Fortino Capital I

Fortino Capital Partners, founded in 2013 and based in Antwerp, Belgium, is a growth and expansion firm that focuses on investing in early and mid-cycle business-to-business software-as-a-service (SaaS) companies. The firm aims to provide both capital and expertise to exceptional entrepreneurs and companies in Europe and the USA, particularly those developing software platforms designed for small and medium-sized enterprises (SMEs). Fortino Capital also targets investments in companies seeking to transform their business models by implementing best-in-class management practices and advanced technologies. The firm emphasizes building brands and go-to-market strategies, particularly for media and high-end product manufacturing sectors.

Renaat Berckmoes

Partner

Wouter Van de Bunt

Partner

Filip Van Innis

Investment Director

Philippe Remy

Partner

Duco Sickinghe

Managing Partner

De Troyer, Steven

Partner

Matthias Vandepitte

Partner

Past deals in Belgium

TechWolf

Series A in 2022
TechWolf develops an AI-based talent intelligence platform that allows enterprises to adopt a skills-based talent model. The company's platform automatically monitors employees’ skills based on HR information and their digital footprint on the work floor. Its AI-based software offers organizations an overview of skills and skill gaps across their workforce and actionable insights on current and future skill needs.

Venly

Series A in 2022
Venly is a developer of a cryptocurrency platform that focuses on building blockchain solutions for digital asset creation and monetization. The company offers an all-in-one platform that enables developers to integrate any blockchain into their projects seamlessly. Venly's wallet simplifies the complexities of blockchain technology, facilitating an open network among individuals, ecosystems, and applications. By providing custodial solutions and straightforward, composable abstractions, Venly empowers users to conduct transactions with others, access decentralized applications, and interact across different networks. Additionally, Venly Ventures invests in promising Web3 gaming projects, offering technical talent, industry expertise, and a broad network to support their growth.

Timeseer.AI

Seed Round in 2022
Timeseer.AI is a developer of a low-code platform focused on time series data operations and observability. The company aims to enhance the value of industrial Internet of Things (IIoT) data, enabling businesses to treat data as a valuable asset. By integrating machine learning and natural language processing, Timeseer.AI prepares time-series analytics to help organizations extract meaningful statistics and insights from their data. The platform is designed to support augmented analytics, facilitating informed decision-making in the connected industry economy.

SupplyStack

Series A in 2019
We help modern shippers and logistics service providers improve their net margin with real-time transport management. We combine a cutting-edge visibility solution with a tier one transport management system, all on a single cloud platform.

Teamleader

Series C in 2018
Teamleader, based in Belgium, is a software company that provides a comprehensive platform for project management and invoicing, aimed at helping entrepreneurs streamline their business operations. With over 7,000 paying customers, the company has experienced significant growth and is poised for further expansion. Teamleader's user-friendly interface, competitive pricing, and extensive integrations make it an appealing choice for businesses looking to manage their sales, project management, calendar, time tracking, invoicing, and ticketing in one place. By simplifying these essential functions, Teamleader enables clients to save time and focus on increasing their revenue.

Dobco Medical Systems

Venture Round in 2018
Dobco Medical Systems N.V., founded in 2011 and based in Sint-Niklaas, Belgium, specializes in web-based medical imaging solutions for the healthcare industry. The company offers innovative platforms such as PACSonWEB, which utilizes HTML5 technology for secure access to medical imaging, and RISonWEB, a radiology information system designed for nuclear medicine. Dobco Medical Systems aims to enhance the diagnostic imaging process by providing clear interfaces that facilitate the exchange of medical images and reports among patients and healthcare professionals. By leveraging cloud-native technology, the company addresses the challenges of medical imaging from a unique perspective, streamlining workflows and improving access to critical medical information across the continuum of care.

PieSync

Venture Round in 2018
PieSync is a developer of a synchronization application that facilitates real-time contact syncing between various cloud applications. By enabling bidirectional synchronization, PieSync allows users to manage their contacts, emails, calendars, tasks, and documents seamlessly. The application operates in the background, ensuring that contacts are consistently updated across different platforms, which significantly enhances productivity for business users by integrating their favorite web applications.

Mobilexpense

Venture Round in 2017
Mobilexpense is a developer of SaaS-based travel and expense management software designed to streamline the expense reporting process for organizations. The platform simplifies travel requests, expense submissions, and approvals, making these tasks quick and efficient. With advanced features such as optical character recognition (OCR) and machine learning, Mobilexpense enhances user experience while ensuring compliance with various regulations, including the Sunshine Act. The software allows finance departments to implement automated controls and analytics, facilitating VAT recovery and adherence to industry-specific practices. Mobilexpense has successfully implemented its solution over 1,600 times across more than 100 countries, gaining the trust of notable clients. Additionally, the platform supports integrations with online booking tools, credit card feeds, and existing financial and HR systems, further enhancing its utility for organizations seeking effective expense management.

APROPLAN

Series A in 2017
The construction industry has one of the highest error. This is due to constant changes in plans and drawings, important administrative burden, and the number of stakeholder involved in the construction process. AproPLAN is an collaborative app for architects, contractors and engineers that aims to reduce this by putting everyone on the same page. AproPLAN centralises all of the plans, drawings and documents of a project in one place ensuring everyone is on the same page. During site visits AproPLAN replaces pen and paper, helping to reduce the admin burden by 50%. I you want to join a fast-growing dynamic team that aims to completely revolutionise the construction world join us!

Teamleader

Series B in 2016
Teamleader, based in Belgium, is a software company that provides a comprehensive platform for project management and invoicing, aimed at helping entrepreneurs streamline their business operations. With over 7,000 paying customers, the company has experienced significant growth and is poised for further expansion. Teamleader's user-friendly interface, competitive pricing, and extensive integrations make it an appealing choice for businesses looking to manage their sales, project management, calendar, time tracking, invoicing, and ticketing in one place. By simplifying these essential functions, Teamleader enables clients to save time and focus on increasing their revenue.

SupplyStack

Seed Round in 2016
We help modern shippers and logistics service providers improve their net margin with real-time transport management. We combine a cutting-edge visibility solution with a tier one transport management system, all on a single cloud platform.
Riaktr is a Belgian scale-up founded in 2009 and backed by first class investors (Fortino, Endeit, GIMV). We started as a service company under the name ‘Real Impact Analytics’. At the time, Big Data was the new big thing, driving important corporate investments. Yet, too often such investments were not yielding the desired returns. Since day one, we pursue a clear mission: leverage the value of telecom data. We do this by starting from the field to build user-centric frameworks driving results. We resist the ‘black box’ principle by putting data at the service of human intelligence and bringing teams together under a collaborative approach. Our brand Riaktr, adopted in 2018, symbolizes our pivot from a services business to a product company. Today our software products address two major questions faced by telcos: - How can I optimize my network CAPEX investments? - How can I optimize my Sales & Distribution operations? Behind the scenes, we are a team of computer scientists, engineers and business consultants based in the heart of Brussels, with a local presence close to our clients in South-Africa and Brazil. We have worked in many countries in Africa, Latin America, the Caribbean and Europe. We work with six of the ten biggest telecom groups to revolutionize the telecom and Consumer Goods industries.

Unifiedpost Group

Series A in 2016
Unifiedpost Group makes business simple and smart by helping organisations build strong digital connections with their customers and suppliers. Invoicing: Transition to electronic invoicing processes and ensure you’re meeting local tax compliance regulations, while reaping many business benefits. Payments: Digitalise payment processes and automate payment tasks so that your business has the tools to pay and get paid faster. Procurement: Automate and digitalise procurement processes with Unifiedpost Group’s e-procurement services to streamline your business operations. Financing: Unlock working capital when you need it with Unifiedpost Group’s flexible invoice financing offering for SMEs.

TrendMiner

Series B in 2015
TrendMiner is a fast, powerful and intuitive advanced industrial analytics platform designed for real-time monitoring and troubleshooting of industrial processes. It provides robust data collection, analysis, and visualization enabling everyone in industrial operations for making smarter data-driven decisions efficiently to accelerate innovation, optimization, and sustainable growth. TrendMiner, a Proemion company, is founded in 2008 with our global headquarters located in Belgium, and offices in the U.S., Germany, Spain and the Netherlands. TrendMiner has strategic partnerships with all major players such as Amazon, Microsoft, SAP, GE Digital, Siemens and Aveva, and offers standard integrations with a wide range of historians such as OSIsoft PI, Yokogawa Exaquantum, AspenTech IP.21, Honeywell PHD, GE Proficy Historian and Wonderware InSQL.

Teamleader

Series A in 2015
Teamleader, based in Belgium, is a software company that provides a comprehensive platform for project management and invoicing, aimed at helping entrepreneurs streamline their business operations. With over 7,000 paying customers, the company has experienced significant growth and is poised for further expansion. Teamleader's user-friendly interface, competitive pricing, and extensive integrations make it an appealing choice for businesses looking to manage their sales, project management, calendar, time tracking, invoicing, and ticketing in one place. By simplifying these essential functions, Teamleader enables clients to save time and focus on increasing their revenue.

Teamleader

Seed Round in 2014
Teamleader, based in Belgium, is a software company that provides a comprehensive platform for project management and invoicing, aimed at helping entrepreneurs streamline their business operations. With over 7,000 paying customers, the company has experienced significant growth and is poised for further expansion. Teamleader's user-friendly interface, competitive pricing, and extensive integrations make it an appealing choice for businesses looking to manage their sales, project management, calendar, time tracking, invoicing, and ticketing in one place. By simplifying these essential functions, Teamleader enables clients to save time and focus on increasing their revenue.

Zentrick

Series A in 2013
Zentrick is a digital video technology company that specializes in ad tech solutions designed to enhance the effectiveness of video advertising. By providing middleware applications, Zentrick enables marketers to deliver personalized and interactive video experiences, while also offering real-time measurement capabilities. Its technology aligns the interests of advertisers, publishers, and viewers, facilitating a healthier and more efficient media ecosystem in the digital video industry. Zentrick serves billions of impressions each month, contributing to improved user engagement and sales conversion across various platforms and devices. In February 2019, Zentrick was acquired by DoubleVerify, and its core team was integrated into a new business unit focused on video and publisher solutions.
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