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

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.