Latka logo

How Motorq CEO Arun Rajagopalan grew Motorq to $19.8M revenue with a 113 person team in 2024.

Developer of a connected car data platform that enables enterprises and automotive OEMs/after-market device makers to seamlessly and securely collaborate. The company's software platform enables access to connected vehicle data and analytics at scale so that enterprises such as fleets, insurance companies and governments can rapidly improve operations and expand services.

Last updated

Motorq Revenue

In 2024, Motorq's revenue reached $19.8M. The company previously reported $9.7M in 2023. Since its launch in 2015, Motorq has shown consistent revenue growth.

Motorq Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M201520172019202120232024$0$1M$2M$6M$10M$20MSource: GetLatka.com
YearMilestone
2024Motorq Hit $19.8m revenue in October 2024
2023Motorq Hit $9.7m revenue in November 2023
2022Motorq Hit $6m revenue in November 2022
2022Motorq Hit $6m revenue in February 2022
2021Motorq Hit $2.3m revenue in November 2021
2021Motorq Hit $2.3m revenue in April 2021
2020Motorq Hit $1m revenue in August 2020
2015Launched with $0 revenue

Motorq Valuation, Funding Rounds

Motorq has not publicly disclosed its valuation. The company has raised $49.3M in total funding to date.

Motorq has raised $49.3M in total funding across 3 rounds, most recently a $40M Series B round in 2022.

Motorq Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$13M$25M$38M$50M$63M201520162017201820192020202120222015 cumulative: $0 • 2015 Founded: $02018 cumulative: $2M • 2015 Founded: $0 • 2018 Seed: $2M2020 cumulative: $9M • 2015 Founded: $0 • 2018 Seed: $2M • 2020 Series A: $7M2022 cumulative: $49M • 2015 Founded: $0 • 2018 Seed: $2M • 2020 Series A: $7M • 2022 Series B: $40M$49M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Series B$40M--
2020Series A$7.3M--
2018Seed$2M--

Motorq Employees & Team Size

Motorq employs approximately 113 people as of 2026, up from 94 in 2023.

Motorq has 113 total employees in different roles and functions and 1 sales reps that carry a quota.

Motorq Team GrowthReported headcount over time025507510012520152017201920212023202400113113Source: GetLatka.com
YearMilestone
2024Reached 113 employees (December 2024)
2024Reached 94 employees (October 2024)
2023Reached 94 employees (November 2023)
2022Reached 58 employees (November 2022)
2021Reached 22 employees (November 2021)
2021Reached 22 employees (April 2021)
2020Reached 19 employees (November 2020)

Founder / CEO

Arun Rajagopalan

An entrepreneur: Building a technology platform and a business model to leverage connected car data for multiple use cases.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Motorq yet.

Frequently Asked Questions about Motorq

What is Motorq's revenue?

Motorq generates $19.8M in revenue.

Who founded Motorq?

Motorq was founded by Arun Rajagopalan.

Who is the CEO of Motorq?

The CEO of Motorq is Arun Rajagopalan.

How much funding does Motorq have?

Motorq raised $49.3M.

How many employees does Motorq have?

Motorq has 113 employees.

Where is Motorq headquarters?

Motorq is headquartered in Saratoga, California, United States.

Compare Motorq to the industry

Motorq operates across multiple industries. Browse revenue, funding, and growth data for Motorq in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Motorq Revenue 2024: $19.8M ARR, $49.3M Raised