Origin of ODOO (ON DEMAND OPEN OBJECT) was in Belgium. Odoo is a suite of Business Management Software. Fabien pinckaers the founder and current CEO of ODOO started to develop this software in 2005 which called Tiny ERP.
After three years later the name was changed to Open ERP. The company started to grow quickly in 2010, Open ERP had become the 100+ employees.
In 2013, the company won a Deloitte award for being the fastest-growing company in Belgium, with 1549% growth over a five-year period.
In 2014, the company was renamed Odoo, to diversify itself from the term "ERP". In 2015, Inc. Magazine placed Odoo in the top 5000 fastest-growing private companies in Europe.
In 2019, the company raised a $90 million investment.
In 2021, Odoo products were used by more than 5 million customers. Odoo expects to hire 1,000 new employees, according to CEO Fabien Pinckaers.