Motion, the Y Combinator-backed startup, just secured $38 million in Series C funding to revolutionize how small and mid-sized businesses leverage artificial intelligence. This significant investment propels the company toward its ambitious goal of building the Microsoft Office equivalent for AI agents.
From Hedge Funds to AI Innovation
Founder Harry Qi made an extraordinary career shift from quantitative finance to AI entrepreneurship. At just 23, he earned approximately $1 million annually as a quant analyst. However, he sought greater impact beyond financial success. Consequently, he partnered with high school friend Omid Rooholfada and college acquaintance Ethan Yu to launch Motion in 2019.
Explosive Growth and Market Validation
Motion’s integrated AI agent bundle launched in May demonstrated remarkable market traction. The platform gained over 10,000 B2B customers within just four months. Additionally, it achieved $10 million in annual recurring revenue during that period. This growth prompted a $38 million Series C round led by Scale Venture Partners.
Comprehensive AI Agents Platform
Motion offers an integrated suite of specialized AI agents designed for SMB operations. Key features include:
- Executive Assistant – Handles scheduling, note-taking, and email management
- Sales Representative – Automates customer outreach and follow-ups
- Customer Support Agent – Provides 24/7 customer service solutions
- Marketing Assistant – Creates blog content and social media posts
Strategic Pricing and Integration
The platform employs usage-based pricing starting at $29 monthly for basic access. Enterprise plans reach $600 monthly for full agent access. All AI agents integrate seamlessly with popular business tools including Slack, Google Apps, Teams, and Salesforce. This interoperability eliminates the need for multiple standalone AI solutions.
Visionary Leadership and Investor Confidence
Motion has raised $75 million total from prominent investors including HOF Capital, 468 Capital, and SignalFire. Y Combinator participated in every funding round. The company currently holds a $550 million post-money valuation. Founder Harry Qi emphasizes building an enduring company rather than pursuing maximum personal profit.
Market Position and Future Outlook
Motion specifically targets small and mid-sized businesses lacking resources for custom AI development. The platform’s integrated approach distinguishes it from point solution competitors. Qi envisions creating “the next Microsoft” through comprehensive AI application development. The company continues expanding its agent capabilities while maintaining strong customer relationships.
FAQs
What types of AI agents does Motion offer?
Motion provides four primary AI agents: executive assistant, sales representative, customer support agent, and marketing assistant. Each agent handles specific business functions while integrating with others.
How much does Motion cost?
Pricing starts at $29 monthly for individual users with limited credits. Team plans begin at $600 monthly for 25 seats with full agent access and 250,000 credits.
Which integrations does Motion support?
The platform integrates with hundreds of business tools including Slack, Google Apps, Microsoft Teams, Salesforce, and other popular SMB applications.
What businesses benefit most from Motion?
Small and mid-sized businesses without large AI development budgets gain the most value. The platform offers enterprise-grade AI capabilities at accessible price points.
How does Motion’s approach differ from competitors?
Unlike point solutions, Motion provides integrated AI agents that work together seamlessly. This eliminates compatibility issues between separate AI tools.
What funding has Motion received?
The company has raised $75 million across multiple rounds. Recent Series C funding totaled $38 million at a $550 million valuation.
