Octane AI

SoftwareSeedSan Francisco, USoctaneai.com

Latest round

Seed

Last raised

Aug 2020

Total raised

$11M

Investors

9

About Octane AI

Octane AI, Inc.Founded in 2016 in San Francisco, US, Octane AI, Inc. provides a quiz platform for e-commerce optimization.Octane AI specializes in providing a comprehensive quiz platform designed for Shopify merchants to enhance customer engagement and optimize sales conversions. Their core offerings include customizable product quizzes that guide users to the most suitable products based on their preferences, concerns, and shopping behaviors. These quizzes are integrated seamlessly with e-commerce platforms and are tailored to collect zero-party data, which helps merchants build marketing lists and personalize customer interactions. By empowering Shopify merchants with actionable insights about their customers, Octane AI aims to improve the overall shopping experience and foster customer loyalty.Octane AI operates on a subscription-based revenue model, where clients pay for access to their suite of tools and services tailored for e-commerce optimization. The transactions between Octane AI and its clients typically involve monthly or annual subscription fees, which grant access to various features such as quiz creation, data analytics, and integration capabilities with other marketing platforms. The company emphasizes its success through testimonials from notable clients, reflecting significant improvements in metrics such as average order value (AOV) and conversion rates.In July 2021, Octane AI, Inc. The company plans to introduce new products aimed at further enhancing its quiz platform and expanding its capabilities. Additionally, Octane AI aims to enter new markets across Asia and South America by 2023, broadening its reach and client base within the global e-commerce landscape.

Who invested in Octane AI

9 investors across 4 rounds

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Funding rounds

  1. Seed

    Aug 21, 2020

    Amount

    $4.3M

    Investors

    Locked

  2. Seed

    Mar 19, 2020

    Amount

    $3.5M

    Investors

    Locked

  3. Seed

    Sep 18, 2017

    Amount

    $1.5M

    Investors

    Locked

  4. Seed

    Nov 2, 2016

    Amount

    $1.5M

    Investors

    Locked

Questions about Octane AI

Who invested in Octane AI?

Octane AI has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Octane AI raised?

Octane AI has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Octane AI last raise money?

Octane AI's most recent round on record is a Seed, in Aug 2020.

What does Octane AI do?

Octane AI is a software company.

Where is Octane AI headquartered?

Octane AI is headquartered in San Francisco, US.

Which VCs invest in companies like Octane AI?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Octane AI's stage. Their profiles are linked below.

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