Odoo is an open-source enterprise resource planning (ERP) software that offers a comprehensive suite of integrated business applications designed to manage various organizational functions. These functions include accounting, sales, customer relationship management (CRM), human resources, inventory management, e-commerce, and manufacturing, among others. Known for its flexibility and scalability, Odoo serves both small businesses and large enterprises, allowing companies to start with core modules and expand by adding new ones as their needs grow. The platform is available for both cloud and on-premises deployment, making it adaptable to a wide range of industries.
Odoo is one of the largest and fastest-growing open-source ERP providers globally, with over 12 million users spanning individual entrepreneurs to large organizations. The platform features more than 35,000 apps, providing tailored solutions for various business requirements. With a workforce of over 3,000 employees, Odoo operates internationally, with offices in Belgium (its headquarters), the United States, India, and Hong Kong.
In 2019, Odoo reached unicorn status, surpassing a $1 billion valuation following a major funding round, making it one of the few open-source ERP platforms to achieve this distinction. The company's continued success is driven by its widespread adoption and the scalability of its software.
Odoo's vast ecosystem is supported by a large community of developers and over 1,500 official partners worldwide, helping businesses customize and implement the platform according to their specific needs. As of recent financial reports, Odoo generates more than €160 million in annual revenue, with strong year-over-year growth.
With its open-source foundation, high degree of customization, and extensive community support, Odoo offers a complete solution for managing end-to-end business processes across various industries. It also provides a paid enterprise version, which includes additional features and dedicated support services for businesses requiring more advanced functionalities.