OctoAI Stock

octo.aiEnterprise Software / Data IntelligenceFounded: 2019Funding to Date: $265.2MM

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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OctoAI Stock Price

Forge Price 1
Price not available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

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

OctoAI Investors Also Invested in These Private Companies

Leadership & Board

Leadership

Tianqi Chen
Co-Founder & Chief Technologist
David Messina
Chief Marketing Officer
Luis Ceze Ph.D
Co-Founder, Chief Executive Officer & Board Member
Jared Roesch
Co-Founder & Chief Technology Officer
Jason Knight Ph.D
Co-Founder & Vice President, Machine Learning
Tony Tzeng
Chief Product Officer
Thierry Moreau Ph.D
Co-Founder & Head of DevRel
Itay Neeman
Vice President of Engineering
Anna Connolly
Vice President of Customer Success and Experience
Amanda Robles
Vice President of People and Operations

Board

Matthew McIlwain
Madrona Venture Group
Michael Dauber
Amplify Partners

OctoAI stock FAQs

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Can you buy OctoAI stock?

You can no longer buy OctoAI stock on a secondary marketplace as this company is no longer private. If you are interested in buying stock of other private companies, learn more about how to invest in the private market or register today to get started.
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How to buy OctoAI stock?

You can no longer buy OctoAI stock on a secondary marketplace as this company is no longer private. If you are interested in buying stock of other private companies, learn more about how to invest in the private market or register today to get started.
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Can you sell OctoAI stock?

You can no longer sell stock of OctoAI on Forge as this company is no longer private. However, if you own stock of a private company, Forge may help you sell it in a way that works for you and the company. Learn more or register with us today to get started.
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How to sell OctoAI stock?

You can no longer sell stock of OctoAI on Forge as this company is no longer private. However, if you own stock of a private company, Forge may help you sell it in a way that works for you and the company. Learn more or register with us today to get started.
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Is OctoAI a public company?

OctoAI is now a public company.
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What is OctoAI’s stock price?

The stock price of OctoAI is not currently available.
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What is OctoAI’s stock ticker symbol?

The ticker symbol of OctoAI is not currently available.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

OctoAI News and Media Highlights

OctoAI launches OctoStack for enterprises to customize, deploy private AI models

Seattle-based OctoAI has a new offering called OctoStack, designed to help those in the enterprise deploy private generative AI models. Companies can use this “turn-key production platform” in a virtual private cloud or on-premises and will have access to highly optimized inference, model customization and asset management. In doing so, OctoAI wants to give companies the freedom to build and run gen AI applications in the way they see fit.

Here’s why Seattle startup OctoML changed its name to OctoAI

OctoML is now OctoAI. The Seattle startup this week revealed the slight but notable tweak to its name. The change reflects a growing product suite, according to CEO and co-founder Luis Ceze.

OctoML launches OctoAI, a self-optimizing compute service for AI

When OctoML launched in 2019, its primary focus was optimizing machine learning (ML) models. Since then, the company has added features that make it easier to deploy ML models (and raised $132 million). Today, the company is launching the latest iteration of its service — and while it’s not quite a pivot, it does shift the company’s emphasis from optimizing models to helping businesses use existing open-source models and fine-tune them with their own data or use the service to host their own custom models.

Cutting AI/ML cloud spend: OctoML works to make AI more sustainable

With big disruptors like ChatGPT and Bing giving the world a glimpse of what’s possible with artificial intelligence at full strength, companies globally are joining the trend of becoming artificial intelligence-native and operationalizing machine learning models.
Browse Insights
Updated on: Dec 21, 2024

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