Car IQ

Founded in 2016, Car IQ Inc. is a leading provider of vehicle payment solutions. The company's core mission is to create a secure and simplified payment ecosystem for cars and commercial fleets, eliminating the need for physical credit cards for expenses like fuel, tolls, parking, and maintenance. By leveraging vehicle data to authenticate and authorize transactions—a process they term "Know Your Machine®"—Car IQ's platform enables vehicles to pay directly, which reduces fraud, streamlines expense management, and provides fleets with detailed, real-time transaction data.