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Octane AI

1266 Harrison St, San Francisco, California, 94103, United States

Overview

Octane AI provides ecommerce marketers with tools to collect zero-party data and power personalized customer journeys across owned and paid marketing channels. Led by CEO and Co‑Founder Matt Schlicht and President and Co‑Founder Ben Parr, the company targets small and medium-sized Shopify stores around the globe to boost website conversion rates and generate revenue. It recently launched a Conversational Pop-up product and a Shop Quiz designed to provide a consultative experience that helps merchants find the right point-of-sale hardware for their business quickly. The company operates as an all-remote organization and employs team members in over 14 countries. Octane AI is based in San Francisco, California. Octane AI provides a buyer-profile, Messenger, and SMS marketing platform tightly integrated with Shopify to help merchants personalize customer journeys and drive conversions. The company launched a Shoppable Quiz private beta, a drag-and-drop quiz builder that integrates with Shopify, Klaviyo, ReCharge and other ecommerce tools to recommend products and allow customers to add items to cart from quiz results. The Shoppable Quiz uses advanced quiz logic and ties into Octane AI’s Messenger and SMS tools to deliver personalized follow-ups and build buyer profiles. Octane AI positions the product as a way to bring consultative retail experiences online and to enable deeper personalization previously available only to much larger companies. The company has partnerships with a range of ecommerce agencies and platforms and is offering demos of the Shoppable Quiz to merchants. Octane AI is all-remote, employs team members in 10+ countries, and was founded in 2016. Octane AI builds a Wix- or Weebly-like platform that enables businesses to create chatbots for Facebook without developer resources. The company was launched by Ben Parr, Matt Schlicht and Leif K-Brooks and has grown a following via a popular Facebook group and a digital magazine. Its product is described as a paint-by-numbers bot creation tool that is easy to use and intended to save time and make money for businesses. Octane AI already counts clients including 50 Cent and Aerosmith. With $1.5 million in funding led by General Catalyst, the team plans to double down on its Facebook business and expand to SMS, iMessage, Slack and websites.

Total raised
$11M
Funding rounds
3
Latest round
Equity
Latest activity
Jul 2021

Industries

  • Artificial Intelligence (AI)
  • Data Collection and Labeling
  • E-Commerce
  • Marketing Automation
  • SaaS
  • SMS
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Recent funding

  1. Equity

    Jul 2021

    $5M

  2. Equity

    Aug 2020

    $4M

  3. Equity

    Nov 2016

    $2M

Team