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Workrise, once known as RigUp, raises $300M at a $2.9B valuation

– Workrise, a workforce management platform for the skilled trades, raised $300m funding. – The round was led by U.K.-based Baillie Gifford and joined by new investor Franklin Templeton and existing backers including Founders Fund, Bedrock Capital, Andreessen Horowitz (a16z), Moore Strategic Ventures, 137 Ventures and Brookfield Growth Partners. – With this latest financing, Workrise has now raised more than $750m. – You may know Austin-based Workrise better by its former name, RigUp. The company changed its name earlier this year to reflect a new emphasis on industries other than just oil and gas after the industry took a beating in recent years.