Enterprise Software

Odoo

Odoo raises $540M Series at $5B valuation

$540M
Total Raised
Series
Latest Round
2005
Founded
3000+
Employees
Belgium
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

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources