Tech Company Financing Transactions
Octane Lending Funding Round
DreamIt Ventures Austin participated in a $25 thousand Seed funding round for Octane Lending. The round was announced on 4/15/2014.
Transaction Overview
Company Name
Announced On
4/15/2014
Transaction Type
Accelerator
Amount
$25,000
Round
Seed
Investors
Proceeds Purpose
The company will use the proceeds to accelerate its initial development.
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
Octane Lending was founded in 2013 to solve many of the pain points associated with the indirect consumer powersports F&I process. Our platform solves three major pains points we found from interviewing dealers: rekeying of loan application information, multiple hard credit pulls for the consumer, and limited viable subprime lenders.
Management Team
Title
Name
Email & Social
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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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