Amount Raised
$40 Million
Round Type
Venture
HoustonInformation TechnologyMobileE CommerceInvestors
Description
P97 Networks, the leading mobile commerce and digital marketing platform provider to the convenience retail, auto industry and fuel market, today announced that it has raised $40M in equity financing led by Portage, a global investment platform focused on the fintech and financial services sectors, with participation from existing investors. The capital, which will come from the recently launched Portage Capital Solutions strategy, will fuel strategic growth initiatives at P97 that will further establish the company as the leader in payment and loyalty solutions for mobility-focused retailers.
Quick answer
P97 Networks raised $40 Million in a funding round, dated March 30, 2023. Investors: Portage Capital Solutions Strategy and Portage. P97 Networks is based in Houston, Texas, United States.
- How much did P97 Networks raise?
- P97 Networks raised $40 Million in a funding round on March 30, 2023.
- Who invested in P97 Networks?
- Portage Capital Solutions Strategy and Portage are named as investors in this round.
- What does P97 Networks do?
- P97 Networks provides a global, cloud-based mobility services platform that enables mobile commerce, digital marketing, and consumer engagement for convenience retail, utilities, energy companies, and auto OEMs.
- Where is P97 Networks based and how big is it?
- P97 Networks is based in Houston, Texas, United States.
- Who are the decision-makers at P97 Networks?
- Fundz holds 1 contact at P97 Networks, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mobile and E Commerce around the same time
Companies in the same sectors as P97 Networks that raised within 45 days of this round, from Fundz verified event records.
- Rezolve AI raised $250M on February 27, 2023.
- Soptle raised $1M (Seed) on May 13, 2023.
- Daktronics raised $100M (Funding Round) on May 11, 2023.
- NextNav raised $50M (Debt Financing) on May 10, 2023.
- Instruqt raised $16M (Series A) on May 5, 2023.
- OpenFortune raised an undisclosed amount on May 4, 2023.
Who to call at P97 Networks, and when
A new round usually means P97 Networks is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day P97 Networks raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at P97 Networks, from your own LinkedIn network
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Related People
P97 Networks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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