MOTIV Electric Trucks Overview
- Year Founded
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2009
- Status
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Private
- Employees
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113
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$75M
- Investors
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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
Website
www.motivtrucks.comCorporate Office
- 330 Hatch Drive
- Foster City, CA 94404
- United States
Corporate Office
- 330 Hatch Drive
- Foster City, CA 94404
- United States
MOTIV Electric Trucks Timeline
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 |
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% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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MOTIV Electric Trucks Comparisons
Industry
Financing
Details
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 |
MOTIV Electric Trucks Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
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 |
MOTIV Electric Trucks Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
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 |
MOTIV Electric Trucks FAQs
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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.
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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.
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Is MOTIV Electric Trucks a private or public company?
MOTIV Electric Trucks is a Private company.
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What is MOTIV Electric Trucks’s current revenue?
The current revenue for MOTIV Electric Trucks is .
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How much funding has MOTIV Electric Trucks raised over time?
MOTIV Electric Trucks has raised $344M.
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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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