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Motive Stock
Fleet Management Solutions
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, SambaNova Systems, DocuSign, Snyk, Gusto
Index Ventures
Robinhood, Bird, Slack, Discord, Deliveroo, Pure Storage, ServiceTitan, Cockroach Labs, Scale AI, Gong.io
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
Forbes - Apr, 1 2020
supplychaindive - Oct, 6 2020
newswire - Sep, 24 2020
benzinga - Jul, 8 2020
neurons - Jul, 6 2020
aithority - Aug, 13 2021
startuparound - Jun, 19 2021
businesswire - Mar, 3 2022
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