Motive provides companies in the physical economy, such as the logistics, construction and oil and gas sectors, with an AI-powered integrated platform for managing their operations. The company announced a $150 million funding round spearheaded by Kleiner Perkins to expand its AI capabilities and fuel international growth.
Serving 1.3 million drivers across almost 100,000 customers, including FedEx Freight, Cintas and KONE, Motive will invest its new funding in enhancing solutions for driver safety, service verification, preventive maintenance, fraud detection and automated coaching. Its goal is to help its customers streamline repetitive tasks, improve safety and increase productivity.
The company will also put capital toward expanding its go-to-market operations as well as R&D, customer success and support. Having gained substantial footing in North America, Motive is set to launch in the U.K. in August. It will also invest in accelerating R&D in India as it continues building on its previously announced hiring initiative.
