Octane Lending Revenue and Competitors
Estimated Revenue & Valuation
- Octane Lending's estimated annual revenue is currently $60.8M per year.
- Octane Lending received $50.0M in venture funding in March 2019.
- Octane Lending's estimated revenue per employee is $165,100
- Octane Lending's total funding is $401M.
- Octane Lending's current valuation is $900M. (August 2021)
- Octane Lending has 368 Employees.
- Octane Lending grew their employee count by 73% last year.
Octane Lending Competitors & Alternatives
|Competitor Name||Revenue||Number of Employees||Employee Growth||Total Funding||Valuation|
What Is Octane Lending?
Octane Lending is a point of sales finance and insurance marketplace that helps salesmen help their customer's obtain financing. We are currently focused on the recreational market (motorcycles, ATVs, UTVs, Personal watercrafts, boats, RVs and snowmobiles). Our web based platform helps dealers save time by eliminating the need to rekey customer information and helps move more units by opening dealerships to more prime/subprime lending sources. We leverage our large merchant network to act as an efficient compliment to lenders' existing loan origination systems.keywords:Banking,Finance,Human Resources Hr,Insurance
Number of Employees
Employee Growth %
Octane Lending News
Octane Lending, Inc. (Octane or the Company) originates direct consumer loans and indirect consumer retail installment contracts through...
Octane, for one, launched prime financing for Club Car golf carts and utility terrain vehicles through its in-house lender Roadrunner Financial...
NEW YORK, Nov. 18, 2021 /PRNewswire/ -- Octane (Octane Lending Inc.), the fintech revolutionizing the buying experience for major recreational purchases, today announced it will strengthen its partnership with BRP Inc. (TSX: DOO) (NASDAQ: DOOO), global leader in powersports vehicles, propulsion ...
Octane Lending, a NYC-based provider of istant financing for consumers, and OEMs throughout the buying journey for major recreational purchases, raised $52m in Series D funding. The round, which brought total funding raised to date to over $192m in total equity funding and valuation to over $90 ...
Octane Lending has raised $52 million in Series D funding at a valuation of $900 million according to the Fintech. The funding round was led by Progressive Investment Company, Inc. (part of Progressive Insurance with participation from existing investors Valar Ventures, Upper90, Contour Venture ...
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Octane Lending Funding
|2016-10-04||$Undisclosed||A||Berenson Capital Partners||Article|