Odoo (Secondary Investment)
Funding Details
- Awarder
- Inbox
- Date Award
- November 20, 2024
- Vertical
- Enterprise Resource Planning (ERP)
- Funding URL
- View Funding Page
- Premoney Valuation
- $3,200,000,000
- Valuation
- $5,260,000,000
- Funding Amount:
- $527,000,000
Company Info
- Founding Year
- 2002
- Traction
- Odoo has over five million users and is projected to exceed €650 million in billings in the next 12 months, aiming for €1 billion by 2027.
- Founders
- Fabien Pinckaers
- Company Description
- Odoo is an open source ERP software company that provides a suite of business applications including accounting, CRM, manufacturing, and marketing. It has over five million users and is known for its unique value proposition in the ERP market.
- Market
- Business Software
- Location
- Belgium
- Coinvestors
- CapitalG, Sequoia Capital, Alkeon, AVP, BlackRock, HarbourVest Partners, Mubadala Investment Company