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Enterprise Software

Odoo

Odoo raises $540M Series at $5B valuation

$540M
Total Raised
Series
Latest Round
2005
Founded
3000+
Employees
Belgium
Updated November 20, 2024
1 min read

Quick Facts

Valuation
$5B
Latest Round Size
$540M
Latest Round Date
November 2024

Odoo: Series Funding Round

Odoo has successfully raised $540M in Series funding, reaching a valuation of $5B.

Company Overview

Develops comprehensive open-source business management software suite

Funding Details

The Series round was led by Summit Partners, with participation from Sequoia Heritage.

Company Information

  • Headquarters: Belgium
  • Founded: 2005
  • Employees: 3000+
  • Category: Enterprise Software

Investment

Odoo plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Summit Partners: Verified investor in Series
  • Sequoia Heritage: Verified investor in Series

Key Investors

Summit Partners
Lead Investor
Verified investor in Series
Sequoia Heritage
Investor
Verified investor in Series

Topics

verified(3079)real-funding(3079)odooenterprise softwareseriesbelgium

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources

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