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Fleet-Tracking Startup Motive Picks JPMorgan for US IPO

Summary by Transport Topics
The startup is generating about $500 million of annualized recurring revenue from its more than 100,000 customers.

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Fleet-Tracking Startup Motive Picks JPMorgan for US IPO

The startup is generating about $500 million of annualized recurring revenue from its more than 100,000 customers.

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BloombergBloomberg
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Fleet-Tracking Startup Motive Said to Pick JPMorgan for US IPO

Motive Technologies Inc., a driver safety and fleet management startup using artificial intelligence technology, has hired banks led by JPMorgan Chase & Co. to push ahead with an initial public offering, according to a person familiar with the matter.

·United States
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  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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Bloomberg broke the news in United States on Wednesday, August 13, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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