trending Market Intelligence /marketintelligence/en/news-insights/trending/OFAyPTmNPqrogrytbRxbwA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In This List

Andreessen Horowitz leads $300M series D round for RigUp

Municipal CUSIP Requests Knocked Off of Record Pace by November Decrease

Street Talk Episode 53 - Nancy Bush Questions Large Bank MOEs, Future Of Independent Research

US Broadband Only Homes Surge In Q3 Ahead Of Disney+ Launch

Architectural Shift In 5G Core Needed To Meet IoT Demands

Andreessen Horowitz leads $300M series D round for RigUp

Andreessen Horowitz LLC led a $300 million series D funding round for RigUp Inc., which brings the valuation of the Austin, Texas-based energy contractor marketplace to $1.9 billion, The Wall Street Journal reported, citing a person familiar with the matter.

Current investors in the online platform Founders Fund, Bedrock Capital and Quantum Energy Partners LLC joined the round, alongside new investors Baillie Gifford & Co. and Brookfield Growth Partners, the report noted.

As part of the funding deal, made through the venture capital firm's recently formed late-stage fund, Andreessen Horowitz partner David George will join the company's board.

RigUp raised $60 million in a series C round in January 2019, according to S&P Global Market Intelligence data.

Elsewhere, Andreessen promoted Julie Yoo to general partner, Business Insider reported.

Yoo, who joined the firm as a partner in 2019, will focus on its investment in the healthcare sector, the report said.