Odeko Raises $126M in Series E Funding
Summary
Odeko, a NYC-based operation and technology partner for local coffee shops, cafes, and other food and beverage businesses, raised $126M in Series E funding. The company intends to use the funds to: • accelerate growth through new services and cost savings for customers; • acquire businesses that will extend its market reach and product offerings; Led by CEO and Founder Dane Atkinson, 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. Its 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. The company currently has warehouses in 15 U.S. markets, providing local delivery to customers, and serves the rest of the country through e-commerce and other solutions. • Ken Banas joined as Chief Financial Officer; prior he held multiple leadership roles at U.S. Foods and USG.