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Workrise Raises $300M in Series E Funding Workrise, an Austin, Texas-based workforce management platform for the skilled trades, raised $300m in Series E funding. The round was led by Baillie Gifford, with participation from new investor Franklin Templeton and existing investors Founders Fund, Bedrock Capital, Andreessen Horowitz, Moore Strategic Ventures, 137 Ventures, and Brookfield Growth Partners. The company intends to use the funds to continue to expand into new markets served by its platform. Founded in 2014, Workrise provides an online management platform that connects skilled labo...

Lower-paying labor awaits oil and gas crews in the green energy transition By Josh Saul on 3/4/2021 Lower wages in renewables will impact both household budgets, and tax revenue streams on local and state levels. (Bloomberg) --Alfred Burt grew up following his father across the oil patches of Texas. He carried on the family tradition, working on rigs for 26 years until the pandemic crashed oil prices in April and he lost a drilling job with Apache Corp. that paid $1,600 a day. He wasn’t sure what was next for him when he got a message from a recruiter with...

Mar 1, 2021 Alfred Burt grew up following his father across the oil patches of Texas. He carried on the family tradition, working on rigs for 26 years until the pandemic crashed oil prices in April and he lost a drilling job with Apache Corp. that paid $1,600 a day. He wasn’t sure what was next for him when he got a message from a recruiter with Workrise, a staffing company. The scout wanted to know if the 46-year-old would consider a job in wind. Burt told him, “No problem, I’d work at anything if it pays.” He now spends his days running lines to raise or lower turbine blade...

Big growth, new name: As it expands reach, Austin's RigUp rebrands as Workrise Lori Hawkins, Austin American-Statesman © RigUp Xuan Yong, left, and Mike Witte are co-founders of Austin-based RigUp. [Courtesy of RIGUP] RigUp, one of Austin's most heavily-funded tech companies, has changed its name as it broadens its focus beyond the oil and gas industry. The company, now called Workrise, has expanded its reach in the past two years to include wind, solar, construction, and defense industries. Founded in 2014, Workrise was launched as an online platform that connects oil an...

Share this article AUSTIN, Texas, Feb. 2, 2021 /PRNewswire/ --  RigUp, the leading workforce management solution for the skilled trades, today unveils a new name — Workrise — and corporate identity as part of the company's rebranding efforts. Workrise reflects the company's evolution and growth both geographically and across industries, and more closely aligns with its core mission: to empower the people who get hard work done. Workrise is the leading workforce management solution for the skilled trades. We make it easier for skilled laborers to find work and for companies to find in-d...