Pitstop Announces Series A for Automotive Predictive Maintenance Platform
Round Type
Series A
Description
Pitstop, an automotive predictive maintenance platform, today announced a Series A round of funding led by Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions that create insights for customers, with participation from existing investors Ripple Ventures and Hike Ventures. Pitstop will use the funds to expand market reach, enhance product features and build additional prediction algorithms for the automotive industry. The amount of the Series A funding is undisclosed.
Quick answer
Pitstop raised an undisclosed amount in a Series A round, dated October 1, 2020.
- How much did Pitstop raise?
- Pitstop raised an undisclosed amount in a Series A round on October 1, 2020.
- What does Pitstop do?
- Pitstop is a predictive maintenance platform that delivers actionable insights for the transportation industry through a powerful combination of AI, machine learning technology and cloud-based proprietary algorithms.
- Who are the decision-makers at Pitstop?
- Fundz holds 2 contacts at Pitstop, including the CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Venture Capital around the same time
Companies in the same sectors as Pitstop that raised within 45 days of this round, from Fundz verified event records.
- Walker & Dunlop raised an undisclosed amount (Funding Round) on November 13, 2020.
- Vimly Benefit Solutions, Inc. raised $6.8M on November 10, 2020.
- Solana Company raised $3.4M (Seed) on November 10, 2020.
- REMAX Holdings raised $8M (Series A) on November 9, 2020.
- TCW Group raised an undisclosed amount (Corporate Round) on November 9, 2020.
- Green Check Verified Inc. raised $450K (Seed) on November 6, 2020.
Who to call at Pitstop, and when
A new round usually means Pitstop is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Pitstop raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pitstop, from your own LinkedIn network
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Funding Insights
What this usually meansPitstop raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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