Intelligent are offering a great investment opportunity in PetrolPrices, the company that helps drivers to lower their fuel spend while helping retailers to monitor and optimise their customer experience.
The business aims to deliver a fuel discount loyalty card and launch voice search services this year and is seeking new investors to support its exciting growth plans.
Intelligent are seeking to raise a tranche of £200,000 or 5% of the business on behalf of PetrolPrices.
PetrolPrices has provided fuel price comparison since 2005, building a database of 2.1 million users. In April 2019 the business relaunched as “Trip Advisor for Forecourts” this new model encourages users to provide data and in return they are given rewards to reduce fuel spend.
Comparable to Gasbuddy in the USA, PetrolPrices is a unique UK company and it has exciting growth potential in both the UK and Europe. The forecourt sector will undergo radical changes in the next 5 years as a result of EV and the digitisation of the forecourt experience. Retailers need data to understand this and make better decisions.
This is an exemplary opportunity to buy a percentage of this up and coming business and is a unique opportunity to buy in early before it becomes much larger in scale.
An ideal investment for someone in the fuel, tech or data industries, or someone looking for a lucrative avenue. Investors will work directly with the founders and owners in discussing opportunities for upscaling.
Further information regarding the business and its objectives are available in a prospectus on request.