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CarDATA

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Non-taxable, risk minimizing vehicle reimbursement programs offer savings for companies moving from company cars, cents per mile, or flat taxable plans

Boston, United StatesFounded 1999Transportation
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for CarDATA and the history behind them.

About CarDATA

CarDATA, also known as Cardata, is a management consulting firm that specializes in vehicle reimbursement and risk management programs for companies across North America. The company provides a comprehensive solution for businesses that have employees who use their personal vehicles for work-related purposes.

The core of Cardata's offering is a software-based platform that simplifies the process of mileage tracking and reimbursement. This platform includes a mobile application for employees to capture their mileage accurately. The software also provides detailed reporting and analytics for management, offering insights into workforce mobility and associated costs. Cardata's services are designed to ensure that reimbursements are fair, accurate, and compliant with tax regulations, thereby avoiding potential tax waste for both the company and its employees.

The company targets a wide range of clients, from small businesses to large enterprises, across various industries where employees are mobile. The business model is primarily based on providing its software and services on a subscription basis. Cardata also offers consulting services to help companies design and implement vehicle reimbursement programs that are tailored to their specific needs.

Cardata integrates with other expense management systems, such as SAP Concur, to streamline the overall expense reporting process for its clients. The company emphasizes its expertise in compliance and risk management, helping businesses navigate the complexities of vehicle-related regulations and insurance requirements.

Source: Dealroom company data

At a glance

Founded
1999
Headquarters
Boston, United States
Sector
Transportation

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later3 investors entered at this stage

  • Spruce Grove Capital
  • MassMutual Ventures
  • Wavecrest Growth Partners
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇦 Canada79.7%
🇺🇸 United States20.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

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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

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