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Venture Capital News: Odeko Pulls In $53M Series D Funding Round

2023-04-18
NEW YORK, NY, Odeko, the all-in-one operations partner for independent coffee shops, cafés, and other shops, today announced that it has raised $53 million in Series D financing.
Odeko today announced that it has raised $53 million in Series D financing, bringing its total equity investment to $177 million. The round was led by existing investor B Capital and includes continued support from GGV Capital and Tiger Global Management. New investors, including Amex Ventures, KSV Global and FJ Labs, also participated in the round.

Odeko is an all-in-one operations partner that helps independent businesses save what matters most: money, time and the planet. Its smart operations software optimizes supply chain management, empowering businesses to order exactly what they need from over 400 national and local brands, delivered direct-to-fridge and shop, five to seven days a week. Odeko offers an order ahead functionality through its app and online for consumers looking to pre-order from their favorite local coffee shops and cafes. Odeko's mission is to help small businesses increase their revenue, lower their expenses, and reduce their environmental footprint.
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