About Motivate
Motivate is a company based in Brooklyn (United States) founded in 2009 was acquired by Lyft in June 2018.. The company has 655 employees as of December 31, 2021. Motivate has completed 1 acquisition, including 8D Technologies. Motivate offers products and services including Fleet Maintenance, Power Supply Management, Asset Deployment and Control, and Micromobility Consulting. Motivate operates in a competitive market with competitors including Tembici, BCycle, PBSC Urban Solutions, VelyVelo and Green On, among others.
- Headquarter Brooklyn, United States
- Employees 655 as on 31 Dec, 2021
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Sectors
Transportation, Automotive & Logistics
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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 Motivate Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
655
as on Dec 31, 2021
- Investments & Acquisitions
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Acquired by
Lyft
(Jun 01, 2018)
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Products & Services of Motivate
Motivate offers a comprehensive portfolio of products and services, including Fleet Maintenance, Power Supply Management, Asset Deployment and Control, and Micromobility Consulting. 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.
Ensures reliable upkeep of urban transit fleets for operational efficiency.
Handles power systems for micromobility to avoid disruptions.
Manages deployment of assets for seamless fleet operations.
Provides advice on micromobility strategies for business optimization.
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Funding Insights of Motivate
| 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 |
investors |
Investors in Motivate
Motivate has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Lyft. 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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App-based ride-hailing aggregator
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Motivate
Motivate has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 8D Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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POS solutions for bike sharing and parking are provided.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Motivate
| 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 |
investors |
Motivate Comparisons
Competitors of Motivate
Motivate 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 Tembici, BCycle, PBSC Urban Solutions, VelyVelo and Green On, 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 |
Tech-enabled electric bike-sharing solutions are provided for urban mobility.
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| domain | founded_year | HQ Location |
BCycle provides urban bike-sharing platforms for electric bike rentals via app.
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| domain | founded_year | HQ Location |
Bike-sharing platform
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| domain | founded_year | HQ Location |
Fleet management for electrically assisted bicycles is enabled via SaaS.
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| domain | founded_year | HQ Location |
Electric bicycles are shared through a self-service network.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Motivate
Frequently Asked Questions about Motivate
When was Motivate founded?
Motivate was founded in 2009.
Where is Motivate located?
Motivate is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
How many employees does Motivate have?
As of Dec 31, 2021, the latest employee count at Motivate is 655.
What does Motivate do?
Founded in 2009 and based in Brooklyn, United States, operations in the bike sharing sector are managed across nine U.S. cities, including the Bay Area, New York, and Washington. Services encompass planning and advisory support prior to system implementation, ongoing management and maintenance of bikes and stations, integration of front-end and back-end technology, and marketing through partnerships with brands for rental programs.
Who are the top competitors of Motivate?
Motivate's top competitors include Tembici, VelyVelo and PBSC Urban Solutions.
What products or services does Motivate offer?
Motivate offers Fleet Maintenance, Power Supply Management, Asset Deployment and Control, and Micromobility Consulting.
How many acquisitions has Motivate made?
Motivate has made 1 acquisition, including 8D Technologies.
Who are Motivate's investors?
Motivate has 1 investor. Key investors include Lyft.