Motive Stock
Fleet Management Solutions
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About Motive Stock
Motive, formerly known as KeepTruckin, aims to operate an Electronic Logging Device (ELD) and fleet management platform for the trucking industry. The company aims to provide fleet operators and truck drivers with a platform that includes compliance, telematics, dashcams, and other integrations through an app marketplace. Motive's product aims to be modular, allowing customers to adapt to their fleet needs. The company provides solutions including ELD devices, dashcams, and asset gateways, along with software, aimed at replacing legacy paper tracking methods. As of April 2022, Motive claims to have 1M registered drivers, 400K connected vehicles, and 55K for-hire carriers.
The company is headquartered in San Francisco, CA, and was founded in 2013. Notable investors include Greenoaks Capital, IVP, and Index Ventures.
Investors
Greenoaks Capital
Flipkart, Robinhood, TripActions, Brex, Discord, Deliveroo, Alto Pharmacy, Commure, Tipalti, Motive
GV
Uber, Robinhood, Jet, Impossible Foods, Lacework, Slack, Snyk, SambaNova Systems, DocuSign, Gusto
Index Ventures
Robinhood, Bird, Slack, Discord, Deliveroo, Pure Storage, ServiceTitan, Coalition, Cockroach Labs, Scale AI
Funding History
| June 2015 | $15.7M |
|---|---|
| May 2017 | $15.9M |
| December 2017 | $50.0M |
| April 2019 | $120M |
| April 2021 | $100.0M |
| May 2022 | $250M |
Management
Chief Executive Officer
Shoaib Makani
Chief Financial Officer
Joe Moran
Press
marketscreener - Oct, 22 2023
ITM Power completes sale of Motive Fuelspymnts - Oct, 20 2023
Motive Picks Marqeta as Its Fleet Card Issuerthepaypers - Oct, 20 2023
Marqeta partners with Motivegamedeveloper - Oct, 20 2023
EA Motive brings back community feedback group for Iron Man projectbusinesswire - Oct, 12 2023
FirstFleet Selects Motive to Enhance Driver Safety and Operational Efficiencyzawya - Sep, 27 2023
Motive Offshore enhances Mena offerings with new tie-upprnewswire - Jul, 24 2023
Two Fingers Automotive Celebrates 5 Years in Business In Mooresville, NCrealdeals - Jul, 22 2023
Motive acquires majority stake in With Intelligencenews - Jul, 19 2023
Investor has Motive to clinch £400m With Intelligence dealmorningstar - Jul, 10 2023
Introducing Motive™: FDA-Cleared Knee Pain Relief Therapybusinesswire - Jun, 23 2023
RLI Transportation Announces Partnership With Motivenews - May, 10 2023
Investors Aren’t Putting The Brakes On Auto Safety Investmentbloomberg - Mar, 17 2023
Payment Software Maker ACI Worldwide Is in Talks With Buyout Firm Motive Partnerskitguru - Feb, 8 2023
EA Motive begins production on Iron Man gamekitguru - Feb, 3 2023
EA Motive wants to continue Dead Spacedig-in - Dec, 16 2022
Progressive, Motive partner to increase commercial driver safetycoverager - Dec, 2 2022
Motive partners with Progressiveunquote - Nov, 23 2022
Motive bolsters VC arm with embedded/capital acquisitiontrib - Nov, 1 2022
EA Motive's Iron Man Game Enters Playtesting Phasekitguru - Oct, 21 2022
EA Motive head speaks on upcoming Iron Man gamesiliconangle - Oct, 7 2022
Motive’s new AI Reefer Monitoring solution prevents unsafe temperature fluctuationsengadget - Sep, 21 2022
EA Motive is working on a single-player Iron Man gamebit - Sep, 20 2022
Iron Man Game Announced by EA Motiveprlog - Aug, 19 2022
Motive VR Training Platform Now Available in AWS Marketplacepehub - Jul, 1 2022
Clearlake and Motive buy wealth management software platform BetaNXTnews - Jun, 3 2022
Andreessen Horowitz And Tiger Global Most Active Investors In US Market Even As Slowdown Persistsnews - May, 27 2022
The Week’s 10 Biggest Funding Rounds: Clearway Energy Group Powers Up With $1.6B, SpaceX Receives Galactic-Sized Raisebusinesswire - Mar, 3 2022
KeepTruckin Strengthens Board of Directors as Growth Acceleratesaithority - Aug, 13 2021
KeepTruckin Launches New AI Dashcam Featuring Industry-Leading Accuracy to Proactively Prevent Accidents, Increase Safety and Efficiencywp - Aug, 13 2021
KeepTruckin uses Ambarella AI chips to monitor truck driversstartuparound - Jun, 19 2021
KeepTruckin Scores $190M Fundinglaunchticker - Jun, 18 2021
KeepTruckin, which helps trucking firms manage fleets, driver hours, and more,bloomberg - Jun, 17 2021
KeepTruckin Raises Fresh Funds Valuing Startup at $2.3 Billionbusinesswire - Jun, 9 2021
KeepTruckin Launches New AI-Powered Fuel Hub to Help Fleets Save Up to 10% on Fuel Costson - Dec, 30 2020
Trucking Unicorn KeepTruckin Lays Off Nearly One-Fifth Of Workers As Coronavirus Downturn Hits Freightbusinesswire - Dec, 3 2020
KeepTruckin Launches Powerful Command-Center Visibility Across Daily Fleet Operations with Newly Integrated GPS Tracking Technologytechstartups - Nov, 20 2020
Unicorn startup companies 2020: List of top 500 unicorn startups with valuation of $1 Billion+supplychaindive - Oct, 6 2020
KeepTruckin partners with Uber Freight, brokers on real-time visibilitynewswire - Sep, 24 2020
Prophesy and KeepTruckin Revolutionize Fleet Communicationbenzinga - Jul, 8 2020
Convoy Integrates With KeepTruckin To Improve Shipment Trackingneurons - Jul, 6 2020
KeepTruckin introduces new tools to improve driver behaviorbusinesswire - Jul, 1 2020
Convoy and KeepTruckin Partner on Freight Visibility Integrationbenzinga - May, 9 2020
Today's Pickup: Another ELD Provider Shuts DownForbes - Apr, 1 2020
Trucking Unicorn KeepTruckin Lays Off Nearly One-Fifth Of Workers As Coronavirus Downturn Hits Freightbenzinga - Dec, 11 2019
KeepTruckin's AI Focus Driving Down Costs For Customersbusinesswire - Oct, 25 2019
Idelic Announces Partnership With KeepTruckinbenzinga - Oct, 1 2019
Know Before You Go: The Impact Of Seeing Wait Times Before Accepting Loadsfinance - Sep, 17 2019
KeepTruckin Expands Hardware Portfolio to Support Fleet Safety and Efficiencybenzinga - Sep, 17 2019
Today's Pickup: KeepTruckin Makes Dual-Facing Camera, Trailer Tracking Availablepulse2 - Sep, 17 2019
KeepTruckin Brings In Strategic Funding From ITOCHUoverdriveonline - Jun, 5 2019
A gold rush for ELD datatechjuice - Apr, 13 2018
KeepTruckin raises $50 million from Google Ventures and others, expands to Islamabad & Lahoreventurebeat - Mar, 22 2018
KeepTruckin raises $50 million from IVP, GV, others to grow its fleet management techvator - Mar, 21 2018
On the back of the ELD mandate, KeepTruckin raises $50 millionxconomy - Dec, 12 2017
Once Shunned, Regulated Industries Now a Lure for Some Investorsfinsmes - Nov, 4 2015
KeepTruckin Raises $8M in Series A Fundingtechinasia - Jun, 4 2015
KeepTruckin wants to digitize fleet management for the logistics industryventurebeat - May, 20 2015
Connected big-rigs: Google Ventures-backed KeepTruckin upgrades the trucking industry | VentureBeat | Mobile | by Eric Blattberggigaom - May, 12 2015
KeepTruckin turns the smartphone into the long-haul trucker’s digital assistantEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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