Pit In Overview
- Year Founded
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2023
- Status
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Private
- Employees
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5
- Latest Deal Type
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Series A
- Latest Deal Amount
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$8.84M
- Investors
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11
Pit In General Information
Description
Provider of a battery swapping platform intended to improve the efficiency and reliability of commercial electric vehicle operations. The company offers robotic battery swapping systems, battery pack charging and monitoring systems, and subscription-based battery replacement services, enabling commercial electric vehicle operators to minimize charging downtime and improve operational efficiency without modifying their vehicles.
Contact Information
Website
www.pitin-ev.comCorporate Office
- Room 704, Poil Eoullim Center
- 82 Anyangpangyo-ro
- Uiwang, Gyeonggi-do
- South Korea
Corporate Office
- Room 704, Poil Eoullim Center
- 82 Anyangpangyo-ro
- Uiwang, Gyeonggi-do
- South Korea
Pit In Timeline
Pit In Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series A) | 13-Oct-2026 | $8.84M | Completed | Generating Revenue | ||
| 3. Accelerator/Incubator | 01-Sep-2024 | Completed | Startup | |||
| 2. Seed Round | 19-Sep-2023 | $1.5M | $1.5M | Completed | Startup | |
| 1. Accelerator/Incubator | Completed | Startup |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Pit In Related Research & Analysis
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Verticals
Pit In Patents
Pit In Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4442494-A1 | Battery transfer apparatus for battery swapping | Pending | 07-Apr-2023 | ||
| US-20250010820-A1 | Battery transfer apparatus for battery swapping | Pending | 07-Apr-2023 | ||
| EP-4442632-A1 | Lift apparatus for vehicle | Pending | 07-Apr-2023 | ||
| US-12583717-B2 | Lift apparatus for vehicle | Active | 07-Apr-2023 | ||
| US-20240336460-A1 | Lift apparatus for vehicle | Active | 07-Apr-2023 | B66F7/02 |
Pit In Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Pit In Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Hyundai Motor Group | Holding Company | Minority | ||
| KDB Investment | PE/Buyout | Minority | ||
| Korea Asset Management | Asset Manager | Minority | ||
| Nautilus Investment (South Korea) | Venture Capital | Minority | ||
| Zero One (Construction and Engineering) | Corporation | Minority |
Pit In FAQs
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When was Pit In founded?
Pit In was founded in 2023.
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Where is Pit In headquartered?
Pit In is headquartered in Uiwang, South Korea.
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What is the size of Pit In?
Pit In has 5 total employees.
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What industry is Pit In in?
Pit In’s primary industry is Energy Storage.
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Is Pit In a private or public company?
Pit In is a Private company.
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What is Pit In’s current revenue?
The current revenue for Pit In is .
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How much funding has Pit In raised over time?
Pit In has raised $10.3M.
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Who are Pit In’s investors?
Hyundai Motor Group, KDB Investment, Korea Asset Management, Nautilus Investment (South Korea), and Zero One (Construction and Engineering) are 5 of 11 investors who have invested in Pit In.
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