C
Car IQ
Marketing · San Francisco, United States · Founded 2016
Car Dealer Management System MoreLess
Car IQ is a financial technology company that specializes in transforming fleet operations through its cutting-edge payments platform. Serving both small and large businesses, Car IQ offers a comprehensive solution for managing all fleet-related payments in one easy-to-use portal. The platform leverages real-time vehicle data to authenticate transactions, eliminating the need for traditional credit cards and reducing administrative overhead. Car IQ's services include fuel payments, EV charging, and other fleet-related expenses, all while providing robust fraud monitoring and prevention. The company operates in the fleet management market and generates revenue through transaction fees and service subscriptions. Key clients include businesses with vehicle fleets looking to streamline their payment processes and enhance operational efficiency.
Keywords: Fleet payments, real-time data, fraud prevention, transaction management, financial technology, fuel payments, EV charging, fleet management, business efficiency, payment platform.
Company overview
Car IQ company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2016
- Headquarters
- San Francisco, United States
- Employees
- 50
- Open positions
- None listed
- Dealroom signal
- 33.9
Valuation & funding
Car IQ funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Dec 2025 | $0 | — | Element Fleet Management | ↗ |
| LATE VC✓Equity / VC | Jul 2025 | $8M | $75M | Financial Technology Partners | ↗ |
| SERIES B✓Equity / VC | Feb 2023 | $15M | $60M | State Farm Ventures · Navistar · Bridgestone Americas · Avanta Ventures | ↗ |
| SERIES B✓Equity / VC | Aug 2021 | $15M | $60M | Quest Venture Partners · Scrum Ventures · BlackBerry · Forte Ventures | — |
| SERIES A✓Equity / VC | Jun 2019 | $5M | $20M | Avanta partners · Alpana Ventures · Quest Venture Partners | — |
| CONVERTIBLE✓Equity / VC | Sep 2018 | Plug and Play | — | ||
| SEEDEquity / VC | Nov 2017 | Alpana Ventures | — | ||
| SEED✓Equity / VC | Feb 2017 | Polytech Ventures · Band of Angels · Alpana Ventures · Polytech Ecosystem | — | ||
| SEED✓Equity / VC | Jan 2017 | Alex Fries | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $7.1M | 0% | 47 |
| 2025 | $7.1M | 0% | 59 |
| 2024 | $7.1M | 0% | 69 |
| 2023 | $7.1M | +223.6% | 64 |
| 2022 | $2.2M | 0% | 19 |
| 2021 | $2.2M | — | 19 |
Growth signals
Car IQ website traffic
Latest recorded traffic for Car IQ is 3.5K monthly website visits, down 10.3% over the last three months. Car IQ's team declined 15.3% over the past year.
Comparisons
Car IQ compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
 MojioScalable, secure and hardware-agnostic, Mojio is the platform and SaaS solution provider of choice to build, launch and scale connected mobility services |
Vancouver, Canada | Operational | 45 | $60M | $65M |
 RideCellEnd-to-end SaaS solution for carsharing, ridesharing, car rentals and autonomous fleet management |
San Francisco, United States | Operational | |||
 AbracarGermany’s first professional car broker and a company of Allianz |
Munich, Germany | Closed | |||
 InstamotionMade it possible to purchase used cars 100% online |
Munich, Germany | Acquired | |||
 ParuVendu.frFrance's leading classifieds portal. |
Lyon, France | Acquired | |||
 AutoOfferSales tool for the purchase of new cars |
Copenhagen, Denmark | Operational | |||
 Car.grThe largest automobile and parts market in Greece |
Athens, Greece | Operational | |||
 RegitOnline platform for selling new and used cars as well as related finance and insurance services |
Manchester, United Kingdom | Operational |
Talent graph
Car IQ's talent
Source: Dealroom Talent Intelligence.
Investors
25 investors on Car IQ's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where Car IQ has talent and traffic
team presence
In the news
Latest news about Car IQ
Recent press, funding announcements, and product moves mentioning Car IQ — open to read from the original sources.
Market sentiment
What the market is saying about Car IQ
An AI-synthesized read of the highest-engagement posts about Car IQ on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Car IQ’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.