Register No. 105
Is Odoo European?
Yes. Odoo is under verified European control.
Odoo's own consolidated accounts for 2025, filed with the National Bank of Belgium, name founder and chief executive Fabien Pinckaers as the ultimate controlling party with 55% of the shares, and say that all classes of shares carry the same rights. Investors who bought in since 2024, among them CapitalG, Sequoia and General Atlantic, bought minority stakes from earlier investors. Odoo's filings give Pinckaers a Belgian domicile, and Forbes lists his residence in Belgium.
Latest
Nothing new on file since the check on 1 November 2026. Seen news about Odoo? Send it with a source.
- Controlled by
- Fabien Pinckaers, founder and chief executive, with 55% of the shares
- Control sits in
- Belgium
- Legal entity
- Odoo SA
- Seat
Ramillies, Belgium- Founded
- 2002
- Last checked
About Odoo
Odoo makes a suite of business applications for accounting, invoicing, CRM, sales, inventory, point of sale, websites and more, used mostly by small and medium-sized companies. Its core edition is open source. The company is based in Ramillies, Belgium, and reported consolidated revenue of 545.5 million euro for 2025.
Ownership
Odoo SA (Ramillies, enterprise number 0477.472.701) heads the Odoo group and reports no parent company. Its consolidated accounts for 2024 and 2025, filed with the National Bank of Belgium, name founder and chief executive Fabien Pinckaers as the ultimate controlling party with 55% of the shares. Investors such as Summit Partners, General Atlantic, CapitalG and Sequoia hold minority stakes; the deals of November 2024 and January 2026 were sales of existing shares between investors.
Evidence 8
- Odoo consolidated accounts 2025 (French), filed with the National Bank of Belgium, note 2.18: Fabien Pinckaers is the ultimate controlling party with 55% of the sharesconsult.cbso.nbb.be ↗
- Odoo SA annual accounts 2025 (French), filed with the National Bank of Belgium: board members with their domicile, no parent companyconsult.cbso.nbb.be ↗
- Crossroads Bank for Enterprises: Odoo SA, 0477.472.701, Chaussée de Namur 40, Ramillies, active since 6 May 2002kbopub.economie.fgov.be ↗
- Odoo, 20 November 2024: 500 million euro secondary transaction led by CapitalG and Sequoia, Summit remains the largest institutional shareholderodoo.com ↗
- General Atlantic, 16 January 2026: additional minority stake bought from Wallonie Entreprendre at a 7 billion euro valuationgeneralatlantic.com ↗
- The Brussels Times, 24 September 2026: Pinckaers puts Odoo at 10 billion euro and repeats that he is not a sellerbrusselstimes.com ↗
- Forbes profile of Fabien Pinckaers (updated March 2026): residence Saint-Denis-Bovesse, Belgiumforbes.com ↗
- Odoo: Pricingodoo.com ↗
Sources were opened and read on the date of the check. Registers and websites change; if one of these no longer says what we cite it for, tell us.
Product
Odoo
odoo.com ↗Open source business software from Belgium
The core, Odoo Community, is open source under the LGPL licence. The paid plans include all apps with hosting by Odoo, and the Custom plan can also run on Odoo.sh or on your own servers. It suits small and medium-sized companies that want to replace separate accounting, CRM and stock tools with one system from a company headquartered in the EU.
- Instead of
- NetSuite, QuickBooks and Salesforce
- Pricing
- One App Free costs nothing for one app with unlimited users. Standard costs 24.90 euro per user per month billed yearly, discounted to 19.90 euro in the first year, and Custom costs 44.90 euro, discounted to 35.90 euro, as shown on the Dutch pricing page.
- Suits
- Small and medium businesses that want one integrated system
Free plan
Badge
Odoo can show its verified European ownership with a badge that links back to this page. If the verdict ever changes, the badge stops working.
Also available in black and white, and as a compact badge: change blue to black or white, or ownership to ownership-compact.