About Petratec
Petratec is a company based in Tel Aviv (Israel) founded in 2005.. Petratec has raised $12 million across 1 funding round. Petratec operates in a competitive market with competitors including Carnot, Vnomics, Dynamon, Niukafu and Creation Labs, among others.
- Headquarter Tel Aviv, Israel
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Sectors
Transportation, Automotive & LogisticsTechnology
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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
$12 M (USD)
in 1 rounds
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Latest Funding Round
$12 M (USD), Series A
May 27, 2013
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Investors
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Employee Count
Employee Count
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Funding Insights of Petratec
Petratec has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series A round of $12 million completed in May 2013. 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 1
- Last Round Series A — $12.0M
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First Round
First Round
(27 May 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series A - Petratec | Valuation |
investors |
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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 |
Investments & Acquisitions by Petratec
| 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 - Petratec
| 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 |
Petratec Comparisons
Competitors of Petratec
Petratec 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 Carnot, Vnomics, Dynamon, Niukafu and Creation Labs, 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 |
Farm analytics and tractor telematics solutions are provided for agriculture.
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| domain | founded_year | HQ Location |
Fleet management with focus on fuel economy and driver coaching
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| domain | founded_year | HQ Location |
Fuel management solutions are delivered for logistics using telematics data.
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| domain | founded_year | HQ Location |
Fuel management software for logistics is provided by Niukafu.
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| domain | founded_year | HQ Location |
Provider of fuel consumption monitoring solution for drivers
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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 Petratec
When was Petratec founded?
Petratec was founded in 2005 and raised its 1st funding round 8 years after it was founded.
Where is Petratec located?
Petratec is headquartered in Tel Aviv, Israel.
Is Petratec a funded company?
Petratec is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series A of $12M, raised on May 27, 2013.
What does Petratec do?
Petratec was founded in 2005 in Tel Aviv, Israel, focusing on automatic refuelling, vehicle identification, and fleet management systems. Solutions are developed using passive RFID and wireless communication technologies to monitor and control fuel expenses for authorized vehicles. Deployments occur at retail, commercial, and depot sites across Israel, Latin America, the UK, France, and the USA.