Motus, LLC

Last updated
Motus, LLC
Company typePrivate Company
Founded2004
Headquarters Boston, Massachusetts, United States
Owner Thoma Bravo
Number of employees
450
Website www.motus.com

Motus is a workforce management company headquartered in Boston, Massachusetts, [1] [2] that offers vehicle reimbursement, fleet management and business intelligence solutions. This includes mileage reimbursement, BYO programs, Managed Mobility Services and living cost intelligence. [3]

Contents

Motus supplies the Internal Revenue Service (IRS) with data on business vehicle use to inform the business mileage reimbursement rate. [4]

History

Motus was founded in 2004 as Corporate Reimbursement Services, Inc. (CRS) by Gregg Darish, and changed its name to Motus in 2014. [5] In 2009, Gregg Darish hired Fil Firmani as CTO to lead the technology and product strategy and evolution of the company. Fil was able to create a cloud-based scalable, mobile, API, and AI driven platform. Fil, along with Gregg, created the baseline for a sustainable, self-funded growth company with high margins and a high growth rate.[ edition needed ] Craig Powell (businessman and entrepreneur) later joined the company in 2014 and led the Company for 9 years through continued accelerated growth. He retired from his role as the President and CEO in January of 2022, after scaling the business from roughly $10 million in revenues to $150M and selling the business. He currently serves as an advisor to the Board of Directors. [6]

In August 2014, Motus released an integration with American cloud computing company Salesforce.com to instantly associate business stops with accounts, contacts and leads in the Salesforce customer relationship management (CRM) product. [7]

In 2015, Motus announced an integration with American travel management company Concur Technologies to allow employees to submit mileage to Motus, calculate individual reimbursement amounts, and automatically create expense reports in Concur Expense for manager approval. [8]

In September 2015, Motus released an integration with Oracle Corporation to instantly associate Motus administrative activities with Oracle customer relationship management (CRM) software. [9]

In 2018, Motus was acquired by private equity and growth capital firm Thoma Bravo, LLC and merged with Runzheimer, creating the leading provider of mileage reimbursement technologies serving the nation's most complex transportation companies. [10] [11] It also partnered with FleetCor Technologies, Inc., which provides fuel cards and workforce payment products and services. [12]

In September 2019, Motus acquired the Danvers, Massachusetts, based mobile expense management firm Wireless Analytics. [13] [14]

In September 2020, Motus acquired the Augusta, Georgia, firm, Vision Wireless, further strengthening their mobile expense management services. [15]

Recognition

Motus was named Best Employee Efficiency Technology by MITX [16] in 2017. It also won a 2018 HRO Today TekTonic Award in the Mobile category. [17] The company has been named among the best places to work in Boston [18] [19] [20] [21] and Milwaukee, [22] company of the year, [23] [24] [25] [26] and one of the largest mobile technology companies in Massachusetts. [27]

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References

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  2. "Working at Motus". Glassdoor. Retrieved 2017-01-29.
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  4. CEBS, Stephen Miller (2020-01-07). "IRS Lowers Standard Mileage Rate for 2020". SHRM. Retrieved 2023-03-31.
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  25. "50 Global Leaders Win 2018 BIG Awards for Business". Business Intelligence Group. Retrieved 2019-07-24.
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See also