# Xuan Yong

> Xuan Yong is the Austin-based co-founder and executive chairman of Workrise, which returned to the RigUp name in September 2025. A former energy investor at Citadel and D.E. Shaw and an investment banking analyst at Goldman Sachs, he co-founded the company with Mike Witte in 2014 and served as CEO before becoming chairman in 2022. He is also co-founder, CIO and managing partner of MOZAYYX Management and a director of MOZAYYX Acquisition Corp.

- **Role:** Co-founder and Executive Chairman at RigUp (formerly Workrise); Co-founder, CIO and Managing Partner at MOZAYYX Management
- **Organizations:** RigUp (formerly Workrise), MOZAYYX Management, MOZAYYX Acquisition Corp., Citadel, Kortright Capital, D. E. Shaw, Goldman Sachs
- **Education:** BBA in Finance, Texas A&M University - Mays Business School
- **Known for:** Co-founded an energy workforce and procurement business in 2014., Led Workrise as CEO during its 2021 $300 million Series E, at a reported $2.9 billion valuation., Co-founded MOZAYYX Management and serves as CIO and managing partner.

## Career timeline

- **2007** — Graduated from Texas A&M University and began an investment banking career at Goldman Sachs.
- **2008-2010** — Worked as an analyst at D. E. Shaw.
- **2010-2011** — Worked at Kortright Capital.
- **2011-2014** — Worked as an energy investment analyst at Citadel.
- **2014** — Co-founded RigUp with Mike Witte and moved from New York to Austin.
- **2019** — RigUp announced a $60 million Series C led by Founders Fund in January; Andreessen Horowitz announced its investment in October.
- **2021** — RigUp became Workrise in February; announced a $300 million Series E in May.
- **2022** — Became chairman of the board after serving as CEO.
- **2024** — Co-founded MOZAYYX Management.
- **2025** — Announced the return from the Workrise name to RigUp on September 4.
- **2026** — Appointed to the board of MOZAYYX Acquisition Corp. on February 25.

## Achievements

- Co-founded an energy workforce and procurement business in 2014.
- Led Workrise as CEO during its 2021 $300 million Series E, at a reported $2.9 billion valuation.
- Co-founded MOZAYYX Management and serves as CIO and managing partner.

## Latest updates

- **2026-02** — Appointed director of MOZAYYX Acquisition Corp. on February 25; the company completed a $300 million IPO on February 26.
- **2025-09** — Published the announcement that Workrise would return to the RigUp name on September 4.

## Links

- LinkedIn: https://www.linkedin.com/in/xuanyong/

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Profile page: https://yespress.io/xuan-yong
Published by YesPress — https://yespress.io
Last updated: 2026-10-23