Simplify Logo

Full-Time

Account Executive

Confirmed live in the last 24 hours

Car IQ

Car IQ

51-200 employees

Fleet payment platform utilizing real-time data

Automotive & Transportation
Fintech

Compensation Overview

$160k - $200kAnnually

+ Commission + Equity

Senior

San Francisco, CA, USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Hubspot
Requirements
  • Bachelor’s degree from a four year university
  • Minimum of 5 years experience in B2B sales with 3 years of full sales cycle experience as an AE
  • Outstanding communication skills
  • Ability to identify and engage decision makers within a prospective client organization
  • Capable of demonstrating value and handling objections for a credit product
  • Comfort performing fast-paced, transactional, outbound and inbound sales
  • Strong sales toolkit: you can prospect, qualify, demonstrate, negotiate, and close deals
  • Interest in the logistics space and adjacent markets
  • Analytical and data-driven
  • Embraces a growth mindset
  • Consistent track record of hitting or exceeding sales targets in a fast-paced environment
  • High adaptability and understanding of change within the evolution of a startup
  • Excellent verbal and written communication skills
  • Interest in the logistics space and adjacent markets
  • Analytical and data-driven
  • Preferred Skills: Startup experience
  • Familiarity with Fleet management & logistics industry.
  • Understanding of the Payment ecosystem.
  • Experience selling to CFOs or into the finance organization.
Responsibilities
  • Drive revenue growth by acquiring new customers and expanding existing accounts in the 50-500 vehicle market segment.
  • Own the entire sales cycle from prospecting to closing, leveraging data and sales methodologies to identify customer needs and adapt selling strategies accordingly
  • Leverage sales methodologies (MEDDIC) to uncover customer needs and pain points
  • Build and maintain a robust sales pipeline through strategic outbound prospecting, inbound lead qualification, and effective & thoughtful nurturing campaigns
  • Collaborate cross-functionally with marketing and product teams to optimize customer engagement and enhance the overall customer experience and Share customer feedback with Car IQ colleagues in product, finance, and risk to improve the user experience
  • Achieve and exceed sales targets while providing valuable insights to improve sales strategies and processes.
  • Attend industry events and company events to meet with and share experiences with customers and prospects.
  • Proactively develop recommendations to improve and optimize our sales engine
  • Maintain a startup mindset: be Willing to roll up their sleeves and jump in where needed
  • Reporting sales-related activities within Hubspot

Car IQ focuses on improving fleet operations by providing a payments platform designed for managing all fleet-related expenses. The platform uses real-time vehicle data to verify transactions, which allows businesses to make payments without relying on traditional credit cards. This approach not only simplifies the payment process but also reduces the administrative work involved in managing fleet expenses. Car IQ's services cover various payment needs, including fuel purchases and electric vehicle charging, while also incorporating features for fraud monitoring and prevention. Unlike many competitors, Car IQ offers a centralized portal that caters to both small and large businesses, making it easier for clients to enhance their operational efficiency. The company's goal is to streamline payment processes for businesses with vehicle fleets, ultimately helping them save time and reduce costs.

Company Stage

Series B

Total Funding

$42.7M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-1%

2 year growth

252%
Simplify Jobs

Simplify's Take

What believers are saying

  • The partnership with Rahal Letterman Lanigan Racing boosts Car IQ's brand visibility and credibility in the automotive sector.
  • Collaborations with Lewis & Clark Bank and Fluid Truck demonstrate Car IQ's ability to innovate and streamline fleet management, potentially attracting more business clients.
  • The integration of Car IQ Pay into Fluid Truck's app simplifies the payment process for fleet drivers, enhancing user experience and operational efficiency.

What critics are saying

  • The in-vehicle payment market is still emerging, and widespread adoption may take time, impacting Car IQ's growth trajectory.
  • Dependence on partnerships with banks and fuel stations could pose risks if these relationships falter or if competitors form similar alliances.

What makes Car IQ unique

  • Car IQ's autonomous payment platform eliminates the need for physical credit cards, setting it apart from traditional fleet payment solutions.
  • The strategic partnership with Visa enhances Car IQ's credibility and expands its reach in the in-vehicle payment market.
  • Car IQ's integration with major fuel stations like Exxon and Mobil provides a seamless payment experience for fleet drivers, unlike competitors who may lack such extensive networks.

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