Revenue Leaderboard › Physical AI
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#176 by ARRSan Francisco, USgomotive.com ↗

Motive

Motive is a fleet management and driver safety platform that helps improve the safety, productivity, and profitability of fleet operations.

ARR
$600M
as of Sep 2026
Employees
~4,000
as of Jan 2026
Valuation
$2.85B
4.8× ARR
ARR / employee
$150K
revenue efficiency
About Motive

Motive develops technology that connects and automates physical operations for businesses across various industries. The company provides a platform that combines telematics, fleet management, compliance tools, equipment monitoring, and AI-powered safety solutions. Its products help companies track vehicles, monitor driver behavior, automate workflows, and ensure regulatory compliance through real-time data and analytics. Motive also offers integrated solutions for spend management and maintenance, enabling businesses to control costs and improve operational efficiency. The platform supports diverse sectors including trucking, construction, oil and gas, and agriculture by centralizing data and enabling actionable insights. Through automation and visibility, Motive helps organizations optimize asset utilization and enhance decision-making in day-to-day operations.

AI-powered fleet and physical-operations platform (dashcams, telematics, spend). S-1 showed $501M ARR (Sep 2025); $600M+ Sep 2026; IPO withdrawn, $1.3B revenue-linked financing from General Catalyst. Last equity valuation $2.85B (2022), stale.

Investors · 12

LeadGeneral CatalystVenture capital71 partners on file
BoardKleiner PerkinsVenture capital· Ilya Fushman (Partner at Kleiner Perkins)20 partners on file
BoardScale Venture PartnersVenture capital· Alexander Niehenke (Partner at Scale Venture Partners)21 partners on file
InvestorAllianceBernsteinVenture capital15 partners on file
InvestorBlackRockAsset manager / other15 partners on file
InvestorCapitalGCorporate28 partners on file
InvestorG2 Venture PartnersVenture capital10 partners on file
InvestorGreenoaksVenture capital12 partners on file
InvestorGVCorporate10 partners on file
InvestorIndex VenturesVenture capital26 partners on file
InvestorInsight PartnersVenture capital22 partners on file
InvestorIVPVenture capital17 partners on file
267 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.
Motive logo
General Catalyst (lead) · AI for physical operations
$1.3B

News, deals & research

Latest in AI
DealMotive raises $1.3B led by General Catalyst for AI in fleets and physical operationsSep 10
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