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.

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.

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.

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.


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