When was Motiv founded?

Motiv was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Motiv located?

Motiv is headquartered in San Francisco, United States.

How many employees does Motiv have?

As of Jun 30, 2026, the latest employee count at Motiv is 2.

Is Motiv a funded company?

Motiv is a funded company, having raised a total of $24.3M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 11, 2014.

When was the latest funding round of Motiv?

Motiv's latest funding was a $***** Series A round on Feb 22, 2018, with participation from 0 investor.

Where does Motiv rank among its competitors?

Motiv ranks 24th amongst 158 active competitors, of which 45 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Oura, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Motiv?

Motiv's top competitors include Oura, Jawbone and Sleepme. Among them, Oura secured the most recent funding round in July, 2026.

Motiv - 2026 Company Profile, Team, Funding & Competitors

Motiv is an acquired company based in San Francisco (United States), founded in 2013 by Peter Twiss, Eric Strasser and Haakon Faste. It operates as a Manufacturer of wearable ring that tracks fitness, sleep, and heart rate. Motiv has raised $24.3M in funding. The company has 158 active competitors, including 45 funded and 8 that have exited. Its top competitors include companies like Oura, Jawbone and Sleepme.

Company Details

Manufacturer of wearable ring that tracks fitness, sleep, and heart rate. The ring offers comprehensive fitness tracking and app integration. It delivers convenience and information. The device features a slim, ultralight, waterproof design intended for continuous wear. It measures active minutes, resting heart rate, activity types, calories burned, activity intensity, steps, distance, and sleep duration. The ring is compatible with iOS and Android devices.

Website: www.mymotiv.com
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Key Metrics

Founded Year

2013

Location

San Francisco, United States

Stage

Acquired

Total Funding

$24.3M in 5 rounds

Latest Funding Round

Series A, Feb 22, 2018, $*****

Investors

Wells Fargo Startup Accelerator & 12 more

Ranked

24^th among 158 active competitors

Employee Count

2 as on Jun 30, 2026

Similar Companies

Oura & 473 more

Exit Details

Acquired by Proxy (Apr 27, 2020)

View Motiv's full profile

Motiv got acquired by Proxy on Apr 27, 2020.

Click here to take a look at Motiv's acquisition in detail

Motiv has raised a total funding of $24.3M over 5 rounds. Its first funding round was on Mar 11, 2014. Motiv has 13 institutional investors.

Here is the list of recent funding rounds of Motiv:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 22, 2018	9958832	Series A	1589682	2024370	1338556	8422717
Mar 01, 2016	6502834	Series A	2822919	2754247	4093651	1785630
Sep 11, 2015	2155450	Series A	3544900	6131513	6643026	7192268

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View details of Motiv's funding rounds and investors

The founders of Motiv are Peter Twiss, Eric Strasser and Haakon Faste.

Here are the details of Motiv's key team members:

Peter Twiss: Former Co-Founder of Motiv.
Eric Strasser: Former Co-Founder of Motiv.
Haakon Faste: Former Co-Founder of Motiv.
Mike Strasser: Founder & CEO of Motiv and founder of 1 other company.

View details of Motiv's Founder profiles and Board Members

Motiv's employee count trend

Motiv has 2 employees as of Jun 26. Here is Motiv's employee count trend over the years:

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Top competitors of Motiv include Oura, Jawbone and Sleepme. Here is the list of Top 10 competitors of Motiv, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oura 2013, Oulu (Finland), Series E	Developer of a smart ring for sleep, fitness, stress, and health	$1.32B	Temasek, Fidelity Investments & 71 others	79/100
2nd	Jawbone 1997, San Francisco (United States), Series F	Provider of wearable devices for activity and sleep tracking	$877M	Kleiner Perkins, Andreessen Horowitz & 35 others	67/100
3rd	Sleepme 2007, Mooresville (United States), Series C	Provider of sleep management systems	$37M	KKR, Wild Ventures & 1 others	61/100
4th	Sleep Number 1987, Minneapolis (United States), Acquired	Provider of smart beds and sleep technology for personalized comfort and wellness	-	Norwest	59/100
5th	Onera 2018, Palo Alto (United States), Series C	Developer of a wearable sleep monitoring system	$60.2M	EQT, Innovation Industries & 10 others	58/100
6th	NuCalm 2010, Wilmington (United States), Seed	Neuroscience-backed app for stress relief, sleep, focus, and recovery	$1.55M	High Clover Capital, Third Seven Capital	55/100
7th	NextSense 2020, Mountain View (United States), Series A	Developer of wireless earbuds that monitor brain activity and enhance sleep	$35.3M	Ascension Ventures, Satori Capital & 6 others	55/100
8th	FRENZ 2018, Boulder (United States), Seed	Provider of wearable headband for inducing sleep and relaxation	$6.8M	Founders Fund, Samsung Venture Investment ... & 3 others	52/100
9th	Stream 2025, New York (United States), Series A	Developer of a voice-first ring for capturing thoughts and building ideas	$36M	Kindred Ventures, Adjacent & 3 others	52/100
10th	Vivos 2016, Highlands Ranch (United States), Public	Developer of a medical treatment plan for sleep apnea management	$556K	Seneca Partners, OSTI	51/100
24th	Motiv 2013, San Francisco (United States), Acquired	Manufacturer of wearable ring that tracks fitness, sleep, and heart rate	$24.3M	Wells Fargo Startup Accelerator, Future Shape ... & 11 others	43/100