MOTIV Electric Trucks Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 113

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $75M

  • Investors
  • 9

MOTIV Electric Trucks 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, enabling businesses with a pathway to electrification from fossil fuels and reducing their emissions and operating costs.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 330 Hatch Drive
  • Foster City, CA 94404
  • United States
+1 (650)
Primary Industry
Road
Other Industries
Business/Productivity Software
Corporate Office
  • 330 Hatch Drive
  • Foster City, CA 94404
  • United States
+1 (650)

MOTIV Electric Trucks Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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MOTIV Electric Trucks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
19. Later Stage VC 25-Apr-2025 $75M Completed Generating Revenue
18. Later Stage VC 01-Oct-2024 Completed Generating Revenue
17. Later Stage VC 01-Nov-2022 Completed Generating Revenue
16. Later Stage VC (Series C3) 01-Mar-2022 Completed Generating Revenue
15. Later Stage VC (Series C) 01-Jul-2021 Completed Generating Revenue
14. Debt - General 31-Dec-2020 Completed Generating Revenue
13. Debt - PPP 09-Apr-2020 Completed Generating Revenue
12. Later Stage VC 01-Apr-2020 Completed Generating Revenue
11. Later Stage VC (Series B) 30-Sep-2019 $60M $73.2M Completed Generating Revenue
10. Grant 01-Aug-2017 $13.2M $13.2M Completed Generating Revenue
To view MOTIV Electric Trucks’s complete valuation and funding history, request access »

MOTIV Electric Trucks Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C3
Series C-2
Series C-1
Series B
Series A-2 37,600,000 $0.001000 8% $1 $1 $1 30.3%
Series A-1 9,200,000 $0.001000 7% $1 $1 $1 7.41%
To view MOTIV Electric Trucks’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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MOTIV Electric Trucks Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of electronic vehicles intended to provide medium-duty commercial all-electric trucks and buses along with
Road
Foster City, CA
113 As of 2025

Loveland, CO
 

Helmond, Netherlands
 
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MOTIV Electric Trucks Competitors (13)

One of MOTIV Electric Trucks’s 13 competitors is Lightning eMotors, a Formerly VC-backed company based in Loveland, CO.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Lightning eMotors Formerly VC-backed Loveland, CO
TASS International Corporate Backed or Acquired Helmond, Netherlands
Lion Electric Formerly PE-Backed Saint-Jerome, Canada
Orange EV Venture Capital-Backed Kansas City, KS
Wrightspeed Venture Capital-Backed Alameda, CA
You’re viewing 5 of 13 competitors. Get the full list »

MOTIV Electric Trucks Patents

MOTIV Electric Trucks 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
US-12230983-B1 Smart battery balancer for balancing voltage output levels of multiple batteries Active 21-Oct-2020
US-11888310-B1 Methods and apparatus for precharge monitoring of high voltage circuits Active 25-Aug-2020
US-11882446-B1 Vehicle charge station network access credential updating system Active 22-Jul-2020
US-11498443-B1 Electric vehicle with precharge mode Active 13-Dec-2019 H02J7/00304
To view MOTIV Electric Trucks’s complete patent history, request access »

MOTIV Electric Trucks Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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MOTIV Electric Trucks Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Crescent Cove Advisors PE/Buyout Minority
3Lines Venture Capital Minority
Blackhorn Ventures Venture Capital Minority
Angel (individual) Minority
Farmore Capital Group Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

MOTIV Electric Trucks FAQs

  • When was MOTIV Electric Trucks founded?

    MOTIV Electric Trucks was founded in 2009.

  • Where is MOTIV Electric Trucks headquartered?

    MOTIV Electric Trucks is headquartered in Foster City, CA.

  • What is the size of MOTIV Electric Trucks?

    MOTIV Electric Trucks has 113 total employees.

  • What industry is MOTIV Electric Trucks in?

    MOTIV Electric Trucks’s primary industry is Road.

  • Is MOTIV Electric Trucks a private or public company?

    MOTIV Electric Trucks is a Private company.

  • What is MOTIV Electric Trucks’s current revenue?

    The current revenue for MOTIV Electric Trucks is .

  • How much funding has MOTIV Electric Trucks raised over time?

    MOTIV Electric Trucks has raised $344M.

  • Who are MOTIV Electric Trucks’s investors?

    Crescent Cove Advisors, 3Lines, Blackhorn Ventures, , and Farmore Capital Group are 5 of 9 investors who have invested in MOTIV Electric Trucks.

  • Who are MOTIV Electric Trucks’s competitors?

    Lightning eMotors, TASS International, Lion Electric, Orange EV, and Wrightspeed are some of the 13 competitors of MOTIV Electric Trucks.

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