- Headquarters
- San Francisco, California
- Employees
- 11–50
- Founded
- 2016
- Business Model
- B2B
- Website
- gocariq.com
- Total Funding
- $35.0M
- Last Round
- $15.0M Extension RoundFeb 2023
- Rounds
- 3
About
Car IQ is a vehicle payment technology company that enables fleet vehicles to initiate and complete secure payments autonomously without physical credit cards. Its Car IQ Pay platform connects vehicles directly to merchants using vehicle identity data, allowing fleets to pay for fuel, tolls, parking, and other services. The platform integrates with telematics systems and connects to major networks including Visa and Discover. Car IQ's Know Your Machine technology authenticates vehicles as trusted payment devices. The company was announced to be acquired by Element Fleet Management in December 2025.
Summary
Car IQ is an Energy company based in San Francisco, United States, founded in 2016. It has raised $35.0M in total across 3 rounds, most recently a $15.0M Extension Round round in Feb 2023.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Feb 2023
Sign up to see all 3 rounds
Series A through Extension Round — per-round amounts, valuations, and who invested in each round.
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