About OILPLAT
OILPLAT is a company based in Panama City (Panama) founded in 2017.. OILPLAT has raised $4 million across 2 funding rounds from investors including FasterCapital. OILPLAT operates in a competitive market with competitors including Workday, Visma, Deltek, Infor and SAP, among others.
- Headquarter Panama City, Panama
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Sectors
TechnologyEnergy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Jun 01, 2025
- Investors
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Employee Count
Employee Count
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Funding Insights of OILPLAT
OILPLAT has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.0M
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First Round
First Round
(01 Jun 2025)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Seed - OILPLAT | Valuation | FasterCapital |
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| Jun, 2025 | Amount | Seed - OILPLAT | Valuation | FasterCapital |
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| 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 OILPLAT
OILPLAT has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FasterCapital. 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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Venture building, startup incubation, and funding services are provided by FasterCapital.
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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 OILPLAT
| 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 - OILPLAT
| 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 |
Oilplat Comparisons
Competitors of OILPLAT
OILPLAT 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 Workday, Visma, Deltek, Infor and SAP, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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Cloud-based ERP software is provided for business management across segments.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is provided for project-driven organizations.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for multiple industries.
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| domain | founded_year | HQ Location |
Cloud and AI-based ERP software is offered for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is delivered for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about OILPLAT
When was OILPLAT founded?
OILPLAT was founded in 2017 and raised its 1st funding round 8 years after it was founded.
Where is OILPLAT located?
OILPLAT is headquartered in Panama City, Panama.
Is OILPLAT a funded company?
OILPLAT is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 01, 2025.
What does OILPLAT do?
Marketplace for selling petroleum products. It provides a meeting place between the buyer and seller of petroleum products and provides solutions for selecting offers for the buyer through an automatic auction.
Who are the top competitors of OILPLAT?
Who are OILPLAT's investors?
OILPLAT has 1 investor. Key investors include FasterCapital.