Tech Company Financing Transactions
Odoo Funding Round
Odoo, operating out of Grand-Rosière, secured $117 million in funding from Summit Partners.
Transaction Overview
Company Name
Announced On
6/8/2022
Transaction Type
Venture Equity
Amount
$117,000,000
Round
Undisclosed
Investors
Summit Partners (Lead Investor)
Proceeds Purpose
The company's vision is simple but ambitious: to streamline operations for millions of small and medium-sized enterprises, by offering accessible, affordable solutions for things like accounting, inventory, manufacturing, project management, HR, marketing, and plenty more.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Chaussée de Namur, 40
Grand-Rosière, 1367
Belgium
Grand-Rosière, 1367
Belgium
Phone
Website
Email Address
Overview
Odoo is a suite of open source business apps that cover all your company needs: CRM, eCommerce, accounting, inventory, point of sale, project management, etc. Odoo's unique value proposition is to be at the same time very easy to use and fully integrated.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 6/8/2022: Curio venture capital transaction
Next: 6/8/2022: Anagenex venture capital transaction
Share this article
News on VC Transactions
We report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs