C
CarDATA
Non-taxable, risk minimizing vehicle reimbursement programs offer savings for companies moving from company cars, cents per mile, or flat taxable plans
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 dataAt a glance
- Founded
- 1999
- Headquarters
- Boston, United States
- Sector
- Transportation
Knowledge graph
More headlines
Investors
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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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