Tech Company Financing Transactions
Pitstop Funding Round
Pitstop closed a $1.5 million Seed financing round on 5/31/2019. Investors included Ripple Ventures, Hike Ventures and private investors.
Transaction Overview
Company Name
Announced On
5/31/2019
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Ripple Ventures (Lead Investor)
private investors (Michael Castellarin)
Proceeds Purpose
The company intends to use the funds to launch its platform.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shiva Bhardwaj
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