Motive, an AI-powered operations platform, has raised $150 million in a new funding round. The investment was led by Kleiner Perkins, with participation from new investor AllianceBernstein and other existing backers. Additionally, Kleiner Perkins Partner Ilya Fushman will rejoin Motive’s Board of Directors as part of the transaction.
Fueling Global Expansion and AI Development
With this capital, Motive will advance its AI roadmap to improve automation across its platform. The company plans to enhance features for driver safety, preventive maintenance, and fraud detection. This investment strengthens its position in the competitive AI fleet management market against rivals like Samsara and Geotab.
The funding will also support a significant go-to-market expansion. Motive is scaling its operations across North America, with a focus on recent growth in Mexico and Canada. Furthermore, the company will launch in the United Kingdom in August to meet demand for fleet safety and sustainability solutions.
Motive currently serves nearly 100,000 customers and 1.3 million drivers.
This new capital injection will also accelerate R&D expansion in India, building on a recent hiring initiative. The company’s growth is driven by strong enterprise adoption of its telematics and supply chain management tools, with net revenue retention exceeding 130%.
