Austin A-List Award Spotlight: RigUp - 2018 Scale Winner

Posted on 03/06/2019 by Austin Chamber of Commerce

Every year, the Austin Chamber and SXSW host the Austin A-List Awards, which celebrates and promotes Austin’s top innovative, homegrown companies and leaders. The event highlights both tech and non-tech companies.

Austin is home to a unique and collaborative business community. We are working to highlighting them in a variety of ways including through a commitment to make A-List an enduring honor by staying in touch with and highlighting our winners throughout the year.

As we approach this year’s Austin A-List Awards on May 23 at ACL Live @ the Moody Theater, we are looking each week at a different 2018 winner.

When selecting winners, our judges evaluate nominees on the following criteria:

Innovation: How novel/innovative is the company’s core idea?
Achievability: How achievable/practical is the idea? Can it be delivered?
Sustainability: Is the company sourcing properly with thoughts on its impact to the environment?
Growth: Will the company scale over time?
Leadership: Does the company have the right leadership to execute?

2018 Scale Winner: RigUp

RigUp had a great year of growth. At the end of 2018, RigUp raised $60 million in Series C financing, led by Founders Fund. They have doubled their employee headcount and expanded their product offering with a mobile app, flexible payment terms — including NextDay Pay™ — for contractors, and an on-demand labor sourcing feature for enterprise companies.

Since the 2018 A-List Awards, RigUp was named to CNBC’s Upstart 100 List and was recently named one of 50 private companies around the world on a path to a $1 billion valuation by the New York Times and CB Insights. Business Insider also named RigUp to a list of 57 startups that will boom in 2019.

Know an awesome candidate for 2019 Austin A-List Awards? Help us discover and promote the very best Austin has to offer. Nominate here.


Related Categories: Innovate Austin