
1 minute read
CAPITAL
from Octane Impact Report 2023
by Octane
2022 marked a significant milestone for Octane as we created our first software product - Haystax.
Octane Capital & Growth (OCG) creates greater speed to capital and revenue by providing best in class advisory services, decision intelligence, and capital connections. This addresses early-stage companies’ greatest needs—raising capital and accelerating revenue.
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Haystax is a decision intelligence tool that can predict a startup’s probability of receiving funding and becoming an operational entity with 90% accuracy.
It takes a money ball approach to evaluating startups.
We’ve commercialized the product and are servicing several customers as of December 2022. As a SaaS, data analytics, and decision intelligence company, we are able to provide these solutions on a global scale.
Several dozen people contributed to bringing Haystax to life including the OCG Advisory Board which represents entrepreneurs, strategics, and investors. Thank you to all who contributed.
As Octane Capital & Growth’s performance increases, it will create opportunities for Octane to provide more resources and fulfill our ever-expanding mission.
Growth Resources
Octane Capital & Growth continues to execute its strategy to focus on operational improvements and generation of revenue for those companies that joined the OCG platform.
The Octane Preferred Advisor (OPA) program provides companies with functional and industry expertise from over 20 advisors representing a wide breadth of service areas. Emerging companies are able to achieve their growth milestones faster and more efficiently. Key examples of growth assistance are the successful
Phase I NIH grant awarded to LaunchPad company, Remmie Health, and Phase I NIH grant and Notice of Award for Direct to Phase II to SPARK Neuro, led by Octane board member and Women Leaders of Octane Committee Chair, Marinela Gombosev. Both were awarded with the help and expertise of Octane Preferred Advisor, Superior Medical Experts.
The Octane CEO Peer Group continued to provide personal and professional development through a confidential setting among life science CEOs of noncompeting companies. Members serve as both mentors and mentees through peer issue processing and coaching.


Based on the success of the CEO Peer Group, a second Peer Group focused on Marketing Leaders was launched mid-year and has attracted top-tier marketers from leading corporations here in Orange County. Members provide and receive focused input on pressing challenges resulting in greater skills to lead their teams more effectively and grow their businesses.
