Octamile Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 13

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 651 North Broad Street
  • Suite 206
  • Middletown, DE 19709
  • United States
+1 (628)
Primary Industry
Financial Software
Other Industries
Other Insurance
Vertical(s)
Corporate Office
  • 651 North Broad Street
  • Suite 206
  • Middletown, DE 19709
  • United States
+1 (628)

Octamile Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Octamile’s complete valuation and funding history, request access »

Octamile Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital insurance platform designed to empower the insurance ecosystem with data and technology. The comp
Financial Software
Middletown, DE
13 As of 2023

Lagos, Nigeria
 

Wilmington, DE
 
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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
You’re viewing 3 of 3 competitors. Get the full list »

Octamile Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 11 investors. Get the full list »

Octamile FAQs

  • When was Octamile founded?

    Octamile was founded in 2021.

  • Where is Octamile headquartered?

    Octamile is headquartered in Middletown, DE.

  • What is the size of Octamile?

    Octamile has 13 total employees.

  • What industry is Octamile in?

    Octamile’s primary industry is Financial Software.

  • Is Octamile a private or public company?

    Octamile is a Private company.

  • What is Octamile’s current revenue?

    The current revenue for Octamile is .

  • How much funding has Octamile raised over time?

    Octamile has raised $625K.

  • 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?

    Curacel, Turaco, and Lami.Fit are competitors of Octamile.

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