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Odeko Inc. announced it raised $11.7 Million in an initial filing from an offering of $11.8 Million

Aug 17, 2020over 5 years ago

Amount Raised

$11.7 Million

New YorkOther

Company Information

Company

Odeko

Location

247 CENTRE STREET

New York, New York, United States

About

Odeko is an all-in-one operations and technology partner to more than 17,000 independent F&B businesses, including coffee shops, cafes and other food establishments. Through the Odeko portal, customers can purchase supplies from hundreds of national and local brands, track ordering trends, finance equipment, and access insurance. Customers that use Odeko can increase their revenue, reduce their environmental footprint, and save significantly on their cost of goods and time spent on vendor management. Odeko currently has warehouses in 16 major U.S. markets, providing local delivery to customers, and serves the rest of the country through e-commerce and other solutions. Odeko has raised more than $280 million in equity and is backed by leading venture capital firms, including B Capital, Balius Partners, Era Funds, FJ Labs, KSV, Tiger Global Management, Two Sigma Ventures, and Primary Ventures, among other strategic partners.

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Funding Insights

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech