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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, IoT Hardware, Computer Vision, Logistics Software, Vertical SaaS

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

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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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%

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

Key People

Founding team and executive leadership

Shoaib Makani

Co-founder and CEO

Founding Team

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

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.

Motive Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Motive Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersSan Francisco, California
Employee Range259
Year Founded2013
Last FundingSep 10, 2026

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