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.
2016
Founded
$3.1M
2022 Revenue
YOY
$10.8M
Funding
Octane AI Revenue
In 2022, Octane AI revenue run rate hit $3.1M in revenue.
2021
Octane AI hit $3.1M in revenue in 2021
2016
Octane AI launched in 2016 with $0 revenue
Octane AI Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Venture Round
Octane AI raised a Venture Round of $5M at a $10M valuation in July 2021
2020 Venture Round
Octane AI raised a Venture Round of $4.3M
2016 Seed Round
Octane AI raised a Seed Round of $1.5M
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
07/20/2021 | Venture Round | $5M | $10M |
08/21/2020 | Venture Round | $4.3M | |
11/02/2016 | Seed Round | $1.5M |
Team
Octane AI has 48 total employees and 18 sales reps that carry a quota. They have 1000 customers an engineering team of 4 and a marketing team of 5
DISTRIBUTION | QTY |
---|---|
Total team size | 48 |
Engineer | 4(8%) |
Sales | 18(38%) |
Marketing | 5(10%) |
CEO/Founder
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.
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Customers
Octane AI has 1K customers.
Lifetime Months
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x
Monthly ARPU
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Lifetime Dollar
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Acquisition Cost
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Average Annual Price
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Churn
Octane AI has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Octane AI
Monthly Revenue
$259K
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Total Expenses
$0.0
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Net Income
$0.0
EBIDTA Margin
0.0%
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YOY Growth
0.0%
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Rule of 40
0
Octane AI Board of Directors
Name | Position |
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Octane AI Executives
Name | Position |
---|---|
Matt Schlicht | CEO |
Octane AI Employees
Name | Position |
---|---|
Matt Schlicht | CEO |
Frequently Asked Questions about Octane AI
When was Octane AI founded?
Octane AI was founded in 2016.
How much revenue does Octane AI generate?
Octane AI generates $3.1M in revenue.
Who is the CEO of Octane AI?
The CEO of Octane AI is Matt Schlicht.
How much funding does Octane AI have?
Octane AI was raised $10.8M.
How many employees does Octane AI have?
Octane AI has raised 48 employees.
Where is Octane AI headquarters?
Octane AI headquater is at United States