Funding Motive Raised More Than $1.3 Billion and Withdrew Its IPO Filing the Same Day The money comes from General Catalyst's Customer Value Fund rather than a conventional equity round, and the S-1 Motive lodged in December 2025 was formally withdrawn on 10 September. Construction is one of the industries the company names, which makes the structure of this financing worth reading closely. Hugo Pegley · Sep 16, 2026