Companies
Workrise
WorkriseAustin, TX
Founded 2014
Internet software & services
Last Round Valuation
$2.9B
Last Round Share Price
$ XX.XY
Total Funding
$786M
Last Round
Series E
Funding Rounds
Nothing here |
Information contained herein is based on estimates and is subject to update.
News
10/23/2024
Workrise Launches New Solutions to Streamline Energy Sector's Source-to-Pay Processes
Workrise's new solutions enhance efficiency in the energy sector's procurement processes, potentially reducing costs and accelerating project timelines, which could lead to increased competitiveness and innovation in a rapidly evolving market.
05/05/2022
Workrise Fixes Exposed API Leaking Personal Information of Subcontractors
The exposed API flaw allowed unauthorized access to subcontractors' personal data, including names, email addresses, and employment details, without requiring a password. This incident highlights the importance of robust security measures and regular audits to prevent data breaches and protect users' information.
04/05/2022
Workrise, formerly known as RigUp, undergoes layoffs and divestment as it refocuses on the energy industry
Workrise's decision to lay off employees and divest parts of its business reflects the company's strategic shift towards prioritizing the energy industry, particularly oil and gas and renewables, after a previous pivot during the pandemic did not yield the desired results.
Research
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