Pitstop
Latest round
- Series A
Last raised
- Oct 2020
Total raised
- $4.4M
Investors
- 10
About Pitstop
Based in Ontario, Canada, and founded in 2015, Pitstop operates as a developer of artificial intelligence (AI) based software for fleet management. Some of the firm’s clients are SmartCar, DANLAW, Cardinal, AVL, Repair Smith, Samsara, etc., In Revenue Capital, SaaS Ventures, Service Provider Capital, and Tech Square Ventures. Financial terms were not disclosed. The company offers predictive fleet maintenance insights software, based on AI-driven insights and automated maintenance features as well as on real-time vehicle data, for the transportation industry to reduce fleet downtime and maintenance costs. The software provides predictive insights on battery and brake health, fuel anomalies, tire health, engine airflow, etc by leveraging 7 Billion data points, prioritizes fault codes where drivers can report issues based on the priority, allowing managers to plan maintenance, and prescriptive alerts with an explanation of the issue, and the cause. The software also offers smart preventative scheduling, customized fleet reporting, and digital work order creation and management features. Pitstop also offers a fleet electrification plan to determine and decide which electric vehicle (EV) to select, which assets to swap over to EV based on utilization, etc. The March 2026 acquisition will enable Fullbay, Inc. to add Pitstop’s AI-powered predictive maintenance to its platform, enabling fleets and repair shops to adopt proactive, data-driven upkeep.
Who invested in Pitstop
10 investors across 4 rounds
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Questions about Pitstop
Who invested in Pitstop?
Pitstop has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pitstop raised?
Pitstop has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Pitstop last raise money?
Pitstop's most recent round on record is a Series A, in Oct 2020.
What does Pitstop do?
Based in Ontario, Canada, and founded in 2015, Pitstop operates as a developer of artificial intelligence (AI) based software for fleet management.
Where is Pitstop headquartered?
Pitstop is headquartered in Toronto, Canada.
Which VCs invest in companies like Pitstop?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Pitstop's stage. Their profiles are linked below.
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