About Octav
Octav is a company based in Montreal (Canada) founded in 2021 by Mathieu Baril and Luc Blackburn. Octav has raised $2.65 million across 1 funding round from investors including Speedinvest, Nascent and Polymorphic Capital. Octav offers products and services including Octav Pro, Transactions Report, and Crypto Portfolio Management. Octav operates in a competitive market with competitors including IoTeX, TaxBit, Bitwave, Gilded and Multis, among others.
- Total Equity Funding$2.65M (USD)
in 1 rounds
- Latest Funding Round$2.65M (USD), Seed
Sep 2023
- InvestorsSpeedinvest
& 8 more
Products & Services of Octav
Octav offers a comprehensive portfolio of products and services, including Octav Pro, Transactions Report, and Crypto Portfolio Management.
Platform for Web3 financial analytics and treasury reporting services
Tool for detailed breakdowns of crypto transactions and management
System to track DeFi deposits and yields for portfolio oversight
Funding Insights of Octav
Octav has successfully raised a total of $2.65M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.65 million completed in September 2023. 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 $2.65M
- Total Rounds 1
- Last Round Seed — $2.65M
- First Round $2.65M
(Sep 2023)
- Investors Count 9
All 1 funding rounds of Octav with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $2.65M | Seed | – | Nascent, Polymorphic Capital |
9 investors in total: 7 institutional and 2 angel.
Investors in Octav
Octav has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Speedinvest, Nascent and Polymorphic Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on internet with decentralized protocols and digital assets | – | polymorphic.capital | Clayton, United States | |
Early-stage investments across multiple sectors are conducted by this firm. | – | possible.ventures | Munich, Germany | |
Early-stage venture capital and startup acceleration are provided. | 2011 | speedinvest.com | Vienna, Austria | |
- | – | acet.ca | - | |
Nascent is engaged in building and investing in open financial markets. | – | nascent.xyz | - | |
- | – | spaceshipdao.xyz | - | |
MZ Mark Zeller | - | – | unknown_04375249d25742119 | - |
PD Paul Desmarais | Canadian billionaire investor, linked to Indian startups via family office investments. | – | unknown_140d5f5c64a848158 | - |
- | – | parallelstudio.rs | - |
Investor details for Octav
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Octav
2 people are tracked at Octav (2 in leadership).
| Name | Role | Group |
|---|---|---|
Mathieu Baril | Co-Founder & CEO | Leadership |
Luc Blackburn | Co-Founder | Leadership |
Complete people profiles for Octav
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Octav
2 dated milestones of Octav across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Octav is founded.
- Funding First funding round of $2.6M.
Competitors of Octav
Octav 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 IoTeX, TaxBit, Bitwave, Gilded and Multis, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iotex.io | 2017 | Menlo Park, United States | $50M | – | Blockchain-based connectivity for IoT applications is facilitated. | |
| taxbit.com | 2018 | Salt Lake, United States | $235.75M | 118 | Crypto tax management and accounting solutions for individuals and businesses | |
| bitwave.io | 2019 | San Francisco, United States | $22.25M | 5 | Accounting solutions for crypocurrencies | |
| gilded.finance | 2018 | New Orleans, United States | – | – | Accounting and payment solutions are provided for crypto businesses. | |
| multis.com | 2019 | San Francisco, United States | $9.2M | – | Cryptocurrency treasury management software for businesses | |
| consola.finance | 2022 | Vienna, Austria | $1.1M | – | Automated crypto bookkeeping and reporting services are provided. | |
| ledgible.io | 2014 | Atlanta, United States | $20M | 10 | Tax and accounting solutions for cryptocurrencies are offered. | |
| integral.xyz | 2016 | Toronto, Canada | $17M | – | Software tools for financial management are offered to crypto businesses. | |
| aerial-p.com | 2016 | Minato, Japan | $1.62M | – | Cryptocurrency accounting software and taxation solutions are offered. |
Detailed competitors of Octav
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Octav
The website of Octav (octav.fi) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 62.4% vs previous month
Latest news on Octav
Complete news archive for Octav
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Octav
10 companies that operate in the same segment as Octav (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | – | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | – | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 3,770 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico | USD 331.35 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Frequently Asked Questions about Octav
Octav was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Octav is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Mathieu Baril is the current CEO of Octav. They have also founded this company.
Octav is a funded company, having raised a total of $2.65M across 1 funding round to date. The company's 1st funding round was a Seed of $2.65M, raised on Sep 2023.
Founded in 2021 and based in Montreal, Canada, Octav operates as a data analytics platform focused on decentralized finance (DeFi). A user-curated database is maintained to provide access to DeFi insights for traders, tax professionals, and liquid asset management firms. Services include pre-tax calculations such as cost basis and profitloss tracking, supporting investment activities in the FinTech sector.
Octav offers Octav Pro, Transactions Report, and Crypto Portfolio Management.
Octav has 9 investors. Key investors include Speedinvest, Nascent, Polymorphic Capital, Parallel Studio, and Spaceshipdao.