Belgian unicorn Odoo raised €500 million in secondary capital led by CapitalG and Sequoia Capital, reaching a €5 billion valuation.
Amount Raised
€500 Million
Round Type
Secondary Market
Louvain-la-NeuveSoftwareAdministrative ServicesInvestors
Description
Odoo, a Belgian provider of integrated business software, has secured €500 million in secondary capital, boosting its valuation to €5 billion. The company has seen significant growth with over 13 million users and aims to exceed €650 million in billings within the next year.
Quick answer
Odoo raised €500 Million in a Secondary Market round, dated November 21, 2024. Investors: Blackrock, HarbourVest Partners, Capitalg, Mubadala Investment Company, Avp, Alkeon, Summit Partners and Noshaq. Odoo is based in Louvain-la-Neuve, Wallonie, Belgium.
- How much did Odoo raise?
- Odoo raised €500 Million in a Secondary Market round on November 21, 2024.
- Who invested in Odoo?
- Blackrock, HarbourVest Partners, Capitalg, Mubadala Investment Company, Avp, Alkeon, Summit Partners and Noshaq are named as investors in this round.
- What does Odoo do?
- Odoo is an open-source suite of integrated business applications actively programmed, supported, and organized by Odoo SA.
- Where is Odoo based and how big is it?
- Odoo is based in Louvain-la-Neuve, Wallonie, Belgium. Fundz records about 6,000 employees.
- Who are the decision-makers at Odoo?
- Fundz holds 1 contact at Odoo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Administrative Services and Software around the same time
Companies in the same sectors as Odoo that raised within 45 days of this round, from Fundz verified event records.
Who to call at Odoo, and when
A new round usually means Odoo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Odoo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Odoo, from your own LinkedIn network
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Related People
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