PetroApp

Fleet Vehicle Expense Management

Cairo, Egypt · Founded 2018 · $50.0M raised

Headquarters
Cairo
Employees
51–200
Founded
2018
Business Model
B2B
Total Funding
$50.0M
Last Round
$50.0M Venture RoundJun 2025
Rounds
1

About

PetroApp is an electronic fleet fuel management platform that connects vehicles, fuel stations, and service centers into a unified digital network. Launched in 2018 in Saudi Arabia and Egypt, the system uses NFC chip technology to allow companies to monitor and control their fleet fuel consumption in real time, preventing unauthorized fueling and reducing fuel waste by an average of 35%. The platform serves over 10,000 customers and 500,000 vehicles across a network of 3,000+ fuel stations, 624 service centers, and 363 car wash locations throughout Saudi Arabia.

Summary

PetroApp is a Fintech company based in Cairo, Egypt, founded in 2018. It has raised $50.0M in total across 1 round, most recently a $50.0M Venture Round round in Jun 2025. Investors include Bunat Ventures and RZM Investment.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Venture RoundInvestment RoundJun 2025
$50.0M

Investors

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