# Odoo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/odoo-s-a

- Industry: Software
- Headquarters: Belgium
- Website: www.odoo.com/
- Total disclosed funding: $14M
- Latest round: Series B (May 2, 2014)
- Investors on record: 3

## About

Established in 2005 and based in Belgium, Odoo S.A. provides a SaaS-based business management software platform that offers a range of open-source suites of integrated business applications. In November 2024, Odoo S.A. raised EUR 500 million in venture funding co-led by new investors CapitalG and Sequoia Capital, with participation from other new investors BlackRock, Mubadala Capital, HarbourVest Partners, AXA Venture Partners, and Alkeon Capital Management. As of April 2023, the company operates from offices in the US, Belgium, Luxembourg, India, Hong Kong, Dubai, and Mexico. The company's platform offers open-source business management software applications covering accounting, inventory, manufacturing, project management, HR (human resources), marketing, website building, product lifecycle management, and more that enables small and medium-sized enterprises to streamline operations. Some of the applications offered by the company include Odoo CRM, Odoo Sales, Odoo Accounting, Odoo WMS (Warehouse Management), Odoo HR, Odoo Project, Odoo Events, Odoo Marketing, etc. The company generates revenue by offering its products to users on a monthly or yearly subscription basis, starting at INR 570 for its Standard package and INR 870 for its Custom package.

## Funding rounds

- Series B, May 2, 2014, $10M — Sofinnova Partners, XAnge, Société Régionale d'Investissement de Wallonie
- Series A, Apr 14, 2010, $4M — Sofinnova Partners

## Investors

- Sofinnova Partners (https://capitalatlas.ai/funds/sofinnova-partners) — Series A, Series B
- XAnge (https://capitalatlas.ai/funds/xange) — Series B
- Société Régionale d'Investissement de Wallonie — Series B