Tech Company Financing Transactions
RigUp Funding Round
Founders Fund, Global Reserve Group and Quantum Energy Partners participated in a $45.8 million funding round for RigUp. The financing was announced on 2/7/2018.
Transaction Overview
Company Name
Announced On
2/7/2018
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$45,800,000
Round
Undisclosed
Investors
Proceeds Purpose
RigUp intends to use the capital raised in the equity financing to strengthen its product with enhanced mobile features and streamlined payment solutions and to continue to build the product and sales teams.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
111 Congress Ave. 900
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
RigUp is a platform for the energy industry to digitally interact in a more efficient, safe, and environmentally friendly way.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Xuan Yong
Chief Operating Officer
Michael Witte
VP - Engineering
Paul Rogers
VP - Finance
John Warren
VP - General Counsel
Olivia Howe
VP - Operations
Derek Beckman
VP - Product Management
Shane Kinder
Browse more venture capital transactions:
Prev: 2/7/2018: Reonomy venture capital transaction
Next: 2/7/2018: Univfy venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to record every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs