Recent Funding
Investors
Motivate Venture Capital

Motivate Venture Capital portfolio

Motivate Venture Capital has 6 portfolio companies on record at Recent Funding, with 2 investments in the last 12 months.

Website: motivate.vc.

Type: Venture capital.

Portfolio on Recent Funding: 6.

Deals, last 12 months: 2.

Capital in their rounds: $53M.

Latest deal: Lazarus AI · Nov 5, 2026.

About this page

It is a venture capital firm based in Chicago, US, founded in 2019. Its most recent investment on record is Lazarus AI's $43M funding round in November 2026, alongside QBE Ventures, Plug and Play, Joyance Partners and 6 others. By category, its portfolio leans toward Fintech (2) and HR and recruiting (2). It has co-invested with Plug and Play, Techstars and Joyance Partners.

About Motivate Venture Capital

Firm type: Venture capital.

Headquarters: Chicago, US.

Founded: 2019.

Stages: Pre-Seed, Seed.

Sectors: Consumer, Crypto & Web3, Data & Infrastructure, EdTech, Enterprise Software, Fintech, Hardware, Healthtech, SaaS, Sector Agnostic.

Check size: $250K to $3M.

Leads rounds: No.

Portfolio companies: 32.

Exits: 2.

Rounds led: 0.

Funds raised

Fund	Fund #	Size	Announced
MMotivate Ventures Chicago	Ifirst fund	$43Mvia Shai Goldman's fund list	Nov 15, 2019 motivate.vc

What Motivate Venture Capital invests in

Fintech · 2 · 33%
HR and recruiting · 2 · 33%
AI infrastructure and compute · 1 · 17%
Insurance · 1 · 17%
Defense and security · 1 · 17%
Media and content · 1 · 17%
Developer tools and cloud · 1 · 17%
Logistics and mobility · 1 · 17%

How Motivate Venture Capital invests

Stage	Deals	Capital in rounds
round	1 50%	$43M
Seed	1 50%	$10M

Motivate Venture Capital portfolio companies

LLazarus AI$43Mround · Nov 2026
AAlgoX2$10MSeed · Sep 2026
FFinofobacker
TTelgeabacker
TThe Nmbr Companybacker
TTelegraphbacker

Company	Round with Motivate Venture Capital	Total raised	Latest raise
LLazarus AI AI infrastructure and compute	Nov 5, 2026 round · $43M	$43M	Nov 5, 2026 round
AAlgoX2 Media and content	Sep 30, 2026 Seed · $10M	$10M	Sep 30, 2026 Seed
FFinofo Fintech	backer · source	$3.3M	Jun 10, 2025 Seed
TTelgea HR and recruiting	backer	$5M	Feb 25, 2026 round
TThe Nmbr Company Fintech	backer	undisclosed	—
TTelegraph Logistics and mobility	backer	$6M	Oct 22, 2025 Seed

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Fintech).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Venture funds Motivate Venture Capital raised, from the list of new VC funds compiled by Shai Goldman (Brex). Each size links to the article that states it, or to that list where no article was found. All new funds: new VC funds.

Share is of the 2 rounds on Recent Funding that name Motivate Venture Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Motivate Venture Capital, which is a subset of its real portfolio. API: /api/v1/investors/motivate-venture-capital (get a free API key). More: the most active VC firms and new venture capital funds.