Motivity Labs
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Motivity Labs - overview
Location
Irving, TX, US
Primary Industry
Software
About
Motivity Labs is an IT services firm that specializes in Cloud, Mobile, Big Data, and digital innovation solutions to support enterprises in their digital transformation efforts. Motivity Labs provides IT services aimed at facilitating digital transformation for enterprises. The company is headquartered in Irving, US. It was founded by Joseph Thumma, who has a history of entrepreneurial ventures.
In 2016, Motivity Labs raised Series A funding from Dallas Venture Capital. Motivity Labs specializes in a variety of IT services, including Cloud, Mobile, Big Data, and digital innovation solutions. Their Cloud Services offer scalable infrastructure enabling IT consolidation, while their DevOps and Quality Assurance services enhance operational efficiency and speed up software delivery. The Data Analytics services help clients derive actionable insights from their data, assisting in their decision-making processes.
The company serves a diverse clientele, including Fortune 500 companies across sectors such as Banking, Financial Services, and Insurance (BFSI), telecommunications, healthcare, and automotive in markets spanning North America, Europe, and Asia. Motivity Labs generates revenue primarily through contracts involving IT services with B2B partnerships. Engagements typically involve structured agreements that can include subscriptions for ongoing services, one-time project fees, or a combination of both. Examples include multi-year contracts for Cloud Services and Data Analytics, which may also include periodic payments for Quality Assurance and DevOps support.
This structured approach reflects a focus on delivering value tailored to client needs during their digital transformation. Motivity Labs plans to enhance its offerings with new products aimed at improving digital transformation capabilities in the coming year. The company is targeting expansion into new markets including Europe and Asia, with a projected timeline for this by 2025. The recent Series A funding from June 2016 will be utilized to support these initiatives, enabling the development of new services and fostering growth in international markets.
Current Investors
Dallas Venture Capital
Primary Industry
Software
Sub Industries
Web Development, Software
Website
www.motivitylabs.com
Company Stage
Series A
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.