Odilo raised €60 million in an investment round led by Bregal Milestone.

Odilo, a Madrid, Spain and New York, USA startup providing digital content and learning services, raised $60 million.

The money was raised from investors led by Bregal Milestone, joined by Swanlaab and CDTI.

Odilo, founded in 2011 and led by CEO Rodrigo Rodríguez, developed a SAAS platform which allows management, distribution, consumption, archiving, and preservation of all types of digital content. The company says it provides access to nearly three million titles from leading and popular publishers, for 170 million users through 8,500 organisations across 52 countries. Paying customers include Google, Vodafone, Beijing University and Massachusetts Institute of Technology and Government of Calgary in Canada. 

Odilo previously raised $10 million in 2020, and other investors include Endeavor Catalyst, KIBO VC, JME VC and Active VP.