Piston (Financial Services)

Other Financial Services · Cupertino, CA · Founded 2023 · Privately Held (backing)

Operator of a B2B payments platform intended to eliminate the need for intermediaries. Piston (Financial Services) is based in Cupertino, CA and was founded in 2023. It was valued at $31.5 million at its seed round in May 2025, the last priced event on record. It has raised $7.5 million across 1 recorded round; the latest was a $7.5 million seed round in May 2025.

PMV mark · valuation
$31.5M
Oct 2026
Priced at
its seed round
May 2025
Total raised
$7.5M
Last round
Seed Round
May 2025

Piston (Financial Services) key facts

as of Oct 2026
  • Operator of a B2B payments platform intended to eliminate the need for intermediaries.
  • Piston (Financial Services) is valued at approximately $31.5M as of Oct 2026, set at its seed round, May 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $7.5M across 1 recorded rounds; the latest was Seed Round ($7.5M) in May 2025.
  • Notable investors include Spark Capital, Pear (California), BOND Capital (San Francisco), Marketplace Capital.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$31.5M

Valued at $31.5M at its seed round, May 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Membership and data by Private Market View

Piston (Financial Services) funding rounds

1 rounds
May 2025Seed Round$7.5M▮

Piston (Financial Services) valuation

Piston (Financial Services) was valued at $31.5 million at its seed round in May 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Piston (Financial Services) raised?

Piston (Financial Services) has raised $7.5 million across 1 recorded round since 2025. The largest was a $7.5 million seed round in May 2025.

Piston (Financial Services) investors

4 investors are on record for Piston (Financial Services), including Spark Capital, Pear (California), BOND Capital (San Francisco) and Marketplace Capital. The seed round in May 2025 drew 3 investors.

Comparable companies

Comparable other financial services names by valuation on PrivateMarketView: Chariot (Financial Software) ($50 million), GRVT ($39 million) and Axiology ($23.5 million).

About Piston (Financial Services)

Operator of a B2B payments platform intended to eliminate the need for intermediaries. The company specializes in providing cardless technology for fuel payments, offering discounts and incentives on every transaction and features a fraud prevention engine to eliminate fraudulent spending, enabling clients can reduce their administrative burden by utilizing the company's dashboard to manage their fleet and drivers.

Industry
Other Financial Services
Sector
Financial Services
HQ
Cupertino, CA, United States
Founded
2023
Employees
35
Ownership
Privately Held (backing)

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