RigUp
RigUp provides an integrated source-to-pay platform for energy companies, combining vendor discovery, onboarding, compliance tracking, and capital management in a single system. The platform connects operators with a pre-vetted network of vendors across 200+ service categories and offers workforce management solutions for contingent labor. RigUp also offers add-ons including bid management and field services to streamline procurement and project execution.
- Software Only
- Regulatory & Compliance Technology
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Energy companies struggle to manage fragmented vendor networks, non-core spend, and compliance across multiple disconnected systems. Sourcing and overseeing suppliers—from onboarding and documentation to approval statuses and invoicing—creates administrative burden and limited spend visibility, particularly for non-core services that fall outside primary procurement workflows.
Solution
RigUp delivers an integrated source-to-pay platform purpose-built for energy operators, combining vendor discovery, onboarding, compliance tracking, and capital management in a single system. The platform connects companies with a pre-vetted network of trusted vendors across 200+ service categories, simplifying supplier onboarding and oversight through automated workflows and centralized documentation. RigUp also offers workforce management solutions covering end-to-end contingent labor—from sourcing to payment—tailored for both upstream and midstream operations, with optional add-ons including bid management and field services to further streamline procurement and project execution.
Target Audience
Primary customers are oil and gas operators, energy companies, and midstream/upstream project teams needing contingent workforce management or streamlined oversight of non-core suppliers and capital projects.
Features
- Vendor network searchable across 200+ service categories with integrated onboarding and approval status tracking
- Capital management module providing real-time spend visibility, control, and project ROI maximization
- Compliance management with custom requirement setting and automatic notification when vendors fail to meet standards
- Bid management add-on that streamlines RFQs for energy operators and their suppliers
- Field services add-on for invoice visibility and field ticket management without administrative burden
- Source-to-pay workflow covering the entire procurement cycle from vendor discovery through payment