What is Odeko?
Odeko operates an integrated platform designed to manage essential business functions for independent food and beverage businesses. The platform centralizes critical areas such as supply procurement, vendor relationships, equipment financing, and insurance. By consolidating these operational facets into a single, streamlined system, Odeko empowers businesses to enhance efficiency, reduce administrative overhead, and achieve better cost management, thereby optimizing their overall operational performance.
How much funding has Odeko raised?
Odeko has raised a total of $386.1M across 6 funding rounds:
Series A
$12M
Series B
$70M
Series C
$77M
Series D
$53M
Series E
$126M
Private Equity
$48.1M
Series A (2020): $12M with participation from Addition Ventures, BoxGroup, First Round Capital, Two Sigma Ventures, LP, GGV Capital, and Primary Venture Partners
Series B (2021): $70M led by Gaingels, JPMorgan Chase, 8090 Partners, B Capital Group, Bar 9 Ventures, GGV Capital, I2BF Global Ventures, Primary Venture Partners, Tech Pioneers Fund, and Balius Partners
Series C (2022): $77M supported by Tiger Global Management and JPMorgan Chase
Series D (2023): $53M featuring B Capital Group, GGV Capital, and Tiger Global Management
Series E (2025): $126M backed by B Capital Group and Banc of California
Private Equity (2025): $48.1M, investors not publicly disclosed
Key Investors in Odeko
B Capital Group
B Capital is a venture capital firm that focuses on empowering entrepreneurs by investing in early and late-stage companies within the Technology, Healthcare, and Climate sectors. With over $8 billion in assets under management and a portfolio comprising more than 190 companies, B Capital aims to support founders throughout the company-building lifecycle.
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
GGV Capital
Co-founded in Silicon Valley and Singapore in 2000, GGV Capital is a global venture firm that invests in local founders. With billions under management, with investments across the globe, As a multi-stage, sector-focused firm, GGV Capital invests in seed-to-growth stage companies across three sectors: Social/Internet, Enterprise Tech, and Smart Tech.
What's next for Odeko?
With substantial backing, Odeko is poised for accelerated expansion and further platform development. The company's strategic investments suggest a focus on enhancing its technological capabilities and broadening its market reach within the fragmented food and beverage service industry. Future initiatives are likely to involve deepening integrations with key suppliers and financial institutions, as well as expanding its suite of operational tools to address emerging industry needs, solidifying its position as a comprehensive partner for independent establishments.
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