Thursday, September 18, 2025

Motive Raises $150M to Boost AI and Global Expansion

Related stories

Aisles Launches DREAM: AI-Driven Virtual Reality Evolution

Aisles has unveiled DREAM (Dynamic Reality Experience and Memory),...

TechSee Unveils Visual Remote Assistance with AI (VRAi) on Salesforce

TechSee, a global leader in visual customer assistance, announced...

Rendever and Lenovo Collaborate to Bring Virtual Reality Experiences to Carolina Caring Seniors

Rendever, the Boston-based company pioneering the future of aging...

Ansys 2024 R1 Reimagines the User Experience while Expanding Multiphysics Superiority Boosted by AI

The latest release from Ansys, 2024 R1, introduces an elevated user...

eXeX and Neurosurgeon Dr. Robert Masson Achieve World First Using Apple Vision Pro

eXeX™, a leader in artificial intelligence and mixed reality...
spot_imgspot_img

Motive has announced a $150 million funding round led by Kleiner Perkins, with additional participation from new and existing investors including AllianceBernstein, to expand its AI-powered Integrated Operations Platform and accelerate its global reach. The company aims to further its mission of transforming physical operations through AI, delivering improved safety, productivity, and cost-efficiency across sectors like logistics, construction, agriculture, utilities, and public services. Motive’s platform currently supports nearly 100,000 customers and 1.3 million drivers, including major enterprises such as FedEx Freight, ABM, and Cintas. The new capital will bolster Motive’s AI capabilities enhancing areas like driver safety, service verification, fraud detection, maintenance, and automated coaching which have already helped clients reduce collisions by up to 80% and eliminate operational inefficiencies.

Also Read: Cognizant Launches AI Data Services for Enterprise Models

“We continue to execute against a bold mission to empower the people who run physical operations with AI to make their work safer and more productive,” said Shoaib Makani, CEO and Co-founder of Motive. “This funding allows us to extend our AI leadership, enter new markets, and expand our teams to support the world’s largest and most complex operations.” With this round, Ilya Fushman, Partner at Kleiner Perkins, returns to Motive’s Board of Directors. “Motive has solidified itself as a clear leader in bringing advanced AI to the physical economy,” said Fushman. “The company’s growth trajectory is a testament to the value it delivers to customers. We are proud to continue our partnership as Motive enters its next phase of global scale.” Building on a year of strong enterprise growth, with over 130% net revenue retention and a doubling in ARR from large customers, Motive is expanding GTM operations in North America, ramping up R&D in India, and preparing for a UK launch in August to meet growing international demand.

Read More: Motive raises $150M to further AI leadership and expand global reach.

Subscribe

- Never miss a story with notifications


    Latest stories

    spot_img