Car IQ, the market leader in motor vehicle payments, raised an additional $15 million in an oversubscribed round led by Forte Ventures and new strategic investors Visa, Bridgestone, Navistar, and Circle K, Existing investors State Farm Ventures, TELUS Ventures, and Avanta Ventures also participated, bringing the total amount of funding raised to date by the niche payments technology firm to $42 million.
Car IQ Raises $15M in Oversubscribed Addition to Series B Led by Forte Ventures With Participation From Visa, Bridgestone, Navistar, Circle K