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Motive

Motive

Private
San Francisco, CaliforniaMobility, Transportation & Logisticshttps://gomotive.com

Last Round

Growth Equity

Sep 10, 2026

Est. Valuation

$2.85B

Total Funding Raised

$2.02B

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Motive is a technology company that provides an AI-powered integrated operations platform combining IoT hardware with applications to automate vehicle and equipment tracking, driver safety, compliance, and spend management for businesses in the physical economy.

Sector

Mobility, Transportation & Logistics

Verticals

Fleet Management, Logistics Software, IoT Hardware, Computer Vision, Accounting & Expense

Business Model

B2B

Customer Profile

Hardware + Subscription, Subscription SaaS, Hardware Sales, Payment Processing Fee, Services & Consulting, Freemium

AI Layer

Application

Keywords

fleet managementAI dashcamtelematicsfleet trackingELD complianceelectronic logging deviceELDdriver safetyAI for truckingspend managementfleet cardasset trackingHOS compliancefleet techvehicle gatewaycomputer visionphysical economy

Price History

Caplight MarketPrice™ estimate for Motive, published with a 90-day delay.

Delayed data

Caplight MarketPrice™

$5.13

per share, as of May 2026

+33.2%

2-year change

The most recent months of MarketPrice™ are available to Caplight clients.

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Caplight MarketPrice™ is an estimate of private secondary market pricing, shown here on a delayed basis for illustrative purposes only. It may be incomplete, is subject to change, and may not be relied upon for any purpose or considered investment advice.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

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Motive Comparables

Compare Motive with similar companies based on industry and business-model similarity.

Motive comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Samsara Inc
89%
Lytx
84%
Teletrac Navman
82%
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Motive Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Growth EquitySep 10, 2026
Series F ExtentionJul 30, 2025
Series FMay 25, 2022
Series EJun 17, 2021
Series DApr 23, 2019
Series C
Mar 20, 2018
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Key People

Founding team and executive leadership

Shoaib Makani

Co-founder and CEO

Founding Team

Chirag Shah

Chief Financial Officer

Executive Team

Dan Short

Chief Financial Officer

Executive Team

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Motive Investors

Notable investors and investment history

Motive investors
InvestorRounds
Neo VenturesSeries F
AllianceBernsteinSeries F Extention
Bosch VenturesSeries E
Greenoaks Capital PartnersSeed, Series F, Series E
GVSeries D, Seed, Series F, Series A, Series B, Series C, Series E
General Catalyst's Customer Value FundGrowth Equity
Bernstein ResearchSeries F Extention
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 10, 2026

    $1.3B round led by General Catalyst's Customer Value Fund

  • Aug 5, 2026

    Recognized as a Forbes Cloud 100 company.

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Recent news

Latest coverage and updates

  • receives_awardOct 30, 2026

    Light Reading awards Motive and Vivo Brazil the 2026 Light Reading Leading Lights Award for Outstanding Use Case: Network API Monetization for their first commercial-scale deployment of SIM-based silent authentication in Latin America on Oct 29th '26'.

  • recognized_asSep 14, 2026

    Motive recognized as leader in Entitlement Server solutions.

  • launchesSep 14, 2026

    Motive launched Entitlement Server general availability for iPhone Duo, iPhone 18 Pro and iPhone 18 Pro Max on Sep 14th '26.

  • launchesSep 14, 2026

    On Sep 14th '26 in Canada, Motive announces general availability of Motive Entitlement Server support for iPhone Duo and the iPhone 18 series, enabling operators to support the devices from day one through a cloud-native platform.

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Motive Filings

Explore SEC and related filing metadata, where available.

Motive filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

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Frequently Asked Questions

Common questions about Motive's valuation, stock price, and market status.

Is Motive a public or private company?

Motive is a private company.

What is the current stock price of Motive?

Motive is a private company, so its shares have no public market price. Caplight tracks Motive's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Motive worth (valuation)?

Motive's valuation is estimated at $2.9B based on funding round data.

Can I buy Motive stock?

Motive shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Motive's last funding round?

Motive's most recent funding round was Growth Equity on September 10, 2026.

Who are the main investors in Motive?

Key investors in Motive include General Catalyst's Customer Value Fund, Scale Venture Partners, Institutional Venture Partners (IVP), Index Ventures, Kleiner Perkins.

Will Motive IPO soon?

No public IPO plans have been announced for Motive.

How can I track Motive secondary market activity?

Caplight tracks bids, offers, and trades in Motive's shares on secondary markets.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range4,529
Year Founded2013
Last FundingSep 10, 2026

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