Vacation: We believe in the importance of work-life balance. Our flexible PTO policy for full-time employees allows you the freedom to step away and return feeling refreshed and ready to go.
- Wellness and Professional Development: We believe that feeling your best, both personally and professionally, is key to a happy and fulfilling life. That's why we offer a generous wellness stipend to support your individual wellness journey, along with access to the Calm app for moments of tranquility and our Employee Assistance Program for confidential support whenever you need it. Your well-being is our priority.
- Competitive Rewards: We believe great work deserves great rewards. Our total rewards are designed to reflect our commitment to your long-term success.
- Comprehensive Coverage: Your well-being is important to us. From day one, we offer comprehensive benefits designed to support your whole self. We support every employee with health, dental, and vision insurance, with options that give you choice and control.
- Planning for the Future: Life happens. From 401k matching to disability, life insurance and generous primary and secondary leave, we have you covered.
- And More: From pet insurance to discounts and perks we want to support employees and their unique needs
Funding (last 2 of 7 rounds)
May 2021
$300m
SERIES E
Mar 2020
$28.7m
SERIES D
Total funding: $722.5m
This company has top investors
Leadership
Xuan Yong
(Co-Founder & Chairman)Xuan is also the co-founder of MOZAYYX where they serve as the CIO. After co-founding RigUp in 2014, they served as the CEO until 2022.