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Motive valuation, funding and investors

Motive works in fleet management solutions, based in San Francisco, United States. Founded in 2013, it has about 6,210 employees.

VALUATION · TODAY
$14.61B +9% after Growth
Range $9.49B – $24.18B · Grade B
TODAY
+12 MO
$5.00B
$10.00B
$15.00B
$20.00B
$25.00B
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series B $18.0M
Series C $50.0M
Series D $149M
Series F $150M
Growth $1.30B
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY6,205 employees
+16%6m growth
+25%1y growth
+48%2y growth
2,500
5,000
7,500
Data from Feb 2023
TODAY
Predicted in 1 yr $15.89B +9% vs today
Predicted next raise $1.43B if a round comes
Winding-down probability 0%
Last round
Growth · $1.30B · Sep 2026
Valuation at last round
$14.44B · implied
Headcount
6,205 · up
Grade
B
Founded
2013
How VCMC values companies →

Motive valuation today

VCMC values Motive at $14.6B today, with a range of $9.5B to $24.2B and a grade of B. The valuation starts from its last funding round, a growth round in Sep 2026.

Valuation by date (172 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Motive: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2013$4.70M$1.71M – $12.9M$4.93M (+5%)before first round–unknownD0%
1 Feb 2013$4.72M$1.72M – $13.0M$4.95M (+5%)before first round–unknownD0%
1 Mar 2013$4.74M$1.73M – $13.0M$4.97M (+5%)before first round–unknownD0%
1 Apr 2013$4.76M$1.73M – $13.1M$4.99M (+5%)before first round–unknownD0%
1 May 2013$4.78M$1.74M – $13.1M$5.01M (+5%)before first round–unknownD0%
1 Jun 2013$4.80M$1.75M – $13.2M$5.03M (+5%)before first round–unknownD0%
1 Jul 2013$4.82M$1.75M – $13.2M$5.05M (+5%)before first round–unknownD0%
1 Aug 2013$4.83M$1.76M – $13.3M$5.07M (+5%)before first round–unknownD0%
1 Sep 2013$4.85M$1.77M – $13.3M$5.09M (+5%)before first round–unknownD0%
1 Oct 2013$4.87M$1.77M – $13.4M$5.11M (+5%)before first round–unknownD0%
1 Nov 2013$4.89M$1.78M – $13.4M$5.13M (+5%)before first round–unknownD0%
1 Dec 2013$4.91M$1.79M – $13.5M$5.15M (+5%)before first round–unknownD0%
1 Jan 2014$4.93M$1.79M – $13.5M$5.17M (+5%)before first round–unknownD0%
1 Feb 2014$4.95M$1.80M – $13.6M$5.19M (+5%)before first round–unknownD0%
1 Mar 2014$4.97M$1.81M – $13.6M$5.21M (+5%)before first round–unknownD0%
1 Apr 2014$4.99M$1.82M – $13.7M$5.23M (+5%)before first round–unknownD0%
1 May 2014$5.01M$1.82M – $13.8M$5.25M (+5%)before first round–unknownD0%
1 Jun 2014$5.03M$1.83M – $13.8M$5.27M (+5%)before first round–unknownD0%
1 Jul 2014$5.05M$1.84M – $13.9M$5.29M (+5%)before first round–unknownD0%
1 Aug 2014$5.07M$1.84M – $13.9M$5.31M (+5%)before first round–unknownD0%
1 Sep 2014$5.09M$1.85M – $14.0M$5.33M (+5%)before first round–unknownD0%
1 Oct 2014$5.11M$1.86M – $14.0M$5.35M (+5%)before first round–unknownD0%
1 Nov 2014$5.13M$1.87M – $14.1M$5.37M (+5%)before first round–unknownD0%
1 Dec 2014$5.15M$1.87M – $14.1M$5.39M (+5%)before first round–unknownD0%
1 Jan 2015$5.17M$1.88M – $14.2M$5.41M (+5%)before first round–unknownD0%
1 Feb 2015$5.19M$1.89M – $14.2M$5.44M (+5%)before first round–unknownD0%
1 Mar 2015$5.21M$1.90M – $14.3M$5.46M (+5%)before first round–unknownD0%
1 Apr 2015$5.23M$1.90M – $14.4M$5.48M (+5%)before first round–unknownD0%
1 May 2015$5.25M$1.91M – $14.4M$5.50M (+5%)before first round–unknownD0%
1 Jun 2015$5.27M$1.92M – $14.5M$5.52M (+5%)before first round–unknownD0%
1 Jul 2015$5.29M$1.93M – $14.5M$5.54M (+5%)before first round–unknownD0%
1 Aug 2015$5.31M$1.93M – $14.6M$5.69M (+7%)before first round–unknownD0%
1 Sep 2015$5.33M$1.94M – $14.6M$5.84M (+10%)before first round–unknownD0%
1 Oct 2015$5.35M$1.95M – $14.7M$5.99M (+12%)before first round–unknownD0%
1 Nov 2015$5.37M$1.96M – $14.8M$6.16M (+15%)before first round–unknownD0%
1 Dec 2015$5.39M$1.96M – $14.8M$6.32M (+17%)before first round–unknownD0%
1 Jan 2016$5.41M$1.97M – $14.9M$6.49M (+20%)before first round–unknownD0%
1 Feb 2016$5.44M$1.98M – $14.9M$6.67M (+23%)before first round–unknownD0%
1 Mar 2016$5.46M$1.99M – $15.0M$6.84M (+25%)before first round–unknownD0%
1 Apr 2016$5.48M$1.99M – $15.0M$7.02M (+28%)before first round–unknownD0%
1 May 2016$5.50M$2.00M – $15.1M$7.21M (+31%)before first round–unknownD0%
1 Jun 2016$5.52M$2.01M – $15.2M$7.40M (+34%)before first round–unknownD0%
1 Jul 2016$5.54M$2.02M – $15.2M$7.60M (+37%)before first round–unknownD0%
1 Aug 2016$5.69M$2.07M – $15.6M$7.80M (+37%)before first round–unknownD0%
1 Sep 2016$5.84M$2.13M – $16.1M$8.01M (+37%)before first round–unknownD0%
1 Oct 2016$6.00M$2.18M – $16.5M$8.22M (+37%)before first round–unknownD0%
1 Nov 2016$6.16M$2.24M – $16.9M$8.45M (+37%)before first round–unknownD0%
1 Dec 2016$6.32M$2.30M – $17.4M$8.67M (+37%)before first round–unknownD0%
1 Jan 2017$6.49M$2.36M – $17.8M$8.90M (+37%)before first round–unknownD0%
1 Feb 2017$6.67M$2.43M – $18.3M$9.14M (+37%)before first round–unknownD0%
1 Mar 2017$6.83M$2.49M – $18.8M$9.36M (+37%)before first round–unknownD0%
1 Apr 2017$7.01M$2.55M – $19.3M$9.62M (+37%)before first round–unknownD0%
1 May 2017$7.20M$2.62M – $19.8M$9.87M (+37%)before first round–unknownD0%
20 May 2017$65.0M$56.4M – $112M$97.4M (+50%)after a round–unknownB0%
1 Jun 2017$65.9M$56.4M – $112M$97.4M (+48%)after a round–unknownB0%
1 Jul 2017$68.1M$56.4M – $112M$97.4M (+43%)after a round–unknownB0%
1 Aug 2017$70.5M$56.4M – $112M$97.4M (+38%)after a round–unknownB0%
1 Sep 2017$73.0M$56.4M – $112M$97.4M (+33%)after a round–unknownB0%
1 Oct 2017$75.4M$56.4M – $112M$97.4M (+29%)after a round–unknownB0%
1 Nov 2017$78.1M$56.4M – $112M$97.4M (+25%)after a round–unknownB0%
1 Dec 2017$80.7M$56.4M – $112M$97.4M (+21%)after a round–unknownB0%
1 Jan 2018$83.5M$56.4M – $112M$97.4M (+17%)after a round–unknownB0%
1 Feb 2018$86.5M$56.4M – $112M$97.4M (+13%)after a round–unknownB0%
1 Mar 2018$89.2M$56.4M – $112M$97.4M (+9%)after a round–unknownB0%
21 Mar 2018$500M$435M – $748M$650M (+30%)after a round–unknownA0%
1 Apr 2018$504M$435M – $748M$650M (+29%)after a round–unknownA0%
1 May 2018$515M$435M – $748M$650M (+26%)after a round–unknownA0%
1 Jun 2018$527M$435M – $748M$650M (+23%)after a round–unknownA0%
1 Jul 2018$538M$435M – $748M$650M (+21%)after a round–unknownA0%
1 Aug 2018$551M$435M – $748M$650M (+18%)after a round–unknownA0%
1 Sep 2018$563M$435M – $748M$650M (+15%)after a round–unknownA0%
1 Oct 2018$575M$435M – $748M$650M (+13%)after a round–unknownA0%
1 Nov 2018$588M$435M – $748M$650M (+11%)after a round–unknownA0%
1 Dec 2018$601M$435M – $748M$650M (+8%)after a round–unknownA0%
1 Jan 2019$614M$435M – $748M$650M (+6%)after a round–unknownA0%
1 Feb 2019$628M$435M – $748M$650M (+3%)after a round–unknownA0%
1 Mar 2019$641M$435M – $748M$650M (+1%)after a round–unknownA0%
1 Apr 2019$650M$427M – $748M$650M (0%)after a round–unknownA0%
24 Apr 2019$1.3B$1.1B – $1.9B$1.6B (+30%)after a round–unknownA0%
1 May 2019$1.3B$1.1B – $1.9B$1.6B (+29%)after a round–unknownA0%
1 Jun 2019$1.3B$1.1B – $1.9B$1.6B (+26%)after a round–unknownA0%
1 Jul 2019$1.3B$1.1B – $1.9B$1.6B (+24%)after a round–unknownA0%
1 Aug 2019$1.3B$1.1B – $1.9B$1.6B (+21%)after a round–unknownA0%
1 Sep 2019$1.4B$1.1B – $1.9B$1.6B (+18%)after a round–unknownA0%
1 Oct 2019$1.4B$1.1B – $1.9B$1.6B (+16%)after a round–unknownA0%
1 Nov 2019$1.4B$1.1B – $1.9B$1.6B (+13%)after a round–unknownA0%
1 Dec 2019$1.5B$1.1B – $1.9B$1.6B (+11%)after a round–unknownA0%
1 Jan 2020$1.5B$1.1B – $1.9B$1.6B (+8%)after a round–unknownA0%
1 Feb 2020$1.5B$1.1B – $1.9B$1.6B (+6%)after a round–unknownA0%
1 Mar 2020$1.6B$1.1B – $1.9B$1.6B (+4%)after a round–unknownA0%
1 Apr 2020$1.6B$1.1B – $1.9B$1.6B (+2%)after a round–unknownA0%
1 May 2020$1.6B$1.1B – $1.9B$1.6B (0%)after a round–unknownA0%
1 Jun 2020$1.6B$1.0B – $1.9B$1.6B (0%)after a round–unknownB0%
1 Jul 2020$1.6B$979M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Aug 2020$1.6B$935M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Sep 2020$1.6B$892M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Oct 2020$1.6B$853M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Nov 2020$1.6B$814M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Dec 2020$1.6B$779M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Jan 2021$1.6B$743M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Feb 2021$1.6B$710M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Mar 2021$1.6B$681M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Apr 2021$1.6B$650M – $1.9B$1.6B (0%)after a round–unknownB0%
1 May 2021$1.6B$588M – $1.9B$1.6B (0%)after a round–unknownB0%
1 Jun 2021$1.6B$559M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Jul 2021$1.6B$532M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Aug 2021$1.6B$506M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Sep 2021$1.6B$481M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Oct 2021$1.6B$457M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Nov 2021$1.6B$435M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Dec 2021$1.6B$414M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Jan 2022$1.6B$393M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Feb 2022$1.6B$374M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Mar 2022$1.6B$357M – $1.9B$1.6B (0%)after a round–unknownC0%
1 Apr 2022$1.6B$339M – $1.9B$1.6B (0%)after a round–unknownC0%
1 May 2022$1.6B$323M – $1.9B$1.6B (0%)after a round–unknownC0%
26 May 2022$2.9B$2.5B – $4.3B$3.7B (+30%)after a round–unknownA0%
1 Jun 2022$2.9B$2.5B – $4.3B$3.7B (+29%)after a round–unknownA0%
1 Jul 2022$2.9B$2.5B – $4.3B$3.7B (+27%)after a round–unknownA0%
1 Aug 2022$3.0B$2.5B – $4.3B$3.7B (+24%)after a round–unknownA0%
1 Sep 2022$3.1B$2.5B – $4.3B$3.7B (+21%)after a round–unknownA0%
1 Oct 2022$3.1B$2.5B – $4.3B$3.7B (+18%)after a round–unknownA0%
1 Nov 2022$3.2B$2.5B – $4.3B$3.7B (+16%)after a round–unknownA0%
1 Dec 2022$3.3B$2.5B – $4.3B$3.7B (+13%)after a round–unknownA0%
1 Jan 2023$3.3B$2.5B – $4.3B$3.7B (+11%)after a round–unknownA0%
1 Feb 2023$3.4B$2.5B – $4.3B$3.7B (+8%)after a round4,000unknownA0%
1 Mar 2023$3.5B$2.5B – $4.3B$3.7B (+6%)after a round4,000unknownA0%
1 Apr 2023$3.6B$2.5B – $4.3B$3.7B (+4%)after a round4,000unknownA0%
1 May 2023$3.6B$2.5B – $4.3B$3.7B (+2%)after a round4,000unknownA0%
1 Jun 2023$3.5B$2.5B – $4.0B$3.2B (-7%)after a round3,800flatA26%
1 Jul 2023$3.4B$2.3B – $4.0B$3.2B (-7%)after a round3,800flatA26%
1 Aug 2023$3.4B$2.2B – $4.0B$3.2B (-8%)after a round3,800flatA26%
1 Sep 2023$3.4B$2.1B – $4.0B$3.1B (-8%)after a round3,800flatB26%
1 Oct 2023$3.4B$2.0B – $4.0B$3.1B (-8%)after a round3,800flatB26%
1 Nov 2023$3.4B$1.9B – $4.1B$3.1B (-7%)after a round3,800flatB24%
1 Dec 2023$3.4B$1.9B – $4.1B$3.1B (-7%)after a round3,800flatB23%
1 Jan 2024$3.4B$1.8B – $4.1B$3.1B (-7%)after a round3,800flatB23%
1 Feb 2024$3.3B$1.7B – $4.1B$3.1B (-7%)after a round3,800flatB23%
1 Mar 2024$3.4B$1.6B – $4.1B$3.1B (-7%)after a round3,900flatB22%
1 Apr 2024$3.4B$1.5B – $4.1B$3.1B (-6%)after a round3,900flatB20%
1 May 2024$3.4B$1.5B – $4.2B$3.2B (-6%)after a round3,900flatB18%
1 Jun 2024$3.4B$1.3B – $4.2B$3.1B (-7%)after a round3,900flatB17%
1 Jul 2024$3.4B$1.3B – $4.2B$3.1B (-7%)after a round3,900flatB15%
1 Aug 2024$3.4B$1.8B – $4.2B$3.2B (-7%)after a round4,200upB14%
1 Sep 2024$3.4B$1.8B – $4.2B$3.2B (-7%)after a round4,200upB13%
1 Oct 2024$3.4B$1.7B – $4.2B$3.2B (-7%)after a round4,200upB12%
1 Nov 2024$3.4B$1.7B – $4.2B$3.2B (-7%)after a round4,200upB11%
1 Dec 2024$3.4B$1.7B – $4.2B$3.2B (-7%)after a round4,300upB10%
1 Jan 2025$3.5B$1.6B – $4.2B$3.2B (-7%)after a round4,300upB9%
1 Feb 2025$3.5B$1.6B – $4.2B$3.2B (-7%)after a round4,300upB9%
1 Mar 2025$3.5B$1.6B – $4.3B$3.2B (-7%)after a round4,300upB8%
1 Apr 2025$3.5B$1.6B – $4.3B$3.2B (-8%)after a round4,300upB7%
1 May 2025$3.5B$776M – $4.3B$3.2B (-9%)after a round4,300flatC7%
1 Jun 2025$3.5B$737M – $4.3B$3.2B (-9%)after a round4,300flatC6%
1 Jul 2025$3.5B$702M – $4.2B$3.2B (-8%)after a round4,300flatC6%
1 Aug 2025$3.5B$1.1B – $4.2B$3.3B (-5%)after a round4,785upC5%
1 Sep 2025$3.5B$1.1B – $4.2B$3.3B (-5%)after a round4,976upC5%
1 Oct 2025$3.5B$1.1B – $4.2B$3.3B (-6%)after a round4,976upC4%
1 Nov 2025$3.5B$1.0B – $4.2B$3.3B (-5%)after a round5,154upC4%
1 Dec 2025$3.5B$1.0B – $4.2B$3.4B (-4%)after a round5,335upC4%
1 Jan 2026$3.5B$973M – $4.2B$3.4B (-4%)after a round5,335upC3%
1 Feb 2026$3.5B$943M – $4.2B$3.4B (-4%)after a round5,335upC3%
1 Mar 2026$3.6B$927M – $4.2B$3.4B (-4%)after a round5,335upC1%
1 Apr 2026$3.6B$900M – $4.1B$3.4B (-4%)after a round5,335upC1%
1 May 2026$3.6B$872M – $4.1B$3.4B (-3%)after a round5,335upC1%
1 Jun 2026$3.6B$697M – $4.2B$3.5B (-2%)after a round6,205upC1%
1 Jul 2026$3.6B$672M – $4.2B$3.5B (-2%)after a round6,205upC1%
1 Aug 2026$3.6B$650M – $4.2B$3.6B (-1%)after a round6,205upC0%
1 Sep 2026$3.6B$626M – $4.2B$3.6B (-1%)after a round6,205upC0%
11 Sep 2026$14.4B$9.5B – $24.2B$15.9B (+10%)after a round6,205upB0%
1 Oct 2026$14.5B$9.5B – $24.2B$15.9B (+9%)after a round6,205upB0%
24 Oct 2026$14.6B$9.5B – $24.2B$15.9B (+9%)after a round6,205upB0%

Key facts about Motive

Founded
2013
Headquarters
San Francisco, United States
Employees
about 6,210 +30% in a year
Total raised
$1.67B
Funding rounds
5
Last round
Growth Equity Sep 2026

Motive was founded in 2013 by Obaid Khan, Ryan Johns and Shoaib Makani.

Motive funding history

Motive has 5 funding rounds on record, from May 2017 to Sep 2026, $1.67B in total. The latest disclosed valuation is $2.85B post-money (Series F, May 2022).

  1. Growth Equity 10 Sep 2026

    Led by General Catalyst.

    Sources: augment.market, signalnewsfresno.com, finance.yahoo.com and 1 more

    $1.30B

  2. Series F 25 May 2022

    Led by Insight Partners, Kleiner Perkins.

    Sources: stockanalysis.com, businesswire.com, finsmes.com

    $150M

    $2.85B post-money

  3. Series D 23 Apr 2019

    Led by Greenoaks Capital; with GV, Index Ventures, Institutional Venture Partners, Scale Venture Partners.

    Sources: stockanalysis.com, gomotive.com

    $149M

    $1.25B post-money

  4. Series C 20 Mar 2018

    Led by Institutional Venture Partners; with Benchmark, Canaan, Decibel Partners, Dell Technologies Capital, Index Ventures, Kleiner Perkins, Menlo Ventures, Pelion Venture Partners, RENEGADE PARTNERS, Scale Venture Partners, Sequoia Capital, Workday Ventures, GV.

    $50M

    $500M post-money

  5. Series B 19 May 2017

    Led by Scale Venture Partners; with GV, Index Ventures.

    Sources: stockanalysis.com, gomotive.com

    $18M

    $65M post-money

Motive investors

17 investors have backed Motive; Scale Venture Partners, Institutional Venture Partners and Kleiner Perkins and 3 more led at least one round.

What Motive does

Motive works in tech companies, with 15 recorded offerings and customers in construction, public sector, food and beverage and oil and gas.

Motive Technologies, Inc. is an American technology company that develops and provides integrated fleet management and driver safety solutions. The company offers a platform for fleet management, equipment monitoring, spend management, workforce management, and AI Vision solutions, supporting compliance, risk management, and operational efficiency for fleet operators. Motive serves clients in sectors such as construction, public sector, food and beverage, oil and gas, utilities and telecom, agriculture, passenger transit, delivery, and waste and recycling. The company operates internationally, with offices in the United States, Canada, Taiwan, Pakistan, India, Mexico, and the United Kingdom.

Description from Veridion's company data.

Products and services

  • Fleet Management Solutions
  • Driver Safety Monitoring Solutions
  • Equipment Monitoring Solutions
  • Spend Management Solutions
  • Workforce Management Solutions
  • AI Vision Solutions
  • Hours of Service Monitoring Solutions
  • GPS Tracking Solutions
  • Dashcam Monitoring Solutions
  • AI-Driven Fleet Automation Solutions
  • Real-Time Fleet Data Streaming Solutions
  • Edge Computing Fleet Solutions
  • Industry-Specific Fleet Solutions
  • Compliance and Risk Management Solutions
  • Operational Efficiency Solutions

Markets

  • Construction
  • Public Sector
  • Food and Beverage
  • Oil and Gas
  • Utilities
  • Telecom
  • Agriculture
  • Passenger Transit
  • Delivery
  • Waste and Recycling

Technology

  • AI-Powered Driver Safety
  • AI Vision Solutions
  • Real-Time Data Streaming
  • Edge Computing
  • GPS Tracking
  • Dashcams

Business model

  • Business-to-Business
  • Software-as-a-Service
  • Enterprise

Industry codes (NAICS)

  • 513210 Software Publishers 100% match

Questions about Motive

What is Motive worth?

Valuation $14.6B (range $9.5B to $24.2B), as of 24 Oct 2026. The last disclosed valuation was $2.85B (Series F, May 2022).

Has Motive raised money?

Motive has 5 funding rounds on record, from May 2017 to Sep 2026, $1.67B in total. The latest disclosed valuation is $2.85B post-money (Series F, May 2022).

Who has invested in Motive?

Scale Venture Partners, Institutional Venture Partners, Kleiner Perkins, General Catalyst, Greenoaks Capital and Insight Partners, and 11 more. Lead investors include Scale Venture Partners, Institutional Venture Partners, Kleiner Perkins and General Catalyst.

How many people work at Motive?

About 6,210, up 30% over the last year. Headcount grew from 4,000 in Jan 2023 to 6,205 in May 2026.

What does Motive do?

Motive works in tech companies, with 15 recorded offerings and customers in construction, public sector, food and beverage and oil and gas. Its main offerings are fleet management solutions, driver safety monitoring solutions and equipment monitoring solutions.

When was Motive founded, and where is it based?

Motive was founded in 2013 and is based in San Francisco, United States. It has about 6,210 employees, up 30% over the last year.