We have important news! Odoo announced a strategic investment of €150 million, in collaboration with General Atlantic to boost its global growth.

We are excited about the strategic investment General Atlantic has made to strengthen Odoo's leadership in the enterprise software market!

Today.- Odoo; One of the main ERPs on the market (We don't say it, the characteristics of what it offers compared to other software say it “Look here”) and unique for its open source-based solution with integrated applications for any size of the company and in any industry, has made an important announcement:

Odoo S.A. announces a €150 M investment

from General Atlantic to contribute to continued global growth.

Read here

Odoo revealed that General Atlantic, a renowned global private equity firm, carried out a strategic investment of approximately €150m. This collaboration aims to boost the growth of Odoo globally.

Do you know what Odoo is?

We give you a little context: company founded in Belgium in 2002 by “Fabien Pinckaers” CEO at Odoo, Odoo has stood out in the global business productivity software market. Thanks to its "open source" and "all in one" philosophy, It has also allowed a community of developers like us together, we create over 40,000 applications on the software, spanning business functions from accounting, sales, manufacturing, HR, IoT, marketing. among many others. Everything is in one place allowing businesses to automate commercial, operational, and administrative processes with specialized solutions for each type of company. This approach in which we offer an integrated suite has allowed companies to consolidate Odoo as one of the most viable alternative software providers for implementation at an affordable price.

With 16 offices around the world serving more than 50,000 clients in more than 200 countries, Odoo is strategically positioned to take advantage of growth opportunities in the ERP market, with an estimated reach of 90,000 billion dollars by the year 2029.

Fabien Pinckaers, founder and CEO of Odoo, expressed his pride in the achievements made by the company. He highlighted that Odoo offers a wide range of software applications that meet the unique needs of any business, while constantly continuing to innovate.

Fabien Pinckaers • Odoo CEO

The Partnership with General Atlantic, underpinned by the company's global experience and focus on software, will have a significant impact as Odoo focuses on achieving continued strategic growth globally.

believes in the differential value that Odoo offers to companies around the world, as well as in the global network of partners and the company's commitment to product innovation"
He highlighted that Odoo provided a valuable and integrated suite that entrepreneurs can enjoy at a fraction of the cost of other solutions. In that, they hope to support the Odoo team to seize growth opportunities in the global market.

Tom Hussey• Director of General Atlantic.

Damien Lourtie, CFO of Wallonia entreprendre a member of Odoo's board of directors, commented that Odoo goes beyond being a simple ERP and has the potential to become a world leader.

Damien Lourtie• Financial Director Wallonie Entreprendre.

In summary, the announcement of the strategic investment of approximately €150 million by General Atlantic in Odoo S.A. marks an essential milestone in the growth of this leading enterprise software company. The partnership between both companies will strengthen Odoo's leadership position in the SMB market while boosting its global expansion. With its innovative approach, a wide range of integrated business applications, and an open philosophy, Odoo positions itself as an affordable and effective solution for the needs of SMBs, giving entrepreneurs the opportunity to consolidate their software providers. This strategic investment supports Odoo's vision to continue to offer comprehensive and quality solutions while seizing opportunities in the ever-growing market for enterprise resource planning (ERP) systems.

At Vauxoo we are committed to Odoo as the only tool and service we have been offering for more than 12 years., being recognized by Odoo as the best partner in Latin America, for our experience implementing and developing solutions to adapt the system to the needs of any company.