How Much Did Odette Raise?
Funding & Key Investors

Odette, a notable neighborhood eatery and shop situated in historic downtown Florence, Alabama, has secured significant capital, with total funding reaching $421K. The company recently announced a major strategic investment of $271K, underscoring its robust growth trajectory and market position in the culinary sector. This latest financing round follows previous debt financing, indicating a strategic shift towards scaling operations or expanding its service offerings.

What is Odette?

Odette
HospitalityRestaurant Reservations

Odette distinguishes itself as a contemporary dining establishment and retail space, focusing on elevated American cuisine infused with southern and international flavors. The eatery prioritizes the use of locally and sustainably sourced ingredients, presenting a menu that appeals to both local patrons and visitors seeking a unique gastronomic experience. Beyond its in-house dining, Odette extends its services to include comprehensive catering solutions and a curated selection of gift items, broadening its revenue streams and market reach. The company's commitment to quality and its multifaceted business model position it as a key player in its local market.

How much funding has Odette raised?

Odette has raised a total of $421K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$271K

Debt (2020): $150K with participation from PPP

Debt (2021): $271K led by PPP

What's next for Odette?

With the recent influx of $271K in a major strategic investment, Odette is poised for significant expansion and operational enhancement. This large-scale late-stage funding suggests a strategic focus on scaling its business model, potentially through expanding its physical footprint, enhancing its catering division, or developing new product lines. The company's ability to attract substantial capital in its current lifecycle stage points to strong investor confidence in its unique concept and its capacity for sustained growth. Future developments are likely to center on solidifying its market leadership in Florence, Alabama, and potentially exploring avenues for broader regional impact.

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Frequently Asked Questions Regarding Odette Financial Insights

What are the most recent funding rounds that Odette has completed, and what were the funding rounds?
Odette has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Odette has raised to date?
Odette has raised a total of $421K in funding to date.
How many funding rounds has Odette completed?
Odette has completed 2 funding rounds.
How much funding did Odette raise in its most recent funding round?
Odette raised $271K in its most recent funding round.
Who are the lead investors in Odette's latest funding round?
The lead investor in Odette's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Odette's history?
The largest funding round in Odette's history was $271K.
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