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.
- Headquarter Montreal, Canada
- Founders Mathieu Baril, Luc Blackburn
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Sectors
Financial ServicesTechnology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.65 M (USD)
in 1 rounds
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Latest Funding Round
$2.65 M (USD), Seed
Sep 12, 2023
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Investors
Speedinvest
& 8 more
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Employee Count
Employee Count
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Products & Services of Octav
Octav offers a comprehensive portfolio of products and services, including Octav Pro, Transactions Report, and Crypto Portfolio Management. 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.
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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.6M
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First Round
First Round
(12 Sep 2023)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - Octav | Valuation | Nascent , Polymorphic Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on internet with decentralized protocols and digital assets
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Founded Year | Domain | Location | |
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Early-stage investments across multiple sectors are conducted by this firm.
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Founded Year | Domain | Location | |
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Early-stage venture capital and startup acceleration are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Octav
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Octav
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Octav Comparisons
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. 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 |
Blockchain-based connectivity for IoT applications is facilitated.
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| domain | founded_year | HQ Location |
Crypto tax management and accounting solutions for individuals and businesses
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| domain | founded_year | HQ Location |
Accounting solutions for crypocurrencies
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| domain | founded_year | HQ Location |
Accounting and payment solutions are provided for crypto businesses.
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| domain | founded_year | HQ Location |
Cryptocurrency treasury management software for businesses
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| domain | founded_year | HQ Location |
Automated crypto bookkeeping and reporting services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Octav
When was Octav founded?
Octav was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Octav located?
Octav is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of Octav?
Mathieu Baril is the current CEO of Octav. They have also founded this company.
Is Octav a funded 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 12, 2023.
What does Octav do?
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.
What products or services does Octav offer?
Octav offers Octav Pro, Transactions Report, and Crypto Portfolio Management.
Who are Octav's investors?
Octav has 9 investors. Key investors include Speedinvest, Nascent, Polymorphic Capital, Parallel Studio, and Spaceshipdao.
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