FundedIQ
Artificial Intelligence

Pitstop: Funding, Investors & Team (Sep 2026)

Pitstop functions as a Prognostic Maintenance Platform that is located on the cloud and allows companies to utilize the vast amount of data that comes from their vehicle fleets. It merges various sources of data, including Connected Vehicles, Dealerships, Fleet Manager, Tier 1 Suppliers, OEMs, Insurance Companies and the Aftermarket Supply Chain.

pitstopconnect.com LinkedIn Toronto, Canada 11-50 employees
Analytics Artificial Intelligence Automotive Big Data Machine Learning B2B Software engineering Predictive maintenance
Total raised
$6.3M
Rounds
2
Latest
Seed
Apr 2023

Pitstop has raised $6.3M across 2 funding rounds on record, the most recent a Seed of $3.8M announced in Apr 2023.

That round is below the $5.7M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Pitstop Company Profile and Key Stats

Total funding raised
$6.3M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Seed
$3.8M in Apr 2023
Employees
11-50
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Apr 2023.

Pitstop Funding Rounds

Date
Round
Amount
Seed
$3.8M
Undisclosed round
$2.5M

Pitstop raised $2.5M in an undisclosed round announced in Oct 2020.

2.5 years later, a Seed of $3.8M was announced in Apr 2023.

Pitstop Founders and Leadership Team

Name
Role
Contact
Shiva Bhardwaj
CEO
Locked

Contact details for the Pitstop team: 1 of 1 has an email address on file.

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Pitstop Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round
3,086
$2.2M
16,575
$3.1M

Pitstop's latest round of $3.8M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Pitstop Funding FAQs

What does Pitstop do?

Pitstop functions as a Prognostic Maintenance Platform that is located on the cloud and allows companies to utilize the vast amount of data that comes from their vehicle fleets. It merges various sources of data, including Connected Vehicles, Dealerships, Fleet Manager, Tier 1 Suppliers, OEMs, Insurance Companies and the Aftermarket Supply Chain.

How much funding has Pitstop raised?

Pitstop has raised $6.3M across 2 rounds on record. The most recent is a Seed of $3.8M announced in Apr 2023.

When did Pitstop last raise funding?

Pitstop's most recent funding round on record is a Seed of $3.8M, announced in Apr 2023.

Who is the CEO of Pitstop?

Shiva Bhardwaj is listed as CEO at Pitstop.

Where is Pitstop headquartered?

Pitstop is based in Toronto, Ontario, Canada.

How many employees does Pitstop have?

Pitstop is in the 11-50 employee band.

How does Pitstop's funding compare to other Artificial Intelligence startups?

Pitstop's latest round of $3.8M is below the $5.7M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.

About FundedIQ's Pitstop Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Pitstop is left off this page rather than filled in.

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