Motive Stock $2.02

Forge Price BeaconForge Price 1 updated November 17, 2024

gomotive.comIndustrial / LogisticsFounded: 2013Funding to Date: $451.62MM

Motive, formerly named KeepTruckin, builds technology to improve the safety, productivity, and profitability of businesses that power the physical economy. Motive is a fleet management platform designed to bring trucks online and fundamentally changing the way freight is moved on our roads. The Motive Automated Operations Platform combines IoT hardware with AI-powered applications to automate vehicle and equipment tracking, driver safety, compliance, maintenance, spend management, and more. Motive serves more than 120,000 businesses, across a wide range of industries including trucking and logistics, construction, oil and gas, food and beverage, field service, agriculture, passenger transit, and delivery.

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Private Market Pricing DetailsValuation & Financings

Motive Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
11/17/2024
Price per Share
$2.02
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Motive Funding Rounds and Valuation

Funding History Chart
Funding Round Details
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
N/A
Key Investors
Insight Partners, Kleiner Perkins
06/17/2021 Series E $100MM $xx.xx $2.25B G2 Venture Partners, Index Ventures, Greenoaks, IVP, Scale Venture Partners, BlackRock
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
N/A
Key Investors
G2 Venture Partners, Index Ventures, Greenoaks, IVP, Scale Venture Partners, BlackRock
04/23/2019 Series D $120MM $xx.xx $1.25B Builders VC, Greenoaks Capital Partners, 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
N/A
Key Investors
Builders VC, Greenoaks Capital Partners, GV, Index Ventures, IVP, Scale Venture Partners, SharesPost
12/28/2017 Series C $50MM $xx.xx $486.87MM IVP, Scale Venture Partners, GV, Index Ventures
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
N/A
Key Investors
IVP, Scale Venture Partners, GV, Index Ventures
05/18/2017 Series B $15.9MM $xx.xx $64.93MM Scale Venture Partners, Index Ventures, GV
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
N/A
Key Investors
Scale Venture Partners, Index Ventures, GV
10/29/2015 Series A $15.72MM $xx.xx $44.91MM Google Ventures, UB Technology Incubator, Lee Linden, Ben Lewis, Charles Yim, Zubair Jandali, Start-up NY, Greenoaks Capital
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
N/A
Key Investors
Google Ventures, UB Technology Incubator, Lee Linden, Ben Lewis, Charles Yim, Zubair Jandali, Start-up NY, Greenoaks Capital

Motive investors also invested in these private companies

Leadership & Board

Leadership

Shoaib Makani
Co-Founder, Chief Executive Officer & Board Member
Joe Moran
Chief Financial Officer
Obaid Khan
Co-Founder & Chief Operating Officer
Siva Gurumurthy
Chief Technology Officer
Robson Grieve
Chief Marketing Officer
Brian Germain
Chief Revenue Officer
Jairam Ranganathan
Chief Product Officer

Board

Alexander Niehenke
Scale Venture Partners
Mark Goldberg
Index Ventures
Sandy Miller
IVP

Motive stock FAQs

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Can you buy Motive stock?

As Motive is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Motive, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Motive stock?

To invest in a private company like Motive through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Motive stock?

Yes, you may sell the Motive stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Motive stock?

If you hold private company shares of Motive – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Motive on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Motive a public company?

No, Motive is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Motive’s stock price?

Motive is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/17/2024 the Motive Forge Price is $2.02 per share. The Forge Price is a derived price calculated for private companies like Motive to provide insights into their current valuation. Learn more about Forge Price.
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What is Motive’s stock ticker symbol?

Motive does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Motive’s news and media highlights

RLI Transportation, a division of RLI Insurance Company, announced today a partnership with Motive, a technology company that combines IoT hardware with AI-powered applications to help improve the safety and productivity of vehicle fleets and industrial operations.
The Motive company, formerly KeepTruckin, today announced the AI Omnicam -- a camera system built for side, rear, passenger and cargo monitoring. Paired with the company's AI Dashcam, which evolved from the KeepTruckin Smart Dashcam, the Omnicam aims to give owner-operators and fleet owners the full 360-degree view of the truck and trailer, its interior, and its surroundings.
Motive, the leader in Automated Operations, today announced that it is partnering with Progressive® Commercial, the #1 Commercial Auto and Truck insurer to offer Motive’s market-leading AI-based safety solution to Progressive® Commercial customers. The offering supports each company’s commitment to driver safety while offering customers solution subsidies and lower insurance premiums.
Motive's new AI Reefer Monitoring solution prevents unsafe temperature fluctuations - SiliconANGLE
Updated on: Nov 17, 2024

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