Diligence memo · auto-generated · as of July 2, 2026
Octane
Octane has raised $5.2M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Octane is a private company, based in Africa. Egyptian startup Octane, a digital platform for fleet and on-road expense management, has raised US$5.2 million in funding to accelerate the expansion of its acceptance network, deepen its technology stack and support the company’s growth across Egypt and the wider Middle East and North Africa (MENA
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Octane has raised $5.2M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $5.2M on 2025-06-18.
Most recent recorded round closed around 2025-06-18.
Valuation (modeled)modeled
Provath models Octane at approximately $53M (range $41M–$62M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 99% of sector peers (8525 compared).
Modeled value ranks above 99% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.