Motive Technologies Statistics (2026): Growth, Revenue, Market & IPO-Related Data

Motive Technologies (formerly KeepTruckin) has evolved into an AI-first "physical economy" giant. Following its S-1 filing in December 2025, the company is positioned as one of the most significant tech IPOs of 2026. This article provides a data-driven breakdown of Motive’s financial health, market position, and operational scale based on its recent public disclosures.

Fact-Checked Journalist Snapshot

A high-level summary for quick reference and backlinking.

2. Motive Technologies Growth Statistics

Motive’s transition from SMB-focused compliance to enterprise AI safety has fueled its current trajectory toward a public listing.

• Annual Recurring Revenue (ARR): Reached $501M as of Sept 30, 2025—a 28% YoY increase.
• Revenue (9-Month): Reported $327.3M for the first three quarters of 2025.
• LTM Revenue: Approximately $429M (Last Twelve Months ending Sept 2025).
• Enterprise Momentum: Large customers (>$100k ARR) grew by 49% - 58% growth in 2025, now accounting for nearly 30% of total ARR.

Growth Metrics by Year

3. Financial & Revenue Statistics

These figures from the S-1 filing allow analysts to evaluate Motive's efficiency against rivals like Samsara.

• Annual Recurring Revenue (ARR): Reached $501M as of Sept 30, 2025.
• Revenue per Employee: Approximately $95,131 (as of Sept 2025).
• Net Loss: Reported a net loss of $138.5M for the nine months ended Sept 30, 2025.
• Gross Margin: Consistently held at 70%.

4. Funding, Valuation & Investor Statistics

Motive has raised approximately $717M across various rounds to date.

• Total Funding: ~$717 million.
• Valuation (Private Market): Valued at $2.85B in 2022; Series F (2025) and secondary markets suggest a valuation around $3.08B.
• Major Investors: Kleiner Perkins, GV (Google Ventures), Greenoaks, Index Ventures, IVP, and AllianceBernstein.
• Target IPO Raise: Seeking to raise approximately $600M in its 2026 offering.

5. Product Usage & Platform Statistics

Motive’s "Physical Operations Graph" is fueled by real-time sensor and vision data.

• Active Drivers: Over 1.3 million drivers use Motive products.
• Safety Events: Motive claims its AI Dashcam has prevented 170,000 collisions and saved 1,500 lives to date.
• Active vehicles tracked daily: 500,000+ (Estimated based on connected assets).

6. Safety, Compliance & Cost-Saving Statistics

Data used to demonstrate the "ROI" of the platform for fleet operators.

• Accident Reduction: Customers have seen accidents reduced by up to 80%.
• Financial Savings: Claims to have saved customers more than $3.4 million in combined accident, insurance, and fuel costs.

7. Motive vs. Industry Benchmarks

Comparing Motive's S-1 data against its primary public competitor, Samsara.

8. Timeline: Key Milestones in Motive’s Journey

• 2013: Founded as KeepTruckin in San Francisco.
• 2017: Shifted focus to training AI models for driver behavior detection.
• 2021: Launch of the AI Dashcam, a major growth catalyst.
• 2022: Rebranded to Motive; valued at $2.85B.
• 2024: Won major patent infringement litigation against competitor Samsara.
• Sept 2025: Filed confidential IPO paperwork.
• Dec 2025: Public S-1 filed with the SEC.
• Jan 2026: Began roadshow/marketing for NYSE listing (MTVE).

9. Frequently Asked Questions

How much revenue does Motive make? Motive booked $428.85 million in revenue for the twelve months ended September 30, 2025.

Is Motive Technologies profitable? No. Motive reported a net loss of $138.5 million for the first nine months of 2025 as it continues to invest in scaling and R&D.

Who are Motive’s competitors? Its primary public competitor is Samsara (IOT). Other players include Geotab and Verizon Connect.

10. Sources & Methodology

• Primary Source: Motive Technologies SEC Form S-1, filed Dec 23, 2025.
• Market Reports: Bloomberg Intelligence, Morningstar, and Investing.com analyst reports (Jan 2026).
• Corporate Data: Motive official newsroom and "Holiday Outlook Report 2025-2026."
• Last Updated: January 28, 2026.