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AI Startup Motive Technologies Hires Banks for Imminent IPO
13 Aug
Summary
- Motive Technologies, an AI-driven fleet management startup, hires JPMorgan, Citigroup, Barclays for IPO
- IPO could happen as soon as the end of 2025
- Company held organization meeting on Monday to kick off IPO preparations

On August 11, 2025, Motive Technologies, a San Francisco-based startup using artificial intelligence technology for driver safety and fleet management, has hired a team of banks led by JPMorgan Chase & Co. to push forward with an initial public offering. The company is also working with Citigroup Inc., Barclays Plc, and Jefferies Financial Group Inc. to prepare for the highly anticipated IPO.
Motive Technologies held an organization meeting this past Monday to kick off the process of going public. According to a person familiar with the matter, the IPO could come as soon as the end of this year, 2025. The startup, founded in 2021, has been making waves in the AI-powered fleet management space, offering innovative solutions to improve driver safety and optimize operations.
The decision to pursue an IPO signals Motive's ambition to scale its business and capitalize on the growing demand for advanced fleet management technologies. As the company prepares to enter the public market, investors and industry analysts will be closely watching to see how Motive's AI-driven offerings perform in the coming months.