Fundraising Fox

CarIQ Pay

Founded 2016 · 47 employees on LinkedIn · 4 known investors

Car IQ (Car IQ Pay, now branded Element Pay) is a vehicle-embedded payment platform that lets fleet vehicles connect directly to fuel pumps, toll gantries, and EV chargers to pay without physical fleet cards. It provides fleets with a single ledger for fuel and toll transactions, fraud reduction, dynamic authorization, and vehicle data to control fuel costs across the United States.

Investors · 4

Competitors · 5

by search overlap
CarPay32 shared keywordsCarpay provides account management, payment reminders, and multi-channel payment collection (mobile app, SMS, IVR, and web) for Buy Here Pay Here (BHPH) auto dealerships. Its platform syncs bidirectionally with major BHPH dealer management systems and offers portfolio dashboards showing delinquency aging, autopay adoption, and reminder analytics.
Ramp27 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
WEX, Inc.25 shared keywordsWEX provides business payment solutions, including corporate payments, mobility/fleet payments, and employee benefits offerings. It serves businesses globally across payments and mobility sectors.
Experian24 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Chase24 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.

Companies competing with CarIQ Pay for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does CarIQ Pay do?
Car IQ (Car IQ Pay, now branded Element Pay) is a vehicle-embedded payment platform that lets fleet vehicles connect directly to fuel pumps, toll gantries, and EV chargers to pay without physical fleet cards. It provides fleets with a single ledger for fuel and toll transactions, fraud reduction, dynamic authorization, and vehicle data to control fuel costs across the United States.
Who are CarIQ Pay's investors?
CarIQ Pay's investors include Band of Angels, EnerTech Capital, Quest Venture Partners, YAR Ventures.