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Motive Technologies Files $100 Million IPO Amid Losses

12/24/2025

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Story summary
  • Motive Technologies Inc. filed for an initial public offering on the New York Stock Exchange to raise up to $100 million.
  • For nine months ended September 30, 2025, Motive posted a net loss of $138.5 million.
  • Motive serves nearly 100,000 customers across construction and logistics.
  • The IPO is led by JPMorgan Chase & Co. and Citigroup Inc.
  • Motive is involved in ongoing patent disputes with Samsara.