Jadwa leads a USD 50 million funding round in PetroApp, Saudi Arabia’s fuel management platform, aimed at expanding its operations and service offerings.
Amount Raised
$50 Million
Round Type
Funding Round
Investors
Description
Jadwa Investment has led a USD 50 million investment round in PetroApp, with participation from Bunat Ventures. PetroApp provides digital fuel payment and fleet management solutions, managing over 500,000 vehicles for corporate clients. The funding supports its expansion and access to additional services. This marks Jadwa's fifth investment under its recent private equity fund.
Quick answer
PetroApp raised $50 Million in a Funding Round round, dated June 30, 2025. Investors: Bunat Ventures and Jadwa Investment. PetroApp is based in Olaya, Riyadh, Saudi Arabia.
- How much did PetroApp raise?
- PetroApp raised $50 Million in a Funding Round round on June 30, 2025.
- Who invested in PetroApp?
- Bunat Ventures and Jadwa Investment are named as investors in this round.
- What does PetroApp do?
- PetroApp is Saudi Arabia’s first independent provider of digital fuel payment and fleet management solutions.
- Where is PetroApp based and how big is it?
- PetroApp is based in Olaya, Riyadh, Saudi Arabia. Fundz records about 199 employees.
- Who are the decision-makers at PetroApp?
- Fundz holds 1 contact at PetroApp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Oil And Gas and Transportation around the same time
Companies in the same sectors as PetroApp that raised within 45 days of this round, from Fundz verified event records.
- Fyn Mobility raised $2.5M (Seed) on May 17, 2025.
- Nevoya raised $9.3M (Funding Round) on July 22, 2025.
- GoodShip raised $25M (Series B) on August 12, 2025.
- ILine raised $500K (Pre-Seed) on July 31, 2025.
- EVeez raised $5.4M (Series A) on July 24, 2025.
- Empery Digital Inc. raised $500M (Post-IPO Equity) on July 21, 2025.
Who to call at PetroApp, and when
A new round usually means PetroApp is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day PetroApp raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PetroApp, from your own LinkedIn network
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Fundz sees it the moment PetroApp raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
PetroApp raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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