Tech Company Financing Transactions
P97 Networks Funding Round
P97 Networks, based in Houston, received $40 million from Portage Venture Partners.
Transaction Overview
Company Name
Announced On
3/30/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Portage Venture Partners (Lead Investor)
Proceeds Purpose
Funding will bolster strategic growth initiatives at P97, the leading mobile commerce platform focused on the auto, mobility, and retail fuel markets
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
3700 W Sam Houston Pkwy. S 425
Houston, TX 77042
USA
Houston, TX 77042
USA
Phone
Website
Email Address
Overview
At P97 Networks we understand the power of mobile applications and the endless possibilities they offer. We look at mobile payment solutions as a way to create a meaningful relationship between company and consumer, a way to reduce the costs of operation, and to help facilitate discovery and simplify the purchase experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Donald Frieden
Chief Operating Officer
Bryan Olivier
VP - Client Services
Soulat Khan
VP - Finance
Sharon Brown
VP - Operations
Steve Moses
VP - Product Management
David Nichamoff
VP - Sales
Paul Cwalina
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We document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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