Car IQ

About Car IQ

Car IQ is a financial technology company that provides a smart, secure, and seamless vehicle payment platform for fleets. It aims to replace outdated fleet cards with a single payment solution for fuel and tolls, reducing fraud, saving time and money, and simplifying back-office operations with real-time digital receipts.

Products & Services

Car IQ Pay:A vehicle-embedded payment platform that connects vehicles directly to merchants for fuel and toll payments, offering dynamic authorization, fraud prevention, and cost-saving features like restricting access to expensive fuel stations.

Gas Payments:Enables fuel purchases with nationwide coverage, allowing drivers to unlock pumps and fill up almost anywhere.

Tolling Payments:Automates toll payments, sending transactions directly to a unified ledger for easy tracking.

High-Flow Diesel Support:Supports payments for all vehicle classes within a fleet, including high-flow diesel transactions.

EV Charging:Syncs vehicles with EV chargers on the platform without the need for additional apps.

Car IQ Pay App:A user-friendly app designed for drivers, eliminating the need for physical cards and simplifying transactions with instant digital receipts.

Car IQ Pay Platform:A vehicle-embedded payment platform that enables direct transactions between vehicles and merchants for fuel and tolls, eliminating the need for physical cards and reducing fraud.

Gas Payments:Nationwide coverage for unlocking fuel pumps and filling up at various locations.

Lowest Cost Fuel Control:Restricts access to expensive fuel stations, saving fleets an average of 30¢ per gallon.

Dynamic Authorization:Authorizes payments based on the specific fuel needs of the vehicle at the time of transaction.

Car IQ Pay App:An easy-to-use app for drivers that unlocks fuel pumps, processes payments, and collects digital receipts.

Telematics Integration:Integrates with existing fleet platform telematics for safe and seamless payments with comprehensive dashboards.

Specialties

Vehicle-Embedded Payments Fleet Payment Solutions Fraud Prevention Dynamic Transaction Authorization Telematics Integration Cost Control for Fuel and Tolls Vehicle-Initiated Payments Real-Time Transaction Validation EV Charging Payments

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Strategic Investment T: - FT: Strategic Investment	A: 8000000 MR: - FA: $8 million FAN: 8000000	D: 2025-07-29 FD: 2025-07-29	7 investors

Strategic Investment Latest

2025-07-29

$8.0M

7 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

E

Eloi Pereira

Head of Data Science

A

Arun Yadav

CTO

K

Kaylee Bryson

Professional Race Car Driver

S

Steve Bernardez

View 1 more team members with Pro

Unlock Full Team Directory

Recent News

Car IQ Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised