Motive

Logistics · San Francisco, California · Founded 2013

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 based in San Francisco, California and was founded in 2013. It is valued at about $1.6 billion as of Oct 2026, set by secondary market price, down 46% since its Series F in May 2022. It has raised $435 million across 7 recorded rounds; the latest was a $150 million Series G in Jul 2025.

PMV mark · valuation
$1.6B
Oct 2026
Secondary market · $/share
$12
Total raised
$434.6M
Last round
Series G
Jul 2025
What is Motive worth?
$1.6BPrivateMarketView mark · Oct 2026

Down 46% since its Series F, May 2022 ($2.9B post-money). The secondary market quotes about $12 per share.

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Valuation timeline

3 priced rounds · 32 daily marks since · Apr 2019 – Oct 2026
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Series Drounds hold their value until the next priced eventMark, today
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Secondary market

monthly marks · 46 months · Jan 2023 – Oct 2026
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Jan 2023marks: indicative $/share, month-end · as of Oct 15, 2026Oct 2026
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Motive funding history

7 rounds
DateRoundRaisedPost-money
Jul 2025Series G$150.0M▮
May 2022Series F$150.0M▮
Jun 2021Series E$190.0M▮
Apr 2019Series D$149.0M▮
Mar 2018Series C$50.0M▮
May 2017Series B$18.0M▮
+ 1 earlier rounds · a free account shows the full history
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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).

Comparable companies

Comparable logistics names by valuation on PrivateMarketView: Uber Freight ($3.3 billion), Loggi ($2 billion) and Route ($1.4 billion).

How Motive's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Motive, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by secondary market price. Question about this number? Full methodology →

Frequently asked about Motive

What is Motive worth?
Motive is valued at $1.6B as of Oct 2026. Down 46% since its Series F, May 2022 ($2.9B post-money).
How much has Motive raised?
Motive has raised $434.6M in total funding across 7 recorded rounds.
When did Motive last raise?
Motive last raised in Jul 2025 (Series G), raising $150.0M.