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#355 by ARRGrand-Rosière (Ramillies), Belgiumodoo.com ↗

Odoo

Belgian open-source suite of integrated business apps (ERP, CRM, accounting, e-commerce, inventory, website) sold mainly to SMEs and mid-market companies worldwide.

ARR
$552M revenue (est.)
as of Oct 2026
Employees
7.6K
as of Oct 2026
Valuation
$7B
13× ARR
ARR / employee
$73K
revenue efficiency
About Odoo

Odoo SA makes Odoo, a modular business management suite. It comes as a free LGPL Community edition and a paid, proprietary Enterprise subscription, and is sold directly and through thousands of partners to more than 170,000 paying customers in about 180 countries. Fabien Pinckaers started it in 2005 as TinyERP. It was renamed OpenERP in 2008 and became Odoo in 2014. Odoo expected about €650M in billing revenue in 2025, with ARR up 42%, and about €900M in 2026, up 45%; it is profitable and aims for €1B by 2027. A January 2026 secondary deal valued it at roughly $8.1B (over €7B).

Top 100 SaaS by revenue (GetLatka). A SaaS company retooling its product to be AI-native.

Investors · 13

LeadGeneral AtlanticPrivate equity12 partners on file
BoardSummit PartnersPrivate equity· Antony Clavel (Managing Director at Summit Partners)3 partners on file
BoardSummit PartnersPrivate equity· Nik Ohri (Principal at Summit Partners)3 partners on file
BoardSummit PartnersPrivate equity· Han Sikkens (Managing Director and Head of Europe at Summit Partners)3 partners on file
BoardWallonie Entreprendre (formerly SRIW)Venture capital· Damien Lourtie (CFO of Wallonie Entreprendre)
InvestorAlkeon CapitalVenture capital3 partners on file
InvestorAVPVenture capital15 partners on file
InvestorBlackRockAsset manager / other1 partner on file
InvestorCapitalGCorporate28 partners on file
InvestorHarbourVest PartnersVenture capital186 partners on file
InvestorMubadala Investment CompanySovereign fund3 partners on file
InvestorNoshaqVenture capital
InvestorSequoia CapitalVenture capital93 partners on file
InvestorSofinnova PartnersVenture capital
InvestorSummit PartnersPrivate equity3 partners on file
InvestorXAngeVenture capital3 partners on file
347 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

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