# Octav Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/octav-labs

- Industry: Software
- Headquarters: Montreal, Canada
- Website: www.octav.fi
- Total disclosed funding: $2.6M
- Latest round: Seed (Sep 12, 2023)
- Investors on record: 8

## About

Based in Quebec, Canada, Octav Labs Inc. operates as a provider of DeFi data labeling and analytics platform. Mathieu Baril (CEO) and Luc Blackburn (CTO) are the co-founders of the company. In September 2023, Octav Labs Inc. raised USD 2.65 million in seed funding from ACET Capital, Investmeows, Nascent, Parallel, Inc., Polymorphic Capital, Possible Ventures, Spaceship DAO, and Speedinvest.

The company offers a non-custodial platform that allows users to monitor and manage their DeFi portfolios with ease. The platform enables users to access transaction history, track profit and loss, and generate detailed reports for tax purposes. Its features include wallet authorization, transaction history, profit and loss, export results, and more. Octav also emphasizes data accuracy and reliability, leveraging on-chain data to ensure accuracy. The company’s partners include Nascent, Bunni, Crypto Impot, Request Finance, Darien Advisors, Yearn, Aura, Defillama, and others.

The startup generates revenue through its subscription plans, which include the pro enterprise plan for USD 420 per license per month and the pro custom plan for USD 30 per address per month.

The organization plans to use the September 2023 funding to incorporate more chains into the DeFi ecosystem.

## Funding rounds

- Seed, Sep 12, 2023, $2.6M — Speedinvest, Nascent, Possible Ventures, ACET Capital, Polymorphic Capital, Parallel, Inc., Spaceship DAO, Investmeows

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Nascent (https://capitalatlas.ai/funds/nascent) — Seed
- Possible Ventures — Seed
- ACET Capital (https://capitalatlas.ai/funds/acet-capital) — Seed
- Polymorphic Capital (https://capitalatlas.ai/funds/polymorphic-capital) — Seed
- Parallel, Inc. — Seed
- Spaceship DAO — Seed
- Investmeows — Seed
