Car IQ

Financial ServicesSeries BSan Francisco, UScariqpay.com

Latest round

Series B

Last raised

Feb 2023

Total raised

$38M

Investors

19

About Car IQ

Car IQ Inc.Car IQ Inc. was founded in 2016 and is headquartered in Oakland, US. The company operates a fleet payments platform enabling vehicles to conduct transactions autonomously.696 mn.Car IQ specializes in a fleet payments platform designed to streamline vehicle-related transactions for fleet-operating businesses. The platform allows vehicles to connect directly with fuel pumps and tolling gantries, reducing the need for traditional fuel cards and simplifying payment management.Car IQ generates revenue through a subscription-based model, where clients pay for access to the fleet payments platform. This facilitates direct B2B interactions for managing fuel and toll expenses, allowing clients to authorize payments dynamically based on actual vehicle needs, thereby controlling costs associated with fuel purchases.In February 2023, Car IQ Inc. In July 2025, Car IQ Inc. The company aims to expand its autonomous vehicle payment platform to new fleet, banking, and automotive customers and pursue institutional partnerships.

Who invested in Car IQ

19 investors across 5 rounds

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Funding rounds

  1. Series B

    Feb 7, 2023

    Amount

    $15M

    Investors

    Locked

  2. Series B

    Aug 11, 2021

    Amount

    $15M

    Investors

    Locked

  3. Series A

    Apr 30, 2019

    Amount

    $6.5M

    Investors

    Locked

  4. Seed

    Nov 1, 2017

    Amount

    $0.3M

    Investors

    Locked

  5. Seed

    Feb 1, 2017

    Amount

    $1M

    Investors

    Locked

Questions about Car IQ

Who invested in Car IQ?

Car IQ has 19 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Car IQ raised?

Car IQ has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Car IQ last raise money?

Car IQ's most recent round on record is a Series B, in Feb 2023.

What does Car IQ do?

Car IQ is a financial services company.

Where is Car IQ headquartered?

Car IQ is headquartered in San Francisco, US.

Which VCs invest in companies like Car IQ?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Car IQ's stage. Their profiles are linked below.

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