Odoo logo — Making companies a better place. One app at a time.

Odoo

Making companies a better place. One app at a time.

Founded 2005 Belgium Belgium 8865 employees Post IPO Total: $1.57B

General Information

Company Name Odoo
Founded Year 2005
Location Belgium Belgium
Employees 8865
Funding Stage Post IPO
Business Model SaaS, Open Source, Platform
Revenue Model Subscription, Freemium, Service Fee

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AI Insight

Bounce Watch AI
1 month ago

Odoo recently underwent a significant 60.75% website update in September 2026, signaling a strategic refresh of its market presence, product presentation, or overall branding. This dynamic change likely follows continuous strong investor interest, evidenced by an undisclosed secondary market investment in January 2026 and a major €500M round in late 2024. The updates suggest the company is leveraging recent capital inflows to further its global market penetration for its integrated open-source business applications.

Signal Types
Funding Marketing Product
Strategic Labels
Market Repositioning Post-IPO Growth Digital Strategy
Next Move: Expansion
·
Impact: 8/10
·
Ideal For: SaaS & ERP Growth Equity — Late-Stage/Public Market

About Odoo

Odoo, founded in 2005 and headquartered in Belgium, is making waves in the world of integrated business applications with its open-source suite. The company's slogan, "Making companies a better place. One app at a time," reflects its mission to streamline business processes through innovative software solutions.

Odoo SA, the force behind Odoo, operates in an ecosystem of over 1,500 active community members who have contributed more than 4,500 modules. Its network of certified partners, present in over 120 countries, ensures localized deployment of their solutions. Downloads surpass 1,500 daily, underscoring its global appeal as a popular choice among business suites.

Renowned as a formidable alternative to giants like SAP ERP, Oracle E-Business Suite, and Microsoft Dynamics, Odoo’s diverse app array—from CRM to WMS—is fully integrated, providing versatile solutions for varied business needs. A notable achievement includes securing an investment from General Atlantic in the Secondary Market as of 01 January 2026.

Business keywords: Business Applications, Open Source Software, Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Point of Sale (POS), Warehouse Management, Human Resource Management, Accounting Software, E-commerce Solutions, Project Management, Content Management System (CMS), Integrated Business Applications, Retail Solutions, Global Partner Network

Services & Products

Business Application Development
Software Integration
Data Management
Cloud Hosting
Customization and Development via Odoo.sh
Community Support and Development

Target Customers

Micro Businesses Small and Medium Enterprises (SMEs) Retailers Restaurants Manufacturing Companies Hospitality Industry Real Estate Firms Consultancies

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market Undisclosed 1
General Atlantic
01 Jan 2026
Secondary Market €500.00M 7
CapitalG, HarbourVest Partners +5
01 Nov 2024
Secondary Market €500.00M 7
CapitalG, HarbourVest Partners +5
01 Nov 2024
Secondary Market €150.00M 1
General Atlantic
01 Jun 2023
Secondary Market €112.00M 1
Summit Partners
01 Jun 2022
Secondary Market $215.00M 1
Summit Partners
01 Jul 2021
Secondary Market €81.81M 1
Summit Partners
01 Dec 2019
Series B $10.00M 2
Sofinnova Partners, XAnge
01 May 2014
Series A €3.00M 1
Sofinnova Partners
01 Feb 2010

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FAQ About Odoo

Making companies a better place. One app at a time.
Odoo was founded in 2005.
Odoo is headquartered in Belgium.
Odoo has a SaaS, Open Source and Platform business model. Its revenue comes from Subscription, Freemium and Service Fee.
Odoo has approximately 8865 employees.
Odoo has completed 9 funding rounds, raising a total of $1.57B. The latest funding stage is Post IPO.
Odoo offers: Business Application Development, Software Integration, Data Management, Cloud Hosting, Customization and Development via Odoo.sh, Community Support and Development.
Top alternatives and competitors to Odoo include Mikro Yazılım A.Ş., Zeus Tecnología S.A., Bytize Technology Solutions, Bond Consulting Services, Retail Directions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Odoo and Mikro Yazılım A.Ş. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Odoo, https://bouncewatch.com/company/odoo, updated 9 September 2026. When citing, please name BounceWatch and link this page.

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