About Odoo
Odoo is a company based in Louvain-la-neuve (Belgium) founded in 2005 by Fabien Pinckaers. Odoo has raised $482.62 million across 6 funding rounds from investors including General Atlantic, Summit Partners and SRIW. Odoo has completed 1 acquisition, including Wakud. Odoo operates in a competitive market with competitors including JFrog, OutSystems, DigitalOcean, Heroku and Skytap, among others.
- Headquarter Louvain-la-neuve, Belgium
- Founders Fabien Pinckaers
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$482.62 M (USD)
in 6 rounds
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Latest Funding Round
Not available
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Investors
General Atlantic
& 5 more
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Employee Count
Not available
- Investments & Acquisitions
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People of Odoo
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Funding Insights of Odoo
Odoo has successfully raised a total of $482.62M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Odoo
Odoo has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include General Atlantic, Summit Partners and SRIW.
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Private equity fund focused on global markets
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Summit Partners is recognized as a growth equity investment firm.
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Buyouts are pursued by SRIW as a private equity firm.
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Investor details for Odoo
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Investments & Acquisitions by Odoo
Odoo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wakud.
Investment portfolio details for Odoo
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Biofuels are produced to reduce carbon footprints across industries.
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Complete acquisition details for Odoo
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Financial Statements - Odoo
Detailed financials for Odoo
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Odoo Comparisons
Peer comparison for Odoo
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Competitors of Odoo
Odoo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JFrog, OutSystems, DigitalOcean, Heroku and Skytap, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud based suite of devops solutions
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Low-code platform enables application development and deployment without coding.
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Cloud based integrated application development platform
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Saas based provider of integrated platform as a service solutions
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Cloud-based environments are delivered for application development and testing.
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Detailed competitors of Odoo
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Latest news on Odoo
Complete news archive for Odoo
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Frequently Asked Questions about Odoo
Odoo was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Odoo is headquartered in Louvain-la-neuve, Belgium. It is registered at Louvain-la-neuve, Walloon Brabant, Belgium.
Fabien Pinckaers is the current CEO of Odoo. They have also founded this company.
Odoo is a funded company, having raised a total of $482.62M across 6 funding rounds to date.
Open-source business management software was developed starting in 2005 in Louvain-la-Neuve, Belgium. Integrated modules are provided for customer relationship management, accounting, e-commerce, inventory, and project management. Customization is enabled through a development framework and application store. Operational processes across various business functions are managed and integrated via the platform.
Odoo's top competitors include DigitalOcean, JFrog and Heroku.
Odoo has made 1 acquisition, including Wakud.
Odoo has 6 investors. Key investors include General Atlantic, Summit Partners, SRIW, Noshaq, and Sofinnova.
The valuation of Odoo is $3.37B as of Jun 2023.