Odoo, the Walloon unicorn founded by Fabien Pinckaers, has reached a new peak by becoming the highest-valued Belgian technology company, estimated at €5 billion.
A strategic funding round to support growth
The Walloon-based software publisher continues to impress with a major fundraising of €500 million. This transaction, backed by renowned investors such as CapitalG (associated with Alphabet, the parent company of Google) and Sequoia Capital, marks a key milestone in Odoo’s growth.
With over 12 million users worldwide – primarily SMEs – Odoo offers a diverse suite of applications ranging from accounting to website management. Its active developer community enriches the platform with thousands of additional apps.
An impressive trajectory
The company, which expects to exceed €1 billion in revenue this year, is establishing itself as a key player in the digital transformation of businesses. Its rise reflects the ambition and vision of its founder, Fabien Pinckaers, who has managed to develop a global leader while keeping its headquarters in Walloon Brabant.
With this new valuation, Odoo surpasses players like Team.blue and confirms its status as a flagship Belgian technology company.
Discover on ChannelNews.be the exclusive interview with Fabien Pinckaers, in which he reviews the key steps of this incredible success.
