FundedIQ
Financial Services

Car IQ: Funding, Investors & Team (Aug 2026)

Car IQ's innovative payment system eliminates the need for credit cards by connecting vehicles directly to merchants for secure transactions. By integrating with current technology systems and utilizing telematics and vehicle data, Car IQ provides fleets with in-depth vehicle information to monitor transactions and prevent fraud. The platform consolidates all payment records into one ledger, streamlining reconciliation processes and helping fleets manage expenses efficiently.

www.cariqpay.com LinkedIn San Francisco, United States 51-100 employees
Automotive Financial Services FinTech Fleet Management Fraud Detection Mobile Payments Payments B2B
Total raised
$8.0M
Rounds
1
Latest
Undisclosed round
Jul 2025

Car IQ has raised $8.0M across 1 funding round on record, the most recent an undisclosed round of $8.0M announced in Jul 2025.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Car IQ Company Profile and Key Stats

Total funding raised
$8.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$8.0M in Jul 2025
Employees
51-100
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Jul 2025.

Car IQ Funding Rounds

Date
Round
Amount
Undisclosed round
$8.0M

Car IQ Founders and Leadership Team

Name
Role
Contact
Sterling Pratz
Founder
Locked

Contact details for the Car IQ team: 1 of 1 has an email address on file.

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Car IQ Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Car IQ's latest round of $8.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Car IQ Funding FAQs

What does Car IQ do?

Car IQ's innovative payment system eliminates the need for credit cards by connecting vehicles directly to merchants for secure transactions. By integrating with current technology systems and utilizing telematics and vehicle data, Car IQ provides fleets with in-depth vehicle information to monitor transactions and prevent fraud. The platform consolidates all payment records into one ledger, streamlining reconciliation processes and helping fleets manage expenses efficiently.

How much funding has Car IQ raised?

Car IQ has raised $8.0M across 1 round on record. The most recent is an undisclosed round of $8.0M announced in Jul 2025.

When did Car IQ last raise funding?

Car IQ's most recent funding round on record is an undisclosed round of $8.0M, announced in Jul 2025.

Who founded Car IQ?

FundedIQ lists Sterling Pratz (Founder) at Car IQ.

Where is Car IQ headquartered?

Car IQ is based in San Francisco, California, United States.

How many employees does Car IQ have?

Car IQ is in the 51-100 employee band.

How does Car IQ's funding compare to other Financial Services startups?

Car IQ's latest round of $8.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Car IQ Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Car IQ is left off this page rather than filled in.

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