Motive key facts
as of Oct 2026- Motive (formerly KeepTruckin) operates an AI-powered Integrated Operations Platform that combines fleet telematics, AI dashcams and driver safety, equipment monitoring, maintenance, spend management…
- Motive is valued at approximately $1.6B (~$12/share on the secondary market) as of Oct 2026, down 46% since its Series F, May 2022, per PrivateMarketView’s mark.
- It has raised $434.6M across 7 recorded rounds; the latest was Series G ($150.0M) in Jul 2025.
- Motive has filed 2 Form Ds with the SEC since 2024, most recently Jan 2025 ($6.3M sold to 14 investors).
Down 46% since its Series F, May 2022 ($2.9B post-money).
- ·Post-money valuations for 3 rounds
- ·Everyone on the team, board and advisors included
- ·Watch Motive: the Monday email on marks, rounds and moves
Secondary market
monthly marks · 46 months · Jan 2023 – Oct 2026Membership and data by Private Market View
Motive funding rounds
7 roundsMotive leadership
- Shoaib MakaniChief Executive Officer & Co-Founder
- Thomas HansenPresident, Go-to-Market
- Chirag ShahChief Financial Officer
- Amish BabuChief Technology Officer
Motive valuation
Motive is valued at approximately $1.6 billion as of Oct 2026. The figure is set by secondary market price. The secondary market quotes about $12 per share. The reference point is its Series F in May 2022, at a $2.9 billion post-money valuation; the current figure is down 46% since.
Motive ranks 54th by valuation and 79th by capital raised among the private companies PrivateMarketView tracks.
How much has Motive raised?
Motive has raised $435 million across 7 recorded rounds since 2015. The largest was an $8 million Series A in Oct 2015; the most recent was a $150 million Series G in Jul 2025. 3 of the rounds disclosed a post-money valuation.
Motive has filed 2 Form Ds with the SEC since 2024, most recently in Jan 2025 ($6.3 million sold to 14 investors).
Motive secondary market activity
A monthly secondary-market price series for Motive runs from Jan 2023 to Oct 2026 (46 months).
Who runs Motive
8 people are listed on the Motive team: 8 executives, including Shoaib Makani (Chief Executive Officer) and Chirag Shah (Chief Financial Officer). 6 of them have a verified direct contact on file.
Comparable companies
Comparable logistics names by valuation on PrivateMarketView: Uber Freight ($3.3 billion), Loggi ($2 billion) and Route ($1.4 billion).
About Motive
Motive (formerly KeepTruckin) operates an AI-powered Integrated Operations Platform that combines fleet telematics, AI dashcams and driver safety, equipment monitoring, maintenance, spend management and workforce management for organizations running physical operations. Founded in 2013 and headquartered in San Francisco, it serves nearly 100,000 customers and about 1.3 million drivers across trucking and logistics, construction, energy, field service, agriculture, food and beverage, retail and the public sector, and filed publicly for a NYSE IPO under the ticker MTVE in December 2025.
- Industry
- Logistics
- Sector
- Supply Chain and Logistics
- HQ
- San Francisco, California, United States
- Founded
- 2013
- Employees
- 4,508
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