Growing Mobility Platform P97 Networks has an extensive and expanding cloud-based mobility platform serving over 65,000 convenience retail and fuel sites worldwide, including more than 240,000 EV chargers, presenting significant opportunities to integrate new mobile commerce and payment solutions.
Recent Financial Strength With recent investments including a $10 million line of credit from Wells Fargo and $69 million in equity funding backed by Portage Ventures, P97 has enhanced its financial capacity to scale operations and pursue strategic growth initiatives.
Industry Collaborations Strategic partnerships with companies like Sinclair College, SalesKinetics, and Mobivity demonstrate P97’s active engagement in expanding digital marketing, consumer engagement, and incentive programs, signaling potential for further collaborative sales opportunities.
Market Focus & Trends P97 targets the convenience retail and energy sectors, including electric vehicle charging networks, aligning with current market trends toward mobility solutions and electric vehicle adoption, indicating readiness to support clients in clean energy transition initiatives.
Technology Enablement Leveraging advanced technology stacks such as Azure Databricks, NoSQL, and integration with digital payment solutions like Visa Checkout positions P97 as a tech-forward provider. This creates opportunities to upsell to clients seeking innovative, scalable mobile commerce infrastructure.