Tech Company Financing Transactions

Car IQ Funding Round

Car IQ secured a $15 million Series B funding round on 2/7/2023. Backers included Forte Ventures, Avanta Ventures and Bridgestone Americas.

Transaction Overview

Company Name
Announced On
2/7/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to accelerate the expansion of its payment platform and to add new commerce categories such as electric vehicle charging, repairs, registration, and insurance.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1 Market St.
San Francisco, CA 94104
USA
Email Address
Overview
Car IQ a leader in vehicle commerce technology is developing a payment gateway for fleet managers that enables autonomous validation and payment for services removing the need for credit cards in vehicle service and payment workflows.
Profile
Car IQ LinkedIn Company Profile
Social Media
Car IQ Company Twitter Account
Company News
Car IQ News
Facebook
Car IQ on Facebook
YouTube
Car IQ on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sterling Pratz
  Sterling Pratz LinkedIn Profile  Sterling Pratz Twitter Account  Sterling Pratz News  Sterling Pratz on Facebook
Chief Technical Officer
Ryan Tabibian
  Ryan Tabibian LinkedIn Profile  Ryan Tabibian Twitter Account  Ryan Tabibian News  Ryan Tabibian on Facebook
VP - Bus. Development
Sean Lanahan
  Sean Lanahan LinkedIn Profile  Sean Lanahan Twitter Account  Sean Lanahan News  Sean Lanahan on Facebook
VP - Finance
Robert Wilen
  Robert Wilen LinkedIn Profile  Robert Wilen Twitter Account  Robert Wilen News  Robert Wilen on Facebook
VP - Product Management
Khalid El-Awady
  Khalid El-Awady LinkedIn Profile  Khalid El-Awady Twitter Account  Khalid El-Awady News  Khalid El-Awady on Facebook
VP - Sales
David Sedlacek
  David Sedlacek LinkedIn Profile  David Sedlacek Twitter Account  David Sedlacek News  David Sedlacek on Facebook


 

 

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We do our best to document all VC transactions involving tech companies. VC transactions on this site come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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