# Piston Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/piston-technologies

- Industry: Financial Services
- Headquarters: Cupertino, US
- Website: www.usepiston.com
- Total disclosed funding: $22M
- Latest round: Series A (May 22, 2026)
- Investors on record: 5

## About

Founded in 2024 and based in California, US, Piston Technologies Inc. specializes in a cardless fuel management platform that streamlines fuel transactions for fleet operators. The company was co-founded by Vikram Sekhon (CEO), and Shivam Shah (COO). In May 2026, Piston Technologies Inc. raised USD 14.99 million in series A funding led by FPV Ventures, with participation from Spark Capital and Pear VC. Piston's core offering includes a cardless fuel management solution designed to optimize fuel purchasing and reduce administrative burdens for fleet operators. The firm’s platform enables users to manage fuel transactions through a dashboard, enhancing financial security with a fraud prevention engine utilizing proprietary technology. The end users of Piston's services include transportation companies such as MRD, Apollo Transport, Camil Express, and Purple Express, all of which benefit from enhanced fuel savings and streamlined operations. The company generates revenue through partnerships and subscriptions with its fleet management clients, focusing on delivering fuel savings and operational efficiencies. The company plans to use the May 2026 funding to accelerate the national build-out of its payments network, advance product development, and add senior leaders across key areas of the business.

## Funding rounds

- Series A, May 22, 2026, $15M — Spark Capital, Pear VC, FPV Ventures
- Seed, May 14, 2025, $7.5M — Spark Capital, Pear VC, Bond, Marketplace Capital

## Investors

- Spark Capital — Seed, Series A
- Pear VC (https://capitalatlas.ai/funds/pear-vc) — Seed, Series A
- Bond (https://capitalatlas.ai/funds/bond) — Seed
- Marketplace Capital (https://capitalatlas.ai/funds/marketplace-capital) — Seed
- FPV Ventures (https://capitalatlas.ai/funds/fpv-ventures) — Series A