Octane Secures $100 Million in Series F Funding to Propel Growth and Innovation

In a remarkable move poised to enhance its growth trajectory, Octane Lending, Inc. recently announced the successful closure of a $100 million Series F funding round. This significant capital injection is aimed primarily at fuelling the company's ongoing initiatives while also facilitating secondary share transfers. Since its inception in 2014, Octane has now attracted a total of approximately $342 million in equity funding, marking a substantial milestone in its journey as a leading innovator in the financial technology space.

Capitalizing on Strong Momentum

With a firm dedication to revolutionizing the buying experience, particularly within the powersports market, Octane has quickly established itself as a strong player. Jason Guss, CEO and Co-Founder of Octane, emphasized that this latest funding will enable the company to accelerate key initiatives and foster its expansion into new markets. Speaking about the support from both new and returning investors, he stated, "We're grateful to our existing investors for their continued support and belief in our vision, as well as to new investors for their partnership."

The Series F funding round saw participation from notable firms including Valar Ventures, Upper90, and Huntington Bank. Valar Ventures is optimistic about Octane's growth potential, noting that the company’s unique offerings cater to the needs of dealers and OEMs with financing solutions that are unparalleled in the market.

Expanding Offerings and Market Penetration

The newly raised capital will facilitate the deepening of Octane's product offerings, fortifying their competitive position in an expanding market valued at around $150 billion. In 2025, Octane has already introduced numerous new products and technology improvements designed for a seamless customer experience, including enhancements to its financing portal that streamline customer acquisition and closing processes for merchants. This aims to not only boost profitability for dealers but also simplify payment options for consumers themselves.

Octane has been remarkably successful in originating loans, surpassing $7 billion through its in-house lender, Roadrunner Financial. Additionally, the company has issued over $4.7 billion in asset-backed securities and significantly contributed to the market by selling or committing to sell $3.3 billion in secured consumer loans since late 2023. This reflects an upwards trajectory with a growth rate of more than 30% year-over-year from Q3 2024 to Q3 2025.

Building a Seamless Buying Experience

The company’s objective goes beyond mere financial transactions; Octane aims to enhance the entire recreational purchase journey. This encompasses empowering both merchants and consumers with valuable insights and accessible financing options that facilitate smoother purchasing processes. By leveraging its editorial brands like Cycle World and UTV Driver, Octane not only inspires enthusiasts but also aids in the prequalification for financing and directs customers to dealerships effectively.

The proactive approach taken by Octane reflects a deep understanding of market demands and consumer expectations. By focusing on creating a user-friendly digital buying experience, the firm has solidified its position as a leader in the industry. Its commitment to innovation, underscored by the recent funding round, only further enhances its prospects for future growth, aiming to leave an indelible mark on the fintech landscape for years to come.

Looking Ahead

As Octane continues to advance its mission of creating a seamless digital buying experience, the company remains optimistic about its trajectory and growth potential. The robust support from investors reinforces Octane's promise of driving forward with its growth strategy while deepening existing relationships and expanding into new sectors. With the new funding, the possibilities for development and impact in the fintech industry are endless.

By fostering innovation and addressing critical market needs, Octane positions itself not just as a financing provider, but as a vital partner to merchants and consumers alike in the recreational sector. With an ambitious expansion plan, backed by substantial funding, Octane is set to continue its upward journey in a competitive fintech landscape.