Motion, the Y Combinator–backed startup developing an integrated suite of AI agents, has raised a fresh $38 million in Series C funding to accelerate its growth.
The round was led by Scale Venture Partners’ Stacey Bishop, with continued participation from investors including HOF Capital, 468 Capital, SignalFire, Valor Equity Partners, Fellows Fund, Leonis Capital, Apollo Projects (the Altman brothers’ fund), and Y Combinator, which has invested in every round.
Motion has now raised $75 million to date and recently hit a post-money valuation of $550 million following a preemptive C2 round.
The company was founded in 2019 by Harry Qi, Omid Rooholfada, and Ethan Yu, all of whom left hedge fund careers after being accepted into YC’s Winter 2020 batch. Early team member Chander Ramesh later joined as a co-founder.
Motion initially launched as an AI-powered calendar and task manager, but has since expanded into a platform designed for small and midsized businesses (SMBs).
Earlier this year, the company released a bundled suite of AI agents, which rapidly gained traction. In just four months, Motion added more than 10,000 B2B customers and crossed $10 million in annual recurring revenue.
Motion’s strategy centers on SMBs that lack the budgets of large enterprises to develop custom AI solutions. Instead, the company offers ready-to-use, integrated agents that can work across common business workflows.
The current suite includes:
- An executive assistant for scheduling, note-taking, and email replies
- A sales representative
- A customer support agent
- A marketing assistant for blogs and social media posts
These agents are built to integrate with widely used platforms such as Slack, Google Workspace, Microsoft Teams, and Salesforce. Pricing starts at \$29 per month for a single seat and scales up to $600 for 25 seats, with custom options available for larger deployments.
Building the “Office” of AI
Qi compares Motion’s vision to Microsoft Office, where a collection of applications is bundled into a cohesive ecosystem. Rather than piecing together standalone AI tools, he argues, businesses benefit from agents that are designed to operate in unison.
“There’s an opportunity here to build the next Microsoft,” Qi said.
While the challenges of running an AI startup remain, Qi says customer feedback has validated the decision to pursue the venture. Many users, he noted, directly share how Motion improves their productivity and bottom line.
“Was this the right path?” he reflected. “What gets you out of bed is just knowing you actually built something useful.”
