RigUp poised for huge growth in 2020 after massive fundings

Launched in 2014, RigUp is already a unicorn — perhaps the biggest in Austin, with an estimated valuation of $1.8 billion. It has attracted the support of big names like Andreessen Horowitz, which propped up Facebook, Skype, Airbnb and Twitter. Allen Gilmer, a seasoned energy-tech executive in Austin, called RigUp the “best use of the gig economy in a vertical, in my mind.” So what’s their secret? Here, co-founder and CEO Xuan Yong lays out his vision for growing the company after collecting more money from investors in 2019 than any other Austin startup.

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