Odoo is an open-source enterprise resource planning software company that empowers organizations of all sizes to operate with agility and precision. Odoo provides a suite of integrated tools that help companies operate with agility and precision. By simplifying complex processes and offering customizable solutions, Odoo enables businesses to focus on growth and innovation without being bogged down by administrative inefficiencies.
Odoo has raised around $527 million from CapitalG and Sequoia Capital, increasing its valuation to $5.26 billion. Additional participants include Alkeon, AVP, BlackRock, HarbourVest Partners, and Mubadala Investment Company.
Odoo, Louvain-la-neuve, Vlaams-Brabant, Belgium, was founded in 2005 by Fabien Pinckaers. In 2021, the company joined the unicorn club. As businesses worldwide prioritize agility and digital transformation, Odoo’s comprehensive platform is poised to play a crucial role in shaping the future of enterprise management. Its ability to adapt to diverse industries and evolving business needs ensures that Odoo remains at the forefront of the ERP market.
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