How Odoo Grew to $650M ARR and 11,000 Customers in 2024
February 22nd, 2025
Founded By
Fabien Pinckaers
Monthly Revenue
$54.2M
Starting Costs
$3M
Days To Build
730
Founders
1
Employees
5000 (est.)
Monthly Traffic
6.12M
Profitable
Yes
Days To Build
730
Year Started
2005
Revenue Per Visitor
$8.86
Who is Fabien Pinckaers?
Fabien Pinckaers, the founder and CEO of Odoo, is a Belgian entrepreneur who started his journey in software development at a young age. He founded Odoo in 2005 with the vision of creating an accessible and customizable open-source enterprise resource planning (ERP) solution. Growing up in the Belgian countryside, his education and career path were shaped by a passion for innovation and efficiency, which he brought into Odoo, transforming it into a leading global business software...
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Sources (4)
3 articles · 1 podcast
odoo.com
Article
·
2021
The Odoo Story
Making companies a better place, one app at a time. I needed to change the world. I wanted to ... You know how it is when you are young; ...
getlatka.com
Article
·
2025
How Odoo hit $650M revenue and 11K customers in 2024.
How Odoo hit $650M revenue and 11K customers in 2024.
Odoo S.A. (formerly known as OpenERP S.A.) was founded in 2005 and is headquarte...
canvasbusinessmodel.com
Article
·
2024
A Brief History of Odoo
Odoo, formerly known as OpenERP, is a comprehensive suite of business applications that offers a range of functionalities to help streaml...
thetwentyminutevc.libsyn.com
Podcast
·
2025
20VC: The $5BN Company Built from the Belgian Countryside | The Story of Odoo: The Company with No Plans to Sell, IPO & Their Billionaire Founder Who Does Not Care About Money with Fabien Pinckaers, Founder & CEO @ Odoo
<p dir="ltr">Fabien Pinckaers is the Founder & CEO of Odoo, one of the most incredible businesses that you might not have heard of. Built...
