What is ODILO?
ODILO is a privately held Spanish and USA-based company that specializes in developing innovative and creative digital content lending solutions. With a global reach impacting millions of end-users across 43 countries, ODILO provides a comprehensive suite of products for the discovery, management, and distribution of both print and digital materials. The company serves a diverse clientele, including public, private, university, school, and special interest libraries, as well as corporations and the travel and hospitality industries, by designing efficient and user-friendly solutions tailored to their specific needs.
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 JME Venture Capital, Kibo Ventures, Inveready, and Active Venture Partners
Private Equity (2020): $10M featuring CDTI, Endeavor Global, KIBO VC, Swanlaab Venture Factory, JME Ventures, and Active VP
Unspecified (2022): $64M backed by Swanlaab, Bregal Milestone, and CDTI
Key Investors in ODILO
Inveready Technology Investment Group
Inveready is a prominent Spanish financial services firm specializing in investment solutions and wealth management, known for its active role in the small and mid-market segments and commitment to responsible investment practices.
CDTI
CDTI, while described in the provided data with a focus on automotive emissions control technologies, appears in ODILO's funding history, suggesting a diversified investment portfolio or a strategic alignment not immediately apparent from its primary business description.
Endeavor Global
Endeavor Global is an organization dedicated to supporting entrepreneurs with high growth potential, providing services to help them scale their ventures and create economic impact.
What's next for ODILO?
The recent major strategic investment signals a pivotal phase for ODILO, likely indicating a move towards scaling operations, enhancing its technological infrastructure, and potentially expanding into new geographic markets or service verticals. This infusion of capital, following a history of consistent funding rounds, suggests strong investor confidence in ODILO's business model and its capacity for sustained growth. The company is well-positioned to leverage this backing to further solidify its leadership in the digital content lending space and explore new avenues for innovation and market penetration.
See full ODILO company page