# Car IQ funding: rounds and investors > Car IQ has raised $13M across 2 rounds since 2019. Investors include Plug and Play, Quest Venture Partners and Alumni Ventures. Every round with its source. Source: https://millionrounds.com/company/car-iq (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Car IQ* 2 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Automotive & EVs Fintech Funding summary Updated 26 Oct 2026 **$13M** raised across 2 rounds since 2019, from 2 sources **$5.0M** Series A **$8.0M** Venture - **Latest round:** Venture, $8.0M Jul 2025 - **Step-up i:** 1.6× - **Investors:** 11 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2020 2021 2022 2023 2024 2025 **$5.0M** Series A **$8.0M** Venture - **First round:** Series A, $5.0M - **Biggest round:** $8.0M - **Between rounds:** 6 years ## The rounds - **Jul 2025** Venture **$8.0M** *5 new* *1 returning* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Citibank](https://millionrounds.com/fund/citi) [Visa](https://millionrounds.com/fund/visa) [Scrum Ventures](https://millionrounds.com/fund/scrum-ventures) [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Source recorded - **Jun 2019** Series A **$5.0M** *6 new* [Quest Venture Partners](https://millionrounds.com/fund/quest-venture-partners) Lead [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Citi Ventures](https://millionrounds.com/fund/citi-ventures) [Alpana Ventures](https://millionrounds.com/fund/alpana-ventures) [Avanta Ventures](https://millionrounds.com/fund/avanta-ventures) [Spike Ventures (an Alumni Ventures Fund)](https://millionrounds.com/fund/spike-ventures-an-alumni-ventures-fund) Reported by FinSMEs ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2019 **Venture** 2025 [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Quest Venture Partners](https://millionrounds.com/fund/quest-venture-partners) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Citibank](https://millionrounds.com/fund/citi) [Visa](https://millionrounds.com/fund/visa) [Scrum Ventures](https://millionrounds.com/fund/scrum-ventures) [Citi Ventures](https://millionrounds.com/fund/citi-ventures) [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) [Alpana Ventures](https://millionrounds.com/fund/alpana-ventures) [Avanta Ventures](https://millionrounds.com/fund/avanta-ventures) ## Everyone who backed them [Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **2** rounds [Quest Venture Partners](https://millionrounds.com/fund/quest-venture-partners) VC firm **1** round, led 1 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round [Visa](https://millionrounds.com/fund/visa) Corporate VC **1** round [Scrum Ventures](https://millionrounds.com/fund/scrum-ventures) VC firm **1** round [Citi Ventures](https://millionrounds.com/fund/citi-ventures) Corporate VC **1** round [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Growth equity **1** round [Alpana Ventures](https://millionrounds.com/fund/alpana-ventures) VC firm **1** round [Avanta Ventures](https://millionrounds.com/fund/avanta-ventures) Accelerator **1** round [Spike Ventures (an Alumni Ventures Fund)](https://millionrounds.com/fund/spike-ventures-an-alumni-ventures-fund) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=car-iq). ## Quick answers about Car IQ ### Who invested in Car IQ? Car IQ's investors include Plug and Play, Quest Venture Partners, Alumni Ventures, Citibank and Visa, and 6 more on record. ### How much has Car IQ raised? Car IQ has raised $13M across 2 rounds since 2019. ### When did Car IQ last raise? Car IQ's most recent round was a Venture of $8.0M in Jul 2025. ### What was Car IQ's biggest round? Its most recent round, $8.0M in Jul 2025, is also its largest on record. ### Who backed Car IQ first? Car IQ's first round on record, in Jun 2019, was backed by Quest Venture Partners, Plug and Play and Citi Ventures and 3 others. ### What stage is Car IQ at? Car IQ's latest named round is a Venture, in Jul 2025. ### Where is Car IQ based? Car IQ is based in the United States. ### Who led Car IQ's rounds? Quest Venture Partners led the Series A in 2019. ## Companies like Car IQ In the same sector, and raised in the last eighteen months. [**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**VIVA Finance** $370M · Oct 2026](https://millionrounds.com/company/viva-finance) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app