Motor: Funding, Investors & Team (Aug 2026)
To hasten the adoption of electric vehicles and a transition to a greener energy future, we collaborate with people, companies, and utilities. The most convenient way to purchase an electric vehicle, Motor gives users access to all the advantages of driving an electric vehicle without any of the trouble.
Motor has raised $7.0M across 1 funding round on record, the most recent a Series A of $7.0M announced in Feb 2023.
That round is above the $5.0M median round size for Transportation companies tracked on FundedIQ over the last two years.
Motor Company Profile and Key Stats
Latest funding round on record: Feb 2023.
Motor Funding Rounds
Motor Founders and Leadership Team
Contact details for the Motor team: 1 of 1 has an email address on file.
Start 14-day free trial →Motor Funding Compared to Other Transportation Startups
Motor's latest round of $7.0M is above the median round in Transportation. Medians cover the last 24 months of disclosed rounds.
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Motor Funding FAQs
What does Motor do?
To hasten the adoption of electric vehicles and a transition to a greener energy future, we collaborate with people, companies, and utilities. The most convenient way to purchase an electric vehicle, Motor gives users access to all the advantages of driving an electric vehicle without any of the trouble.
How much funding has Motor raised?
Motor has raised $7.0M across 1 round on record. The most recent is a Series A of $7.0M announced in Feb 2023.
When did Motor last raise funding?
Motor's most recent funding round on record is a Series A of $7.0M, announced in Feb 2023.
Who founded Motor?
FundedIQ lists Praveen Kathpal (Founder) at Motor.
Where is Motor headquartered?
Motor is based in Arlington, Virginia, United States.
How many employees does Motor have?
Motor is in the 11-50 employee band.
How does Motor's funding compare to other Transportation startups?
Motor's latest round of $7.0M is above the $5.0M median round size for Transportation companies on FundedIQ across 430 tracked companies over the last two years.
About FundedIQ's Motor Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Motor is left off this page rather than filled in.
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