When was Piston founded?

Piston was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is Piston located?

Piston is headquartered in Cupertino, United States.

How many employees does Piston have?

As of Jun 30, 2026, the latest employee count at Piston is 47.

Is Piston a funded company?

Piston is a funded company, having raised a total of $22.4M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 14, 2025.

When was the latest funding round of Piston?

Piston's latest funding was a $***** Series B round on May 22, 2026, with participation from 0 investor. Its primary sector is Logistics Tech. In United States, the Logistics Tech sector has seen $1.66B in funding in 2026 to date.

Where does Piston rank among its competitors?

Piston ranks 93rd amongst 5553 active competitors, of which 242 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Piston, which secured $15M in May, 2026.

Who are the top competitors of Piston?

Piston's top competitors include Samsara, GoMotive and Radius. Among them, Piston secured the most recent funding round in May, 2026.

Piston - 2026 Company Profile, Team, Funding & Competitors

Piston is a series B company based in Cupertino (United States), founded in 2024 by Shivam Shah. It operates as a Platform offering a fuel payment network built around QR‑based transactions. Piston has raised $22.4M in funding from Spark Capital. The company has 5553 active competitors, including 242 funded and 285 that have exited. Its top competitors include companies like Samsara, GoMotive and Radius.

Company Details

Platform offering a fuel payment network built around QR‑based transactions. Designed for fleets and independent gas stations, it connects drivers and pumps via app-generated QR codes linked to specific vehicles, times, and fuel types. This enables real‑time oversight, prevents payment fraud, and simplifies reconciliation by removing traditional card-based systems and middlemen.

Website: usepiston.com
Email ID: *****@usepiston.com
Phone Number: +1 **********

Key Metrics

Founded Year

2024

Location

Cupertino, United States

Stage

Series B

Total Funding

$22.4M in 2 rounds

Latest Funding Round

Series B, May 22, 2026, $*****

Investors

Spark Capital & 2 more

Ranked

93^rd among 5553 active competitors

Employee Count

47 as on Jun 30, 2026

Similar Companies

Wright Express & 1409 more

View Piston's full profile

Piston has raised a total funding of $22.4M over 2 rounds. Its first funding round was on May 14, 2025. Piston has 3 institutional investors.

Here is the list of recent funding rounds of Piston:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 22, 2026	4841170	Series B	8778698	6216633	1329108	9036082
May 14, 2025	1622490	Seed	4380677	6329736	Spark Capital	Pear VC & 1 more

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View details of Piston's funding rounds and investors

The founders of Piston is Shivam Shah.

Here are the details of Piston's key team members:

Shivam Shah: Co-Founder & COO of Piston.
Contact Info: 1 email address

View details of Piston's Founder profiles and Board Members

Piston's employee count trend

Piston has 47 employees as of Jun 26. Here is Piston's employee count trend over the years:

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Top competitors of Piston include Samsara, GoMotive and Radius. Here is the list of Top 10 competitors of Piston, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Samsara 2015, San Francisco (United States), Public	Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners	$915M	General Catalyst, Andreessen Horowitz & 13 others	86/100
2nd	GoMotive 2013, San Francisco (United States), Series F	AI-powered fleet management platform	$717M	Greenoaks, Kleiner Perkins & 28 others	77/100
3rd	Radius 1990, Crewe (United Kingdom), Acquired	Predictive marketing and sales platform	$333M	BBVA Ventures, Formation 8 & 18 others	75/100
4th	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	NewStar Financial, Granite Health Growth Partners ... & 5 others	73/100
5th	GreenRoad 2004, Austin (United States), Series E	Provider of fleet telematics and management solutions	$81.5M	Generation Investment Management, Benchmark ... & 7 others	71/100
6th	Omnitracs 1985, Dallas (United States), Acquired	Provider of cloud-based fleet management solutions	-	Apollo Investment Corporation, Partners For Growth ... & 1 others	71/100
7th	Uptake 2014, Chicago (United States), Series D	Cloud-based platform for predictive analytics and asset performance management	$282M	Baillie Gifford, Revolution & 13 others	71/100
8th	Element 1946, Baltimore (United States), Public	Fleet management and maintenance services	$125M	ValueAct Capital	69/100
9th	HERE 1985, Eindhoven (Netherlands), Acquired	Developer of a unified map delivering location data and related services	-	NTT Group, Mitsubishi Corporation & 8 others	69/100
10th	LightMetrics 2015, Bengaluru (India), Series A	Provider of video telematics solutions for telematics service providers	$10.7M	Peak XV Partners, Beenext & 10 others	68/100
93rd	Piston 2024, Cupertino (United States), Series B	Platform offering a fuel payment network built around QR‑based transactions	$22.4M	Spark Capital, Bond Capital & 1 others	52/100