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
Market
Business Software
Location
Belgium
Coinvestors
CapitalG, Sequoia Capital, Alkeon, AVP, BlackRock, HarbourVest Partners, Mubadala Investment Company
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.

Links
Website
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