Motive was founded in 2013 in San Francisco as KeepTruckin. In April, the company changed its name to Motive as it aims to provide hardware and software applications for industries outside just trucking and logistics.
Some of Motive’s product offerings include an AI dashcam to enable fleets to detect unsafe driving behavior and help businesses reduce accidents. The company also offers a corporate card allowing fleet managers the ability to track fleet operations.
Motive also recently launched an automated operations platform that combines its hardware with its AI software to bring automation to industrial fleets for tasks such as asset tracking, compliance and driver safety.
Some of Motive’s product offerings include an AI dashcam to enable fleets to detect unsafe driving behavior and help businesses reduce accidents. The company also offers a corporate card allowing fleet managers the ability to track fleet operations.
Motive also recently launched an automated operations platform that combines its hardware with its AI software to bring automation to industrial fleets for tasks such as asset tracking, compliance and driver safety.
Funding details: Motive
| Funding amount | $150 million |
| Funding round | series F |
| Lead investors | Insight Partners and Kleiner Perkins |
| Goal for the round | Invest in more AI and expand its product suite |
| Total funding | $567.3 million |
| Valuation | $2.85 billion |