OCTA raises $3.5 million seed funding to expand into the Middle East financial automation market
Summary
OCTA raised $3.5 million in seed funding led by MEVP, with participation from Sukna Ventures and other investors. The company offers a no-code AI financial operations system that handles accounts receivable, accounts payable, and bank reconciliation across the cash cycle. It says its platform connects with hundreds of ERP systems, supports intelligent collections, and serves more than 900 businesses. OCTA plans to use the capital to strengthen localized delivery and expand AI agent use cases.
Funding
Amount
$3.5M
Total raised
Date
September 1, 2026
Announcement date
Investors
Sukna Ventures
Lead investors
Company
weareocta.com
Funded company
AskAI Classifications
Sectors
Fintech, Banking and Payments
HealthTech
General FinTech
Functions
Accounting and Taxes
Integrated Accounting
Linked Companies
Octa
$1M to $5M