Octave logo

Octave

North America, California, United States, San Francisco

Description

Octave Fund is a specialized early-stage venture capital firm based in San Francisco, uniquely positioned to invest in and support the next generation of enterprise data opportunities. Launched by Ali Ghodsi and Ion Stoica, the co-founders of Databricks, the fund leverages an unparalleled depth of domain expertise and operational experience in the data and AI landscape. Their "founder-centric" approach emphasizes providing more than just capital, aiming to be a true partner to entrepreneurs building foundational technologies in areas like data infrastructure, analytics, machine learning, and AI applications for enterprises.

Investor Profile

Octave has backed more than 36 startups, with 2 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, New Zealand, United Kingdom.
  • Strong thematic focus on Software, Information Technology, Machine Learning.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (58%)
  • Series A (14%)
  • Series B (14%)
  • Pre Seed (8%)
  • Series Unknown (6%)

Country Focus

  • United States (92%)
  • New Zealand (3%)
  • United Kingdom (3%)
  • The Netherlands (3%)

Industry Focus

  • Software
  • Information Technology
  • Machine Learning
  • Artificial Intelligence (Ai)
  • Saas
  • Developer Tools
  • Enterprise Software
  • Analytics
  • Big Data
  • Privacy
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Octave frequently co-invest with?

Heavybit
North America, California, United States, San Francisco
Co-Investments: 3
Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 2
TV
North America, California, United States, San Francisco
Co-Investments: 2
South Park Commons
North America, California, United States, San Francisco
Co-Investments: 3
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Insight Partners
North America, New York, United States, New York
Co-Investments: 3
Xfund
North America, California, United States, Palo Alto
Co-Investments: 2
Bloomberg Beta
North America, California, United States, San Francisco
Co-Investments: 6
Accel
North America, California, United States, Palo Alto
Co-Investments: 3
Redpoint
North America, California, United States, Menlo Park
Co-Investments: 2

Which angels does Octave often collaborate with?

GR
North America, California, United States, San Francisco
Shared Deals: 3
BK
North America, California, United States, San Francisco
Shared Deals: 3
GR
North America, California, United States, San Francisco
Shared Deals: 3
NF
North America, California, United States, San Francisco
Shared Deals: 5
SK
North America, New York, United States, New York
Shared Deals: 2
OP
North America, New York, United States, New York
Shared Deals: 3
VT
North America, California, United States, Palo Alto
Shared Deals: 2
MB
North America, California, United States, San Francisco
Shared Deals: 2
SV
North America, California, United States, San Francisco
Shared Deals: 2
CS
North America, Washington, United States, Kirkland
Shared Deals: 1

What are some of recent deals done by Octave?

Springtail

San Francisco, California, United States

Springtail is a cloud service that horizontally scales the performance of user's existing PostgreSQL database.

DatabasePaaSSoftware
Pre SeedApr 9, 2025
Amount Raised: $2,500,000
Haus

Mountain View, California, United States

Haus is a marketing science platform that helps brands understand the true business impact of their marketing spend.

AnalyticsEnterprise SoftwareMarketingTest and Measurement
Series UnknownJul 30, 2024
Amount Raised: $20,000,000
Arbital Health

Santa Rosa, California, United States

Arbital Health is a healthcare company that offers a third-party adjudication utility to help bolster outcomes-based healthcare contracts.

Health CareMedicalWellness
Series AJan 4, 2024
Amount Raised: $10,000,000
Tomato.ai

Danville, California, United States

Tomato AI is a developer of AI-based voice clarity software used for clearer and more efficient agent calls.

Artificial Intelligence (AI)Call CenterCustomer ServiceGenerative AIOutsourcingSoftware
SeedSep 5, 2023
Amount Raised: $10,000,000
Weights & Biases

San Francisco, California, United States

Weights & Biases is a developer-first MLOps platform that builds machine learning performance visualization tools.

Artificial Intelligence (AI)Data VisualizationDeveloper ToolsGenerative AIMachine LearningSoftware
Series UnknownAug 9, 2023
Amount Raised: $50,000,000
Datasaur

Sunnyvale, California, United States

Datasaur develops productive tools that design for data labelling needs.

Artificial Intelligence (AI)Data Collection and LabelingInformation TechnologyProductivity Tools
SeedAug 3, 2023
Amount Raised: $4,000,000
axodotdev

Austin, Texas, United States

The devtool company for devtool companies.

Developer ToolsDevOpsSoftware
SeedJan 1, 2023
SheetRocks

Boston, Massachusetts, United States

SheetRocks is building a new spreadsheet focused on performance and extensibility.

Service IndustrySoftware
SeedJan 1, 2023
Grafbase

San Francisco, California, United States

Grafbase is a data platform for developers that accelerates backend deployment via server-less GraphQL APIs.

Developer ToolsInformation TechnologySoftware
SeedOct 25, 2022
Amount Raised: $5,000,000
Airplane

San Francisco, California, United States

Airplane is a software development company that offers a software platform for engineers to build internal tools.

Information TechnologySoftwareSoftware Engineering
Series BSep 29, 2022
Amount Raised: $32,000,000