Startups
Octane offers instant financing to fuel your lifestyle. Octane dramatically simplifies and accelerates 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 Cycle Volta 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
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
Overview
Location
United States
Employees
201-500
Total raised
$542M
Valuation
$900M
Founded date
2014
Founders name
Daniel Petkevich
Founders Related Locations
United States; United States, California, San Francisco; United States, Texas, Austin
Investors 3
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Chaos Ventures | chaosvc.com | |
| Contour Venture Partners | contourventures.com |
Funding Rounds 4
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Aug 6, 2024 | Series E round | $50M | |
| Nov 10, 2021 | Funding round | $340M | |
| Aug 5, 2021 | Series D round | $52M |
Mentions in press and media 34
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 20, 2026 | General Compute Secures $400M, Revolutionizing AI Inference Cloud | General Compute, an AI inference neocloud, secured up to $400 million in debt financing from Upper90. This capital empowers significant expansion of its specialized cloud infrastructure. General Compute focuses exclusively on high-performan... |
| Jul 18, 2026 | General Compute Secures Up To $400 Million Debt Facility To Scale AI Inference Neocloud | General Compute has secured a committed debt facility of up to $400 million from Upper90 Capital Management to expand its cloud infrastructure for artificial intelligence inference workloads. The financing begins with an initial commitment ... |
| Jul 10, 2026 | Octane Completes $300 Million Securitization | |
| Jun 17, 2026 | Octane Completes $340 Million Whole Loan Sale With Bayview, Bringing Total Commitments To $3.7 Billion | Octane announced that it has completed the sale of a $340 million portfolio of fixed-rate installment loans for powersports and outdoor power equipment to affiliates of Bayview Asset Management. The loans were originated by Octane’s in-hous... |
| Dec 18, 2025 | Octane Secures $100M Series F for Recreational Finance Dominance | Octane, a leading fintech firm, has closed a $100 million Series F funding round. Valar Ventures spearheaded this significant investment. The capital targets aggressive market expansion and product innovation. Octane revolutionizes buying e... |
| Dec 18, 2025 | Top Startup and Tech Funding News – December 18, 2025 | It’s Thursday, December 18, 2025, and we’re back with today’s top startup and tech funding news spanning AI software development, biotech, industrial engineering, and embedded cybersecurity. From early-stage compliance automation to mega-ro... |
| Dec 17, 2025 | Octane Raises $100M to Scale Digital Financing Platform Across $150B Recreational Markets | Large-ticket recreational purchases have long been hampered by fragmented financing processes that leave both dealers and consumers frustrated with slow decisions and limited credit options. While Americans spend $150B annually across power... |
| Dec 16, 2025 | Octane Closes $100M Series F | Octane has closed its Series F funding round of $100 million in equity capital. The raise includes new equity capital to be used for growth initiatives, and amounts to be used for secondary share transfers. Valar Ventures led the round with... |
| Dec 15, 2025 | Octane Raises $100M in Series F Funding | Octane, a NYC-based fintech company that aims to improve the buying experience across recreational activities, raised $100M in Series F funding. The round was led by Valar Ventures with participation from Upper90, Huntington Bank, Camping W... |
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FAQ about Octane
When was Octane founded?
Octane was founded in 2014.
How much funding has Octane raised?
Octane has raised $542M in total across 4 funding rounds.
What funding rounds has Octane raised?
Parsers VC lists 4 funding rounds of Octane, among them a Series E round of $50M on Aug 6, 2024, a funding round of $340M on Nov 10, 2021 and a Series D round of $52M on Aug 5, 2021.
Who has invested in Octane?
Parsers VC lists 3 investors of Octane, among them Chaos Ventures and Contour Venture Partners.
What has the press written about Octane?
Parsers VC has collected 34 articles mentioning Octane, among them “General Compute Secures $400M, Revolutionizing AI Inference Cloud” (Jul 20, 2026) and “General Compute Secures Up To $400 Million Debt Facility To Scale AI Inference Neocloud” (Jul 18, 2026).
Is Octane still active?
Yes, Octane is active; its latest activity on Parsers VC dates from Oct 23, 2026.