Managers/Private equity/Illinois/Motivate Capital Management

Motivate Capital Management

Motivate Capital Management is a private equity and venture manager in Chicago, IL. It files with the SEC as an exempt reporting adviser. It has 6 funds on file, the latest reported in February 2026.

Funds on file
6
Raised, all funds
$107.4M
Private fund assets
$183.4M
Adviser type
Exempt
Pension investors
None found
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
Feb 2026 Motivate Ventures AI Fund III, LP Venture $0 Not given
Feb 2026 Motivate Ventures QP Fund III, LP Venture $0 Not given
Aug 2025 Motivate OF I, LP Venture $0 Not given
Nov 2023 Motivate Ventures AI Fund II, LP Venture $19.8M $50M
Nov 2023 Motivate Ventures QP Fund II, LP Venture $61M $100M
Dec 2020 MOTIVATE VENTURES QP FUND I, LP Venture $26.7M Not given

Adviser record

RegistrationAn exempt reporting adviser, which files a shorter form than a registered one.
Assets, staff and feesNot filed by exempt advisers.
Control personsLauren, Philip Deluca, David Wieland.
Private funds14 private funds holding $183.4M in gross assets.

Private funds it reports

FundTypeGross assets
Motivate Ventures QP Fund II Venture $55.6M
Motivate Ventures QP Fund I Venture $40.2M
Motivate Ventures Fund I Venture $24M
MCM Tiderock Series Private equity $20.1M
Smotivate Ventures AI Fund II Venture $18.5M
MCM Tide Rock TR3 Private equity $6.8M
MCM Tiderock TR2 Private equity $5.4M
MCM Stacked Series A Venture $3.5M
MCM Sweater Seed SPV Venture $3.2M
MCM Frontdesk Series Venture $1.5M
MCM Stacked Series SPV Venture $1.5M
MCM Klover Series Venture $1.4M
MCM Banyan Venture $1.3M
MCM Medicus Data Series Venture $150K