Key facts
- Motive’s last known valuation is $2.9B (May 2022).
- It has raised $434.6M across 7 recorded rounds; the latest was Later Stage VC ($150.0M) in Jul 2025.
- Motive has filed 2 Form Ds with the SEC since 2024, most recently Jan 2025 ($6.3M sold to 14 investors).
Leadership
- Shoaib MakaniChief Executive Officer & Co-Founder
- Thomas HansenPresident, Go-to-Market
- Chirag ShahChief Financial Officer
- Amish BabuChief Technology Officer
- ·Post-money valuations for all 7 rounds
- ·Watchlist + deal alerts for Motive
Funding rounds
7 roundsAbout Motive
Motive (formerly KeepTruckin) operates an AI-powered Integrated Operations Platform that combines fleet telematics, AI dashcams and driver safety, equipment monitoring, maintenance, spend management and workforce management for organizations running physical operations. Founded in 2013 and headquartered in San Francisco, it serves nearly 100,000 customers and about 1.3 million drivers across trucking and logistics, construction, energy, field service, agriculture, food and beverage, retail and the public sector, and filed publicly for a NYSE IPO under the ticker MTVE in December 2025.
- Industry
- Logistics
- Sector
- Supply Chain and Logistics
- HQ
- San Francisco, California, United States
- Founded
- 2013
- Employees
- 4,508
Motive doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Motive shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Motive in its N-PORT filings yet. We sweep new filings monthly.