Motus
AcquiredVehicle Reimbursement Solutions
Boston, United States · Founded 2008
- Headquarters
- Boston, Massachusetts
- Founded
- 2008
- Business Model
- B2B
- Website
- motus.com
- Last Round
- Private Equity
- Rounds
- 1
- Acquisition Date
- Jan 2018
About
Motus operates a vehicle reimbursement and mobile workforce management platform that helps businesses reimburse employees for driving costs through tax-advantaged programs (FAVR, CPM, TAAP), track mileage automatically via GPS, and reduce liability with driver safety monitoring. The company has served as a data provider to the IRS for the standard mileage rate for more than 40 years and brings over 90 years of combined industry expertise, with SOC 2 Type II compliant integrations into SAP Concur, HRIS, and SSO systems.
Summary
Motus is a SaaS company based in Boston, United States, founded in 2008. Investors include Permira and Thoma Bravo.
Tech & App Stack
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Funding History
Jan 2018
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Private Equity through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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