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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 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.

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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.

Octane AI Revenue GrowthReported revenue / ARR over time$0$3M$5M$8M$10M$13M201620172018201920202021202220232024$0$3M$5M$10MSource: GetLatka.com
YearMilestoneQuote
2024Octane AI Hit $9.7m revenue in November 2024
2024Octane AI Hit $6.6m revenue in October 2024
2023Octane AI Hit $4.9m revenue in October 2023
2021Octane AI Hit $3.1m revenue in April 2021
2016Launched 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.

Octane AI Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$3M$3M$5M$5M$8M$8M$10M$10M$13M$13M201620172018201920202021$10MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Venture Round$5M$10M50%
2020Venture Round$4.3M--
2016Seed Round$1.5M--

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

QuestionAnswer
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Customers

Octane AI serves 1K customers.

Octane AI Employees & Team Size

Octane AI employs approximately 51 people as of 2026, down from 55 in 2023, including 18 sales reps that carry a quota. It serves 1K customers that rely on its solutions.

Octane AI Team GrowthReported headcount over time01325385063201620172018201920202021202220232024005151Source: GetLatka.com
YearMilestone
2024Reached 51 employees (December 2024)
2024Reached 55 employees (October 2024)
2023Reached 55 employees (October 2023)
2022Reached 37 employees (October 2022)
2021Reached 42 employees (December 2021)
2021Reached 48 employees (July 2021)
2021Reached 37 employees (April 2021)

Frequently 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.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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