When was Odoo founded?

Odoo was founded in 2005 and became a unicorn in 2021, reaching the milestone in 16 years. It raised its 1st funding round 5 years after its incorporation.

Where is Odoo located?

Odoo is headquartered in Louvain-la-neuve, Belgium. It is registered at 13, Boulevarden, Odder, 8300.

Who is the current CEO of Odoo?

Fabien Pinckaers and Hector Farías s of Odoo. Fabien Pinckaers has also founded 2 companies.

How many employees does Odoo have?

As of Mar 31, 2026, the latest employee count at Odoo is 8316.

Is Odoo a funded company?

Odoo is a funded company, having raised a total of $483M across 5 funding rounds to date. The company's 1st funding round was a $4.19M Series A round, raised on Jan 2010.

How much is Odoo worth?

The latest valuation of Odoo is $5.3B as of Nov 20, 2024.

When was the latest funding round of Odoo?

Odoo's latest funding was a $163M Series E round on Jun 26, 2023, with participation from 1 investor. Its primary sector is Open Source. In Belgium, the Open Source sector has seen $13M in funding in 2026 to date.

Is Odoo a Open Source company?

The primary sectors of Odoo are Open Source and Enterprise Resource Planning.

Where does Odoo rank among its competitors?

Odoo ranks 19th amongst 6948 active competitors, of which 407 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Pennylane, which secured $205M in Jan, 2026.

Who are the top competitors of Odoo?

Odoo's top competitors include HubSpot, Salesforce and Freshworks. Among them, Pennylane secured the most recent funding round in January, 2026.

Odoo - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of open-source enterprise resource planning and customer relationship management. The business provides integrated applications, including accounting, sales, inventory, and project management. The software is customizable through a development model, offering various modules. The business provides support and services through a partner network.

Website: www.odoo.com/
Social
Email ID: *****@odoo.com
Phone Number: +32 **********
Registered Address: 13, Boulevarden, Odder, 8300

Key Metrics

Founded Year

2005

Location

Louvain-la-neuve, Belgium

Stage

Series E

Total Funding

$483M in 5 rounds

Latest Funding Round

Series E, Jun 26, 2023, $163M

Post Money Valuation

$5.3B as on Nov 20, 2024

Investors

Summit Partners & 11 more

Ranked

19^th among 6948 active competitors

Employee Count

8,316 as on Mar 31, 2026

Similar Companies

Frappe Technologies & 122 more

View Odoo's full profile

Odoo is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Odoo House ApS CIN: 37853208 , Denmark, Active	Jul 04, 2016	-	2 (As on Dec 31, 2018)
ODOO CIN: 949064505 , France, Active	Feb 28, 2023	-	1188 (As on Dec 31, 2024)	-
ODOO SA CIN: 4911927 , Belgium, Active		-	-	-

Odoo has raised a total funding of $483M over 5 rounds. Its first funding round was on Jan 2010. Its latest funding round was a Series E round on Jun 26, 2023 for $163M. 1 investor participated in its latest round. Odoo has 12 institutional investors.

Here is the list of recent funding rounds of Odoo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 26, 2023	$163M	Series E	$3.37B	-	General Atlantic	-
Jul 29, 2021	$215M	Series D	$2.3B	-	Summit Partners	-
Dec 17, 2019	$90M	Series C	-	-	Summit Partners	SRIW, Noshaq

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View details of Odoo's funding rounds and investors

The founders of Odoo are Fabien Pinckaers and M Rosan. Fabien Pinckaers and Hector Farías are the CEOs of Odoo.

Here are the details of Odoo's key team members:

Fabien Pinckaers: Co-Founder & Co-CEO of Odoo and founder of 2 other companies, Odoo ERP and AdSpike.
M Rosan: Co-Founder of Odoo.
Hector Farías: Co-CEO of Odoo.

View details of Odoo's Founder profiles and Board Members

Odoo's employee count trend

Odoo has 8,316 employees as of Mar 26. Here is Odoo's employee count trend over the years:

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Top competitors of Odoo include HubSpot, Salesforce and Freshworks. Here is the list of Top 10 competitors of Odoo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	HubSpot 2005, Cambridge (United States), Public	Provider of a platform offering marketing, sales, and customer service software	$101M	Cross Creek, General Catalyst & 22 others	88/100
2nd	Salesforce 1999, San Francisco (United States), Public	Provider of a platform delivering customer relationship management and cloud solutions	$52M	Emergence Capital, New Enterprise Associates ... & 36 others	87/100
3rd	Freshworks 2010, Chennai (India), Public	Provider of IT service management and customer support solutions	$400M	Accel, Tiger Global Management & 8 others	84/100
4th	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Alcor Fund, Shasta Ventures & 25 others	83/100
5th	The Access Group 1991, Loughborough (United Kingdom), Acquired	Developer of business management software for finance human resources payroll	$1.49B	Hg, Lyceum Capital & 21 others	82/100
6th	Visma 1996, Oslo (Norway), Acquired	Developer of cloud software for business management and accounting tasks	$198M	GIC, Norges Bank Investment Management & 26 others	82/100
7th	SpotOn 1999, San Francisco (United States), Series F	Point-of-sale systems and business software solutions for restaurants and small businesses	$923M	Andreessen Horowitz, Dragoneer Investment Group ... & 17 others	78/100
8th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	DST Global, Sequoia Capital & 9 others	77/100
9th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	77/100
10th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Opus Incertum, 3S Beteiligungs & 23 others	77/100
19th	Odoo 2005, Louvain-la-neuve (Belgium), Series E	Developer of open-source enterprise resource planning and customer relationship management	$483M	CapitalG, Summit Partners & 10 others	71/100