# Piston

> Piston is a Cupertino payments company founded by former fleet operators Vikram Sekhon and Shivam Shah. Its cardless network links a driver, vehicle, pump and fleet policy before a fuel purchase is approved, then gives fleet managers live records and station operators direct access to commercial customers. In September 2026, Piston reported more than 2,000 participating stations across 48 U.S. states.

- **Founded:** 2024
- **Headquarters:** Cupertino, United States
- **Founders:** Vikram Sekhon (Co-founder and CEO), Shivam Shah (Co-founder and COO)
- **Products:** PistonPay, Piston Guard, Piston Analytics Agent, Merchant savings network
- **Notable:** June 2025: reported more than 120 fleets, over 800 stations and more than $20 million in annualized payment volume., September 2026: reported more than 2,000 stations across 48 states., September 2026: reported eightfold year-over-year payment-volume growth, 40-fold merchant-network growth and 98% customer retention.

## Products & services

- **PistonPay** — Mobile cardless fueling with pump selection, QR or authorization-code options at enabled sites, real-time driver and vehicle checks, fleet rules, and transaction reporting.
- **Piston Guard** — Transaction monitoring that flags or blocks anomalous fuel purchases using driver, vehicle, location and spending context.
- **Piston Analytics Agent** — Natural-language analysis of fleet fuel transactions, drivers, vehicles, stations and spending trends.
- **Merchant savings network** — Direct station relationships and negotiated discounts paid to fleets as monthly rebates, plus merchant tools for offers and reconciliation.

## Achievements

- June 2025: reported more than 120 fleets, over 800 stations and more than $20 million in annualized payment volume.
- September 2026: reported more than 2,000 stations across 48 states.
- September 2026: reported eightfold year-over-year payment-volume growth, 40-fold merchant-network growth and 98% customer retention.
- September 2026: reported point-of-sale integrations certified and live on systems covering more than 95% of U.S. merchant fuel sites.

## Latest updates

- **2026-09** — Raised a $15 million Series A led by FPV Ventures; disclosed funding reached $22.5 million.
- **2026-09** — Reported 2,000-plus enabled stations in 48 states and introduced Piston Guard and Piston Analytics Agent.
- **2025-11** — Announced PistonPay acceptance at more than 800 Maverik locations.

## Links

- Website: https://www.piston.com
- LinkedIn: https://www.linkedin.com/company/pistonpay

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Profile page: https://yespress.io/piston
Published by YesPress — https://yespress.io
Last updated: 2026-09-29