Octane AI
Valuation
$10M
2024 Revenue
$9.7M
Customers
1K
Funding
$10.8M
YOY
98.5%
Avg ACV
$9.7K
Team
51
Founded
2016
How Octane AI CEO Matt Schlicht grew Octane AI to $9.7M revenue and 1K customers in 2024.
Provider of an online platform created to focus on subject of social media marketing. The company's online platform help to analyze social media messaging trends as a means of assessing and improving engagement between client and customers.
Last updated
Octane AI Revenue
In 2024, Octane AI's revenue reached $9.7M. The company previously reported $6.6M in 2024. Since its launch in 2016, Octane AI has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Octane AI Hit $9.7m revenue in November 2024 |
| 2024 | Octane AI Hit $6.6m revenue in October 2024 |
| 2023 | Octane AI Hit $4.9m revenue in October 2023 |
| 2021 | Octane AI Hit $3.1m revenue in April 2021 |
| 2016 | Launched with $0 revenue |
Octane AI Valuation, Funding Rounds
Octane AI reached a $10M valuation in 2021, set during its Venture Round round.
Octane AI has raised $10.8M in total funding across 3 rounds, most recently a $5M Venture Round round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Venture Round | $5M | $10M | 50% |
| 2020 | Venture Round | $4.3M | - | - |
| 2016 | Seed Round | $1.5M | - | - |
Octane AI Employees & Team Size
Octane AI employs approximately 51 people as of 2026, down from 55 in 2023.
Octane AI has 51 total employees in different roles and functions and 18 sales reps that carry a quota. They have 1K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 51 employees (December 2024) |
| 2024 | Reached 55 employees (October 2024) |
| 2023 | Reached 55 employees (October 2023) |
| 2022 | Reached 37 employees (October 2022) |
| 2021 | Reached 42 employees (December 2021) |
| 2021 | Reached 48 employees (July 2021) |
| 2021 | Reached 37 employees (April 2021) |
Founder / CEO
Matt Schlicht
CEO & Co-Founder. Matt Schlicht CEO & Co-Founder Matt is a two-time Forbes 30 under 30 alum, the creator of Chatbots Magazine, the #1 bots and AI publication in the world with over 750,000 readers a year, and a TikTok expert with over 800K TikTok followers. Previously, with a focus on digital product design, Matt pioneered one-to-many online live video at Ustream (acquired by IBM), went through YCombinator, and helped grow rapper Lil Wayne from 1 to 30 million fans online.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Octane AI acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Octane AI
What is Octane AI's revenue?
Octane AI generates $9.7M in revenue.
Who founded Octane AI?
Octane AI was founded by Matt Schlicht.
Who is the CEO of Octane AI?
The CEO of Octane AI is Matt Schlicht.
How much funding does Octane AI have?
Octane AI raised $10.8M.
How many employees does Octane AI have?
Octane AI has 51 employees.
Where is Octane AI headquarters?
Octane AI is headquartered in San Francisco, California, United States.
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Compare Octane AI to the industry
Octane AI operates across multiple industries. Browse revenue, funding, and growth data for Octane AI in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .