Odeko

Odeko

Streamlines operations for independent coffee shops

About

Odeko offers a dashboard that helps small businesses, particularly independent coffee shops, manage their operations more efficiently by simplifying ordering and vendor management. This service saves clients an average of 10 hours per week and reduces carbon emissions by 66% through consolidated deliveries. Odeko's bulk purchasing power allows clients to save 21% on costs, leading to a potential 5% increase in annual profits. The company aims to empower small businesses while fostering a customer-first approach and promoting innovation through diversity.

Company Stage

Series D

Employees

51-200

Industries

Food & Agriculture, Consumer Goods

Total Funding

$265.6M

Headquarters

New York City, New York

Founded

2019


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Simplify's Take

What believers are saying

  • Odeko's $53M Series D funding supports further expansion and innovation.
  • Expansion into Miami, Portland, and Dallas shows a successful growth strategy.
  • Partnerships with Tiny Mile and Espresso State of Mind enhance service offerings.

What critics are saying

  • Emerging competitors like Dripos threaten Odeko with integrated solutions.
  • Ghost kitchens may shift market dynamics, impacting Odeko's traditional clients.
  • Reliance on third-party collaborations poses risks if partnerships underperform.

What makes Odeko unique

  • Odeko offers a unique all-in-one dashboard for small business supply chain management.
  • The platform reduces carbon emissions by 66% through consolidated deliveries.
  • Odeko's leadership includes experienced professionals from Starbucks and WeWork.

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Growth & Insights
Headcount

6 month growth

15%

1 year growth

15%

2 year growth

15%

Benefits

Competitive salaries

401K

Equity opportunities

Comprehensive and affordable medical, dental, and vision benefits. HSA, FSA available

Fitness benefits

Wellness programming

Unlimited vacation

Paid gender neutral parental leave

Fully remote team

Stipend for WFH set-up

Employee Resource Groups

Actively growing D&I initiatives

Bi-annual reviews

Professional growth stipend

Personal growth programming

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