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Cardata
Vehicle reimbursement solution
- 21-100 employees
- B2B
- Travel
- Cars
- Logistics
- Transport
- Government Center, Boston, MA
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Company mission
To be the easiest, most cost-effective way to reimburse your employees for using their personal vehicle.
Our take
Though it was founded in 1999, Cardata’s products are more important than ever. Amidst international moves towards hybrid work set ups and a more intense focus on electric vehicles and carbon reduction, the daily commute has become a real sticking point for companies negotiating with their employees.
Cardata’s suite of reimbursement software, compliance programs and business intelligence tools help companies manage the personal vehicles of their employees. Its tools include IRS compliant tax-free car allowances, GPS tracking, and payment streamlining tools that help companies better manage their employees' travel, all without having to invest in a corporate car fleet.
Cardata has clearly evolved with the times and enjoyed a tripling of annual recurring growth since its new leadership team stepped in. It also received $100 million in growth equity in 2023, which is being put towards new and existing product innovation, and the increase of market coverage.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Opportunity for career progression in a growing company
- Bonus scheme
- Opportunity to work remotely
- Flexible working hours
- Medical & dental benefits with 100% employer paid premiums
- Healthcare spending account
- Wellness spending account
- 15 days of vacation + additional time off throughout the year
- 3 pit-stop days (Cardata's version of mental health days)
Company values
- We are relentless in our pursuit of customer success
- We win, or we learn
- Commitments matter
- We rely on each other
- We are hungry and fearless
- We remain open to change
- We work toward simplicity
- We have fun at work
Funding (1 round)
Sep 2023
$100m
GROWTH EQUITY VC
Total funding: $100m
Leadership
Sheret Ross
(CEO (Not Founder))Currently an Advisor at OneShield Software and previously advised at Tenstorrent. Was a Managing Partner at Spruce Grove Capital and a Stream Lead at Creative Destruction Lab.