Motive

company

About

Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy.

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

Number of Funding Rounds
Total Funding Amount
9
$567.30M
Motive has raised a total of $567.30M in funding over 2 rounds. Their latest funding was raised on May 25, 2022 from a Series F round.
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

Number of Investments
Number of Lead Investments
2
0
Motive has made 2 investments. Their most recent investment was on Nov 16, 2022, when Virtualness raised $8M.
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

Number of Lead Investors
Number of Investors
8
17
Motive is funded by 17 investors. Insight Partners and Kleiner Perkins are the most recent 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

Number of Employee Profiles
31
Motive has 31 current employee profiles, including Employee John Gleeson
Employee
Executive
Advisor
Executive

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