Motion2AI Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
26
- Latest Deal Type
-
2ndary - Private
- Investors
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16
Motion2AI General Information
Description
Developer of artificial intelligence-based software and IoT sensors designed for forklift tracking and telematics. The company's software and IoT sensors can be attached to any material-handling equipment that creates a 3D layout map of the warehouse and captures and feeds location data, helping to discover and map the fleets' locations and activities, enabling warehouse managers to proactively prevent forklift accidents, reduce labor costs, improve fleet utilization.
Contact Information
Website
motion2ai-solutions.comCorporate Office
- 750 North Saint Paul Street
- Suite 250
- Dallas, TX 75201
- United States
Corporate Office
- 750 North Saint Paul Street
- Suite 250
- Dallas, TX 75201
- United States
Motion2AI Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 6. Later Stage VC | 01-Jul-2023 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A) | 30-Jul-2021 | Completed | Generating Revenue | |||
| 4. Seed Round | 01-Mar-2020 | Completed | Startup | |||
| 3. Seed Round | 01-Jan-2018 | Completed | Startup | |||
| 2. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 1. Accelerator/Incubator | Completed | Generating Revenue |
Motion2AI Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | 1,018,863 | $0.000100 | 6% | $0.21 | $0.21 | 1x | $0.21 | 5.45% |
| Series A-1 | 5,291,005 | $0.000100 | 6% | $2.38 | $2.38 | 1x | $2.38 | 28.29% |
VC Exit Predictor
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Motion2AI Comparisons
Industry
Financing
Details
Motion2AI Competitors (2)
One of Motion2AI’s 2 competitors is LocoNav, a Venture Capital-Backed company based in Gurugram, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LocoNav | Venture Capital-Backed | Gurugram, India | ||||
| Rarestep | Venture Capital-Backed | Birmingham, AL |
Motion2AI Patents
Motion2AI Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2022132238-A1 | Method, system and apparatus for managing warehouse based on loading factor | Inactive | 16-Dec-2020 | ||
| WO-2022132239-A1 | Method, system and apparatus for managing warehouse by detecting damaged cargo | Inactive | 16-Dec-2020 | ||
| WO-2021243205-A1 | Method and system for geo-semantic recognition of structural object | Inactive | 29-May-2020 | ||
| EP-3899826-A1 | Warehouse management method and system | Inactive | 21-Dec-2018 | ||
| EP-3899826-A4 | Warehouse management method and system | Inactive | 21-Dec-2018 | B65G1/1373 |
Motion2AI Signals
Motion2AI Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Guindy Alumni Angels | Angel Group | Minority | ||
| Mirae Asset Capital | Venture Capital | Minority | ||
| 529 Ventures | Venture Capital | Minority | ||
| BDC Labs | Venture Capital | Minority | ||
| IMM Investment | Asset Manager | Minority |
Motion2AI FAQs
-
When was Motion2AI founded?
Motion2AI was founded in 2018.
-
Where is Motion2AI headquartered?
Motion2AI is headquartered in Dallas, TX.
-
What is the size of Motion2AI?
Motion2AI has 26 total employees.
-
What industry is Motion2AI in?
Motion2AI’s primary industry is Business/Productivity Software.
-
Is Motion2AI a private or public company?
Motion2AI is a Private company.
-
What is Motion2AI’s current revenue?
The current revenue for Motion2AI is .
-
How much funding has Motion2AI raised over time?
Motion2AI has raised $18.1M.
-
Who are Motion2AI’s investors?
Guindy Alumni Angels, Mirae Asset Capital, 529 Ventures, BDC Labs, and IMM Investment are 5 of 16 investors who have invested in Motion2AI.
-
Who are Motion2AI’s competitors?
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