Motivate Capital Management, LLC
Chicago, IL Exempt reporting adviser
Motivate Capital Management, LLC reports 12 venture funds on Form ADV among 12 private funds, with $248M in gross private fund assets.
The numbers
| Began raising | Raised |
|---|---|
| 2019 | $17M |
| 2020 | $27M |
| 2022 | $20M |
| 2022 | $61M |
Updates from Motivate Capital Management, LLC
All of Motivate Capital Management, LLC’s updates on Hottub VC
Funds on Form D
Venture funds whose Form D filings carry this adviser’s name, matched by name. Amounts are what each fund last reported to the SEC.
| Fund | Began raising | Target | Raised | Investors | Latest filing |
|---|---|---|---|---|---|
| Motivate Ventures AI Fund III, LP | 2026 | Not stated | — | — | February 2, 2026 |
| Motivate Ventures QP Fund III, LP | 2026 | Not stated | — | — | February 2, 2026 |
| Motivate Ventures AI Fund II, LP | 2022 | $50M | $20M | 36 | November 20, 2023 |
| Motivate Ventures QP Fund II, LP | 2022 | $100M | $61M | 121 | November 20, 2023 |
| Motivate Ventures QP Fund I, LP | 2020 | Not stated | $27M | 72 | December 2, 2020 |
| Motivate Ventures Fund I, LP | 2019 | $25M | $17M | 80 | December 2, 2019 |
LPs on the record
No foundation or public plan in the reports we read names this adviser’s funds yet. Find LPs that back firms like it: name a few peers and Hottub ranks the LPs that hold their funds.
Registration
- Legal name
- Motivate Capital Management, LLC
- Status
- Exempt reporting adviser since March 26, 2024
- CRD number
- 314339
Full Form ADV on the SEC’s Investment Adviser Public Disclosure site
About this data
Registered and exempt reporting advisers that report managing at least one venture capital fund on Form ADV, with the number of private funds and their gross assets as each adviser reports them. Advisers whose business name reads as an individual's are left out. From the roster published for September 2026. Source. Benchmarks for funds like these are in Raise benchmarks.