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PetroApp

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A smart solution based on NFC technology which enables companies and individuals to avoid waste and manipulation in fuel consumption, to control and monitor it easily

Saudi ArabiaFounded 2018Energy
Valuation $250–500M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for PetroApp and the history behind them.

About PetroApp

PetroApp is a company that provides a smart system for fuel management and vehicle budget optimization. The company primarily serves both companies with vehicle fleets and individual car owners.

Its main service is a platform that allows users to manage, monitor, and control their fuel consumption. This helps in reducing waste and optimizing the distribution of fuel. The business model appears to be centered around providing this technology-based solution to its clients. PetroApp operates in several countries, including Nigeria, Egypt, Thailand, and Saudi Arabia, indicating a focus on emerging markets where fuel management and cost control can be significant concerns.

For businesses, especially those with a fleet of vehicles, PetroApp offers a way to have better oversight and control over their fuel expenses. For individuals, it provides a tool to manage their personal fuel budget more effectively. The company makes money by providing its fuel management system to its users, likely through a subscription or service fee model.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Saudi Arabia
Employees
266
Open positions
13
Dealroom signal
90.4/100
Industry
Energy
Sector
Energy, Telematics, Spend Management, Energy Management System
Technology
Mobile app
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Jun 2025 $50M $200M Bunat Ventures · Jadwa Investments ↗
SEEDOther financing Aug 2019 $0 — RZM Investment —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

PetroApp website traffic

Latest recorded traffic for PetroApp is 61K monthly website visits, up 125.9% over the last three months. PetroApp's team grew 18.2% over the past year.

Latest monthly visits61K 3-month web change+125.9% 1-year team growth+18.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • RZM Investment

Series A2 investors entered at this stage

  • Jadwa Investments
  • Bunat Ventures
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇸🇦 Saudi Arabia58.4%
🇪🇬 Egypt37.6%
🇳🇬 Nigeria3.4%
🇱🇧 Lebanon0.6%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about PetroApp 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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