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

Posted By Greater Austin Chamber | Mar 06, 2019
Innovate Austin Print Article RigUp

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.

Greater Austin Chamber

The Greater Austin Chamber of Commerce focuses on how the Austin region works. We serve as the voice of business for our member organizations and their employees throughout Central Texas. Our mission is to provide leadership that facilitates the creation of a prosperous regional economy and effective advocacy for members.