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.

Jun 11, 2025•6 months ago

Amount Raised

$6.1 Million

Round Type

seed

CupertinoSoftware

Investors

BondPear VcSpark Capital

Description

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 Information

Company

Piston

Location

Cupertino, California, United States

About

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.

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