About This Fund
Motivate Ventures Fund II is the second venture capital fund raised by Motivate Venture Capital, a North American seed and pre-seed investment firm. Announced in November 2023 and totaling $81 million in commitments, Fund II is anchored by two global financial services institutions alongside a returning base of limited partners who have supported the firm since its founding. The fund represents a meaningful step up in scale from Motivate's debut vehicle, reflecting the firm's track record and growing network within early-stage technology ecosystems across the United States and Canada.
Fund II targets pre-seed and seed stage technology companies across North America, deploying check sizes from $250,000 to $3 million per investment. The fund maintains a broad mandate within early-stage B2B technology, with particular depth in enterprise software, financial technology, artificial intelligence and machine learning, manufacturing optimization, and supply chain infrastructure. Portfolio construction emphasizes backing diverse and underrepresented founders building high-growth companies, and the firm actively provides portfolio companies with community support, operational guidance, and access to its institutional LP network.
As of mid-2024, Motivate Ventures Fund II had deployed capital into at least 23 companies, including Lazarus AI (document intelligence), Reloshare (social services software), Valiot (manufacturing optimization), Moove.ai (transportation), Fin3 (financial technology), Jawnt (transit platforms), Finofo (forex solutions), MarkIII (banking infrastructure), and Inca Digital (financial compliance). The managing partners—including David Wieland and Lauren Pearce—lead the firm from its North American headquarters, leveraging deep relationships across the technology and financial services sectors to source and support competitive early-stage investments.