# Motive

> AI platform for physical operations — safety, fleets, equipment, and spend in one system.

## Why it is interesting

On Sep 10, 2026 Motive took more than $1.3B from General Catalyst’s Customer Value Fund at company-disclosed ARR above $600M (30% YoY), then withdrew its Dec 2025 S-1 — a rare stay-private megacheck on physical-ops AI.

## Profile

- **Latest funding:** Growth (CVF) — $1.3B+ (September 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** Not publicly disclosed
- **Stage:** growth
- **Status:** private
- **Industries:** ai-ml, enterprise-saas, logistics
- **Coverage:** full
- **Last updated:** 2026-09-12
- **Latest funding investors:** General Catalyst

## Key facts

- >$1.3B GC Customer Value Fund growth financing (Sep 10, 2026) — company
- ARR >$600M; 30% YoY; large-account ARR ~60% YoY; NRR >120% — company
- S-1 withdrawn; future IPO path left open — company / FreightWaves

## Funding history

- Growth (CVF) · $1.3B+ · September 2026
  Source: https://gomotive.com/motive-secures-more-than-1-3-billion-in-growth-financing-from-general-catalyst/

## Investors in our directory

- https://venturecapitaltracker.com/fund/general-catalyst

## Related articles

- https://venturecapitaltracker.com/2026-motive-1-3b-growth-financing-general-catalyst-cvf
- https://venturecapitaltracker.com/2026-september-10-12-investment-news-motive-xapien-physical-ai

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 12, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/motive