Motiverevenue, valuation & funding
Fleet Management SoftwareSan Francisco, CaliforniaFounded 2013CEO Shoaib Makani
Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy.
Motive revenue & ARR
Motive's annual recurring revenue passed $501M in September 2025 (SEC filing). That is up 27% from $393M a year earlier.
All 5 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| May 2022 | $157.3M | – |
| Dec 2023 | $310.3M | SEC filing |
| Sep 2024 | $393M | SEC filing |
| Dec 2024 | $370.5M | SEC filing |
| Sep 2025 | $501M | SEC filing |
– source not recorded
Motive valuation
Motive is privately held, so there is no Motive stock to buy. Investors valued it at $2.9B in May 2022.
Motive funding rounds & investors
Motive has raised $789.3M across eight rounds since 2013. The latest was a $150M funding round in July 2025, led by Kleiner Perkins.
| Date | Round | Raised | Led by | Source |
|---|---|---|---|---|
| Jul 2025 | Funding round | $150M | Kleiner Perkins | gomotive.com |
| May 2022 | Series F | $150M | – | |
| Apr 2021 | Series E | $190M | – | |
| Apr 2019 | Series D | $149M | – | |
| Mar 2018 | Series C | $50M | – | |
| May 2017 | Series B | $18M | – | |
| Oct 2015 | Series A | $80M | – | |
| Jul 2013 | Seed | $2.3M | – | |
| Total raised | $789.3M |
Motive competitors
Motive competes most directly with Samsara.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Samsara | $1.6B | $930M | 1,879 | 300K | 2015 |
| Motive | $501M | $789.3M | 5,000 | – | 2013 |
#2 of 284 Fleet Management Software companies by revenue · category median $2.5M · See the ranking
Motive CEO, founders & employees
Shoaib Makani founded Motive in 2013 and runs it as CEO. Motive has 5,000 employees (2026, ZoomInfo estimate), up from 3,496 a year earlier.
- Shoaib MakaniFounder & CEO
All 4 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| 2026 | 5,000EST. | ZoomInfo estimate |
| Nov 2025 | 5,494 | |
| Oct 2024 | 3,496 | |
| May 2022 | 3,496 | – |
Motive FAQ
What is Motive's revenue?
Motive's annual recurring revenue passed $501M in September 2025, according to an SEC filing.
What is Motive's valuation?
Investors valued Motive at $2.9B in May 2022, according to freightwaves.com.
How much funding has Motive raised?
Motive has raised $789.3M across eight funding rounds. The latest was a $150M funding round in July 2025, led by Kleiner Perkins.
Who owns Motive?
Motive is privately held. Its lead investors include Kleiner Perkins.
How many employees does Motive have?
ZoomInfo estimates Motive's headcount at about 5,000 (2026).
Who is the CEO of Motive?
Shoaib Makani is the CEO of Motive and founded the company in 2013.
Who founded Motive?
Shoaib Makani founded Motive in 2013.
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How this page is sourced
7 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 13, 2026Data disclaimerReport a correctionClaim this profileRun Motive? Join the podcast