Odoo: General Atlantic growth equity — €7B valuation follow-on (Jan 2026)
What's the deal? General Atlantic first invested in Belgian open-source business software company Odoo in 2023 (about €150 million ). In January 2026 it closed a further investment, acquiring an additional minority stake from Wallonie Entreprendre in a transaction that valued Odoo at €7 billion .
Context Odoo provides an integrated suite of open-source business applications for SMEs (finance, sales, HR, marketing and more) with a large community app store. Headquarters are in Louvain-la-Neuve, Belgium, with a global customer base. The January 2026 follow-on deepened General Atlantic’s growth equity partnership after the initial 2023 entry.
