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Octave Bioscience - About the company

Octave Bioscience is a series C company based in Menlo Park (United States), founded in 2014 by William Hagstrom and Melinda Thomas. It operates as a Provider of AI-based molecular diagnostic tools for neurodegenrative diseases. Octave Bioscience has raised $124M in funding from investors like Novartis, Merck Global Health Innovation Fund and Intermountain Ventures. The company has 55 active competitors, including 13 funded and 6 that have exited. Its top competitors include companies like Amprion, PeopleBio R&D and Nanostics.

Company Details

Provider of AI-based molecular diagnostic tools for neurodegenerative diseases. The company has developed the first blood test to measure disease activity at the biology level. The platform will captures data using sensors, wearables & mobile tools to identify changes in disease status and optimize images adding quantitation, serial trends.
Social
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Email ID
*****@octavebio.com
Phone Number
+1 **********
Key Metrics
Founded Year
2014
Location
Menlo Park, United States
Stage
Series C
Total Funding
$124M in 9 rounds
Investors
Ranked
Employee Count
97 as on Sep 30, 2026
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Octave Bioscience's funding and investors

Octave Bioscience has raised a total funding of $124M over 9 rounds. Its first funding round was on Sep 13, 2017. Its latest funding round was a Conventional Debt round on Sep 04, 2025 for $*****. 1 investor participated in its latest round. Octave Bioscience has 16 institutional investors.

Here is the list of recent funding rounds of Octave Bioscience:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 04, 2025
3463697
Conventional Debt
8787735
6119200
9619402
2490012
Mar 07, 2025
4910592
Series C
6778394
2416205
9365849
Nov 16, 2023
3129578
Grant (prize money)
2353062
9199495
9566388
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Octave Bioscience's founders and board of directors

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The founders of Octave Bioscience are William Hagstrom and Melinda Thomas. William Hagstrom and Doug Biehn are the CEOs of Octave Bioscience.
Here are the details of Octave Bioscience's key team members:

Octave Bioscience's employee count trend

Octave Bioscience has 97 employees as of Sep 26. Here is Octave Bioscience's employee count trend over the years:
Employee count trend for Octave Bioscience
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Octave Bioscience's Competitors and alternates

Top competitors of Octave Bioscience include Amprion, PeopleBio R&D and Nanostics. Here is the list of Top 10 competitors of Octave Bioscience, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Octave Bioscience
Octave Bioscience
2014, Menlo Park (United States), Series C
Provider of AI-based molecular diagnostic tools for neurodegenrative diseases
$124M
66/100
2nd
Logo for Amprion
Amprion
2006, Houston (United States), Series B
Revolutionizing neurodegenerative disease diagnosis with advanced α-synuclein detection technology
$11.8M
56/100
3rd
Logo for PeopleBio R&D
PeopleBio R&D
2002, Seongnam-si (South Korea), Public
Immunoassays for early detection of neuro-degenerative diseases
-
48/100
4th
Logo for Nanostics
Nanostics
2017, Edmonton (Canada), Seed
Developer of diagnostic tests to detect cancers, cardiovascular and neurodegenerative diseases
-
40/100
5th
Logo for Cytox
Cytox
2007, Oxford (United Kingdom), Series B
Developer for prognostic tests for assessing the risk of dementia
$12.1M
38/100
6th
Logo for Alseres Pharmaceuticals
Alseres Pharmaceuticals
1972, Auburndale (United States), Public
Therapeutic and diagnostic products for disorders in the central nervous system (CNS)
$4M
35/100
7th
Logo for LikeMinds
LikeMinds
2008, Boston (United States), Series A
Provider of dopamine transporter imaging agent for diagnosis of neurodegenerative diseases
$6.37M
-
35/100
8th
Early disease detection blood tests for Alzheimer's and Parkinson's
$5.5M
-
34/100
9th
Logo for Durin Technologies
Durin Technologies
2010, Camden (United States), Series B
Developer of the diagnostic test for neurodegenerative diseases
$8.05M
32/100
10th
Logo for Gene Solutions
Gene Solutions
2006, Charlottesville (United States), Series A
Pioneering mitochondrial medicine, developing therapeutics for neurodegenerative and muscular diseases
$6.33M
-
32/100
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Octave Bioscience's Investments and acquisitions

Octave Bioscience has made no investments or acquisitions yet.

Reports related to Octave Bioscience

Here is the latest report on Octave Bioscience's sector:

News related to Octave Bioscience

lockFilter this list
Media has covered Octave Bioscience for a total of 3 events in the last 1 year, 2 of them have been about people movement and 1 about partnerships.
•
Octave Bioscience Secures $35M Series C to Boost Commercial GrowthBusiness Wire•Sep 05, 2025•Octave Bioscience, Valhalla, Northpond Ventures, S32 and 8 others
•
Octave® Bioscience, Inc. Announces Publication in Nature CommunicationsBusiness Wire•May 29, 2024•Octave Bioscience
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