Oico
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Oico was a São Paulo, Brazil-based online marketplace for the management of construction materials. Its platform helped manage orders and provided price-and-quote services, invoicing, and order tracking — along with making deliveries and processing payments — to improve clients' product availability and purchasing experience. Founded in 2019, it had 60 employees as of 2023 and raised through multiple rounds: a $369,000 seed in March 2020, an accelerator tranche, early-stage VC rounds in February 2021 and January 2022, and a secondary private transaction in June 2023. Its profile records its status as 'Out of Business' as of April 8, 2024. No shutdown announcement, failure reasons, or acquisition details were publicly documented.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Oico was founded in São Paulo as an online marketplace for managing construction materials.
- Seed round
In March 2020, Oico raised a $369,000 seed round.
- Early-stage VC
Oico closed an early-stage VC round in January 2022.
- Out of business
On April 8, 2024, Oico's profile records its status as 'Out of Business'.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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