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
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $35M across 3 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Feb 2023 | Series B addition | $15M | — | Forte Ventures |
| Aug 2021 | Series B | $15M | — | Forté Ventures |
| Jun 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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