Fundraising Fox

SmartFin

Venture capital

Brussels · Seed–Late Stage · 23 people tracked

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Investment thesis

SmartFin targets exceptional, growing B2B technology companies headquartered in Europe, backing ambitious founders who want to lead their markets. Beyond capital, the firm emphasizes hands-on support, clear feedback and relevant guidance drawn from operator experience. It writes investment tickets of up to €50m and manages more than €600m in assets, maintaining a diverse and well-balanced portfolio of around 25 companies. The firm positions itself as a partner that supports and guides the entrepreneurs it trusts, focusing on technology ventures across the European region.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$1.1M – $55M
HQ
Brussels, BE
Instruments
Equity
Founded
2014
AUM
$660M
Tracked investments
39

Team · 23 people

from the firm's website & public directories
Toon De Neef· Investment Managerin
Joris De Meester· Advisorin
Joris Van Der Gucht· EIRin
Roel Caers· Advisorin
Vanessa Malfet· Office Managerin

Manages Smartfin's office operations since 2023.

Founder mafia

4 people who came through SmartFin went on to found or lead other companies.

What they invest in

from 28 of 39 portfolio companies

Enterprise Software ×16SaaS ×16AI & Machine Learning ×10Data & Infrastructure ×7Fintech ×5Consumer ×3Developer Tools ×3E-commerce ×3

HQs:Belgium×3Netherlands×2United Kingdom×1Luxembourg×1Türkiye×1United States×1

Who they back

founder profiles across 14 portfolio companies
57%
solo founders
8 of 14 mapped founding teams

Founding team size:solo founder×82 founders×33 founders×24+ founders×1

Investments · 39 tracked

founders shown can be your intro path
Willowwillow.coin𝕏✓ verified

Willow (originally founded as Contento) offers social media management for small and medium-sized B2B professional service providers, combining a scheduling and content platform with AI tools and human social media coaching.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSGhent, BE

Ludwig Dumont(Founder)in

Co-investorsPMV

Ai Bloxai-blox.comin

AI-Blox develops modular hardware platforms for edge AI applications, offering customizable infrastructure with integrated GPUs and touchscreens for robotics, autonomous vehicles, and industrial quality inspection.

AI & Machine LearningHardwareRobotics

Akinonakinon.comin

Akinon provides a digital commerce platform for enterprise retailers, offering software to build and operate e-commerce websites and omnichannel retail operations.

E-commerceEnterprise SoftwareRetail TechSaaS

Tolga(CEO & Co-founder)inÇağrı Orçan(Chief Sales Officer & Co-founder)inMümin Öztürk(Co-Founder & Chief Technology Officer)Ahmet Emre Sarı(Executive Chairman)inEmre Uçan(VP of Professional Services)Sevcan Demir(Chief Operations Officer)

Co-investorsRevo Capital

Ancoaancoa.comAcquired

UK-based provider of market surveillance and big data analytics software for banks, brokers, asset managers and regulators.

Auditstageauditstage.comin

Auditstage is a cloud-based audit management platform that consolidates fragmented audit tools into a single system, automating data ingestion, workflow management, and documentation with integrated AI for risk detection and review across the entire audit engagement process.

AI & Machine LearningEnterprise SoftwareSaaS

Betty Blocksbettyblocks.comin

Betty Blocks is an AI Application Generation Platform that enables enterprises to build production-ready applications from prompts with built-in governance, audit trails, and portable code ownership.

AI & Machine LearningDeveloper ToolsEnterprise Software

Bright Analyticsbrightanalytics.be

Belgian cloud platform for consolidated financial, operational and management reporting used by CFOs and controllers.

CrazyGamescrazygames.comin

CrazyGames is a free browser gaming platform hosting over 4,500 games across multiple genres for casual players on desktop and mobile devices.

ConsumerGaming

Raf Mertens

Deliverectdeliverect.comin

Deliverect operates a platform designed to support the food service and restaurant industry worldwide, facilitating growth and digital operations through integration with major food delivery and point-of-sale partners.

E-commerceEnterprise SoftwareFoodTechRetail TechSaaS

Zhong Xu(Founder)inJerome Laredo(Founder)in

Co-investorsAlkeon InnovationCoatue ManagementNewionOMERS VenturesRedpoint Ventures

Diviteldivitel.comin𝕏

Divitel provides observability and operational intelligence software for telecom operators, ISPs, and media companies managing complex video and broadband platforms.

AI & Machine LearningData & InfrastructureEnterprise Software

Emmaemma.msin

Emma provides a multi-cloud management platform that enables organizations to deploy, manage, and optimize infrastructure across on-premises, private, and public cloud environments without vendor lock-in.

Cloud ComputingDeveloper ToolsEnterprise SoftwareSaaSLuxembourg, LU

Dmitry

Co-investorsAltaIR CapitalRTP Global

Eyesee

EyeSee is a behavioral market research firm using webcam eye-tracking and facial coding to test packaging, ads and e-commerce.

Eyesee Researcheyesee-research.comin

EyeSee is a behavioral research firm that provides predictive insights for shopper behavior, advertising effectiveness, product innovation, and e-commerce optimization.

ConsumerData & InfrastructureMarketing Tech

Fimple

Cloud-native core banking software provider

Co-investorsDN Capital

Happeohappeo.comin𝕏

Happeo builds an intranet platform for growing companies that centralizes company information such as policies, processes, onboarding, and updates into one searchable place.

Enterprise SoftwareFuture of WorkSaaS

Co-investorsDN CapitalEndeit CapitalEvli Growth PartnersVendep CapitalInkef

Hex Rayshex-rays.comin𝕏Acquired

Hex-Rays develops IDA, a binary analysis tool used by cybersecurity professionals for reverse engineering, malware analysis, and vulnerability research across multiple processor architectures.

CybersecurityDeveloper Tools

Ilfak Guilfanov(Founder)

Idirectidirect.netin𝕏Acquired

ST Engineering iDirect develops satellite communication technologies and connectivity solutions for defense, government, enterprise, and media customers.

Defense TechEnterprise SoftwareSpace Tech

Incardincard.comin𝕏

Incard is a financial operating system for high-spend online businesses offering multi-currency business accounts, corporate cards with uncapped cashback rewards, money transfer, and connected banking to manage multiple accounts in one place.

Enterprise SoftwareFintechSaaS

Itinerisitineris.netin𝕏

Itineris provides a SaaS platform that connects utility management processes including customer service and metering on a unified system.

Enterprise SoftwareGovTechSaaS

Locateelocatee.cominAcquired

Tango offers a real estate management software platform for enterprises, covering site selection, lease management and accounting, project and maintenance coordination, energy and sustainability reporting, and workplace/occupancy analytics.

Enterprise SoftwarePropTechSaaS

Co-investorsSICTIC

Luzmoluzmo.comin𝕏

Luzmo provides an embedded analytics platform with charts, filters, dashboards, and built-in AI chat that software companies integrate into their own products to give end users self-service data insights.

AI & Machine LearningData & InfrastructureSaaS

Co-investorsAxeleo Capital

Newtec

Danish family-owned manufacturer of weighing, packaging and optical sorting machines for fruit and vegetables.

Ng Datangdata.comin

NGDATA provides an AI-powered customer data platform for financial institutions that unifies and activates existing customer data to drive deposit growth and customer lifetime value without replacing core banking systems.

AI & Machine LearningData & InfrastructureFintech

Co-investorsCapricorn Venture PartnersHPE GrowthPamica NV

OpenUpopenup.com

Amsterdam-based OpenUp runs an employer-funded platform giving employees anonymous access to psychologists, coaches and courses.

Co-investorsMundi Ventures

Payflippayflip.bein

Payflip provides a digital platform that allows employees to customize their compensation packages with flexible benefits like bicycles, smartphones, charging stations, or additional vacation days.

FintechHR TechSaaS

RALLYmariadb.comin𝕏

MariaDB develops a relational database system designed to serve as a cost-effective alternative to legacy databases like Oracle for storing and accessing data across mobile, web, and IoT applications.

Cloud ComputingData & InfrastructureEnterprise SoftwareSilicon Valley, US

Vikas Mathur(Chief Product Officer)

Co-investorsHighBar PartnersOpenOceanKreos CapitalSpintop Ventures

Rechargerecharge.comin

Recharge.com is an online platform that sells mobile phone credit, gaming vouchers, and prepaid payment cards with instant digital delivery.

ConsumerE-commerceFintech

Co-investorsExpansion Venture Capital

Roamlerroamler.comin

Roamler provides real-time retail monitoring and field execution services for FMCG brands and retailers across Europe, helping them identify growth opportunities and optimize store performance through data collection and on-demand field teams.

Data & InfrastructureMarketing TechRetail Tech

Sequestosequesto.comin

SEQUESTO offers an agentic operating system (aOS) that combines AI model intelligence, specialist agents, connected knowledge, and configurable workflows into one auditable platform for drafting responses to RFPs, RFIs, DDQs, tenders, and security questionnaires.

AI & Machine LearningSaaSSales Tech

Patrick Dalvinck(Founder)inEvrard t'Serstevens(Founder)in

Co-investorsNewion

Silverfinsilverfin.comAcquired

Belgian cloud accounting platform that unifies businesses' financial data, reporting and communication for accountancy firms.

Co-investorsEntourage VenturesIndex Ventures

Tangoanalyticstangoanalytics.comin

Tango provides a software platform for managing commercial real estate portfolios across corporate, retail, and other enterprises.

Enterprise SoftwarePropTechSaaS

The Gluetheglue.comin

Belgium-based provider of digital infrastructure for financial services.

Co-investorsAlpana Ventures

Theo TechnologiesAcquired

Belgian video technology company behind THEOplayer and THEOlive, acquired by Dolby in 2024.

Co-investorsPMV

Theoplayerin𝕏Acquired

Dolby OptiView is a video streaming technology platform that delivers synchronized live sports experiences across devices for streaming platforms, rights holders, and betting operators.

Media & EntertainmentSaaS

Timefoldtimefold.aiin𝕏

Timefold builds AI-powered scheduling and operational planning software, delivered as APIs, that generates optimized, transparent, and adaptable schedules for teams managing workforce and field operations.

Advanced ManufacturingAI & Machine LearningClimate TechDeep TechEnterprise SoftwareLogistics & Supply ChainSaaS

Geoffrey De Smet(Founder)

Co-investorsKOMPAS VC

Timeseertimeseer.ai

Timeseer is an AI-driven sensor data quality platform that detects, validates, and resolves issues in industrial IIoT sensor data to make it trustworthy and fit for operations, analytics, and AI.

AI & Machine LearningData & InfrastructureIoT

Co-investorsCrane Venture PartnersOTB Ventures

Timeseer Ai

Belgian DataOps company whose platform monitors and improves the quality and reliability of time-series data.

Unifiedpostunifiedpost.comin

Banqup (formerly Unifiedpost) provides automated digital solutions for invoicing, payment processing, and tax compliance across procure-to-pay, order-to-cash, and payment workflows.

Enterprise SoftwareFintechSaaS

Co-investorsFrancisco Partners

Zivverzivver.comin𝕏Acquired

Amsterdam-founded provider of secure email, data-leak prevention and compliance software, now part of Kiteworks.

Co-investorsDawn CapitalDN CapitalhenQ vc

Portfolio news

latest coverage across their companies
Sequesto - | StartupHub.ai

Sequesto · startuphub.ai · Sep 17, 2025

Frequently asked questions

How many investments has SmartFin made?
SmartFin has 39 tracked investments.
What stage does SmartFin invest at?
SmartFin invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is SmartFin's typical check size?
SmartFin typically writes checks of $1.1M – $55M.
What sectors does SmartFin focus on?
SmartFin focuses on B2B Marketplaces, Deep Tech, Enterprise Software, Fintech, SaaS.
Where is SmartFin located?
SmartFin is headquartered in Brussels, BE.
Who does SmartFin co-invest with?
SmartFin most often shares deals with DN Capital, Newion, PMV, among 30 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Wat money “smart” maakt | Jürgen Ingels van Smartfin (ep. 2/5)

On Good Terms · Jürgen Ingels

SuperHero Conversations EP2 | Jürgen Ingels - Founder SuperNova & Smartfin

SuperNova · Jürgen Ingels

137. Jürgen Ingels, Smartfin Capital, Over Tech Durfkapitaal

Discours Met De Boys · Jürgen Ingels

3. The Preview: "Ondernemen/Durfinvesteringen" met Jürgen Ingels, Founder van Smartfin

Business AM · Jürgen Ingels

Faraday Video Blog: Thomas Depuydt about Smartfin and the local ecosystem

Faraday Venture Partners · Thomas Depuydt

Images

SmartFin photoSmartFin photoSmartFin photoSmartFin photoSmartFin photoSmartFin photo

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