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Motional

Driverless technology built for safe, reliable robotaxi deployment
Motional is a driverless technology company developing autonomous vehicles for ride-hailing and delivery, originally a joint venture between Hyundai Motor Group and Aptiv. After Aptiv divested in 2024, Hyundai recapitalized the business and Motional now operates as a Hyundai-controlled subsidiary headquartered in Boston.
Autonomous 📍 Boston, MA Founded 2020
Current Valuation
$28B
as of 2025-Q3
DECACORN

QL Price

$28B
0% vs last round
QuantLogix's current estimate for Motional, published 2026-09-18 — in line with the last disclosed round of $28B (2025-Q3).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $28B 2025-Q3 weight 0.51
Secondary market print $28B 2026-06-27 weight 0.61
How this price has held up
No round has priced for Motional since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-18 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Motional →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Motional, 2026-09-18 (310045d88d23c4d9). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Motional going public?
No. Motional has no imminent IPO plans on record. It is still private.
What is Motional's valuation in 2026?
Motional is valued at $28B as of 2025-Q3, set by its Strategic investment ($475M, Aug 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Motional filed an S-1?
No public S-1 is on file for Motional.
Who are Motional's investors?
Motional's investors include Hyundai Motor Group, Aptiv (historical).
Can you buy Motional stock?
No. Motional is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Motional on its Pre-IPO Access Desk.
How to actually get exposure to Motional →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Karl Iagnemma
Founded
2020
HQ
Boston, MA
Employees
~1300
Total Raised
$4.0B
Growth
Reduced scope after 2024 Aptiv exit; Hyundai-funded R&D
Last Round
Strategic investment — $475M (Aug 2025) · Lead: Hyundai Motor Group
IPO Status
no imminent plans

Fundraising Status

Strategic investment · $475M · 1y 1mo ago
no imminent plansTotal raised $4.0B

Secondary Market

Implied price / share
$7.98
Secondary price return by period
Secondary market period returns3-month0.0%6-month+2.7%1-year+26.3%All-time-33.5%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Strategic investment$475MAug 2025Hyundai Motor Group—

Talent Signal

Hiring trend
▼ Hiring downtrend
-15% vs 2026-08
Open roles
70
via greenhouse
Product-build share
80%
engineering, research, product, design
Trajectory
tightening
heavy product build — 80% of open roles are product-building functions (engineering/research/product) — 40 of 70 open roles are engineering.
Open roles trending down; no tracked executive churn.
Open roles by month
Open roles by month82Aug '2670Sep '26
Open roles by function
Open roles by functionEngineering40Other10Hardware7Data & ML3Product3Finance & Strategy2Design2Support1Research1
■ product-building   ■ go-to-market / G&A
Associate AV Test EngineerAV Test EngineerEngineer/Senior Engineer - Perception CapabilitiesEngineer, Systems Readiness & Performance FeatureFellow - Autonomy (Distinguished Engineer)Machine Learning Internship, Behaviors Research
Counted from Motional's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Karl Iagnemma

Investors

Hyundai Motor Group · Aptiv (historical)

Products

  • IONIQ 5 robotaxi
  • Driverless L4 stack

Competitors

Waymo · Cruise · Zoox · Pony.ai
AutonomousRobotaxiHyundai
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.