A 500m€ investment in Odoo at a 5B€ valuation has been led by CapitalG & Sequoia Cap - along with top investors like Mubadala & BlackRock.
It's a secondary transaction - no money for the company, as we don't need it: we grow organically.
I didn't sell - kept the majority.
Fabien Pinckaers
5,888 posts
Odoo Founder: making companies a better place, one app at a time.
- #Odoo AI : assign tasks automatically based on a prompt.
00:00 - New #odoo milestone: $100M per year in billing. Cash flow is not our bottleneck anymore, it's the recruitment of R&D developers.
- The massive customer demand of #odoo continues: 73% growth of the billing in 2021. That's what happens, when you spend a decade focusing on building the best product.
- The #Odoo 13 new framework is a revolution. Compare speed & SQL queries of these 2 screenshots. The account code is the same, only the ORM changed -> expect similar enhancements in most business objects. Branch should be merged soon. #superfast #odoo13
- #Odoo 13 is blazing fast. More comparisons: Creation of partners: (4x faster) - v12: 52.1ms with 70 SQL queries - v13: 13.5ms with 4 SQL queries Create invoice: - v12: 117ms, 102 SQL - v13: 53ms, 19 SQL Create + post +flush invoice: - v12: 210ms, 292 SQL - v13: 136ms, 52 SQL
- #Odoo R&D peek: improved readability of URLs in the backend, to easily share documents while preserving the breadcrumb. Note: you'll be able to replace "/home" by "/json" in the URL to get the same data in JSON rather than the web page. (list view, form view, pivot table, ...)
- A few hundreds of employees of Odoo Belgium will work from home... and it's not gonna be a big deal! From accounting to services, from HR to sales; everything is online, digital, and easily accessible on Odoo. It's great to run on such a good software :)














