Tech Company Financing Transactions
RigUp Funding Round
RigUp, based in Austin, secured $300 million in investment from Andreessen Horowitz, Baillie Gifford and Bedrock Capital.
Transaction Overview
Company Name
Announced On
10/11/2019
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Series D
Investors
Andreessen Horowitz (Lead Investor) (David George)
Founders Fund (Napoleon Ta)
Proceeds Purpose
RigUp said it plans to use its new capital to expand its services into renewable energy, midstream oil and gas, and downstream operations.
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
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