Pitstop

Fund I

Pitstop is a prognostics platform that harnesses data from several sources including the connected car. The company is one of the only players in the market to perform predictive analytics on engine failure. Pitstop applies this data together with proprietary algorithms, artificial intelligence and machine learning to provide actionable insights for vehicles, emissions, fleets, and maintenance.

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2015
Year Founded
2019
Year Invested
Seed
Stage
Toronto, ON
Location

Meet the Team

Shiva Bhardwaj
CEO
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Working with Ripple Ventures has been like onboarding an extended executive team. When you ask for help they are willing to dive in deep to get the job done. For Pitstop this has been supporting with HR, Fundraising, Sales and Customer Development. If you're looking for investors with true operating experience the Ripple team is exceptional.

Shiva Bhardwaj
Shiva Bhardwaj
CEO
Pitstop
Our Story With
Pitstop

The team first got introduced to the founders of Pitstop through a startup pitch event called Fundica Roadshow.  We were very impressed with the Founder and CEO, Shiva Bhardwaj. He had a great understanding of the automotive and aftermarket service industry and a solid technology background from working at NVIDIA and Blackberry as a systems engineer.

What really excited us about Shiva was his ability to attract seasoned executives to join his team at such an early-stage while working with some of the largest Auto OEMs. Another reason why we loved Pitstop was that we appreciated the decisions that Pitstop has made over the past year to shift to an enterprise-first model as this is where we saw a huge opportunity to be the largest supplier of AI and advanced analytics to transform the mobility industry.

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