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, Commure, Alto Pharmacy, 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
unquote - Nov, 23 2022
Motive bolsters VC arm with embedded/capital acquisitionbusinesswire - 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 Efficiencystartuparound - Jun, 19 2021
KeepTruckin Scores $190M Fundingsupplychaindive - 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 behaviorEquityZen 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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