Octane - About the company
Octane is a series A company based in San Francisco (United States), founded in 2016 by Ben Parr, Matt Schlicht and Leif K Brooks. It operates as a Provider of cloud and AI-based chatbots for e-commerce websites. Octane has raised $14M in funding from investors like Javelin Venture Partners, Hired and General Catalyst. The company has 1519 active competitors, including 134 funded and 59 that have exited. Its top competitors include companies like Qualified, LivePerson and Drift Technologies.
Company Details
Provider of cloud and AI-based chatbots for e-commerce websites. It provides a chatbot for Facebook Messenger with the added features like personalized content, customer service, discussions, filling out forms, and showcasing merchandise. It also integrates with third-party social media platforms. Its additional features include personalized product & bundle recommendations, email & SMS ROI, SMS automation, and more.
- Website
- www.octaneai.com/
- Email ID
- *****@octaneai.com
- Registered Address
- PO Box 7775 #94590 San Francisco, CA 94120-7775
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Series A
Total Funding
$14M in 3 rounds
Latest Funding Round
Investors
Ranked
7th among 1519 active competitors
Employee Count
5 as on Dec 31, 2024
Investment & Acquisitions
Legal entities associated with Octane
Octane is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OCTANE AI, INC. CIN: 812805167 , Belgium, Active | May 25, 2016 | - | - | - |
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Octane's funding and investors
Octane has raised a total funding of $14M over 3 rounds. Its first funding round was on Jun 20, 2016. Its latest funding round was a Series A round on Jul 20, 2021 for $*****. 4 investors participated in its latest round. Octane has 17 institutional investors.
Here is the list of recent funding rounds of Octane:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 20, 2021 | 2580944 | Series A | 3006674 | 5341816 | 2553152 | 9280250 |
Mar 27, 2020 | 4949685 | Seed | 5889153 | 2590457 | 1298744 | |
Jun 20, 2016 | 1197636 | Seed | 8720405 | 7913761 | 7801738 |
View details of Octane's funding rounds and investors
Octane's founders and board of directors
Founder? Claim ProfileHere are the details of Octane's key team members:
- Ben Parr: Co-Founder & CMO of Octane and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 3 email addresses
- Matt Schlicht: Co-Founder & CEO of Octane and founder of 5 other companies, including Theory Forge Ventures, Hamster Pad and Octane AI. Contact Info: 3 email addresses
- Leif K Brooks: Co-Founder of Octane and founder of 2 other companies, Omegle and Octane AI. Contact Info: 2 email addresses
View details of Octane's Founder profiles and Board Members
Octane's employee count trend
Octane has 5 employees as of Dec 24. Here is Octane's employee count trend over the years:
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Octane's Competitors and alternates
Top competitors of Octane include Qualified, LivePerson and Drift Technologies. Here is the list of Top 10 competitors of Octane, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Qualified 2018, San Francisco (United States), Acquired | Provider of conversational marketing platform | $163M | 72/100 | |
2nd | LivePerson 1995, New York City (United States), Public | Provider of conversational AI platform for digital customer and agent experiences | - | 72/100 | |
3rd | Drift Technologies 2015, Boston (United States), Acquired | AI and cloud based lead generation chatbots for businesses | $107M | 71/100 | |
4th | Provider of software products for digital experience management | - | - | 69/100 | |
5th | AB Tasty 2009, New York City (United States), Acquired | AB Testing based content optimization solution | $64M | 67/100 | |
6th | UserZoom 2007, San Jose (United States), Acquired | Provider of a platform for gathering user feedback on digital experiences | $137M | 66/100 | |
7th | Octane 2016, San Francisco (United States), Series A | Provider of cloud and AI-based chatbots for e-commerce websites | $14M | 65/100 | |
8th | Artisan 2023, San Francisco (United States), Series A | Provider of an AI-powered platform for outbound sales automation | $46.1M | 64/100 | |
9th | Developer of AI agents and related support and automation software | $12.2M | 63/100 | ||
10th | MadKudu 2014, Mountain View (United States), Acquired | Platform offering Sales Process engagement Solutions | $29.1M | 63/100 |
Looking for more details on Octane's competitors? Click here to see the top ones
Octane's Investments and acquisitions
Octane has a total of 1 investment in Fizz Social. Octane has not made any acquisitions as of now.Reports related to Octane
Here is the latest report on Octane's sector:
News related to Octane
Media has covered Octane for a total of 4 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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Octane and Adventure Lifestyle Launch Adventure Lifestyle FinancePR Newswire•Dec 09, 2025•Octane, Adventure Lifestyle
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The Partner Companies Completes $200+ Million Credit Facility for GrowthMiningstockeducation•Nov 13, 2025•The Partner Companies, Huntington National Bank, Octane
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Octane AI Selected by Fortune as One of 100 Best Small & Medium WorkplacesRad AI•Aug 09, 2021•Octane
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Octane AI Raises $5M in FundingFinSMEs•Jul 20, 2021•Octane, Javelin Venture Partners, Bullpen Capital, General Catalyst and 1 other
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Indian Oil Corporation launches country's first 100 Octane petrolNew Indian Express•Dec 01, 2020•Octane
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Octane AI Launches Shoppable Quiz, Enabling Ecommerce Brands to Create Personalized, Consultative Online Shopping ExperiencesMarTech Series•Aug 21, 2020•Octane, Bullpen Capital, General Catalyst, Boost VC and 4 others
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