Fundraising Fox

P97 Networks

Houston, US · Founded 2012 · Delaware corporation · 1 known investors

Founders & leadership

P97 Networks was founded in 2012 by Donald Frieden.

DF
Donald FriedenPresident/CEO and Director
SM
Stephen MosesVP, Operations
CM
Charles MohrmannVP, Business Development
SB
Sharon BrownVP, Finance and Corporate Secretary
DN
David NichamoffVP Product Development
PC
Paul CwalinaVP, Sales
LB
Llewelyn BezansonChief Technology Officer
SC
Saurabh ChoudharyVP Engineering
KHKevin Halloran
Kevin HalloranGeneral Counsel
RO
Roger OndrekoCFO

Board

CVCharles Vaslet
Charles Vasletin𝕏Member Board of Directors2015–2025Senior Partner, Chief Revenue Officer at Emerald Technology Ventures Ag
KS
Kevin SmarttBoard director

Investors · 1

Emerald Technology Ventures AgZurich · $540K – $5.4M

Reported raises · per SEC filings

Form D private placements

$24.9M disclosed across 3 of 4 rounds · 2014–2025

▶$900KraisedAug 2021 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve GreeneDirector
  • Brett HauserDirector
  • Sharon BrownExecutive Officer
  • Kevin SmarttDirector
  • Saurabh ChoudharyExecutive Officer
  • Charles VasletDirector
  • Donald FriedenExecutive Officer, Director
  • Ignatius LeonardsDirector
  • Steve MosesExecutive Officer
  • Kevin HalloranExecutive Officer
  • Michael PassillaDirector
  • Roger OndrekoExecutive Officer
  • Bryan OlivierExecutive Officer
  • David NichamoffExecutive Officer
Offering amount
$10M
Amount sold
$900K
First sale
Aug 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MraisedMay 2018 · 65 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin SmarttDirector
  • Steve GreeneDirector
  • Charles VasletDirector
  • Donald FriedenExecutive Officer, Director
Offering amount
$20M
Amount sold
$15M
Minimum investment
$2.1K
First sale
Apr 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$9.1MraisedJul 2015 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin SmarttDirector
  • Stephen MosesExecutive Officer
  • Charles MohrmannExecutive Officer
  • Sharon BrownExecutive Officer
  • Donald FriedenExecutive Officer, Director
  • Frank LuskDirector
  • Ignatius LeonardsDirector
  • Charles VasletDirector
  • David NichamoffExecutive Officer
  • Paul CwalinaExecutive Officer
  • Llewelyn BezansonExecutive Officer
Offering amount
$10M
Amount sold
$9.1M
Sales commissions
$120K
Placement agents
Pharus Investment Partners LLC
First sale
Dec 2014
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

P97 Networks raises USD 40 mlnthepaypers.com · Jul 2025PDI Acquires P97 Networks | NACSconvenience.org · Apr 2025Houston e-commerce company raises another $40M round to support growth - InnovationMaphouston.innovationmap.com · Apr 2023P97 Networks - Emerald – Industrial investment for a sustainable future |emerald.vc · Sep 2022Emerald portfolio company P97 acquired by PDI Technologiesemerald.vc · Sep 2022P97 Raises $40M to Expand Mobility Services Platform | PYMNTS.compymnts.com · Jan 2022

Frequently asked questions

Who founded P97 Networks?
P97 Networks was founded by Donald Frieden in 2012.
Who are P97 Networks's investors?
P97 Networks's investors include Emerald Technology Ventures Ag.
How much funding has P97 Networks raised?
P97 Networks has disclosed $24.9M raised across 3 of its 4 known rounds.
Where is P97 Networks headquartered?
P97 Networks is headquartered in Houston, US.