Workrise (WORR.PVT)
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Learn more- Estimated Valuation 518.95M
- Latest Funding Date May 20, 2021
- Total Amount Raised 786.71M
- Latest Amount Raised 300M
- Total Funding Rounds 9
- Latest Share Class Series E
Workrise: Learn More
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Learn more at ForgeWorkrise Overview
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.
2014-01-01
Founded
251
Full Time Employees
Administrative Services
Sector
Billing, Compliance, Employment, Human Resources, Marketplace, Online Portals
Industry
Leadership and Board
Xuan Yong
Chief Executive Officer
Michael Witte
Chief Operating Officer
Recent News
Performance Overview
Trailing returns as of 9/4/2026. Benchmark is Forge Private Market Index (^FPMI) .
3M Return
YTD Return
1-Year Return
2-Year Return
Valuation Information
Funding Rounds
Forge Data collects the preferred stock details for companies from the Certificates of Incorporation and related documents filed with relevant state's agencies. These documents authorize the various equity types available for companies to sell in primary funding rounds.
Post-Money Valuation
May
2014
Dec
2015
Jul
2017
Feb
2019
Sep
2020
| Funding Date
|
Share Class
|
Amount Raised
|
Issue Price
|
Post-Money Valuation
|
|---|---|---|---|---|
|
2021-05-20
|
Series E | 300M | 419.1844 | 2.9B |
|
2020-03-09
|
Series D-1 | 28.7M | 322.6843 | 1.97B |
|
2019-10-09
|
Series D | 300M | 322.6843 | 1.9B |
|
2019-06-10
|
Series C-1 | 55M | 166.6202 | 820.73M |
|
2019-02-02
|
Series C | 60M | 67.2972 | 300M |
|
2018-06-08
|
Series B-1 | 10.04M | 61.7239 | 267.54M |
|
2018-02-05
|
Series B | 15.65M | 38 | 170.59M |
|
2016-04-15
|
Series A | 14.54M | 22.3448 | 86.36M |
|
2014-05-09
|
Series Seed | 2.79M | 5.4824 | 13.95M |
