What is ODILO?
ODILO is a privately held Spanish and USA-based company that specializes in developing innovative digital content lending solutions. Serving millions of end-users across 43 countries, ODILO provides a comprehensive suite of products for the discovery, management, and distribution of print and digital materials. The company caters to a diverse clientele, including public, private, university, school, and special interest libraries, as well as corporations and the travel and hospitality industries. Its user-friendly solutions are designed to meet the evolving needs of modern information access and distribution.
How much funding has ODILO raised?
ODILO has raised a total of $84.6M across 5 funding rounds:
Angel/Seed
$2.8M
Unspecified
$1.4M
Private Equity
$6.3M
Private Equity
$10M
Unspecified
$64M
Angel/Seed (2014): $2.8M with participation from Active Venture Partner
Unspecified (2016): $1.4M led by Inveready Technology Investment Group
Private Equity (2017): $6.3M supported by Inveready, JME Venture Capital, Kibo Ventures, and Active Venture Partners
Private Equity (2020): $10M featuring Swanlaab Venture Factory, JME Ventures, Endeavor Global, Active VP, KIBO VC, and CDTI
Unspecified (2022): $64M backed by Bregal Milestone, CDTI, and Swanlaab
Key Investors in ODILO
Bregal Milestone
Bregal Milestone is a European growth private equity firm focused on high-growth software businesses, providing capital and operational support to accelerate their market leadership.
Swanlaab Venture Factory
Swanlaab Venture Factory empowers entrepreneurs with capital and strategic expertise, focusing on high-potential industries like deep tech and B2B software to foster global scaling.
Inveready Technology Investment Group
Inveready is a Spanish financial services firm specializing in investment solutions and wealth management, actively investing in small and mid-market segments.
What's next for ODILO?
With its recent major strategic investment, ODILO is poised for significant expansion and innovation. The company's focus on digital content lending solutions positions it well within the growing digital transformation landscape for libraries and corporate information management. Future growth is likely to involve enhancing its product suite, expanding into new international markets, and potentially exploring strategic partnerships to broaden its reach and service offerings. The substantial capital raised indicates a strong investor confidence in ODILO's business model and its capacity to scale effectively in the global market.
See full ODILO company page