Octane offers access to instant financing to fuel their customers lifestyle.
Octane simplifies the transaction process for large recreational purchases such as motorcycles, ATVs, and riding lawn mowers with automated underwriting, innovative credit products, and financing, through our in-house lender, Roadrunner Financial. Octane reaches millions of enthusiasts through editorial brands like Cycle World and UTV Driver and helps consumers buy their favorite products by prequalifying them on dealer and OEM websites. Octane is revolutionizing lending in under-served verticals that account for tens of billions of dollars in annual transactions.Octane is a remote-first workplace. It has grown its team by 50% in the last year, from 213 to 336 employees, and continues to actively recruit top talent. To learn more about career opportunities and view openings, please visit the careers page on www.octane.co.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Aug 18, 2022 | Debt Financing | $375M | — | — | — | Detail |
Aug 5, 2021 | Series D | $52M | 9 | Progressive Insurance | — | Detail |
Nov 4, 2019 | Series C | $70.26M | 2 | Valar Ventures | — | Detail |
Mar 22, 2019 | Debt Financing | $50M | — | — | — | Detail |
Oct 18, 2018 | Debt Financing | $20M | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Progressive Insurance | Yes | Series D |
Berenson & Company | Yes | Series A |
IA Ventures | Yes | Series A |
Alive Capital Partners | — | Series D |
Citi Ventures | — | Series D |
Contour Venture Partners | — | Series D |
Gaingels | — | Series D |
Parkwood | — | Series D |
Third Prime | — | Series D |
Upper90 | — | Series D |