Car IQ Closes an Oversubscribed $15 Million Series B Round for Fleet Vehicle Payment Platform

August 11, 2021, Oakland, CA – Car IQ Inc., developer of the first payment solution developed specifically for fleet vehicles, today announced it has raised $15 million in Series B funding. The round was led by Forté Ventures. Other new investors Ally Ventures, BlackBerry Limited (NYSE: BB; TSX: BB), State Farm Ventures®, and TELUS Ventures […]

Read More…

A Matter Of Trust: Car IQ Accelerates The Connected Automotive Future

Five years ago, connected cars were still very much a theoretical expansion of connected tech. As Car IQ Founder and CEO Sterling Pratz told PYMNTS, it wasn’t really an idea ready for development because the underlying infrastructure hadn’t been built yet. Connected cars, he said, are only as useful as what they connect to. “Fast forward to today, and gas pumps are […]

Read More…

Car IQ Secures $5 Million in Series A Funding to Accelerate Growth of Autonomous Payment Gateway for Vehicles

SAN FRANCISCO – June 25, 2019–Car IQ, a leader in vehicle payment technology, announced it has closed Series A funding of $5 million led by Quest Venture Partners with participation from new investors Avanta Ventures, Citi Ventures, Alpana Ventures, Plug and Play, and AVG’s Spike Ventures. Car IQ is developing a payment gateway that will […]

Read More…