Founded in 2014, Octane offers an end-to-end digital buying experience for powersports, RVs, boats, personal watercraft, and outdoor power equipment. Its platform pre-qualifies consumers online, routes them to dealerships for quick closings, and services the loans it originates. The company’s financing portal and underwriting engine have helped it originate more than $7 billion in loans, issue over $4.7 billion in asset-backed securities, and sell or commit to sell $3.3 billion of secured consumer loans since December 2023. Octane grew originations by more than 30 percent from Q3 2024 to Q3 2025 and operates on a GAAP-net-income-profitable basis. It works with 60 OEM partner brands and over 4,000 dealer partners, addressing markets worth a combined $150 billion. Recent product launches have further sped up customer acquisition for merchants and improved flexibility for borrowers. The company employs about 600 people across remote and hybrid roles.

Total raised

$202M

Funding rounds

5

Latest round

Series F

Latest activity

Dec 2025