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Workrise Stock
Workrise is a marketplace for on-demand services and skilled labor in the energy industry.
About Workrise Stock
Workrise is a technology company that aims to develop a platform to support the skilled trade workforce. Its platform serves as a marketplace for workers and business in the energy industry. The company also claims to enable energy industry companies to contact workers in oil and gas, solar, and wind.
Workrise was founded as RigUp in 2014 by Michael Witte, Sandeep Jain, and Xuan Yong and it is headquartered in Austin, Texas. Notable investors include Founders Fund, Bedrock Capital, Andreessen Horowitz, Moore Strategic Ventures, 137 Ventures, and Brookfield Growth Partners.
Investors
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Magic Leap, Stripe, Anduril Industries, Rappi, CoinSwitch Kuber
Bedrock Capital
Brookfield Asset Management
Founders Fund
Lyft, SpaceX, Spotify, Airbnb, Stripe, Flexport, Anduril Industries, Palantir Technologies, Wish, Compass
Quantum Energy Partners
Funding History
| May 2014 | $2.8M |
|---|---|
| November 2015 | $14.5M |
| October 2017 | $15.6M |
| June 2018 | $10.0M |
| October 2018 | $60.0M |
| June 2019 | $55.0M |
| October 2019 | $300M |
| March 2020 | $56.9M |
| February 2021 | $300M |
Management
CEO / Co-Founder
Xuan Yong
Co-Founder & Chief Operating Officer
Michael Witte
Press
Forbes - Jan, 28 2019
Business Insider - Apr, 8 2020
Wall Street Journal - Oct, 9 2019
Biz Journals - Jan, 24 2020
prnewswire - Oct, 4 2021
prnewswire - Aug, 18 2021
thinkbusiness - Aug, 17 2021
siliconhillsnews - May, 21 2021
builtinaustin - May, 20 2021
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