"These funds will allow us to move faster and meet the market demands from fleets in the commercial and OTR trucking spaces," said Sterling Pratz, CEO of Car IQ. "Incorporating vehicle data to the payment transaction is a game-changer: we can determine what the vehicle needs before it buys, validate the purchase after the fact, and make the experience for the driver completely frictionless."

https://www.news-journal.com/car-iq-raises-15m-in-oversubscribed-addition-to-series-b-led-by-forte-ventures-with/article_adad38d0-940c-5fd3-abee-660f1f859406.html