Octo AI is a technology company which offers AI-driven infrastructure solutions to developers and enterprises. This company was founded by Luis Ceze Ph.D, Jared Roesch, Jason Knight Ph.D, Tianqi Chen, and Thierry Moreau Ph.D in 2019 and is headquartered in Seattle, WA. Their platform is designed to simplify AI development workflows, focusing on rapid deployment of machine learning models. Octo AI strives to reduce both time and resource costs associated with AI model creation, with the goal of enabling more efficient and scalable AI implementations across various industries.

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Is OctoAI a publicly traded company?

OctoAI became a public company following its M&A on 09/30/2024 and is now a publicly traded company.

To learn more about OctoAI potential IPO

Will OctoAI go IPO?

OctoAI became a public company following its M&A on 09/30/2024.

What is OctoAI’s IPO price?

The IPO price of OctoAI is not currently available.

When was OctoAI founded?

OctoAI was founded in 2019.

What is OctoAI funding to date?

OctoAI has raised $265.2MM to date.

Who are OctoAI’s major investors?

Top Tier Capital Partners
Amplify Partners
Madrona Venture Group
Tiger Global Management
Addition

OctoAI Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/01/2021 Series C-1 $3.7MM $xx.xx $809.18MM Addition, Amplify Partners, Madrona Venture Group, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
397,681
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Amplify Partners, Madrona Venture Group, Tiger Global Management
11/01/2021 Series C-2 $81.3MM $xx.xx $809.18MM Addition, Amplify Partners, Madrona Venture Group, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
5,817,926
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Amplify Partners, Madrona Venture Group, Tiger Global Management
03/17/2021 Series B $28MM $xx.xx $245.86MM Addition, Amplify Partners, Madrona Venture Group
Price per Share
$xx.xx
Shares Outstanding
6,026,038
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Amplify Partners, Madrona Venture Group
04/03/2020 Series A $15.67MM $xx.xx $76.19MM Amplify Partners, Madrona Venture Group
Price per Share
$xx.xx
Shares Outstanding
9,144,488
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplify Partners, Madrona Venture Group
10/03/2019 Series Seed-1 $359,999.52 $xx.xx $25.68MM Amplify Partners, Madrona Venture Group
Price per Share
$xx.xx
Shares Outstanding
2,999,996
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplify Partners, Madrona Venture Group
10/03/2019 Series Seed-2 $470,000.00 $xx.xx $25.68MM Amplify Partners, Madrona Venture Group
Price per Share
$xx.xx
Shares Outstanding
1,468,750
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplify Partners, Madrona Venture Group
10/03/2019 Series Seed-3 $3.1MM $xx.xx $25.68MM Amplify Partners, Madrona Venture Group
Price per Share
$xx.xx
Shares Outstanding
4,171,428
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplify Partners, Madrona Venture Group
Updated on: Dec 26, 2024

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