Piston raises $15M to expand its cardless fuel-payment network
FPV Ventures led the Series A for Vikram Sekhon and Shivam Shah's direct payment rails, which Piston says now reach 2,000 stations.
By Ryan Merket · Published
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Why it matters
Piston is using fuel to build proprietary B2B payment rails. Its advantage will depend on station density and fleet volume, making national distribution as important as the software.
Vikram Sekhon and Shivam Shah's Piston raised a $15 million Series A to expand its cardless payment network for commercial fleets and fuel stations across the US. FPV Ventures led the round, with existing investors Spark Capital and Pear VC participating.…
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