# Motive Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/motive-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.gomotive.com
- Total disclosed funding: $546M
- Latest round: Series F (May 20, 2025)
- Investors on record: 10

## About

Founded in 2013 by Shoaib Makani (CEO) and Obaid Khan and based in California, US, Motive Technologies, Inc., formerly known as Keep Truckin, Inc., operates as a provider of a fleet management platform for trucking companies. In May 2025, Motive Technologies, Inc. raised USD 50 million in series F funding led by Kleiner Perkins, and AllianceBernstein. The series F funding values Motive Technologies, Inc. at USD 2.80 billion post-money.

Motive Technologies, Inc. provides a fleet management platform that allows trucking companies to manage their fleets and audit their driver's logs. It also includes ELD compliance, vehicle inspections, fuel tax reporting, real-time GPS tracking, video monitoring solution, driver application, and electronic logging device.

GoMotive generates revenue primarily through its AI-powered Integrated Operations Platform, which offers enterprise customers tools for fleet management, driver safety, equipment monitoring, and spend management. The company earns income via annual recurring revenue (ARR), with significant growth driven by large-scale enterprise contracts and customer retention.

The company will use the May 2025 funding to develop its AI based software, scale global operations and expand its teams.

## Funding rounds

- Series F, May 20, 2025, $100M — Kleiner Perkins, AllianceBernstein
- Series F, May 4, 2022, $150M — Index Ventures, Institutional Venture Partners, Kleiner Perkins, Insight Partners, Scale Venture Partners, GV, Greenoaks Capital
- Series E, Apr 30, 2021, $100M — Index Ventures, Institutional Venture Partners, Scale Venture Partners, GV, Greenoaks Capital, BlackRock, G2 Venture Partners
- Series D, Apr 5, 2019, $120M — Index Ventures, Institutional Venture Partners, Scale Venture Partners, GV, Greenoaks Capital
- Series C, Mar 20, 2018, $50M — Index Ventures, Institutional Venture Partners, Scale Venture Partners, GV
- Series B, May 1, 2017, $16M — Index Ventures, Scale Venture Partners, GV
- Series A, Jun 12, 2015, $8M — Index Ventures, GV
- Seed, Dec 11, 2013, $2.3M — GV

## Investors

- GV (https://capitalatlas.ai/funds/gv) — Seed, Series A, Series B, Series C, Series D, Series E, Series F
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B, Series C, Series D, Series E, Series F
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series B, Series C, Series D, Series E, Series F
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series C, Series D, Series E, Series F
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series D, Series E, Series F
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series E
- G2 Venture Partners (https://capitalatlas.ai/funds/g2-venture-partners) — Series E
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series F
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series F
- AllianceBernstein (https://capitalatlas.ai/funds/alliancebernstein) — Series F