Odoo

Odoo

odoo.com·Belgium·Updated Nov 4, 2024

Open-source suite of integrated business applications including CRM, accounting, e-commerce, and HR tools

SaaSOpen SourceProductivity

Est. Valuation

$2.5B

$2,500,000,020 · 5× ARR estimate

Monthly Revenue (MRR)

$41.7M

$41,666,667/mo

Annual Revenue (ARR)

$500M

$500,000,004/yr

Founded

2005

Odoo Revenue History

Revenue history for Odoo from 2019 to 2026.

YearMRRARRYoY GrowthSource
2019$2,600,000$31,200,000May 2019
2024$41,666,667$500,000,000+1,503%Nov 2024

How Odoo Makes Money

mixed

Odoo Funding

Odoo is fully bootstrapped with no outside funding. The company has grown to $500,000,004 ARR organically.

Odoo Founders

Fabien Pinckaers

Founder & CEO

Odoo FAQ

How much does Odoo make?
Odoo generates $41,666,667 in monthly recurring revenue (MRR), which is $500,000,004 annualized (ARR). This revenue figure is self-reported by the founder.
What is Odoo's valuation?
Odoo's estimated valuation is $2,500,000,020, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Odoo?
Odoo was founded in 2005 by Fabien Pinckaers (Founder & CEO). The company is based in BE.
Is Odoo bootstrapped?
Yes, Odoo is fully bootstrapped with no outside funding. The company has grown to $500,000,004 ARR organically as a solo-founder business.
What does Odoo do?
Open-source suite of integrated business applications including CRM, accounting, e-commerce, and HR tools Odoo operates in the SaaS, Open Source, Productivity space.

How We Estimate Odoo's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.