Tech Company Financing Transactions
Octane Lending Funding Round
Octane Lending, based in New York, secured $700 million from New York Life Ventures, Equitable Bank and MetLife.
Transaction Overview
Company Name
Announced On
4/15/2025
Transaction Type
Debt
Amount
$700,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The proceeds of this deal will support Octane's continued momentum; the company grew originations in 2024 by 36% year over year.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
116 W 32nd St
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Website
Email Address
Not Recorded
Overview
With Our Seamless, End-to-End Financing Experience. Octane's technology and innovative risk program bring speed, ease, and broad credit coverage to the purchasing process in underserved markets, like powersports vehicles, outdoor power equipment, and RVs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jason Guss
Chief Technical Officer
Murali Vajjiravel
President
Steven Fernald
VP - Bus. Development
Maria Aveledo
VP - Bus. Development
Mark Davidson
VP - Engineering
Shadi Ashkar
VP - General Counsel
Sean Fernandez-Ledon
VP - General Counsel
Daniel Mancini
VP - Human Resources
Tony Perlingieri
VP - Marketing
Seth Lowery
VP - Marketing
Shannon O'Hara
VP - Operations
Jennifer Garza
VP - Product Management
Duncan Amos
VP - Product Management
Mike Dushane
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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