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P97 Networks
Mobile Payments for Retail Fuel Industry
About P97 Networks
P97 Networks operates in the mobile commerce sector, focusing on integrating payment solutions into the driver journey. The company serves multichannel retailers, convenience stores, and fuel stations, providing them with technology to facilitate seamless in-vehicle payments. P97's platform enhances customer experience by offering secure and convenient payment options, which in turn increases transaction sizes and customer lifetime value. The business model revolves around licensing its technology to retailers and fuel stations, earning revenue through subscription fees and transaction-based charges. P97's market includes both the retail and automotive sectors, targeting businesses that aim to improve customer engagement and streamline payment processes. The company has been recognized for its innovative solutions, winning awards such as the ICX Elevate Award and being listed among Houston's fastest-growing companies.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Apr 2025 | $0 | — | PDI Technologies | ↗ |
| DEBTDebt | May 2024 | $10M | — | Wells Fargo and Company | ↗ |
Growth signals
Latest recorded traffic for P97 Networks is 2K monthly website visits, down 50% over the last three months. P97 Networks's team declined 19% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Emerald Technology Ventures
Accenture Ventures
Series B and later3 investors entered at this stage
Peak Rock Capital
Portage Ventures
Wells Fargo and Company
Other known investors1 additional known investor
PDI Technologies
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about P97 Networks on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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