C

Cardata

Mileage tracking and vehicle reimbursement software

Overview

Cardata provides a software platform and consulting services to manage vehicle reimbursement and risk for employees using personal cars for work. Its core product automates mileage tracking and reimbursements via a mobile app, with management reporting and analytics, and it integrates with expense systems like SAP Concur. The service emphasizes compliance with tax and insurance rules to ensure fair, accurate reimbursements and reduce risk, while offering customized consulting to design vehicle-reimbursement programs. Its goal is to simplify administration, cut tax waste, and help organizations of all sizes manage a mobile workforce efficiently.

Work here?Claim your company

About Cardata

Simplify's Rating
Why Cardata is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsConsultingEnterprise SoftwareFintech

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$73.3M

Headquarters

Boston, Massachusetts

Founded

1999

Get referred to Cardata

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Cardata launched AI-powered Cardata Intelligence in July 2025.
  • Cardata hired Tierney Toussaint and Winnie Chen in July 2025.
  • The 2023 Wavecrest and MassMutual round supplied $100 million for expansion.

What critics are saying

  • Motus leads Cardata on G2, 4.4 stars versus 4.3, pressuring pricing.
  • Zoho Expense, Everlance, and SAP Concur commoditize mileage reimbursement for buyers.
  • If bundlers own reimbursement workflows, Cardata shrinks into a replaceable feature.

What makes Cardata unique

  • Cardata owns managed, IRS-compliant reimbursement workflows across the United States and Canada.
  • Its 2026 portal combines mileage tracking, compliance status, and reimbursement decisions.
  • SAP Concur integration keeps Cardata embedded inside existing enterprise expense workflows.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$73.3M

Above

Industry Average

Funded Over

1 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Remote Work Options
  • Flexible Work Hours
  • Health Savings Account/Flexible Spending Account
  • Wellness Program
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-7%
PR Newswire
Sep 28th, 2023
Cardata Raises $100M In Capital To Accelerate Growth And Investment In Product Innovation

TORONTO, Sept. 28, 2023 /PRNewswire/ -- Cardata , a leading provider of tax-compliant mileage reimbursement software to leading global organizations, today announced a new round of growth investment led by Wavecrest Growth Partners, with participation from MassMutual Ventures.Founded in 1999, Cardata provides a suite of reimbursement software, compliance programs, and business intelligence tools for companies whose employees drive their personal cars for work.Over the past three years, under the leadership of Sheret Ross and Michael Levine, Cardata has tripled its annual recurring revenue, growing by over 200% in aggregate. Cardata is on track for another record breaking revenue growth year. This latest strategic investment will accelerate the Company's market coverage and pace of innovation in both its core systems and new products, enabling it to continue to support its rapidly growing customer base.Sheret Ross, CEO at Cardata, said, "Companies are turning to more efficient vehicle programs to deliver benefits and savings to their employees. As Cardata has helped tens of thousands of drivers get reimbursed for using their personal car for work, we aim to unlock more value for our users and expand our market coverage. This strategic investment from Wavecrest and MassMutual will accelerate the pace of our product innovation and help us continue to deliver a superior experience, along with new products, for our users."Michael Levine, President at Cardata, said, "This significant investment represents a pivotal moment in our company's journey

FinSMEs
Mar 26th, 2021
CarData Consultants Secures Growth Investment From Spruce Grove Capital

CarData Consultants, an Oakville, Ontario, Canada-based provider of vehicle reimbursement software, secured a growth investment from Spruce Grove Capital. The amount of the deal was not disclosed. The company intends to use the funds to accelerate its continued expansion within the corporate vehicle reimbursement market throughout North America. Founded in 1999 by John Domsy, CarData provides […]

Recently Posted Jobs

Sign up to get curated job recommendations

Cardata is Hiring for 8 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs