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Workrise

Enterprise SoftwareUSA
✂️ Markdown
Peak $2.9 BillionToday
~-80%
from peak
  1. 🦄
    Became a unicorn
    Oct 2019
  2. 📈
    Peak valuation
    $2.9 Billion ’21
  3. 💔
    Became a Unitard
    Oct 2024
  4. 💸
    Last valuation
    ~$580M
Current status
Private; secondary market implies ~$588M (Jun 2026)

How it happened

Workrise is a network of energy service companies and workers focused on staffing and subcontracting. Workrise enables those working in the energy industry to find workers, vendors, and expand their businesses. Last valued near $2.90B (Series E, 2021); on the secondary market its implied valuation slipped below the $1B unicorn line in Oct 2024, and now sits around $588M — roughly 80% below that peak.

Source: Forge Global marketplace (Jun 2026)