Car IQ Inc.

Drive your fleet into the future.

Founded 2016

San Francisco, United States 69 employees Series B Total: $41.98M Big Data, Financial Services +4

General Information

Company Name Car IQ Inc.

Founded Year 2016

Location

San Francisco, United States

Employees 69

Industries Big Data, Financial Services, Fintech +3

Funding Stage Series B

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United States Market

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Car IQ Inc. Alternatives

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About Car IQ Inc.

Car IQ Inc., founded in 2016, is revolutionizing the payments landscape with its cutting-edge solution, Car IQ Pay. The company is driving innovation in the Big Data, Financial Services, Fintech, Logistics, Payments, and Automotive industries.

Headquartered in San Francisco, California, Car IQ offers a technology that eliminates physical cards by connecting vehicles directly to merchants for secure and seamless payments. It provides fleets with detailed insights through telematics and vehicle data, consolidating transactions into a single ledger to enhance financial management. Merchants benefit from tailored, location-based offers that cater to customer needs while mitigating risks such as chargebacks and disputes.

With strategic backing from prominent players like Visa, Forte Ventures, State Farm Ventures®, and Bridgestone, Car IQ secured a $15.00M Series B investment on 07 February 2023. This financial support is a testament to its potential to lead the future of fleet payments.

Business keywords: Fleet Management, Telematics, Vehicle Payments, Financial Technology, Payments Solution, Fraud Prevention, Connectivity, Merchant Services, Corporate Venture Capital, Tech Stack Integration, Risk Mitigation, Marketing Technology, Insurance Partnerships

Services & Products

Streamlining and automating various fleet payment processes, including fuel, tolling, service and repair payments, insurance payments, and parking payments.

Developing and providing a cutting-edge financial technology platform that uses vehicle data to authenticate and process transactions.

Target Customers

Offering a user-friendly app designed to streamline fuel payment processes for drivers, making pit stops quicker and hassle-free. Enabling merchants to accept payments directly from vehicles and benefit from innovative marketing opportunities. Providing tools for managing and controlling vehicle transactions, reconciling expenses, and gaining insights into fleet expenditure.

Funding Rounds & Investors (8)

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Funding Stage	Amount	Investors	Lead Investors	Date
Series B	$15.00M	9	EnerTech Capital, Telus Ventures +7	07 Feb 2023
Convertible Note	$1.50M	-		04 May 2022
Series B	$15.00M	10	Citi Ventures, Quest Venture Partners +8	11 Aug 2021
Convertible Note	$2.70M	-		03 Apr 2020
Series A	$6.00M	8	Citi Ventures, Quest Venture Partners +6	25 Jun 2019
Seed Round	$463.00K	1	Plug and Play	03 Aug 2018
Seed Round	$815.00K	-		01 Feb 2018
Seed Round	$500.00K	1	Alpana Ventures	20 Feb 2017

Car IQ Inc. Alternatives & Competitors

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Car IQ Inc. vs

Flock United Kingdom

Insurance for commercial fleets. On a mission to make the world quantifiably safer.

Series B

84 employees

AI, Big Data

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Car IQ Inc. vs

Dibee Vietnam

Fast. Secure. Cashless

10 employees

Enterprise, Logistics

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Car IQ Inc. vs

TIS (Treasury Intelligence Solutions) Germany

Cash Control. Payment Precision.

Debt Financing

270 employees

Big Data, Cloud Infrastructure

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FAQ About Car IQ Inc.

Drive your fleet into the future.

Car IQ Inc. was founded in 2016.

Car IQ Inc. is headquartered in San Francisco, United States.

Car IQ Inc. operates in Big Data, Financial Services, Fintech, Logistics, Payments and Automotive. Its work centres on Fleet Management, Telematics, Vehicle Payments and Financial Technology. Its customers include Offering a user-friendly app designed to streamline fuel payment processes for drivers, making pit stops quicker and hassle-free., Enabling merchants to accept payments directly from vehicles and benefit from innovative marketing opportunities. and Providing tools for managing and controlling vehicle transactions, reconciling expenses, and gaining insights into fleet expenditure..

Car IQ Inc. has approximately 69 employees.

Car IQ Inc. has completed 8 funding rounds, raising a total of $41.98M. The latest funding stage is Series B.

Car IQ Inc. offers: Streamlining and automating various fleet payment processes, including fuel, tolling, service and repair payments, insurance payments, and parking payments., Developing and providing a cutting-edge financial technology platform that uses vehicle data to authenticate and process transactions..

Top alternatives and competitors to Car IQ Inc. include Flock, Dibee, TIS (Treasury Intelligence Solutions), OpenPath, Gigapay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Car IQ Inc. and Flock are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Car IQ Inc., https://bouncewatch.com/company/car-iq-inc, updated 5 November 2025. When citing, please name BounceWatch and link this page.