Octane
Octane is a retail financing and software company with a point-of-sale platform for recreational purchases like powersports and RVs.
Secondary Market Price
How Octane Measures Up
To help you manage your Octane equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series F
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Octane Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Octane's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Octane, founded in 2014, is a financial technology company that operates a point-of-sale finance and insurance marketplace. The company's platform focuses on recreational and lifestyle purchases, connecting dealers and their customers with a network of prime and sub-prime lenders for products such as motorcycles, ATVs, RVs, and outdoor power equipment. In addition to financing, the platform facilitates the sale of insurance and warranty products. Headquartered in New York, NY, Octane was co-founded by Jason Guss and Mark Garro and has grown to over 550 employees. The company supports its financing operations with editorial brands, including Cycle World® and UTV Driver®, and has established partnerships with over 4,000 dealers and 30 original equipment manufacturers (OEMs).
Looking forward, Octane is expanding its service offerings. The company recently announced its entry into the auto industry with a Captive-as-a-Service solution, a model it first launched for the powersports and RV industries. This expansion follows a recent Series F funding round. The company has also received external recognition, having been named to Built In’s list of Best Places to Work in Dallas for four consecutive years. According to CEO Jason Guss, the company is focused on profitability and achieving its growth goals while continuing to enhance its technology platform and industry partnerships.
- Valar Ventures
- Upper90
- Huntington Bank
- Camping World
- Good Sam
- Holler-Classic
- Progressive Investment Company
- Contour Venture Partners
- Citi Ventures
- Third Prime
- Parkwood
- Gaingels
- ALIVE
- Co-Founder, Jason Guss
- Co-Founder, Mark Davidson
- Co-Founder, Andre Gregori
- Co-Founder, Daniel Petkevich
- Co-Founder, Maria Aveledo
- Co-Founder, Mark Garro
- Co-Founder, Michael Fanfant
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Octane worth joining?
Determining if a startup is worth joining requires evaluating its future potential and how its equity package compares to other opportunities.
Tools like Prospect can help you make an informed decision by using data to project a company's outcomes and analyze your potential earnings.
What should I do with my Octane stock?
Deciding what to do with private company stock involves complex tax and financial planning around when to exercise options and sell shares.
Platforms like Prospect can build a personalized strategy for your Octane equity by analyzing your financial situation and the company's growth potential.
Can you sell Octane stock?
Yes, it is often possible to sell stock in a private company like Octane through liquidity events like tender offers or on secondary markets, though restrictions may apply.
Prospect offers tools to help you navigate these sales, optimize for taxes, and determine the best time to sell your shares.
How can I find the value of my Octane stock?
Valuing stock in a private company is difficult because it doesn't trade publicly, but you can use data from funding rounds and secondary markets for an estimate.
Prospect uses predictive models that analyze this data to help you forecast the potential future value of your Octane equity.
What is Octane's equity worth?
The precise worth of private equity is uncertain until a liquidity event like an IPO, but its value can be estimated based on company performance and market data.
To get a data-driven estimate, you can use a platform like Prospect, which projects a range of likely outcomes for your equity's value.
What is Octane's stock ticker symbol?
As a private, pre-IPO company, Octane does not have a stock ticker symbol.
Ticker symbols are only assigned to companies when they become publicly traded on a stock exchange like the NYSE or NASDAQ.
Can I buy or sell Octane stock?
You can typically "buy" stock by exercising your employee stock options, and you can sell it during company-approved tender offers or on secondary markets.
Prospect provides tools and personalized strategies to help you decide the most tax-efficient way to exercise your options and when to sell your shares.
What is the criteria to buy or invest in Octane stock?
Investing in a private company like Octane is generally restricted to employees receiving equity compensation or accredited investors participating in private financing rounds.
For employees who already hold equity, platforms like Prospect provide guidance on managing it, rather than on making an initial investment.
