About Motus
Motus is a company based in Boston (United States) founded in 2004 was acquired by Thoma Bravo in January 2018.. Motus has completed 3 acquisitions, including Everlance, Vision Wireless and Wireless Analytics. Motus offers products and services including Motus Reimburse, Motus Protect, Mobilize™, and Localize™. Motus operates in a competitive market with competitors including Spireon, EquipmentShare, Fleet Complete, SkyBitz and Mapon, among others.
- Headquarter Boston, United States
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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 Motus
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Permira
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Everlance
& 2 more
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Acquired by
Thoma Bravo
(Jan 17, 2018)
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Products & Services of Motus
Motus offers a comprehensive portfolio of products and services, including Motus Reimburse, Motus Protect, Mobilize™, and Localize™. 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.
Manages tax-advantaged vehicle reimbursement programs for businesses
Handles insurance and license monitoring for corporate drivers
Offers solutions for tracking and optimizing employee mobility
Provides tools for location-based expense and risk analysis
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Sales and Marketing
25 people
Software Development Team
24 people
Leadership Team
23 people
Product Management Team
14 people
Operations Team
11 people
Human Resources and Administration
9 people
Implementation Team
5 people
Project Team
5 people
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Funding Insights of Motus
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Private Equity Round - Motus | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Motus
Motus has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Permira and Thoma Bravo. 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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Investments are made in technology, consumer, healthcare, and service sectors.
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Founded Year | Domain | Location | |
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Software and technology-enabled services companies are targeted for investment.
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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 Motus
Motus has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Everlance, Vision Wireless and Wireless Analytics. 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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Mileage expenses are tracked for self-employed drivers via iOS app.
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2015 | ||||
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Mobile TEM and managed mobility services are provided to clients.
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2008 | ||||
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Wireless analytics, expense management, and mobility services are provided.
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2003 |
| 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 - Motus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Motus Comparisons
Competitors of Motus
Motus 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 Spireon, EquipmentShare, Fleet Complete, SkyBitz and Mapon, 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 |
SaaS-enabled solutions for fleet and field service management are offered.
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| domain | founded_year | HQ Location |
Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
Fleet, asset, and mobile workforce management solutions are provided.
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| domain | founded_year | HQ Location |
Remote asset tracking and management solutions are provided globally.
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| domain | founded_year | HQ Location |
Vehicle tracking and fleet management solutions are provided.
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| domain | founded_year | HQ Location |
Machine-to-machine communication solutions are delivered for IoT and asset tracking.
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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 Motus
Frequently Asked Questions about Motus
When was Motus founded?
Motus was founded in 2004 and raised its 1st funding round 17 years after it was founded.
Where is Motus located?
Motus is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
What does Motus do?
Motus was founded in 2004 in Boston, United States, as a provider of technology solutions in the fleet and workforce management sector. Operations focus on mileage reimbursements, fleet tracking, and business intelligence tools. Vehicle distances are measured to calculate reimbursable mileage, with automated employee payments, tax reporting, and compliance handled. Usage notifications based on mileage are issued, alongside reports on productivity, efficiency, and regulatory adherence.
Who are the top competitors of Motus?
Motus's top competitors include EquipmentShare, Mapon and Quartix.
What products or services does Motus offer?
Motus offers Motus Reimburse, Motus Protect, Mobilize™, and Localize™.
How many acquisitions has Motus made?
Motus has made 3 acquisitions, including Everlance, Vision Wireless, and Wireless Analytics.
Who are Motus's investors?
Motus has 2 investors. Key investors include Permira, and Thoma Bravo.
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