Oico

Oico

Retail technology platform for construction materials. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$21—32m (Dealroom.co estimates Jan 2022.)
São Paulo São Paulo (HQ)
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DateInvestorsAmountRound

$1.5m

Seed

$1.5m

Seed
*

BRL30.0m

Seed
Total Funding$8.3m

Recent News about Oico

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Oico is a Brazilian startup that operates in the delivery management and procurement sector. The company provides a comprehensive platform designed to streamline the process of sourcing, quoting, and delivering products for businesses. Oico primarily serves corporate clients who require efficient and reliable procurement solutions. These clients range from small businesses to large enterprises across various industries.

The market Oico operates in is the B2B (business-to-business) procurement and logistics sector. This market is characterized by the need for efficient supply chain management and reliable delivery services. Oico's platform offers a full overview of deliveries, ensuring that clients can track their orders and resolve any issues that may arise during the process.

Oico's business model revolves around acting as an intermediary between businesses and suppliers. The company leverages its network of suppliers to find the best prices and ensure timely deliveries. Clients submit their procurement needs through Oico's platform, and the company handles the rest, from obtaining quotes to managing the delivery process. This service is particularly valuable for businesses looking to save time and reduce the complexity of managing multiple suppliers.

Oico makes money by charging a fee for the products purchased through its platform. While the service itself is free to use, clients pay for the goods they order. This model allows Oico to provide a valuable service without upfront costs, making it an attractive option for businesses looking to optimize their procurement processes.

In summary, Oico is a delivery management and procurement platform that simplifies the sourcing and delivery of products for businesses. It operates in the B2B market, offering a seamless and efficient solution for corporate clients. The company makes money by charging for the products ordered through its platform, providing a cost-effective and hassle-free procurement service.

Keywords: delivery management, procurement, B2B, logistics, supply chain, platform, corporate clients, suppliers, cost-effective, efficient.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.