# P97 Networks funding: rounds and investors

> P97 Networks has raised $19M across 2 rounds since 2015. Investors include Emerald Technology Ventures, Wells Fargo and Portage Ventures.

Source: https://millionrounds.com/company/p97-networks (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *P97 Networks*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advertising & Adtech

Funding summary Updated 26 Oct 2026

**$19M** raised across 2 rounds since 2015, from 2 sources

**$9.1M** Series A **$10M** Debt

- **Latest round:** Debt, $10M Apr 2024
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021 2023

**$9.1M** Series A

**$10M** Debt

- **First round:** Series A, $9.1M
- **Biggest round:** $10M
- **Between rounds:** 8.8 years

## The rounds

- **Apr 2024** Debt **$10M** *2 new* *1 returning* [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) [Portage Ventures](https://millionrounds.com/fund/portage-vc) [Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures) Source recorded
- **Jul 2015** Series A **$9.1M** *1 new* [Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures) From a historical funding record SEC filing: $9.1M sold, first sale Dec 2014

## Founders and team

From P97 Networks's own website and the SEC filings it signed: 21 on the team.

- **Jimmy Frangis** Chief Executive Officer
- **Donald Frieden** President, CEO, and Member of the Board i
- **Beth Strickland** Chief Human Resources Officer
- **Derek Young** Interim Chief Financial Officer
- **Douglas Henderson** Chief Strategy Officer
- **Linnea Geiss** Chief Operating Officer
- **Matt Andrews** Chief Revenue Officer
- **Bryan Olivier** COO i
- **Roger Ondreko** CFO i
- **Sin Hin Wong** GM & VP Sales, APAC
- **Saurabh Choudhary** VP Engineering i
- **Sharon Brown** VP, Finance & Administration i
- **Steve Moses** VP, Compliance i
- **Brett Hauser** Member of the Board i
- **Charles Vaslet** Member of the Board i
- **David Nichamoff** SVP Innovation & Platforms i
- **Ignatius Leonards** Member of the Board i
- **Kevin Halloran** General Counsel i

And 3 more on the team.

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2015 **Debt** 2024 [Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures) [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) [Portage Ventures](https://millionrounds.com/fund/portage-vc)

## Everyone who backed them

[Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures) VC firm **2** rounds

[Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) Corporate VC **1** round

[Portage Ventures](https://millionrounds.com/fund/portage-vc) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=p97-networks).

## Quick answers about P97 Networks

### Who invested in P97 Networks?

P97 Networks's investors include Emerald Technology Ventures, Wells Fargo and Portage Ventures.

### How much has P97 Networks raised?

P97 Networks has raised $19M across 2 rounds since 2015.

### When did P97 Networks last raise?

P97 Networks's most recent round was a Debt of $10M in Apr 2024.

### What was P97 Networks's biggest round?

Its most recent round, $10M in Apr 2024, is also its largest on record.

### Who backed P97 Networks first?

P97 Networks's first round on record, in Jul 2015, was backed by Emerald Technology Ventures.

### What stage is P97 Networks at?

P97 Networks's latest named round is a Debt, in Apr 2024.

### Where is P97 Networks based?

P97 Networks is based in the United States.

## Companies like P97 Networks

In the same sector, and raised in the last eighteen months.

[**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Pipedrive** $90M · Sept 2026](https://millionrounds.com/company/pipedrive)[**7Pi** $125K · Sept 2026](https://millionrounds.com/company/7pi)[**Zeely** $8.8M · Sept 2026](https://millionrounds.com/company/zeely)

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