- Odoo has received investment from Alphabet and Sequoia Capital - Odoo startup's valuation after the round was €5 billion - Belgian startup creates open source software - It helps businesses plan their resources - 80+ business applications are available on the Odoo platform - Odoo is already profitable, with revenue growing at 50%/year - Revenue for 2023 was €370m, for 2025 will be €650m - The startup aims to surpass the €1 billion mark by 2027 - 80% of its business comes from open source software - Another 20% comes from software that Odoo licenses