Octane Lending, a technology-enabled powersports finance company, today announced the closing of its Series A round led by Berenson Capital Partners and IA Ventures with participation from FinTech Collective, Dreamit and Contour Ventures
“We are very pleased and excited to partner with Octane’s exceptional management team,” said Berenson’s Gary D. Nusbaum and IA Ventures’ Roger Ehrenberg, both of whom have joined Octane’s Board of Directors, in a joint statement. “We have great confidence in the business, and look forward to working with the management team and high-quality existing investor base to build on the tremendous progress that Octane has made in a short period of time.”