Odoo now Unicorn thanks to new investment

ONE HUNDRED EIGHTY MILLION EURO AND AN ESTIMATED MARKET VALUE OF 2.3 BILLION

The current investors have made a new investment of €180 million in Odoo. With this investment of € 180 million, the value of Odoo is estimated at about 2.3 billion euros. The size of a unicorn.

Odoo would not be here without the community of contributors, the partner network and the open source business model.

A unique vision, employees with ambition, the large partner network and open source: an important competitive advantage


Odoo is different. Odoo is not software aimed at developers or system administrators. The users are accountants, cashiers, logistics employees, salespeople, purchasing managers, marketing employees, inventory employees, project managers, etc.

These users don't care about the software's license; for them, open source is of no value. Still, Odoo's model proved to be key in disrupting the market owned by giants, such as Microsoft, Oracle, and SAP.

10
Offices worldwide
1300+
Employees
1500+
Implementation Partners
7mln+
Users

What's next?

This transaction is nothing more than strong evidence of market confidence. Nothing changes for Odoo. The focus remains on developing a great product and making it accessible to a large number of companies. That is what counts.

Together with the partner network, Odoo has built great software. But there are still many things they can do to help your employees do more in less time.

This is just the beginning...


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