Motive Technologies files for proposed IPO

Motive Technologies has filed for a proposed NYSE IPO under the ticker MTVE.

The company describes itself as: "Motive is at the forefront of the transformation of the physical economy. For the first time ever, organizations that power the physical economy can connect and automate their operations end to end. Our Integrated Operations Platform enables these organizations to manage their workers, vehicles, equipment, and spend in one system. Powered by artificial intelligence (“AI”) purpose-built for physical operations, our platform helps customers ensure the safety of their workers, connect their vehicles and equipment, and automate mission critical workflows. The result is safer, more productive, and more profitable operations for the organizations that adopt our platform."

J.P. Morgan, Citigroup, Barclays and Jefferies will serve as lead underwriters.

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