Piston raises $6.1 million in seed funding led by Spark Capital to enhance its fleet fuel marketplace. The total funding has now reached $7.5 million.
Piston raises $6.1 million in seed funding led by Spark Capital to enhance its fleet fuel marketplace. The total funding has now reached $7.5 million.
06/11/25, 1:50 AM
Location
cupertinoMoney raised
$6.1 million
Industry
software
Round Type
seed
Investors
Bond, Pear Vc, Spark Capital
Piston, a cardless payments platform, has announced a successful $6.1 million seed funding round. This funding, led by Spark Capital, will be used to scale operations and expand its network of gas stations. The company's innovative approach aims to eliminate fraud and reduce costs for commercial fleets. With a total funding of $7.5 million, Piston is positioned to transform the fuel payment landscape.
Company Info
Location
cupertino, california, united states
Additional Info
Piston is a cardless payments platform that connects commercial fleets with gas stations, founded by former fleet owners Vikram Sekhon and Shivam Shah. The company has created a secure payment system that eliminates card fraud and retail price markups. Piston aims to transform the fuel payment landscape by offering real-time insights and savings for both fleets and gas stations. Currently, Piston is serving over 120 fleets and 800 gas stations while processing more than $20 million in annualized transaction volume.