About GasBuddy
GasBuddy is a company based in Chicago (United States) founded in 1999 was acquired by PDI Technologies in April 2021.. GasBuddy offers products and services including GasBuddy App and Pay with GasBuddy+™ Card. GasBuddy operates in a competitive market with competitors including Pearson Fuels, PetrolSpy Australia, Prezzi Benzina, FuelGR and Gaspy, among others.
- Headquarter Chicago, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gasbuddy, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Wendy's International
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of GasBuddy
GasBuddy offers a comprehensive portfolio of products and services, including GasBuddy App and Pay with GasBuddy+™ Card. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for searching and comparing gas prices to save on fuel.
Card that provides discounts and rewards on fuel purchases.
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Funding Insights of GasBuddy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GasBuddy
GasBuddy has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Wendy's International, PDI Technologies and OPIS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Fast food chains are operated globally by Wendy's International.
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Founded Year | Domain | Location | |
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Analytics software solutions are provided to brands and retailers.
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Founded Year | Domain | Location | |
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Energy and chemical market data and insights are provided by OPIS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GasBuddy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GasBuddy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gasbuddy Comparisons
Competitors of GasBuddy
GasBuddy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pearson Fuels, PetrolSpy Australia, Prezzi Benzina, FuelGR and Gaspy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Alternative vehicle fuels including ethanol and biodiesel are distributed.
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| domain | founded_year | HQ Location |
Fuel price finder app and maps for cheap petrol in Australian and New Zealand cities.
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| domain | founded_year | HQ Location |
Online service for checking and comparing fuel prices at stations across Italy.
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| domain | founded_year | HQ Location |
Delivers an app-based platform for discovering and locating fuel stations.
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| domain | founded_year | HQ Location |
Offers solutions to locate fuel stations with the cheapest prices.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gasbuddy
Frequently Asked Questions about GasBuddy
When was GasBuddy founded?
GasBuddy was founded in 1999.
Where is GasBuddy located?
GasBuddy is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does GasBuddy do?
Founded in 1999 and based in Chicago, United States, GasBuddy operates in the fuel pricing sector by aggregating gas prices from crowdsourced user data. Variations in prices, sometimes up to 20 within short distances, are highlighted to assist drivers in locating cheaper fuel options. The free app is available across multiple platforms, with revenue derived from advertising placements. Operations focus on the United States market.
Who are the top competitors of GasBuddy?
GasBuddy's top competitors include Pearson Fuels, PetrolSpy Australia and Prezzi Benzina.
What products or services does GasBuddy offer?
GasBuddy offers GasBuddy App and Pay with GasBuddy+™ Card.
Who are GasBuddy's investors?
GasBuddy has 3 investors. Key investors include Wendy's International, PDI Technologies, and OPIS.
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