Motive filed confidential/publicly reported U.S. IPO paperwork under proposed ticker MTVE; Reuters reported $327.3 million revenue and a $138.5 million net loss for the nine months ended September 30, 2025.
SourcePublic company, workplace, funding, and market signals
Updated Aug 5, 2026
Motive Technologies, Inc. (formerly KeepTruckin) builds an AI-powered Integrated Operations Platform for the physical economy. It combines connected IoT hardware and software to help organizations manage vehicles, equipment, drivers, safety, compliance, maintenance, workforce operations and fleet-related spend.
Primary product
Motive Integrated Operations Platform, including AI Dashcams, driver safety, fleet management and telematics, equipment monitoring, compliance/ELD, maintenance, workforce management and Motive Card spend management.
Founded
2013
Headquarters
San Francisco, California, United States
Team size
4,000+ (company careers page); third-party estimates vary materially, including approximately 5,000–6,300 in 2026.
Work style
Flexible
Industry
Software development / enterprise technology
Sub-industry
AI-powered fleet management, video telematics, IoT and transportation technology
Offices
Business model
Stage
Late-stage private / Series F; reported 2025 Series F extension
Total raised
$717M
Latest round
Series F extension · Jul 2025
Latest amount
$150M
Jul 2025 · Kleiner Perkins
May 2022 · Insight Partners and Kleiner Perkins
Leadership
Shoaib Makani
Co-founder and Chief Executive Officer
Amish Babu
Chief Technology Officer
Hemant Banavar
Chief Product Officer
Chirag Shah
Chief Financial Officer
Patrick Richards
Chief Information Officer
Jiphun Satapathy
Chief Information Security Officer
Shulamite White
Chief Legal Officer and Head of People
Thomas Hansen
President, Go-to-Market
Founders
Obaid Khan
Co-founder; former COO
Ryan Johns
Co-founder
Investors
Remote-first and globally distributed, with an emphasis on collaboration, curiosity, innovation, inclusion, mentorship, transparent career paths and leadership development. Employee resource groups and inclusive-leadership training are described publicly.
Work style
Flexible
Compensation
Motive describes compensation as competitive and equitable, with pay-for-performance, biannual reviews and equity grants. Public job-level salary evidence was not established.
Benefits
Pricing
Quote-based subscription pricing; public pricing varies by product, fleet size, hardware and contract and was not found as a standard price list.
Differentiators
Technology
Estimated revenue
Approximately $150M–$200M annualized (third-party estimate); Reuters reported $327.3M revenue for the first nine months of 2025, so estimates are inconsistent and should be treated cautiously.
Motive filed confidential/publicly reported U.S. IPO paperwork under proposed ticker MTVE; Reuters reported $327.3 million revenue and a $138.5 million net loss for the nine months ended September 30, 2025.
SourceCNBC reported that Motive is involved in patent litigation with competitor Samsara.
SourceMotive engineering blog · Jan 2026
Explained Motive’s edge-AI, event-validation and human-annotation architecture, including approximately 400 full-time annotators.
CNBC · Dec 2025
Covered the proposed IPO, major backers and patent litigation with Samsara.
Reuters · Dec 2025
Reported Motive’s IPO filing, nine-month 2025 revenue of $327.3M and net loss of $138.5M.
FreightWaves · Aug 2025
Analyzed the funding, platform expansion across safety, operations, equipment and spend, and planned UK launch.
91 jobs at Motive
Jan 2021 · G2 Venture Partners
Jan 2019 · CapitalG
Jan 2018 · IVP
Jan 2017 · Scale Venture Partners
Jan 2015 · Index Ventures
Jan 2013
Customers
Competitors
Motive · Jul 2025
Announced a $150M round led by Kleiner Perkins with AllianceBernstein participation, international expansion and AI investment.