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
Investors
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
San Francisco, CA 94104
USA
Phone
Website
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.
Management Team
Title
Name
Email & Social
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