Growth financing · AI
Motive secures over $1.3bn in growth financing
General Catalyst’s Customer Value Fund backed the financing to develop Motive’s AI platform and expand enterprise reach.
Motive plans to advance its AI platform, scale go-to-market teams and extend its reach among large global operations.
The company reports nearly 100,000 customer organizations across transportation, construction, energy, manufacturing, agriculture, retail and other industries. That operating base provides context for its enterprise expansion.
The reported financing exceeds $1.3bn. The collected announcement does not specify an equity round or financing instrument.
Use of funds
Advance AI platform
Scale go-to-market teams
Extend reach among large global operations
Funding history
Growth financing · This round>$1.3B