- Source: Motive (company)
Motive is a technology company that creates hardware and software to improve the safety and productivity of physical operations. Motive serves a wide range of industries including transportation and logistics, construction, energy, field service, manufacturing, agriculture, food and beverage, passenger transit, retail, and the public sector.
History
= Founding
=Shoaib Makani, Obaid Khan, and Ryan Johns founded Motive in 2013 to improve safety and efficiency for businesses. They began with an electronic logging device (ELD) solution for trucking companies. Later, Motive expanded the platform to serve the entire physical economy. Today Motive provides vehicle and equipment tracking, driver safety, compliance, maintenance, and spend management solutions for safety, operations, and finance teams.
= 2022 rebrand
=In 2022, KeepTruckin rebranded as Motive.
= Present
=In 2022, Motive claimed that it serves more than 120,000 businesses.
Funding history
In 2013, the company raised seed capital in the amount of $2.3 million.
In 2015, the company received $8 million in Series A venture funding led by Index Ventures.
In 2017, the company raised $18 million in Series B venture funding led by Scale Venture Partners, Index Ventures and GV, the venture capital investment arm of Alphabet Inc.
In 2018, the company raised $50 million in Series C venture funding led by IVP, GV, Index Ventures, and Scale Venture Partners.
In 2019, the company received $149 million in Series D venture funding, mostly from Capital.
In 2021, the company secured $200 million in Series E venture funding, led by G2VP.
In 2022, the company raised $150 million in Series F venture funding co-led by Insight Partners and Kleiner Perkins. After funding, Motive reached a $2.85 billion valuation.
See also
Software as a service
Fleet management software
Hours of service
Electronic logging device
Trucking industry in the United States
References
Kata Kunci Pencarian:
- Electro-Motive Diesel
- Motivasi
- Daftar produsen sepeda motor
- Progress Rail
- Lokomotif diesel
- Hegemony or Survival
- Daftar perusahaan Amerika Serikat
- GE Transportation
- Bisaya (Kalimantan)
- Hukum gerak Newton
- Motive (company)
- Motive
- Electro-Motive Diesel
- Motive Studio
- Motive, Inc
- MotivePower
- General Motors
- Motives (film)
- List of EMD locomotives
- Outlaws Motorcycle Club