Proof of Usefulness Report

RigUp

Analysis completed on 1/29/2026

+586
Proof of Usefulness Score
Industry Mainstay

RigUp (operating as Workrise, recently announced return to RigUp brand) is a verifiable 'unicorn' with over $2.9B valuation and ~$1B+ in annualized GMV. While the submission itself is low-effort (misusing fields like 'monthlyRevenue' for market cap and making hyperbolic claims like 'everyone' for reach), the underlying business has exceptional real-world utility and verified traction in the energy labor market. The score reflects the massive scale and proven utility of the platform, slightly penalized for the poor quality of the submission data.

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Score Breakdown

Real World Utility+142.5
Audience Reach Impact+86.4
Technical Innovation+67.5
Evidence Of Traction+225.0
Market Timing Relevance+54.0
Functional Completeness+3.0
Subtotal+578.4
Usefulness Multiplierx1.01
Final Score+586

Project Details

Project URL
Description
RigUp empowers the men and women who power the world. We are the energy industry’s marketplace for service providers.\n\nOur vision is to empower all the men and women who power the world by creating economic opportunity and building community across the strongest network in the energy industry.\n\nOur mission is to transform the energy industry into an efficient, highly effective landscape where buyers and service-providers connect effortlessly to get the job done—whenever, wherever.\n\nWe are rapidly building the strongest network of service providers in the industry by offering unparalleled opportunities. RigUp’s exclusive technology enables us to eliminate the wasteful underutilization of the traditional energy workforce by better managing supply and demand.\n\nWe’ve become a proven, trusted player in our space, and we’re not slowing down—we have great opportunities for further growth, with a very interesting product and technical challenges and ample room for career development.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline