Octane

Octane

Instant financing for lifestyle purchases

Overview

Octane provides instant financing for lifestyle purchases such as motorcycles, ATVs, and mowers. It targets a broad range of customers—from prime borrowers to credit builders and first‑time buyers—by offering quick, personalized financing options with a soft credit pull that won’t affect credit scores. Financing decisions are presented in real time, whether customers shop online or in person, enabling a seamless checkout experience. The company earns revenue from interest and fees on its financing programs. Compared with competitors, Octane emphasizes speed, convenience, and accessibility, continuously presenting tailored offers and allowing users to check rates without impacting their credit. Its goal is to simplify the financing process and make credit more inclusive for a wider audience.

Funded Recently

About Octane

Simplify's Rating
Why Octane is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Fintech

Financial Services

Company Size

501-1,000

Company Stage

N/A

Total Funding

$4.3B

Headquarters

New York City, New York

Founded

2014

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Simplify's Take

What believers are saying

  • AB CarVal's $750 million forward-flow expands near-term lending capacity.
  • Nuveen's separate $350 million commitment broadens institutional loan-buying demand.
  • Four thousand dealer partners create a large embedded-finance distribution network.

What critics are saying

  • One-year forward-flow deals create refinancing cliffs if capital markets tighten.
  • Powersports and outdoor equipment demand depends on discretionary consumer spending.
  • ABS execution risk rises as Octane scales originations and loan-book performance.

What makes Octane unique

  • Instant online prequalification uses soft credit pulls and rapid approvals.
  • Roadrunner Financial pairs origination, dealer routing, and servicing in one flow.
  • Editorial brands like Cycle World and UTV Driver generate enthusiast demand.

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Funding

Total Funding

$4.3B

Above

Industry Average

Funded Over

23 Rounds

Lending Capital funding comparison data is currently unavailable. We're working to provide this information soon!
Lending Capital Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Tuition Reimbursement

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

0%
Used Car News
Jul 19th, 2026
Octane secures $750M forward-flow deal with AB CarVal, expandable to $1.125B

Octane, a fintech company, has executed a $750 million forward-flow agreement with funds managed by AB CarVal, with the option to increase to $1.125 billion. Under the one-year agreement, AB CarVal will purchase up to $750 million of installment loans for powersports and outdoor power equipment originated by Octane's in-house lender, Roadrunner Financial. This marks Octane's largest forward-flow agreement to date. The companies previously announced a $500 million facility in 2024, which was extended and upsized by $250 million, plus a $200 million whole loan sale. To date, Octane has completed six forward-flow agreements and seven spot whole loan sales, representing more than $4.9 billion of consumer loans sold or committed.

PR Newswire
Apr 1st, 2026
Octane partners with Suzuki to offer full-spectrum financing for motorcycles and ATVs in US

Octane, a fintech company specialising in recreational vehicle financing, has partnered with Suzuki to offer full-spectrum financing to prime customers in the United States. Effective 1 April, Suzuki dealerships will access competitive finance offers on motorcycles, scooters and ATVs through Octane's in-house lender, Roadrunner Financial. The partnership expands a nearly decade-long relationship between the companies. Suzuki dealers will utilise Octane's digital tools for prequalification and closing, whilst loans will be serviced through Roadrunner Account Services. Founded in 2014, Octane has originated over $8 billion in loans and works with 50 original equipment manufacturer partners across seven secured lending markets. The company reported $80 million in adjusted EBITDA in 2025, marking its third consecutive year of profitability.

PR Newswire
Mar 12th, 2026
Ariens and Gravely partner with Octane and Huntington Bank for full-spectrum OPE financing

Octane, a fintech company, and Huntington Bank have partnered with outdoor power equipment manufacturers Ariens and Gravely to deliver a comprehensive financing platform for dealerships and customers. The Huntington Bank Powered by Octane programme enables dealers to manage sales and financing through a single platform, from prequalification to closing. Qualified applicants receive prime financing options through Huntington, whilst near-prime offers come from Octane's in-house lender. The system uses Octane's technology to provide instant credit decisions and streamlined documentation management. AriensCo, the manufacturer behind Ariens and Gravely equipment, says the partnership will improve approval rates and streamline processes for dealers. Founded in 2014, Octane has over 50 OEM partners and 4,000 dealer partners across automotive and lifestyle product financing.

Yahoo Finance
Mar 4th, 2026
Octane hits $2.1B in loan originations, up 29% YoY, after closing $100M Series F

Octane, a fintech company specialising in recreational vehicle financing, achieved record originations of $2.1 billion in 2025, a 29% year-over-year increase, bringing total all-time originations to $7.6 billion. The company doubled RV originations for the second consecutive year. The firm closed a $100 million Series F funding round to support its new Captive-as-a-Service offering for original equipment manufacturers and dealership chains. Octane signed ten new OEM partnerships, partnered with major RV and powersports dealership chains, and secured a partnership with a top national bank for outdoor power equipment market expansion. The company diversified its capital markets programme by selling nearly $2 billion in loans and issuing over $500 million in notes through two asset-backed securitisations.

Dealroom.co
Dec 16th, 2025
Octane company information, funding & investors

Octane, connects consumers and dealers with lenders to streamline financing for vehicle purchases. Here you'll find information about their funding, investors and team.

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