FundedIQ
Financial Services

Octane: Funding, Investors & Team (Sep 2026)

Octane is a digital wallet designed for vehicles to simplify the process of making payments for all expenses related to the vehicle.

www.octane-tech.io LinkedIn Cairo, Egypt 101-250 employees
Total raised
$5.2M
Rounds
1
Latest
Undisclosed round
Jun 2025

Octane has raised $5.2M across 1 funding round on record, the most recent an undisclosed round of $5.2M announced in Jun 2025.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Octane Company Profile and Key Stats

Total funding raised
$5.2M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$5.2M in Jun 2025
Employees
101-250
reported band
Headquarters
Cairo, Egypt

Latest funding round on record: Jun 2025.

Octane Funding Rounds

Date
Round
Amount
Undisclosed round
$5.2M

Octane Founders and Leadership Team

Name
Role
Contact
Sohaib Nawaz
Founder

No contact details are on record for this team yet.

Octane Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
171
$5.5M

Octane's latest round of $5.2M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Octane in Financial Services and Cairo

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Octane Funding FAQs

What does Octane do?

Octane is a digital wallet designed for vehicles to simplify the process of making payments for all expenses related to the vehicle.

How much funding has Octane raised?

Octane has raised $5.2M across 1 round on record. The most recent is an undisclosed round of $5.2M announced in Jun 2025.

When did Octane last raise funding?

Octane's most recent funding round on record is an undisclosed round of $5.2M, announced in Jun 2025.

Who founded Octane?

FundedIQ lists Sohaib Nawaz (Founder) at Octane.

Where is Octane headquartered?

Octane is based in Cairo, Al Qahirah, Egypt.

How many employees does Octane have?

Octane is in the 101-250 employee band.

How does Octane's funding compare to other Financial Services startups?

Octane's latest round of $5.2M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 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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