Octane Lending, established in 2014, has recently secured a Series F funding round worth USD 100 million, bringing its total equity capital raised to USD 342 million since the company’s inception.

This latest financing round not only provides primary capital for operational and growth purposes but also includes funds allocated to secondary share transactions. Valar Ventures led this investment, with participation from existing backers like Upper90, Huntington Bank, Camping World, Good Sam, and Holler-Classic, as well as new investors.

Through its in-house lender, Roadrunner Financial, Inc., Octane has originated over USD 7 billion in loans since its founding. The company has also issued more than USD 4.7 billion in asset-backed securities and committed to selling or selling USD 3.3 billion in secured consumer loans since December 2023. As of the most recent quarter, Octane reported GAAP net income profitability and a significant growth of over 30% in loan originations from Q3 2024 to Q3 2025.

Product Expansion and Use of Proceeds

Octane has announced that the new capital will be used to expand its product offerings and enter additional markets. The company emphasized that this funding is intended to accelerate ongoing development efforts rather than a change in business strategy.

In 2025, Octane introduced several platform updates aimed at enhancing efficiency and user experience. These included improvements to the financing portal to reduce dealer application and closing times, along with simplifications to the customer portal for payment options and customer queries support. These enhancements are intended to streamline transactions for dealers and improve borrowing experiences.

Octane collaborates with approximately 60 original equipment manufacturer partners and operates across a combined market estimated at USD 150 billion.