Series A · Fintech
Piston raises $15 million in Series A
The payments network lets commercial fleets authorize fuel purchases by mobile device, with checks tied to drivers, vehicles and policy.
Cardless fuel payments with fleet controls
Piston links drivers, vehicles, fuel stations and fleet policies in a single payment workflow. Before a pump is authorized, its system can check a driver's identity, assigned vehicle, fuel type, location and spending rules. The company reported deployment at more than 2,000 stations in 48 states, with point-of-sale integrations covering over 95% of US fuel merchants.
Use of funds
Expand the payments network nationally
Advance product development
Add senior leaders across key business areas
Funding history
Series A · This round$15M