Motion Raises $38M to Build Integrated AI Agent Suite for SMBs
Motion Secures $38M to Expand AI Agent Platform for Small Businesses
Motion, a Y Combinator-backed startup, has raised $38 million in fresh funding to fuel its vision of creating a unified suite of AI agents tailored for small and medium-sized businesses. The company aims to make advanced AI productivity tools accessible to companies without massive tech budgets, positioning itself as the "Microsoft Office of AI agents."
From Quantitative Finance to AI Innovation
Co-founded by Harry Qi, Omid Rooholfada, Ethan Yu, and Chander Ramesh, Motion was born from the founders' desire to make a meaningful impact beyond lucrative finance careers. After developing an AI-powered calendaring and task management app, they joined Y Combinator in 2020 and committed to building a business focused on real-world productivity improvements.
Rapid Growth and Strong Investor Backing
Motion's growth has been remarkable. In May, the startup launched an integrated bundle of AI agents targeting SMBs. Within just four months, the product attracted over 10,000 B2B customers and achieved $10 million in annual recurring revenue (ARR). This traction led to a $38 million Series C round, five times oversubscribed and led by Scale Venture Partners, pushing Motion's post-money valuation to $550 million.
To date, Motion has raised $75 million from investors including HOF Capital, 468 Capital, SignalFire, Valor Equity Partners, Fellows Fund, Leonis Capital, Apollo Projects, and Y Combinator, which has participated in every funding round.
What Sets Motion Apart?
- All-in-one agent suite: Motion offers integrated AI agents for scheduling, note-taking, email replies, sales, customer support, and marketing content creation—all designed to work seamlessly together.
- SMB focus: The platform is tailored for businesses that lack the resources to build or maintain their own AI solutions.
- Wide integrations: Motion connects with popular business tools such as Slack, Google Apps, Microsoft Teams, Salesforce, and more.
- Flexible pricing: Packages start at $29/month (1 seat, 1,000 credits) and scale up to $600/month (25 seats, all agents, 250,000 credits), with custom plans available for larger needs.
Building the Future of AI Productivity
Qi sees Motion as an opportunity to create the agentic equivalent of Microsoft Office, where all essential business functions are powered by interoperable AI agents, rather than fragmented point solutions.
Despite the challenges of navigating the rapidly evolving AI landscape, Qi remains motivated by customer feedback and the tangible impact Motion has on productivity and business growth.
Conclusion
With significant funding and a rapidly expanding customer base, Motion is well-positioned to transform how small businesses leverage AI for everyday operations. Its integrated approach may set a new standard for AI-driven productivity tools in the SMB market.
