P97 Networks

SoftwareSeries CHouston, USp97.com

Latest round

Series C

Last raised

Mar 2023

Total raised

$53M

Investors

4

About P97 Networks

Founded in 2012 and headquartered in Houston, Texas, P97 Networks, LLC provides a robust mobile commerce platform and digital marketing services. The company has completed five deals, with its most recent deal occurring on April 1, 2025. Donald Frieden serves as the CEO, guiding the firm through its growth trajectory. Most notably, PDI Technologies, Inc.P97 Networks specializes in mobile commerce and digital marketing solutions tailored for the convenience, retail, and fuel industries. Their core product offerings include P97 Mobile Commerce One, a comprehensive mobile commerce platform that integrates point-of-sale systems and cloud services to enhance customer engagement. The P97 Payments One service allows various payment methods, including digital wallets and ACH transfers, with features focused on security. Additionally, P97 Retail One provides marketers with tools to push digital offers, while P97 Energy One focuses on electric vehicle charging solutions, and P97 Fleet 360 modernizes fleet fueling through digitization.P97 Networks generates revenue through a range of subscription-based services and partnerships with clients across the retail and fuel sectors. Their business model emphasizes B2B transactions, allowing clients to integrate P97’s technology into their operations. Revenue streams include subscriptions for P97 Mobile Commerce One and P97 Payments One, enabling clients to offer enhanced mobile payment solutions. The firm anticipates launching new products centered around mobile commerce and digital marketing. Specific geographic expansions target emerging markets within North America, aiming to increase market penetration by 2026. The recent acquisition by PDI Technologies will facilitate this strategic growth, enhancing the service portfolio and broadening client engagement.

Who invested in P97 Networks

4 investors across 3 rounds

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Funding rounds

  1. Series C

    Mar 30, 2023

    Amount

    $40M

    Investors

    Locked

  2. Series B

    Feb 28, 2019

    Amount

    $5M

    Investors

    Locked

  3. Series A

    Dec 17, 2014

    Amount

    $8M

    Investors

    Locked

Questions about P97 Networks

Who invested in P97 Networks?

P97 Networks has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has P97 Networks raised?

P97 Networks has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did P97 Networks last raise money?

P97 Networks's most recent round on record is a Series C, in Mar 2023.

What does P97 Networks do?

Founded in 2012 and headquartered in Houston, Texas, P97 Networks, LLC provides a robust mobile commerce platform and digital marketing services.

Where is P97 Networks headquartered?

P97 Networks is headquartered in Houston, US.

Which VCs invest in companies like P97 Networks?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at P97 Networks's stage. Their profiles are linked below.

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