Octane AI, a San Francisco, CA-based data marketing platform provider, raised $5m in funding.
The round was led by Javelin Venture Partners, with participation from existing investors Bullpen Capital, General Catalyst and Boost VC. In conjunction with the funding, the company added:
- Alex Gurevich, Managing Director at Javelin Venture Partners, as a Board Observer,
- Alex Gurevich (a different one) as new VP of Finance and Operations, and
- Vincent Silvey as VP of Engineering.
Led by Matt Schlicht, CEO and Co-Founder, Ben Parr, President and Co-Founder, Octane AI provides ecommerce marketers with tools to collect zero-party data and power a personalized customer journey across owned and paid marketing channels, boosting website conversion rates and generating revenue for small and medium-sized Shopify stores around the globe. The company recently launched its new Conversational Pop-up product, and a Shop Quiz to provide a consultative experience that helps merchants find the right point-of-sale hardware for their business quickly.
The all-remote company employs team members in over 14 countries.
FInSMEs
20/07/2021