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2024 Revenue

$9.5M(Est.)

Funding

$0

Team

69

Founded

2016

Car IQ Revenue (2024)

Car IQ generated an estimated $9.5M in annual revenue in 2024. Source: GetLatka estimate

Developer of a vehicle payment technology platform designed for fleet managers to simplify and automate dealer systems. The company's platform offers end-to-end automotive CRM and inventory management solutions and develops a payment gateway that enables autonomous validation and payment for services removing the need for credit cards in vehicle service and payment workflows, enabling dealers to manage their car inventories, customer services and eliminating vehicle expense fraud.

Last updated

Car IQ Revenue

In 2024, Car IQ's revenue reached $9.5M. The company previously reported $5.4M in 2023. Since its launch in 2016, Car IQ has shown consistent revenue growth.

Car IQ Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$2M$4M$6M$8M$10M201620172018201920202021202220232024$0$1.8M$5.4M$9.5MSource: GetLatka.com
YearMilestoneSource
2024Car IQ Hit $9.5m revenue in October 2024Estimated
2023Car IQ Hit $5.4m revenue in December 2023Estimated
2021Car IQ Hit $1.8m revenue in April 2021Not recorded
2016Launched with $0 revenue

Car IQ Valuation, Funding Rounds

We do not have funding information about Car IQ yet.

No funding has been reported for Car IQ yet.

Founder / CEO

Sterling Pratz

CEO

Sterling Pratz, is the Founder and CEO of Car IQ, focused on creating the first identity verification and payment network for cars and machines. Sterling founded Car IQ after recognizing the lack of innovation and consistency within the connected car space, specifically around automotive payment solutions. He saw an opportunity for cars to connectand pay for their own services autonomously, removing the need for credit cards in vehicle service and payment workflows at the vehicle level. Prior to Car IQ Sterling founded and was the CEO of Autonet Mobile, an intelligent vehicle telematics and mobile App provider that was the first company to connect the car to mobility platforms. Customers and partnerships included several of the largest Automotive OEM's and Tier 1 Suppliers and wireless providers such as Fiat Chrysler Automobile, General Motors (Chevy, Cadillac and GM Fleet), Maserati, Subaru, along with Verizon, AT&T and Lear Corp. Sterling has more than 25 years of automotive experience in both racing and technology. He currently sits on the Board of Directors for the United States Auto Club and an adviser to several early stage companies.

Customers

We do not have customer count information for Car IQ yet.

Car IQ Employees & Team Size

Car IQ employs approximately 69 people as of 2026, up from 66 in 2023, including 1 sales reps that carry a quota.

Car IQ Team GrowthReported headcount over time01530456075201620172018201920202021202220232024006969Source: GetLatka.com
YearMilestoneSource
2024Reached 69 employees (December 2024)Not recorded
2024Reached 69 employees (October 2024)Not recorded
2023Reached 66 employees (December 2023)Not recorded
2022Reached 41 employees (December 2022)Not recorded
2021Reached 27 employees (December 2021)Not recorded
2021Reached 22 employees (April 2021)Not recorded

Frequently Asked Questions about Car IQ

What is Car IQ's revenue?

As of 2024, Car IQ generated an estimated $9.5M in annual revenue.

Who founded Car IQ?

Car IQ was founded by Sterling Pratz.

Who is the CEO of Car IQ?

The CEO of Car IQ is Sterling Pratz.

How many employees does Car IQ have?

As of 2024, Car IQ had 69 employees.

Where is Car IQ headquartered?

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

Compare Car IQ to the industry

Car IQ operates across multiple industries. Browse revenue, funding, and growth data for Car IQ in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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