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Odeko
Operations tools for coffee shops and cafés
- 101-200 employees
- Hospitality
- B2B
- Supply Chain
- SaaS
- Consumer Goods
- 241 Centre St, New York, NY 10013, USA
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Company mission
To help small businesses increase their revenue, lower their expenses, and reduce their environmental footprint
Insights
Otta's take
Theo Margolius
COO of Otta
Odeko is an operations partner that helps independent coffee shops and cafés save what matters most: money, time and the planet. Its operations software optimizes supply chain management and provides an order-ahead functionality through its app for consumers looking to grab coffee and food on the go. The platform saves its customers 20% on inventory and up to 10 hours a week on vendor management.
Founded in 2019 by CEO and founder Dane Atkinson, Odeko supplies 10,000 small businesses in the US's largest cities. Following several years of impressive revenue growth, it has raised a large amount of capital in a 2023 Series D round. This funding will be used to futher develop the platform, scale its operations and expand into additional cities across the USA.
Benefits
- 401K
- Equity opportunities
- Employer paid health benefits
- Fitness benefits
- Wellness programming
- Unlimited vacation
- Paid gender neutral parental leave
- Fully remote team
- Stipend for WFH set-up
- Employee Resource Groups
- Actively growing D&I initiatives
- Bi-annual reviews
- Professional growth stipend
- Personal growth programming
Company values
- Customers first
- Innovation at all levels
- Personal growth, personnel growth
- We run on data
- Real people, real respect
Funding (last 2 of 7 rounds)
Apr 2023
$53m
SERIES D
Oct 2022
$47m
SERIES C
$273m
Total funding
This company has top investors
Founders
Dane Atkinson
(CEO)Studied at The Rockefeller University and Columbia. Was CEO of Squarespace from 2007 to 2011. Acted as an Advisor at TriggerMail, JOANY and Dossier Labs. Acted as CEO of SumAll, which specialises in data analysis for small businesses, from 2011 to 2018. Is a Mentor at TechStars, an Advisor at Minerva and a Board Member at Podia. Founded Odeko in 2019.