The Canadian AI Index

Companies / Pitstop

Pitstop

Pitstop is an industrial and manufacturing AI company based in Toronto, Ontario. It raised a C$3.8M seed round in April 2023 led by Tech Square Ventures. It was acquired by Fullbay in March 2026.

AI predictive maintenance and fleet intelligence platform for commercial fleets.

pitstopconnect.com

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Founded
2015
HQ
Toronto, ON
Category
Industrial/Manufacturing AI
Status
Acquired by Fullbay
Disclosed raised
C$3.8M

Funding history

RoundDateAmountInvestors
SeedApr 12, 2023 C$3.8MTech Square Ventures (lead); In Revenue Capital, Automotive Ventures, SaaS Ventures, Service Provider Capital. Led by Tech Square Ventures with In Revenue Capital, Automotive Ventures, SaaS Ventures and Service Provider Capital. No currency stated; recorded CAD.

Founders

Also backed by

Investors listed on their own portfolio pages or in reported coverage. Round details are not tracked in the Index.

BDC Seed Venture Fund Legacy Investments, Graphite Ventures, MaRS Investment Accelerator Fund, Ripple Ventures

Sources

Data as of November 10, 2026.

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