Odeko, a New York, NY-based provider of all-in-one operations software for food and beverage businesses, has raised $126 million in Series E funding.
Investors
The round comprises $96 million in equity led by B Capital and a $30 million credit facility from Banc of California. To date, Odeko has raised over $280 million in equity.
B Capital is an investment firm built to support early- to late-stage innovators carving new paths in technology, healthcare, climate, and beyond. Founded in 2015, the firm has a global presence with offices in Manhattan Beach, California; New York City; San Francisco; Los Angeles; Singapore; Beijing; and Hong Kong.
Odeko Use of Funds
The company will use the funds to fuel growth through new services, acquire businesses to expand its market reach, and strengthen its leadership team to support ongoing expansion.
About Odeko
Odeko provides mobile ordering and supply chain management software to help small and mid-size food and beverage businesses increase revenue, reduce expenses, and lower their environmental footprint. Its platform allows customers to purchase supplies, track ordering trends, finance equipment, and save on costs. The company serves over 14,000 independent food and beverage businesses, including coffee shops, cafes, and other establishments. With warehouses in 15 U.S. markets, Odeko also serves the rest of the country through e-commerce.
Funding Details
Company: Odeko, Inc.
Raised: $126M
Round: Series E
Funding Date: March 4, 2025
Lead Investor: B Capital
Additional Investors: Banc of California
Company Website: https://odeko.com/
Software Category: Business Operations
Source: https://www.businesswire.com/news/home/20250304733369/en/