Motional

Motional

Develops fully driverless robotaxis for urban transport

About

Motional develops fully driverless vehicles, specifically robotaxis, aimed at transforming urban transportation. Their all-electric robotaxis are designed to navigate complex city environments safely and efficiently. Motional partners with ride-hailing and delivery services, providing them with advanced autonomous vehicle technology to enhance their operations and reduce costs. A standout feature is their Command Center, which allows for real-time tracking of each vehicle, enabling human agents to monitor performance and ensure passenger safety. Unlike many competitors, Motional focuses on integrating its technology into existing mobility networks, making it easier for clients to adopt autonomous solutions. The company's goal is to make driverless vehicles a safe, reliable, and accessible option for urban transportation.

Company Stage

Growth Equity (Non-Venture Capital)

Employees

1,001-5,000

Industries

Robotics & Automation, Automotive & Transportation

Total Funding

$5B

Headquarters

Boston, Massachusetts

Founded

2020


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Simplify's Take

What believers are saying

  • Growing interest in autonomous delivery boosts Motional's market potential.
  • Hyundai's continued investment shows confidence in Motional's long-term prospects.
  • Significant robotics investments highlight strong financial backing for autonomous technology.

What critics are saying

  • Increased competition from well-funded companies like Wayve challenges Motional's market position.
  • Motional's financial instability is evident from its recent need for a bridge loan.
  • Delays in deploying autonomous vehicles may hinder early market opportunities.

What makes Motional unique

  • Motional offers a state-of-the-art Command Center for real-time robotaxi tracking.
  • The company focuses on all-electric, driverless robotaxis for urban environments.
  • Motional partners with ride-hailing and delivery services to enhance operational efficiency.

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Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-11%

2 year growth

-11%

Benefits

401K: 401K with up to 7.5% match

time Off: Unlimited sick and vacation days

Transportation: Commuter and fitness benefits

Healthcare: 3 plan options to support diverse needs

IVF: Fertility assistance

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