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We're thrilled to share the news that Summit-backed Odoo, a leading provider of integrated business software, has secured a €500 million investment led by CapitalG and Sequoia Capital, with support from BlackRock, Mubadala, HarbourVest Partners, AXA Venture Partners, and Alkeon Capital. Odoo is growing rapidly and profitably, serving more than 13 million users today and adding 7,000 each month. This transaction highlights the company’s continued momentum in reshaping the business software landscape with innovative, accessible solutions for companies worldwide. We’ve proudly supported Odoo since 2019, and we look forward to continuing our partnership as we welcome new investors in supporting the company's exciting growth trajectory. Congratulations to founder and CEO Fabien Pinckaers and the entire Odoo team on this?milestone! https://lnkd.in/eu9Kf-WR

Odoo S.A. announces a €500 million transaction, increasing the Belgian Unicorn’s valuation to €5 billion

Odoo S.A. announces a €500 million transaction, increasing the Belgian Unicorn’s valuation to €5 billion

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