Octamile Overview
- Year Founded
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2021
- Status
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Private
- Employees
-
13
- Latest Deal Type
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Accelerator/Inc
- Investors
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11
Octamile General Information
Description
Developer of a digital insurance platform designed to empower the insurance ecosystem with data and technology. The company's platform supports providers, brokers, agents, and fintech companies in improving their business processes, distributing insurance products, and creating new data-driven products, as well as providing claims automation, vehicle valuation, history, and breakdown cover, enabling clients to simplify access to financial infrastructure efficiently.
Contact Information
Website
www.octamile.comCorporate Office
- 651 North Broad Street
- Suite 206
- Middletown, DE 19709
- United States
Corporate Office
- 651 North Broad Street
- Suite 206
- Middletown, DE 19709
- United States
Octamile Timeline
Octamile Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Accelerator/Incubator | 11-Apr-2025 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2023 | Completed | Generating Revenue | |||
| 1. Seed Round | 09-Mar-2022 | $500K | $500K | Completed | Generating Revenue |
Octamile Comparisons
Industry
Financing
Details
Octamile Competitors (3)
One of Octamile’s 3 competitors is Curacel, a Venture Capital-Backed company based in Lagos, Nigeria.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Curacel | Venture Capital-Backed | Lagos, Nigeria | ||||
| Turaco | Venture Capital-Backed | Wilmington, DE | ||||
| Lami.Fit | Accelerator/Incubator Backed | Bangalore, India |
Octamile Signals
Octamile Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Reinnovate | Accelerator/Incubator | |||
| Norrsken Evolve | Accelerator/Incubator | |||
| Angel (individual) | Minority | |||
| EchoVC Partners | Venture Capital | Minority | ||
| FGV Capital | Venture Capital | Minority |
Octamile FAQs
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When was Octamile founded?
Octamile was founded in 2021.
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Where is Octamile headquartered?
Octamile is headquartered in Middletown, DE.
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What is the size of Octamile?
Octamile has 13 total employees.
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What industry is Octamile in?
Octamile’s primary industry is Financial Software.
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Is Octamile a private or public company?
Octamile is a Private company.
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What is Octamile’s current revenue?
The current revenue for Octamile is .
-
How much funding has Octamile raised over time?
Octamile has raised $625K.
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Who are Octamile’s investors?
Reinnovate, Norrsken Evolve, , EchoVC Partners, and FGV Capital are 5 of 11 investors who have invested in Octamile.
-
Who are Octamile’s competitors?
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