Odeko, the all-in-one operation and technology partner for thousands of local coffee shops, cafes, and other food and beverage businesses, today announced it has raised $126 million in Series E funding, comprised of $96 million in equity led by B Capital and a $30 million credit facility from Banc of California. Odeko exists to ensure small and mid-size food businesses have a platform that will support their growth and enable them to compete successfully alongside large global brands. Landing amidst particularly challenging macroeconomic conditions for small business owners, this funding will bolster Odeko's support to its thousands of partners and help expand their offerings.

Odeko is an all-in-one operations and technology partner to more than 14,000 independent F&B businesses, including coffee shops, cafes and other food establishments. Through the Odeko portal, customers save significantly on their cost of goods and time spent on vendor management. Odeko customers can order exactly what they need from hundreds of national and local brands, delivered direct-to-fridge and shop, up to seven days a week. Odeko currently has warehouses in 15 major U.S. markets, providing local delivery to customers, and serves the rest of the country through e-commerce and other solutions.