Odoo S.A. has secured a €500 million investment led by CapitalG and Sequoia Capital, raising its valuation to €5 billion and showcasing strong investor confidence in its growth and innovative software solutions for SMBs.

Target Company Overview

Odoo S.A., headquartered in Louvain-la-Neuve, Belgium, is a prominent provider of integrated business software specifically designed for small and medium-sized businesses (SMBs). Established in April 2002, Odoo has expanded its reach significantly, now boasting over 13 million users and acquiring around 7,000 new clients monthly. The company is recognized for its comprehensive suite of management software applications, which are celebrated for their intuitive and user-friendly interface. Odoo empowers businesses to enhance customer satisfaction, drive innovation, optimize operations, and scale efficiently.

With a consistent growth rate of 40% annually, Odoo anticipates surpassing €650 million in billings in the next year, with aspirations to reach €1 billion by 2027. The latest investment round has raised Odoo's valuation to €5 billion, underscoring its strong market position and financial stability despite economic challenges.

Industry Overview in Belgium

The SMB software industry in Belgium has experienced notable growth in recent years, driven by increasing digitalization and a strong emphasis on operational efficiency among businesses. Odoo's commitment to providing integrated, scalable solutions aligns well with