Motive Raises $150 Million in Funding

by Kay Aloha Villamor in July 31st, 2025

Motive, a San Francisco, CA-based AI-powered integrated operations platform for the physical economy, has raised $150 million in funding, bringing its total funding to $646 million. 

Investors 

The round was led by Kleiner Perkins, with participation from new investor AllianceBernstein and existing backers. 

Kleiner Perkins is a venture capital firm specializing in investments in incubation, early-stage, and growth-stage companies. As of 2024, Kleiner Perkins had raised 21 venture capital funds and six growth funds, including KP21 and Select III. Headquartered in Menlo Park, California, with additional offices in San Francisco and Shanghai, China, the firm primarily focuses on transformative technologies and innovative applications. 

As part of this round, Ilya Fushman, Partner at Kleiner Perkins, has rejoined Motive’s Board of Directors. 

Motive Use of Funds 

The company will use the funds to enhance its AI roadmap, scale global operations, and expand its R&D, go-to-market, and customer support teams. 

About Motive 

Founded by Shoaib Makani, Obaid Khan, and Michael Richards, Motive offers an all-in-one, AI-powered automation platform for fleet management and driver safety. The platform is designed to enhance safety, productivity, and profitability for businesses operating in the physical economy. Motive serves nearly 100,000 customers and 1.3 million drivers across industries such as transportation and logistics, construction, oil and gas, utilities and telecom, food and beverage, agriculture, the public sector, and more. Its customers include FedEx Freight, Cintas, KONE, Davey Tree, ABM, and CRH. 

Funding Details 

Company: Motive Technologies, Inc. 

Raised: $150.0M 

Round: Undisclosed 

Funding Date: July 2025 

Lead Investor: Kleiner Perkins 

Additional Investors: AllianceBernstein, existing investors (unspecified) 

Company Website: https://gomotive.com/  

Software Category: Physical Operations / Fleet Management / Enterprise Software 

Source: Mary Farace 

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