Motiv Overview
- Year Founded
-
2009
- Status
-
Private
- Employees
-
101
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$40M
- Investors
-
9
Motiv General Information
Description
Manufacturer of electronic vehicles intended to provide medium-duty commercial all-electric trucks and buses along with charging infrastructure and guidance for deploying commercial fleets. The company offers daily-use zero-emission vehicles for moving people and moving goods and uses high-volume commercial-scale batteries through OEM partnerships and is available for many configurations including step vans, trolleys, and other specialty vehicles, providing businesses with a pathway to electrification from fossil fuels and reducing their emissions and operating costs.
Contact Information
Website
www.motivps.comCorporate Office
- 330 Hatch Drive
- Foster City, CA 94404
- United States
Corporate Office
- 330 Hatch Drive
- Foster City, CA 94404
- United States
Motiv Timeline
Motiv Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
17. Later Stage VC | 01-Nov-2022 | $40M | 00000 | Completed | Generating Revenue | |
16. Later Stage VC (Series C3) | 01-Mar-2022 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
15. Later Stage VC (Series C) | 01-Jul-2021 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
14. Secondary Transaction - Private | 01-Dec-2020 | 0000 | 000.00 | Completed | Generating Revenue | |
13. Debt - PPP | 09-Apr-2020 | 00.000 | 000.00 | Completed | Generating Revenue | |
12. Later Stage VC | 01-Apr-2020 | 000 | 000.00 | Completed | Generating Revenue | |
11. Later Stage VC (Series B) | 30-Sep-2019 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
10. Grant | 01-Aug-2017 | 000.00 | 000.00 | Completed | Generating Revenue | |
9. Later Stage VC | 01-Jan-2017 | $3.41M | $13.2M | Completed | Generating Revenue | |
8. Later Stage VC | 01-Aug-2015 | $2.24M | $9.8M | Completed | Generating Revenue |
Motiv Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C3 | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series C-2 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series C-1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series B | 00,000,000 | 00.000000 | 00 | 00 | 00 | 00 | 00 | 00.000 |
Series A-2 | 37,600,000 | $0.001000 | 8% | $1 | $1 | 1x | $1 | 30.3% |
Series A-1 | 9,200,000 | $0.001000 | 7% | $1 | $1 | 1x | $1 | 7.41% |
Motiv Comparisons
Industry
Financing
Details
Motiv Competitors (13)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Lightning eMotors | Formerly VC-backed | Loveland, CO | 000 | 00000 | 000000&0 | |
TASS International | Corporate Backed or Acquired | Helmond, Netherlands | 00 | 000000&0 | ||
Lion Electric | Formerly PE-Backed | Saint-Jérôme, Canada | 0000 | 00000 | 00000000 | 00000 |
Kodiak Robotics | Venture Capital-Backed | Mountain View, CA | 000 | 00000 | 000000 0 | |
Xos Trucks | Formerly VC-backed | Los Angeles, CA | 000 | 00000 | 000000000 | 00000 |
Motiv Patents
Motiv Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-11855267-B1 | Methods and apparatus for controlling cooling capacity of a multi- evaporator cooling system | Active | 02-Feb-2021 | 0000000000 | 0 |
US-11888310-B1 | Methods and apparatus for precharge monitoring of high voltage circuits | Active | 25-Aug-2020 | 000000000 | 0 |
US-11882446-B1 | Vehicle charge station network access credential updating system | Active | 22-Jul-2020 | 0000000000 | 0 |
US-11498443-B1 | Electric vehicle with precharge mode | Active | 13-Dec-2019 | 00000000000 | 0 |
US-11201459-B1 | Efuse for use in high voltage applications | Active | 02-May-2019 | H02H3/006 | 0 |
Motiv Executive Team (12)
Name | Title | Board Seat |
---|---|---|
Jim Castelaz | Founder, Chief Technology Officer & Board Member | |
Scott Griffith | Chief Executive Officer & Board Member | |
Kristen Magnuson | Chief Financial Officer & Executive Team Advisor | |
Prasad Ramakrishnan | Chief Operating Officer | |
Ryan Hurst | Treasurer |
Motiv Board Members (9)
Name | Representing | Role | Since |
---|---|---|---|
Alan Henricks | Self | Board Member & Audit Committee Chairman | 000 0000 |
Andrea Cunningham | Self | Board Member | 000 0000 |
Jim Castelaz | Motiv | Founder, Chief Technology Officer & Board Member | 000 0000 |
Jun Hong Heng MD | Crescent Cove Advisors | Board Member | 000 0000 |
Matt O'Leary | Motiv | Executive Chairman & Interim President | 000 0000 |
Motiv Signals
Motiv Investors (9)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Crescent Cove Advisors | PE/Buyout | Minority | 000 0000 | 000000 0 |
3Lines | Venture Capital | Minority | 000 0000 | 000000 0 |
Blackhorn Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Daniel Popkin | Angel (individual) | Minority | 000 0000 | 000000 0 |
Farmore Capital Group | Venture Capital | Minority | 000 0000 | 000000 0 |
Motiv FAQs
-
When was Motiv founded?
Motiv was founded in 2009.
-
Who is the founder of Motiv?
Jim Castelaz is the founder of Motiv.
-
Who is the CEO of Motiv?
Scott Griffith is the CEO of Motiv.
-
Where is Motiv headquartered?
Motiv is headquartered in Foster City, CA.
-
What is the size of Motiv?
Motiv has 101 total employees.
-
What industry is Motiv in?
Motiv’s primary industry is Road.
-
Is Motiv a private or public company?
Motiv is a Private company.
-
What is Motiv’s current revenue?
The current revenue for Motiv is 00000.
-
How much funding has Motiv raised over time?
Motiv has raised $189M.
-
Who are Motiv’s investors?
Crescent Cove Advisors, 3Lines, Blackhorn Ventures, Daniel Popkin, and Farmore Capital Group are 5 of 9 investors who have invested in Motiv.
-
Who are Motiv’s competitors?
Lightning eMotors, TASS International, Lion Electric, Kodiak Robotics, and Xos Trucks are some of the 13 competitors of Motiv.
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