PetroApp Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 199

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $50M

  • Investors
  • 3

PetroApp General Information

Description

Developer of a near-field communication electronic system designed to eliminate waste and control and monitor fuel consumption and its distribution. The company's platform provides tools to make decisions about reducing vehicle consumption limits, detecting tampering and facilitating electronic documentation of operations, enabling clients to adjust and control vehicle budgets and prevent tampering.

Contact Information

Website
petroapp.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Anas Ibn Malik Road, Alyasmin, Housing unit Number 895
  • 3904 Gate Number 4, First floor, Office Number 66
  • Riyadh 13326-6577
  • Saudi Arabia
+966 9200
Primary Industry
Business/Productivity Software
Other Industries
Automotive
Media and Information Services (B2B)
Application Software
Vertical(s)
CleanTech, Mobility Tech, SaaS, Mobile
Corporate Office
  • Anas Ibn Malik Road, Alyasmin, Housing unit Number 895
  • 3904 Gate Number 4, First floor, Office Number 66
  • Riyadh 13326-6577
  • Saudi Arabia
+966 9200

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PetroApp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Later Stage VC 27-Jun-2025 $50M Completed Generating Revenue
1. Seed Round 24-Dec-2019 Completed Startup
To view PetroApp’s complete valuation and funding history, request access »

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PetroApp Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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PetroApp Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bunat Ventures Accelerator/Incubator Minority
Jadwa Investment Asset Manager Minority
RZM Investment Family Office Minority
To view PetroApp’s complete investors history, request access »

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PetroApp FAQs

  • When was PetroApp founded?

    PetroApp was founded in 2018.

  • Where is PetroApp headquartered?

    PetroApp is headquartered in Riyadh, Saudi Arabia.

  • What is the size of PetroApp?

    PetroApp has 199 total employees.

  • What industry is PetroApp in?

    PetroApp’s primary industry is Business/Productivity Software.

  • Is PetroApp a private or public company?

    PetroApp is a Private company.

  • What is PetroApp’s current revenue?

    The current revenue for PetroApp is .

  • How much funding has PetroApp raised over time?

    PetroApp has raised $50.3M.

  • Who are PetroApp’s investors?

    Bunat Ventures, Jadwa Investment, and RZM Investment have invested in PetroApp.

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