Overview

Odeko helps small businesses, particularly independent coffee shops, streamline their operations with an all-in-one dashboard for ordering and vendor management, saving clients an average of 10 hours per week. By consolidating deliveries, Odeko reduces carbon emissions by 66% and enables clients to save 21% on the cost of goods sold, potentially increasing their annual profits by 5%. Unlike competitors, Odeko focuses on empowering small to medium-sized businesses with a subscription-based service that enhances efficiency while preserving their unique qualities. The company's goal is to support its customers' success through a customer-first approach and a commitment to innovation.

Simplify's Take

What believers are saying

• Odeko raised $126M in Series E funding, enhancing growth and innovation.
• The rise of ghost kitchens offers new opportunities for Odeko's integrated solutions.
• Digital transformation in small businesses aligns with Odeko's operational streamlining services.

What critics are saying

• Increased competition from Dripos could threaten Odeko's market share.
• Integration of Butter Insurance may divert focus from core operations.
• Ghost kitchens trend may shift market dynamics, impacting Odeko's client base.

What makes Odeko unique

• Odeko's platform saves clients 10 hours weekly by streamlining vendor management.
• The company reduces carbon emissions by 66% through consolidated deliveries.
• Odeko's bulk purchasing power saves clients 21% on goods, boosting profits by 5%.

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Funding

Total Funding

$399M

Above

Industry Average

Funded Over

8 Rounds

Notable Investors:

Tiger GlobalY CombinatorBoxGroupFirst Round Capital

Notable Investors:

Tiger GlobalY CombinatorBoxGroupFirst Round Capital

$96,000,000

Series E

Mar 2025

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.

Series E Funding Comparison

Meet Average

Industry standards

Ind Avg. $100M

$30M

$96M

$245M

$250M

$1250M

$1500M

View all funding stages