Motivate Capital Management, LLC
SEC exempt reporting adviser (venture capital exemption).
- HQ
- IL
No contact route found yet.
Motivate Capital Management invests across the earliest stages of a company's lifecycle, backing founders with strong domain knowledge who are tackling real, durable problems. Its team includes Jackson Bubala, a Partner focused on fintech and enterprise software, and Bonnie Kearns, Chief Operations Officer. Its portfolio includes Chime, Public.com, Mesh, Valiot, and Fulcrum.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Pre-seed, Seed | Not enough dated deals | Seed, Series A |
| Sectors | AI applications | Not enough dated deals | Enterprise SaaS, Media, Consumer, Ecommerce, Edtech |
| Regions | US | Not enough dated deals | CA, IL |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2012 | 1 | Consumer, Edtech |
| 2013 | 13 | Enterprise SaaS, Media, Edtech |
| 2014 | 9 | Hardware, Enterprise SaaS, Data analytics |
| 2015 | 6 | Foodtech, Logistics, HR and future of work |
| 2016 | 5 | Ecommerce, Construction and proptech, Consumer |
| 2017 | 5 | Data analytics, Advanced materials, Ecommerce |
| 2018 | 4 | Construction and proptech, Devtools, Edtech |
| 2019 | 17 | Construction and proptech, Consumer, Fintech |
| 2020 | 4 | AI applications, Consumer, Digital health |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2012 | 0 | 1 | 0 | 0 | 0 |
| 2013 | 0 | 11 | 2 | 0 | 0 |
| 2014 | 0 | 5 | 2 | 0 | 0 |
| 2015 | 0 | 3 | 2 | 0 | 0 |
| 2016 | 0 | 3 | 1 | 0 | 0 |
| 2017 | 0 | 4 | 1 | 0 | 0 |
| 2018 | 0 | 1 | 3 | 0 | 0 |
| 2019 | 3 | 10 | 2 | 0 | 0 |
| 2020 | 2 | 2 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Motivate Ventures AI Fund III, LP | approx. 2026 | Not reported | Raising |
| Motivate Ventures QP Fund III, LP | approx. 2026 | Not reported | Raising |
| Motivate OF I, LP | approx. 2025 | Not reported | Raising |
| Motivate Ventures AI Fund II, LP Motivate invests across the earliest stages, backing pre-seed and seed founders with strong domain knowledge tackling real, durable problems with very high growth potential in large and growing markets. Inferred from the firm's website | 2022 | $19.78M to $50M (Form D) | Late investment period |
| Motivate Ventures QP Fund II, LP Motivate invests across the earliest stages, backing pre-seed and seed founders with strong domain knowledge tackling real, durable problems with very high growth potential in large and growing markets. Inferred from the firm's website | 2022 | $60.95M to $100M (Form D) | Late investment period |
| MOTIVATE VENTURES QP FUND I, LP | 2020 | $26.68M to $42.16M (Form D and SEC adviser filing) | Follow-ons only |
03 · People across funds
- David Wieland, Managing Partner
Motivate Ventures AI Fund III, LP (Named on Form D); Motivate Ventures QP Fund III, LP (Named on Form D); Motivate OF I, LP (Named on Form D); Motivate Ventures AI Fund II, LP (Named on Form D); Motivate Ventures QP Fund II, LP (Named on Form D); MOTIVATE VENTURES QP FUND I, LP (Named on Form D)
- Lauren DeLuca, Managing Partner
Motivate Ventures AI Fund III, LP (Named on Form D); Motivate Ventures QP Fund III, LP (Named on Form D); Motivate OF I, LP (Named on Form D); Motivate Ventures AI Fund II, LP (Named on Form D); Motivate Ventures QP Fund II, LP (Named on Form D); MOTIVATE VENTURES QP FUND I, LP (Named on Form D)
- Bonnie Kearns, Chief Operations Officer
Motivate Ventures AI Fund II, LP (Team); Motivate Ventures QP Fund II, LP (Team); MOTIVATE VENTURES QP FUND I, LP (Team)
- Jackson Bubala, Partner
Motivate Ventures AI Fund II, LP (Team); Motivate Ventures QP Fund II, LP (Team); MOTIVATE VENTURES QP FUND I, LP (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://motivate.vc/
- https://motivate.vc/portfolio/
- https://motivate.vc/about/
- https://motivate.vc/portfolio/fulcrum/
- https://motivate.vc/portfolio/inca-digital/
- https://motivate.vc/portfolio/valiot/
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026