Odeko Announces $53 Million Series D
New York – April 20, 2023 – Cooley advised Odeko, an all-in-one operations partner for independent coffee shops and cafes, in its $53 million Series D financing round. Partners Patrick Mitchell and Tamim Bazzi led the Cooley team.
The Series D financing round brings Odeko’s total equity investment to $177 million. Existing investors B Capital, GGV Capital and Tiger Global Management – along with new investors Amex Ventures, KSV Global and FJ Labs – contributed to the financing. Proceeds from the funds will be used to invest in Odeko’s platform technology, scale its operations and enter new markets.
Odeko is a comprehensive operations partner that helps independent businesses save what matters most: money, time and the planet. Its smart operations software optimizes supply chain management, empowering businesses to order exactly what they need from more than 400 national and local brands, with direct delivery five to seven days a week.
About Cooley LLP
Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.
Cooley has nearly 1,400 lawyers across 18 offices in the United States, Asia and Europe, and a total workforce of more than 3,000.
This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.