Motive Raises $150 Million Led By Kleiner Perkins And AllianceBernstein For AI Expansion

Motive, a San Francisco-based AI-powered Integrated Operations Platform for the physical economy, has raised $150 million in a funding round led by Kleiner Perkins, with participation from AllianceBernstein and existing investors.

Summary of transaction details:

• Deal Type: Funding Round
• Transaction Amount: $150,000,000
• Notable Investors: Kleiner Perkins, AllianceBernstein
• Headquarters: San Francisco

The company is led by CEO and Co-founder Shoaib Makani and serves nearly 100,000 customers across sectors like logistics, construction, and agriculture. Motive has experienced more than doubled its annual recurring revenue (ARR) from large enterprise clients since 2024 and plans to use the capital to scale its AI capabilities, expand internationally, and deepen enterprise adoption.