About Motimate
Motimate is a company based in Oslo (Norway) founded in 2017 by Rolf Risnes was acquired by Kahoot in April 2021.. Motimate has raised $1.8 million across 1 funding round from investors including Kahoot and Investinor. Motimate offers products and services including Motimate App and Creative Studio. Motimate operates in a competitive market with competitors including D2L, Degreed, Docebo, Skillsoft and WorkRamp, among others.
- Headquarter Oslo, Norway
- Founders Rolf Risnes
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Motimate As
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Products & Services of Motimate
Motimate offers a comprehensive portfolio of products and services, including Motimate App and Creative Studio. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for creating and sharing gamified educational content.
Tool for designing engaging learning courses and materials.
Funding Insights of Motimate
Motimate has successfully raised a total of $1.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.8 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.8M
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First Round
First Round
(01 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Seed - Motimate | Valuation | Investinor |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Motimate
Motimate has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Kahoot and Investinor. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based gamified content management platform for schools and organizations
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Motimate
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Motimate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Motimate Comparisons
Competitors of Motimate
Motimate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as D2L, Degreed, Docebo, Skillsoft and WorkRamp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
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Cloud-based LMS platform tracks skills across industries.
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Cloud-based learning management system for corporate employee training is provided.
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| domain | founded_year | HQ Location |
E-learning platforms are provided for professional skills and compliance training.
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Enterprise learning management systems are provided for training programs.
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| domain | founded_year | HQ Location |
Adaptive learning platform for test preparation and certifications is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Motimate
When was Motimate founded?
Motimate was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Motimate located?
Motimate is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Motimate?
Rolf Risnes is the current CEO of Motimate. They have also founded this company.
Is Motimate a funded company?
Motimate is a funded company, having raised a total of $1.8M across 1 funding round to date. The company's 1st funding round was a Seed of $1.8M, raised on Jun 01, 2019.
What does Motimate do?
Motimate was founded in 2017 in Oslo, Norway, and operates in the edtech sector. SaaS and mobile solutions are provided for corporate training and internal communication. Motimate Training is offered as a gamified e-learning platform where courses can be created using videos, images, texts, and quizzes. Motimate Pulse is available as a tool for employees to share successes and knowledge among teams.
Who are the top competitors of Motimate?
What products or services does Motimate offer?
Motimate offers Motimate App and Creative Studio.
Who are Motimate's investors?
Motimate has 2 investors. Key investors include Kahoot, and Investinor.