Car IQ
Car IQ is a vehicle-as-payment platform enabling connected vehicle payments. Its Know Your Machine technology allows vehicles to initiate and complete secure payments directly with merchants without physical credit cards, serving commercial fleets.
Acquired
Car IQ has been acquired
This company is no longer available on our private secondary market.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2016
Employees
50–70
Total Funding
$35M
3 rounds
Funding
Total raised $35M across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series B addition
Date
February 2023
Amount
$15M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| February 2023 | Series B addition | $15M | — | Forte Ventures |
| August 2021 | Series B | $15M | — | Forté Ventures |
| June 2019 | Series A | $5M | — | Quest Venture Partners |
Prominent Investors
Leadership
Sterling Pratz
Founder & CEO
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Fuelman
Fleet fuel and payment management platform
Fleetio
Fleet maintenance and operations management software
Samsara
Connected operations platform for commercial fleets
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