Tech Company Financing Transactions

Octane Funding Round

Basis Set Ventures, Abstraction Capital and private investors participated in a $2 million venture round for Octane. The funding round was recorded on 9/1/2021.

Transaction Overview

Company Name
Announced On
9/1/2021
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors

Basis Set Ventures (Lead Investor) (Chang Xu)

Abstraction Capital

private investors (Arash Ferdowsi)

private investors (Assunta Gaglione)

private investors (Chetan Chaudhary)

private investors (Esteban Reyes)

private investors (Evan Cummack)

private investors (Jason Warner)

Script Capital

Proceeds Purpose
The new funding will go primarily toward hiring engineers, as well as product, marketing and sales staff.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
185 Wythe Ave.
Brooklyn, NY 11249
USA
Phone
Undisclosed
Email Address
Overview
Octane enables software companies to offer usage-based billing. Octane helps companies meter customer usage, price according to flexible plans, and bill customers through payment gateways.
Profile
Octane LinkedIn Company Profile
Social Media
Octane Company Twitter Account
Company News
Octane News
Facebook
Octane on Facebook
YouTube
Octane on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Akash Khanolkar
  Akash Khanolkar LinkedIn Profile  Akash Khanolkar Twitter Account  Akash Khanolkar News  Akash Khanolkar on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/1/2021: Offchain Labs venture capital transaction
Next: 9/1/2021: Rafay Systems venture capital transaction

 

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We do our best to record every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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