Motional

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

Motional is a Hyundai-majority autonomous-vehicle company formed in 2020 as a $4 billion Hyundai Motor Group–Aptiv joint venture. It develops Level 4 driverless systems and all-electric Hyundai IONIQ 5 robotaxis for ride-hailing and on-demand delivery. The company is headquartered in Boston, operates in the United States and Singapore, and is pursuing a commercial driverless launch in 2026 after a major 2024 restructuring.

Primary product

Level 4 autonomous-driving technology and all-electric Hyundai IONIQ 5 robotaxis for ride-hail and on-demand delivery.

Founded

2020

Headquarters

Boston, Massachusetts, United States

Team size

Approximately 600–800; public estimates vary, and TechCrunch reported fewer than 600 after 2024 restructuring

Work style

Flexible

Industry

Software development / automotive technology

Sub-industry

Autonomous vehicles, robotaxis and mobility technology

Offices

Boston, Massachusetts, United States (headquarters)

Pittsburgh, Pennsylvania, United States

Las Vegas, Nevada, United States

Singapore

Business model

B2B autonomous-mobility platform

Partnership-based robotaxi service integrated into ride-hailing networks

Autonomous on-demand delivery

Potential licensing/integration of Level 4 technology with OEMs and mobility operators

Funding

Stage

Late-stage/private; generating revenue; described by PitchBook as Series B

Latest round

Series B · Aug 2025

Latest amount

$453M

Series B

Aug 2025

$453M

Corporate majority investment

May 2024 · Hyundai Motor Group

$475M

Bridge financing

Mar 2024

Early-stage financing

Nov 2023

Joint venture formation

Mar 2020 · Hyundai Motor Group and Aptiv

$4B

People & investors

Leadership

Laura Major

President and Chief Executive Officer

Daekwon Ko

Chief Financial Officer

Kitae Kim

Chief Strategy Officer

Phil Michel

Senior Vice President, Autonomy & AI

Jaclyn Tomlinson

Senior Vice President, People

David Carroll

Vice President of Commercialization

Adam Griffin

Vice President of Operations and Head of Safety

Dave Schwanky

Vice President of Software

Len Ho

Head of Legal

Founders

Karl Iagnemma

Co-founder of nuTonomy; former President and CEO of Motional

Investors

Work & culture

Mission- and safety-led autonomous-vehicle engineering culture emphasizing robotics, machine learning, software, hardware, collaboration, diversity and commercialization; recruiting language describes a mature “scale up” environment rather than an early startup.

Work style

Flexible

Visa sponsorship

Limited

Compensation

Public job postings show base-salary examples of approximately $159,000–$207,000 for a senior software role and $200,000–$275,000 for a principal embedded-software role, plus possible bonus and equity; exact packages vary by role and location.

Benefits

Medical, dental and vision insurance

401(k) with company match; some postings cite up to 7.5% match

Health savings accounts

Life insurance

Pet insurance

Commuter and fitness benefits

Unlimited sick and vacation time cited in recruiting materials

Fertility/IVF assistance cited in recruiting materials

Product & market

Pricing

No public consumer price list identified. The apparent model is partner-based B2B service/integration, with rides booked through partner apps such as Uber and Lyft; pricing is likely negotiated with mobility partners.

Differentiators

—Level 4 autonomous-driving focus
—All-electric Hyundai IONIQ 5 robotaxi
—Deep integration with Hyundai vehicle manufacturing and Aptiv automotive technology
—Real-time command-center oversight and remote assistance
—B2B integration into existing ride-hailing and delivery networks
—More than 130,000 autonomous rides conducted through partners

Technology

Level 4 autonomous driving

Neural-network/AI-first autonomy stack

Machine learning and perception

Motion planning and prediction

Computer vision and sensors

Embedded software and Linux/RTOS

NVIDIA Drive AGX / DriveOS

AWS IoT and cloud telemetry

Remote assistance and command-center systems

C++, Python, Bazel and distributed data pipelines

nuPlan autonomous-driving dataset and devkit

Customers

Uber

Lyft

Uber Eats

Via

Competitors

Waymo

Aurora

Zoox

Cruise

Mobileye

Waabi

Oxa

Scale & contact

Estimated revenue

Approximately $60M–$70M (third-party estimate; not company-reported)

Signals & risks

Layoff

Mar 2024

Approximately 5% workforce reduction preceded a broader restructuring.

Source

Shutdown

May 2024

Commercial operations were paused; robotaxi launch was delayed to 2026 and Santa Monica Uber Eats deliveries ended.

Source

Layoff

May 2024

About 550 employees, roughly 40% of the workforce, were laid off; Milpitas and Venice offices were wound down.

Source

Other

Feb 2024

Aptiv announced it would reduce its ownership and stop allocating capital, leaving Hyundai with control and increasing dependence on Hyundai funding.

Source

Latest news

Motional robotaxis join the Uber app in Vegas two years after major reset

TechCrunch · Mar 2026

Motional robotaxis became available through Uber in limited Las Vegas areas, initially with a safety operator; the companies targeted fully driverless service by year-end 2026.

Motional puts AI at center of robotaxi reboot as it targets 2026 for driverless service

TechCrunch · Jan 2026

Motional described an AI-first reboot of its autonomous-driving stack and a plan for commercial driverless service in Las Vegas by the end of 2026; headcount had fallen below 600 after restructuring.

Motional Leadership

Motional · Sep 2024

Karl Iagnemma transitioned from CEO to Senior Strategy Advisor; Laura Major took the expanded CEO/CTO role, later becoming President and CEO.

Motional cut about 550 employees, around 40%, in recent restructuring

TechCrunch · May 2024

About 550 employees, approximately 40% of the workforce, were laid off; the Milpitas and Venice offices were being wound down.

Motional delays commercial robotaxi plans amid restructuring

TechCrunch · May 2024

Motional paused commercial operations, ended Uber Eats deliveries in Santa Monica, and delayed its driverless robotaxi launch to 2026 while restructuring and preserving capital.

Jobs and careers at Motional

73 jobs at Motional

Autonomous Driving Test Operator

On-site

AV Testing

Pittsburgh, Pennsylvania, United States

1d ago

On-site

Full-time