Octane

Octane offers instant financing to fuel our customers’ lifestyles. Our mission: connecting people with their passions.

Founded 2014
501-1000 employees
  • Banking, Corporate Finance, & Investing
  • Headquarters address
    116 W 32nd St., 9th Floor, New York, NY 10001

    alt text Hired Top Small Business Employer in 2021

    Octane is revolutionizing the buying experience for major recreational purchases, such as motorcycles, ATVs, and zero-turn lawn mowers. It dramatically simplifies and accelerates the transaction process by adding value at each stage of the buying journey. Through its in-house lender Roadrunner Financial, Octane offers automated underwriting, innovative credit products, and financing. Octane also reaches millions of enthusiasts through its editorial brands like Cycle World and UTV Driver and helps consumers buy their favorite products in a seamless process by pre-qualifying them on dealer and OEM websites. Octane is rapidly growing in underserved markets that account for tens of billions of dollars in annual transactions.

    In August 2021, Octane announced it raised $52 million in Series D funding bringing the company’s valuation to over $900 million with more than $192 million in total equity funding raised to date. Octane has originated over $1 billion in loans to date and is on track to generate over $100 million in projected revenue in 2021. The company is net income positive and operating cash flow positive. Octane is rated AA by Standard & Poor’s (S&P) and AAA by Kroll Bond Rating Agency (KBRA).

    Octane is a remote-first fintech company with offices in NYC and Dallas. It has doubled its team in the last year, from over 200 to over 400 employees, and increased its engineering team by over 90% in the past six months. Octane continues to actively recruit top talent.

    Our 6 values are:
    - Win as a Team
    - Own Our Customers' Success
    - Seek the Truth & Test Assumptions
    - See Opportunities Not Obstacles
    - Embrace Diversity of People & Ideas
    - Ruthlessly Prioritize

    Tech stack

    Python, Django, React, JavaScript, Apache Mesos, Docker, PostgreSQL, Marathon, Redshift, Jenkins, Chronos, Terraform, Ansible, AWS, EC2, Amazon S3, Amazon Cloud Front, Node.JS, DynamoDB, Spark, AWS Elastic MapReduce (EMR), AWS Lambda, cloudwatch, Kubernetes, Microservices

    Benefits

    Compensation and retirement

    401k begins after 6 months of employment. Company will contribute 3% of salary to employee's 401k regardless of any employee contribution.
    Stock Options
    401k plan
    401k matching
    Commuter assistance plans

    Health and wellness

    Health insurance
    Dental insurance
    Vision insurance
    Life insurance
    Disability insurance
    FSA (Flexible Spending Plan)
    EAP (Employee Assistance Program)
    Legal assistance

    Vacation and time off

    - Self Managed PTO that encourages 2 weeks, but allows up to 5 weeks PTO, as well as 11 Holidays (And employees take all 5 weeks)
    Paid time off
    Paid holidays
    Flexible working hours
    Work from home flexibility
    Maternity benefits
    Paternity benefits

    Personal development

    Educational Assistance/ Tuition Reimbursement up to $3K / year.
    Tuition reimbursement

    Values and quality of life

    Diversity program
    Employee groups and committees
    Snacks and beverages
    Catered breakfasts
    Catered lunches
    Matching charitable donations
    Company activities
    Games and recreation
    Employee discount programs
    Remote first
    Octane - Company Photo
    Octane - Company Photo
    Octane - Company Photo
    Octane - Company Photo