Tech Company Financing Transactions
Pitstop Funding Round
On 10/2/2020, Pitstop landed Series A financing from Sensata Technologies, Hike Ventures and Ripple Ventures.
Transaction Overview
Company Name
Announced On
10/2/2020
Transaction Type
Venture Equity
Amount
Unknown
Round
Series A
Investors
Proceeds Purpose
The company will use the funds to expand market reach, enhance product features and build additional prediction algorithms for the automotive industry.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
410 Adelaide West 600
Toronto ON, M5V 1S8
Canada
Toronto ON, M5V 1S8
Canada
Phone
Website
Email Address
Overview
Pitstop is a cloud-based Prognostic Maintenance Platform that enables enterprises to leverage the wealth of information available from their vehicle fleets. Their data engine integrates Connected Vehicles, Dealerships, Fleet Manager, Tier 1 Suppliers, OEMs, Insurance Companies and the Aftermarket Supply Chain.
Management Team
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