Octane Lending Obtains Series A Round

  • Feed Type
  • Date
    10/5/2016
  • Company Name
    Octane Lending
  • Mailing Address
    344 West 38th Street New York, NY 10018 USA
  • Company Description
    Octane Lending was founded in 2013 to solve many of the pain points associated with the indirect consumer powersports F&I process. Our platform solves three major pains points we found from interviewing dealers: rekeying of loan application information, multiple hard credit pulls for the consumer, and limited viable subprime lenders.
  • Website
    http://www.octanelending.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Series A
  • Proceeds Purposes
    This capital will be used to support Octane’s rapid growth in powersports and adjacent verticals.
  • M&A Terms
  • Venture Investor
    IA Ventures
  • Venture Investor
    Undisclosed

Trending on Xconomy