Motive was founded in 2013 by Obaid Khan, Ryan Johns, and Shoaib Makani. Motive has not officially endorsed a plan to participate in an IPO.
Motive is an AI-powered fleet management hardware and software company. Per Forge data, Motive raised $567.3 million in funding over 9 rounds. Their latest funding was raised on May 25, 2022, from a Series F round. Key investors include IVP, G2 Venture Partners, Insight Partners, Greenoaks, Scale Venture Partners, Kleiner Perkins, and Index Ventures.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 05/25/2022 | Series F | $150MM | $xx.xx | $2.85B | Insight Partners, Kleiner Perkins | |
|
Price per Share
$xx.xx
Shares Outstanding
19,230,769
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Insight Partners, Kleiner Perkins
|
||||||
| 06/17/2021 | Series E | $100MM | $xx.xx | $2.25B | Blackrock, G2 Venture Partners, Greenoaks Capital, Index Ventures, Ivp, Scale Venture Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
13,887,900
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, G2 Venture Partners, Greenoaks Capital, Index Ventures, Ivp, Scale Venture Partners
|
||||||
| 04/23/2019 | Series D | $120MM | $xx.xx | $1.25B | Builders Vc, Greenoaks Capital, Gv, Index Ventures, Ivp, Scale Venture Partners, Sharespost | |
|
Price per Share
$xx.xx
Shares Outstanding
24,431,541
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Builders Vc, Greenoaks Capital, Gv, Index Ventures, Ivp, Scale Venture Partners, Sharespost
|
||||||
| 12/28/2017 | Series C | $50MM | $xx.xx | $486.87MM | Gv, Index Ventures, Ivp, Scale Venture Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
23,169,603
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gv, Index Ventures, Ivp, Scale Venture Partners
|
||||||
| 05/18/2017 | Series B | $15.9MM | $xx.xx | $64.93MM | Gv, Index Ventures, Scale Venture Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
49,950,141
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gv, Index Ventures, Scale Venture Partners
|
||||||
| 10/29/2015 | Series A | $15.72MM | $xx.xx | $44.91MM | Ben Lewis, Charles Yim, Google Ventures, Greenoaks Capital, Lee Linden, Start-Up Ny, Ub Technology Incubator, Zubair Jandali | |
|
Price per Share
$xx.xx
Shares Outstanding
62,247,999
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ben Lewis, Charles Yim, Google Ventures, Greenoaks Capital, Lee Linden, Start-Up Ny, Ub Technology Incubator, Zubair Jandali
|
||||||
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Anduril | $42.52 | +42.78% | $xx.xx | Series G | $28B | $xx.xx | $2.58B |
 | Cerebras | $28.78 | -0.14% | $xx.xx | Series F-1 | $2.87B | $xx.xx | $420MM |
 | Discord | $239.72 | +6.61% | $xx.xx | Series I | $15.2B | $xx.xx | $500MM |
 | Klarna | $37.31 | +21.02% | $xx.xx | Unknown | -- | -- | -- |
 | Kraken | $22.43 | +0.4% | $xx.xx | Series B | $5.52B | $xx.xx | $52.5MM |
 | Figure | $5.76 | +7.87% | $xx.xx | Series D | $3.33B | $xx.xx | $220MM |
 | Liquid Death | $9.00 | -6.25% | $xx.xx | Series F-1 | $1.4B | $xx.xx | $67.61MM |
 | Figma | $38.00 | +0.03% | $xx.xx | Series E | $10B | $xx.xx | $200MM |
 | Circle | $30.00 | +17.65% | $xx.xx | Series F | $8.05B | $xx.xx | $401MM |
 | Chime | $31.50 | +0.8% | $xx.xx | Series G | $24.93B | $xx.xx | $1.1B |
Updated on: May 6, 2025
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