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
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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
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Investors
General Atlantic
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(01 Jan 2010)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series F - Odoo | Valuation |
investors |
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| Jun, 2023 | Amount | Series E - Odoo | Valuation | General Atlantic |
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| Jul, 2021 | Amount | Series D - Odoo | Valuation | Summit Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Buyouts are pursued by SRIW as a private equity firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Odoo
Odoo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wakud. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| 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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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Odoo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Odoo Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud based suite of devops solutions
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| domain | founded_year | HQ Location |
Low-code platform enables application development and deployment without coding.
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| domain | founded_year | HQ Location |
Cloud based integrated application development platform
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| domain | founded_year | HQ Location |
Saas based provider of integrated platform as a service solutions
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| domain | founded_year | HQ Location |
Cloud-based environments are delivered for application development and testing.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Odoo
Frequently Asked Questions about Odoo
When was Odoo founded?
Odoo was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is Odoo located?
Odoo is headquartered in Louvain-la-neuve, Belgium. It is registered at Louvain-la-neuve, Walloon Brabant, Belgium.
Who is the current CEO of Odoo?
Fabien Pinckaers is the current CEO of Odoo. They have also founded this company.
Is Odoo a funded company?
Odoo is a funded company, having raised a total of $482.62M across 6 funding rounds to date. The company's 1st funding round was a Series D of $215M, raised on Jan 01, 2010.
What does Odoo do?
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.
Who are the top competitors of Odoo?
Odoo's top competitors include DigitalOcean, JFrog and Heroku.
How many acquisitions has Odoo made?
Odoo has made 1 acquisition, including Wakud.
Who are Odoo's investors?
Odoo has 6 investors. Key investors include General Atlantic, Summit Partners, SRIW, Noshaq, and Sofinnova.
What is Odoo's valuation?
The valuation of Odoo is $3.37B as of Jun 2023.
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