# Mike Witte

> Mike Witte is the Austin-based co-founder and CEO of Equal Parts, which acquires independent insurance agencies and supports them with shared technology and operations. He previously co-founded RigUp, later Workrise, served in its operating leadership and as CEO, and remained on its board after the 2024 CEO handover. His career began in petroleum engineering.

- **Role:** Co-Founder & CEO at Equal Parts
- **Organizations:** Equal Parts, Workrise (formerly RigUp), Encana
- **Education:** Bachelor’s degree in engineering, Texas A&M University, MBA, Columbia Business School
- **Known for:** Co-founded RigUp/Workrise, which reached a reported $2.9 billion valuation in 2021., Completed more than 15 acquisitions during his time at RigUp, according to his public retrospective., Co-founded Equal Parts, which launched with $10 million in acquisition capital in March 2025.

## Career timeline

- **Before 2014** — Worked as a petroleum engineer at Encana and in energy private equity consulting.
- **2014** — Co-founded RigUp with Xuan Yong and moved to Austin after closing seed financing.
- **2021** — RigUp rebranded as Workrise; Witte was co-founder and COO.
- **By 2023** — Served as Workrise CEO.
- **2024** — Workrise announced Mick Hollison as next CEO; Witte remained a board member.
- **2025** — Launched Equal Parts with Mike Meller and Graham Yennie.
- **2026** — Equal Parts announced a $23 million Series A and additions to its agency network.

## Achievements

- Co-founded RigUp/Workrise, which reached a reported $2.9 billion valuation in 2021.
- Completed more than 15 acquisitions during his time at RigUp, according to his public retrospective.
- Co-founded Equal Parts, which launched with $10 million in acquisition capital in March 2025.
- Led Equal Parts through a $23 million Series A announced in February 2026.

## Latest updates

- **2026-09** — Equal Parts announced Independence Insurance Agency in Miramar, Florida, extending its transportation insurance network.
- **2026-09** — Equal Parts publicly announced the ProSource Insurance Agency acquisition, which had closed in Q1 2026.
- **2026-08** — Witte discussed agency integration, acquisitions, and operating challenges in a Pulse 2.0 interview.
- **2026-02** — Equal Parts announced a $23 million Series A led by Inspired Capital and $50 million in total acquisition capital.

## Links

- Website: https://www.equalparts.ai/
- LinkedIn: https://www.linkedin.com/in/mikewitte1/

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Profile page: https://yespress.io/mike-witte
Published by YesPress — https://yespress.io
Last updated: 2026-10-11