Funding round
Motive Growth
Reported as "Growth Equity"
Motive, which works in fleet management solutions in San Francisco, raised $1.30B in a Growth round announced on 10 Sep 2026, led by General Catalyst. 1 firm took part. It is Motive's fifth venture round on record; the one before was a Series F in May 2022.
$1.30B
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Motive did not disclose a valuation in this round; its last disclosed one was $2.85B at the Series F (May 2022). It came 52 months after Motive's Series F. It is 78% of the $1.67B Motive has raised in the venture rounds on record. No later venture round is on record for Motive.
Motive's funding rounds
Motive has 5 venture rounds on record. This one is highlighted.
- Series B 19 May 2017, led by Scale Venture Partners $18M$65M post-money
- Series C 20 Mar 2018, led by Institutional Venture Partners $50M$500M post-money
- Series D 23 Apr 2019, led by Greenoaks Capital $149M$1.25B post-money
- Series F 25 May 2022, led by Insight Partners and Kleiner Perkins $150M$2.85B post-money
- Growth this round 10 Sep 2026, led by General Catalyst $1.30B
Investors
Who put money in
General Catalyst led the round.
Lead investor
- General Catalyst backs 574 venture-backed companies new investor
Joined the board: Pranav Singhvi (General Catalyst).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
241 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 22 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Motive Tech Companies | 10 Sep 2026 | $1.30B | not disclosed | General Catalyst |
| Harvey Tech Companies | 9 Sep 2026 | $550M | $15.50B | Diffusion Capital Partners and Lightspeed Venture Partners |
| EliseAI Tech Companies | 29 Sep 2026 | $350M | $4.00B | Andreessen Horowitz and Bessemer Venture Partners |
| ElevenLabs Tech Companies | 30 Sep 2026 | $300M | $22.00B | Wellington Management and T. Rowe Price |
| Tech Companies | 1 Sep 2026 | $261M | not disclosed | not named |
| Tech Companies | 9 Sep 2026 | $250M | $1.00B | Andreessen Horowitz and Founders Fund |
| HiBob Tech Companies | 1 Sep 2026 | $166M | $3.20B | Salesforce Ventures |
| Tech Companies | 23 Sep 2026 | $150M | $2.00B | Multiples |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Motive raise in its Growth round?
Motive raised $1.30B in its Growth round, announced in Sep 2026.
Who led Motive's Growth round?
General Catalyst led it.
What was Motive's valuation at the Growth round?
It was not disclosed; its last disclosed one was $2.85B at the Series F (May 2022).
How does it compare with other Growth rounds in Tech Companies?
241 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 22 times the median.