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Announced

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RigUp raised $300m Series D led by Andreessen Horowitz.

Synopsis

RigUp, the energy industry’s largest marketplace for on-demand services and skilled labor, raised $300m Series D led by Andreessen Horowitz, with participation from existing investors, including Founders Fund, Bedrock Capital, and Quantum Energy Partners. New investors include Baillie Gifford and Brookfield Growth Partners. "RigUp stands alone in serving the energy labor market with much needed technology and fundamentally allows for better matching of supply and demand, resulting in significantly improved time-to-hire and visibility for both the independent contractors searching for the right projects and the energy companies looking to fill jobs with higher quality personnel. We are thrilled to be partnering with Xuan, Mike, and the RigUp team as they continue to scale and expand upon their market opportunity," David George, Andreessen Horowitz General Partner.

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