Pitstop logo — Powerful predictive maintenance in an affordable, easy-to-us...

Pitstop

Powerful predictive maintenance in an affordable, easy-to-use solution.

Founded 2015 Canada Toronto, Canada 40 employees Seed Total: $6.17M AI, Analytics +3

General Information

Company Name Pitstop
Founded Year 2015
Location Canada Toronto, Canada
Employees 40
Industries AI, Analytics, Big Data +2
Funding Stage Seed
Social

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About Pitstop

Pitstop is a predictive maintenance platform that leverages AI, machine learning technology and cloud-based proprietary algorithms, to deliver actionable insights for the transportation industry. Established in 2015 and headquartered in Canada, the startup recently secured a significant $3.80M Seed Round investment on 12 April 2023 from SaaS VC, Tech Square Ventures, In Revenue Capital, and Automotive Ventures. Pitstop's mission is to enable automotive professionals to make better business decisions, propelling the industry towards increased efficiency, safety, and environmental sustainability. The slogan "Powerful predictive maintenance in an affordable, easy-to-use solution" encapsulates the essence of the startup's value proposition, catering to the Analytics and Big Data industries. For a first-hand experience, interested parties can request a demo by reaching out to [email protected].

Business keywords: Predictive Maintenance, Telematics, Fleet Maintenance, Automotive, Connected Car

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.80M 4
SaaS VC, Tech Square Ventures +2
12 Apr 2023
Convertible Note Undisclosed 1
Tech Square Ventures
24 Mar 2023
Corporate Round Undisclosed 3
Hike Ventures, Ripple Ventures +1
01 Oct 2020
Seed Round $1.50M 5
Clairvest Group, Hike Ventures +3
30 May 2019
Seed Round Undisclosed 2
Velocity, NEXT Canada
01 Jan 2019
Pre Seed Round $750.00K 6
Techstars, MaRS IAF +4
08 Jul 2016
Pre Seed Round $120.00K 1
Techstars
09 Jun 2015

Pitstop Alternatives & Competitors

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FAQ About Pitstop

Powerful predictive maintenance in an affordable, easy-to-use solution.
Pitstop was founded in 2015.
Pitstop is headquartered in Toronto, Canada.
Pitstop operates in AI, Analytics, Big Data, Automotive and Machine Learning. Its work centres on Predictive Maintenance, Telematics, Fleet Maintenance and Automotive.
Pitstop has approximately 40 employees.
Pitstop has completed 7 funding rounds, raising a total of $6.17M. The latest funding stage is Seed.
Top alternatives and competitors to Pitstop include talpasolutions, DC Connected Car GmbH, CarForce, iUGO Technology, CARFIT. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pitstop and talpasolutions are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Pitstop, https://bouncewatch.com/company/pitstop, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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