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Motive

Motive

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

Last Round

VC Round

Jul 30, 2025

Est. Valuation

$2.85B

Total Funding Raised

$565M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Motive is a fleet management and safety software company that provides an AI-powered platform combining IoT hardware with software for vehicle and equipment tracking, driver safety, compliance, and spend management.

Sector

Mobility, Transportation & Logistics

Verticals

Fleet Management, Vertical SaaS, Computer Vision, Compliance

Business Model

B2B

Customer Profile

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

AI Layer

Application

Keywords

fleet managementAI dashcamtelematicselectronic logging deviceELDdriver safetyfleet carde-logGPS trackingspend managementasset trackingoperations platformHOS compliancecomputer visionhardware-enabled SaaSphysical 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 Comps

Public and private peers based on sector, stage, and business model.

Motive comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Motive Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundJul 30, 2025
Series FMay 25, 2022
Series EJun 17, 2021
Corporate FundingSep 10, 2019
Series DApr 23, 2019
Series C
Mar 20, 2018

Key People

Founding team and executive leadership

Dan Short

Chief Financial Officer

Executive Team

Motive Investors

Notable investors and investment history

Motive investors
InvestorRounds
AllianceBernsteinVC Round
Greenoaks Capital PartnersSeries E, Series D
GVSeries B, Series A, Series E, Series C, Series D
Scale Venture PartnersSeries E, Series C, Series D, Series B
Institutional Venture Partners (IVP)Series E, Series D, Series C
Index VenturesSeries B, Series E, Series C, Series D, Series A
Kleiner PerkinsVC Round, Series F

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 21, 2026

    Monthly visitors increased 33% MoM to 75.7K.

  • Jul 30, 2025

    $150M round led by Kleiner Perkins.

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 FundingJul 30, 2025

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