Octane

New York, United States Founded: 2014 • Age: 12 yrs
Instant financing solutions are offered for vehicle purchases by Octane.
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About Octane

Octane is a company based in New York (United States) founded in 2014 by Andre Gregori. It operates as a Commission-Based, and Brokerage / Intermediation. Octane has raised $277.2 million across 16 funding rounds from investors including Valar Ventures, Upper90 and Progressive Investment Company. The company has 178 employees as of December 31, 2020. Octane has completed 1 acquisition, including Bonnier Corp. Octane offers products and services including Instant Financing. Octane operates in a competitive market with competitors including Lendbuzz, AutoPay, WithClutch, Credit Acceptance and First Help Financial, among others.

  • Headquarter New York, United States
  • Employees 178 as on 31 Dec, 2020
  • Founders Andre Gregori
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Octane Lending
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $277.2 M (USD)

    in 16 rounds

  • Latest Funding Round
    $57.18 M (USD), Series E

    Nov 03, 2025

  • Investors
  • Employee Count
    178

    as on Dec 31, 2020

  • Investments & Acquisitions
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Products & Services of Octane

Octane offers a comprehensive portfolio of products and services, including Instant Financing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Instant financing offers are provided for vehicle purchases.

People of Octane
Headcount 500-1000
Employee Profiles 46
Employee Profiles
People
Jason Guss
Chief Executive Officer
People
Steven Fernald
President & Chief Financial Officer
People
Mark Davidson
Co-founder & Chief Revenue Officer
People
Mark Molnar
Chief Risk Officer

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Funding Insights of Octane

Octane has successfully raised a total of $277.2M across 16 strategic funding rounds. The most recent funding activity was a Series E round of $57.18 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 16
  • Last Round Series E — $57.2M
  • First Round
  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2025 Amount Series E - Octane Valuation

investors

Aug, 2025 Amount Series E - Octane Valuation

investors

Aug, 2024 Amount Series E - Octane Valuation Valar Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Octane

Octane has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Valar Ventures, Upper90 and Progressive Investment Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Global investments in tech sectors are conducted by Valar Ventures.
Founded Year Domain Location
Seed and early-stage tech startups are invested in by Upper90.
Founded Year Domain Location
Investments are made in US seed and early-stage tech companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Octane

Octane has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bonnier Corp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
US-based special interest magazine publishing group
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Octane

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Octane Comparisons

Employees
+
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Competitors of Octane

Octane operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lendbuzz, AutoPay, WithClutch, Credit Acceptance and First Help Financial, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online car loans are provided via a digital application platform.
domain founded_year HQ Location
Online lending marketplace for auto loans
domain founded_year HQ Location
Car loans are refinanced via an online lending marketplace.
domain founded_year HQ Location
Auto finance is extended to consumers via nationwide dealer networks.
domain founded_year HQ Location
Online auto finance aggregation platform
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Octane

Frequently Asked Questions about Octane

When was Octane founded?

Octane was founded in 2014.

Where is Octane located?

Octane is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Octane a funded company?

Octane is a funded company, having raised a total of $277.2M across 16 funding rounds to date. The company's 1st funding round was a Series E of $50M, raised on Apr 03, 2014.

How many employees does Octane have?

As of Dec 31, 2020, the latest employee count at Octane is 178.

What does Octane do?

Instant financing solutions are provided by Octane for a variety of vehicles including motorcycles, ATVs, and mowers. Services are extended through partnerships with dealers in the Roadrunner Financial network. Financing options are tailored for diverse customer profiles, including prime, credit builder, and first-time buyer programs. A seamless buying experience is facilitated through integrated online and in-store solutions. Lightning-fast credit decisions are ensured to enhance customer confidence during shopping. The focus is placed on the powersports and vehicle financing sector.

Who are the top competitors of Octane?

Octane's top competitors include AutoPay, Lendbuzz and Credit Acceptance.

What products or services does Octane offer?

Octane offers Instant Financing.

How many acquisitions has Octane made?

Octane has made 1 acquisition, including Bonnier Corp.

Who are Octane's investors?

Octane has 10 investors. Key investors include Valar Ventures, Upper90, Progressive Investment Company, Contour Venture Partners, and Citi Ventures.

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