Motive earnings call & news

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Motive

Industry

Ground Transportation

Funding

Series F

Team size

3.5K

Revenue

$1B - $10B

Earnings call & news details

In its most recent earnings call, Motive reported a 21% year-over-year revenue increase in Q3 2023, underscoring its successful drive in the competitive fleet management market. The discussion focused on optimizing safety, productivity, and profitability through AI-enhanced fleet solutions. 

Key points from the earnings call include:
- A clear emphasis on AI-driven product innovation
- Addressing challenges related to supply chain pressures and cost management
- An open discussion on both strengths and operational hurdles

This transparent approach in performance reporting offers insights into the company’s strategic direction and market challenges.

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Buying signals & triggers

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Hiring trends

Motive is actively expanding its workforce, particularly in key areas such as software engineering, product management, and design. Open roles in GTM and EPD functions underscore its commitment to scaling operations and innovation.

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Investors & funding

Motive's funding details remain undisclosed, offering limited insight into its investor base or funding rounds. Despite this, the company’s scale suggests substantial financial resources are backing its operations.

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Key decision makers

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