OCTA Raises $3.5M Seed

OCTA, an AI-powered accounting firm, has raised $3.5 million in a seed funding round, bringing its total funding to $5.6 million. The company provides a platform that utilizes AI agents to automate complex bookkeeping, reconciliations, and month-end closing processes for accounting firms.

Investors

The funding round was led by Middle East Venture Partners. Additional participating investors include Wa’ed Ventures, Plug and Play, A-typical Ventures, Sukna Ventures, and Sadu Capital.

OCTA Use of Funds

OCTA plans to use the new capital to strengthen its AI and engineering capabilities, automate additional financial workflows, and support further market expansion into the United States.

About OCTA

Founded in 2026 by Jon Santillan and Nupur Mittal, OCTA provides an AI-driven platform designed to provide accounting firms with greater operating leverage. By automating manual financial tasks while keeping accountants in the loop for review and judgment, the company aims to empower firms to produce work more efficiently.

Funding Details

Company Website: https://weareocta.com

Company: OCTA
Raised: $3.5M
Round: Seed
Funding Date: September 17, 2026
Lead Investor: Middle East Venture Partners
Additional Investors: Wa’ed Ventures, Plug and Play, A-typical Ventures, Sukna Ventures, Sadu Capital
Software Category: Fintech
Source: https://www.fwdstart.me/p/octa-raises-3-5m-seed-led-by-mevp-as-it-expands-into-ai-agents-for-accounting-firms