# Odoo funding: rounds and investors > Odoo has raised $631M across 4 rounds since 2010. Investors include Sofinnova Partners, Sequoia Capital and CapitalG. Every round with its source. Source: https://millionrounds.com/company/odoo (Millionrounds; every figure on the page links to its filing or article) Belgium · [Funded startup](https://millionrounds.com/companies) # Who invested in *Odoo* 4 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Enterprise Software Open Source SaaS Valuation: $8.1B, Mar 2026 Follow Odoo and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fodoo) Funding summary Updated 5 Nov 2026 **$631M** raised across 4 rounds since 2010, from 5 sources **$4.1M** Series A **$10M** Series B **$90M** Round **$527M** Round - **Latest round:** Round, $527M Nov 2024 - **Led by:** Sequoia Capital and CapitalG - **Step-up i:** 5.9× - **Investors:** 11 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2010 2012 2014 2016 2018 2020 2022 2024 **$4.1M** Series A **$10M** Series B **$90M** Round **$527M** Round - **First round:** Series A, $4.1M - **Biggest round:** $527M - **Usual gap between rounds:** 4.9 years ## The rounds - **Nov 2024** Round **$527M** *7 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) Lead [CapitalG](https://millionrounds.com/fund/capitalg) Lead [BlackRock](https://millionrounds.com/fund/blackrock) [AVP](https://millionrounds.com/fund/avp-2) [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) [Mubadala](https://millionrounds.com/fund/mubadala) [Alkeon](https://millionrounds.com/fund/alkeon) Reported by TechCrunch and 1 other - **Dec 2019** Round **$90M** *1 new* [Summit Partners](https://millionrounds.com/fund/summit-partners) Reported by TechCrunch - **May 2014** Series B **$10M** *2 new* *1 returning* [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) [XAnge](https://millionrounds.com/fund/xange) [S.R.I.W.](https://millionrounds.com/fund/sriw) From a historical funding record - **Feb 2010** Series A **$4.1M** *1 new* [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) Reported by fptiny.blogspot.com ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2010 **Series B** 2014 **Round** 2019 **Round** 2024 [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) L [CapitalG](https://millionrounds.com/fund/capitalg) L [Summit Partners](https://millionrounds.com/fund/summit-partners) [BlackRock](https://millionrounds.com/fund/blackrock) [XAnge](https://millionrounds.com/fund/xange) [AVP](https://millionrounds.com/fund/avp-2) [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) [Mubadala](https://millionrounds.com/fund/mubadala) [S.R.I.W.](https://millionrounds.com/fund/sriw) ## Everyone who backed them [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) VC firm **2** rounds [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round, led 1 [CapitalG](https://millionrounds.com/fund/capitalg) Corporate VC **1** round, led 1 [Summit Partners](https://millionrounds.com/fund/summit-partners) Private equity **1** round [BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round [XAnge](https://millionrounds.com/fund/xange) VC firm **1** round [AVP](https://millionrounds.com/fund/avp-2) Investment firm **1** round [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) Fund of funds **1** round [Mubadala](https://millionrounds.com/fund/mubadala) Private equity **1** round [S.R.I.W.](https://millionrounds.com/fund/sriw) Government **1** round [Alkeon](https://millionrounds.com/fund/alkeon) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=odoo). ## Also claim to have backed them These 4 firms list Odoo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Alkeon Capital](https://millionrounds.com/fund/alkeon-capital) VC firm Per its own site [DAA Ventures](https://millionrounds.com/fund/daa-ventures) VC firm Per its own site [Innowise](https://millionrounds.com/fund/innowise) Investment firm Per its own site [c-f2](https://millionrounds.com/fund/c-f2) Family office Per its own site ## Quick answers about Odoo ### Who invested in Odoo? Odoo's investors include Sofinnova Partners, Sequoia Capital, CapitalG, Summit Partners and BlackRock, and 6 more on record. Sequoia Capital led its latest round. ### How much has Odoo raised? Odoo has raised $631M across 4 rounds since 2010. ### When did Odoo last raise? Odoo's most recent round was an Undisclosed round of $527M in Nov 2024, led by Sequoia Capital. ### What was Odoo's biggest round? Its most recent round, $527M in Nov 2024, is also its largest on record. ### Who backed Odoo first? Odoo's first round on record, in Feb 2010, was backed by Sofinnova Partners. ### What stage is Odoo at? Odoo's latest named round is an Undisclosed round, in Nov 2024. ### Where is Odoo based? Odoo is based in Belgium. ### Who led Odoo's rounds? Sequoia Capital led the Undisclosed round in 2024. ## Companies like Odoo In the same sector, and raised in the last eighteen months. [**Ravical** $25M · Oct 2026](https://millionrounds.com/company/ravical)[**Auditstage** $3.1M · Jul 2026](https://millionrounds.com/company/auditstage)[**Timefold** $20M · Jun 2026](https://millionrounds.com/company/timefold)[**Trendtracker** $7.0M · Dec 2025](https://millionrounds.com/company/trendtracker)[**Enersee** $4.7M · Sept 2025](https://millionrounds.com/company/enersee)[**FactBase** $28M · Nov 2026](https://millionrounds.com/company/factbase) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app