Motive
About
Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy.
- San Francisco,California,United States
- 1001 - 5000
- http://gomotive.com
Details
- Last Funding Type
- Series F
- Last Funding Money Raised
- $150M
- Industries
- Artificial Intelligence,Logistics,SaaS,Transportation
- Founded date
- Jan 1, 2013
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
- Legal Name
- Motive Technologies, inc.
Motive is a remote-first company that serves more than one million drivers and over 100,000 businesses that power the physical economy by building technology to improve the safety, productivity, sustainability, and profitability of businesses that power the physical economy. Shoaib Makani and his co-founders Ryan Johns and Obaid Khan founded the company in 2013 to serve the trucking industry, a workforce that is essential to the economy but underserved by technology. The Motive Automated Operations Platform combines IoT hardware with AI-powered applications to automate vehicle and equipment tracking, driver safety, compliance, maintenance, spend management, and more. Motive serves more than 120,000 businesses, across a wide range of industries including trucking and logistics, construction, oil and gas, food and beverage, field service, agriculture, passenger transit, and delivery. Motive has more than 3,500 employees across 8 global offices.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 25, 2022 | Series F | $150M | 8 |
Insight Partners
Kleiner Perkins
|
— | Detail |
| Dec 2, 2021 | Secondary Market | — | 1 | — | — | Detail |
| Apr 30, 2021 | Series E | $190M | 7 |
G2 Venture Partners
|
— | Detail |
| Sep 10, 2019 | Corporate Round | — | 2 |
ITOCHU Corporation
|
— | Detail |
| Apr 23, 2019 | Series D | $149M | 5 |
Greenoaks
|
— | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Nov 16, 2022
Virtualness
|
Seed | $8M | Information Technology | — |
|
May 30, 2021
Plum
|
Series A | $15.60M | Employee Benefits | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Insight Partners
|
Yes | Series F |
|
Kleiner Perkins
|
Yes | Series F |
|
G2 Venture Partners
|
Yes | Series E |
|
ITOCHU Corporation
|
Yes | Corporate Round |
BBQ Capital
|
— | Series F |
|
Greenoaks
|
— | Series F |
GV
|
— | Series F |
Index Ventures
|
— | Series F |
IVP
|
— | Series F |
Scale Venture Partners
|
— | Series F |
Employee Profiles
Acquisition
Motive has acquired 1 organizations. Their most recent acquisition was Supervaisor on May 11, 2022. They acquired Supervaisor for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
May 11, 2022
Supervaisor
|
Information Technology | acquisition | — | Detail |
