Octane: Funding, Investors & Team (Sep 2026)
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.
Octane has raised $427M across 2 funding rounds on record, the most recent a Debt Financing of $375M announced in Aug 2022.
That round is above the $2.3M median round size for Community and Lifestyle companies tracked on FundedIQ over the last two years.
Octane Company Profile and Key Stats
Latest funding round on record: Aug 2022.
Octane Funding Rounds
Octane raised $52.0M in a Series D announced in Aug 2021.
1 years later, a Debt Financing of $375M was announced in Aug 2022.
Octane Founders and Leadership Team
No contact details are on record for this team yet.
Octane Funding Compared to Other Community and Lifestyle Startups
Octane's latest round of $375M is above the median round in Community and Lifestyle. Medians cover the last 24 months of disclosed rounds.
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Octane Funding FAQs
What does Octane do?
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.
How much funding has Octane raised?
Octane has raised $427M across 2 rounds on record. The most recent is a Debt Financing of $375M announced in Aug 2022.
When did Octane last raise funding?
Octane's most recent funding round on record is a Debt Financing of $375M, announced in Aug 2022.
Who founded Octane?
FundedIQ lists Mark Garro (Founder) at Octane.
Who is the CEO of Octane?
Jason Guss is listed as CEO at Octane.
Where is Octane headquartered?
Octane is based in New York, United States.
How many employees does Octane have?
Octane is in the 501-1000 employee band.
How does Octane's funding compare to other Community and Lifestyle startups?
Octane's latest round of $375M is above the $2.3M median round size for Community and Lifestyle companies on FundedIQ across 1,484 tracked companies over the last two years.
About FundedIQ's Octane Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Octane is left off this page rather than filled in.
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