.
MergerLinks Header Logo

New Deal


Announced

Completed

Insight Partners and Kleiner Perkins led a $150m Series F funding round in Motive.

Financials

Edit Data
Transaction Value£120m
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Domestic

United States

Private Equity

Computer Hardware

Private

hardware solutions

Venture Capital

Minority

Acquisition

Completed

fleet management

Synopsis

Edit

Insight Partners, a venture capital and private equity firm, and Kleiner Perkins, an American venture capital firm, led a $150m Series F funding round in Motive, a developer of an electronic fleet tracking platform. “We’re excited to partner with Motive as the company has already established itself as a leader in AI technologies for physical operations. We recognize the long-term value Motive offers to customers, are impressed by their technology, ability to execute, and market potential. We look forward to working with the Motive team as they continue to scale up and grow," Teddie Wardi, Insight Partners Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US