Riding high on open source ERP, Odoo raises $527M via secondaries lifting its valuation to $5.26B

Belgium-based Odoo decided to use open-source tools as a way to attack the enterprise resource planning (ERP) software market, going up against giants like SAP. Fast forward a couple of decades and it’s now picking up €500 million in secondary investment — or around $527M at current exchange rates — led by CapitalG (Alphabet’s venture […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Belgium-based Odoo decided to use open-source tools as a way to attack the enterprise resource planning (ERP) software market, going up against giants like SAP. Fast forward a couple of decades and it’s now picking up €500 million in secondary investment — or around $527M at current exchange rates — led by CapitalG (Alphabet’s venture […]

© 2024 TechCrunch. All rights reserved. For personal use only.

 


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